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Punjab Chemicals & Crop Protection Ltd logo

Punjab Chemicals & Crop Protection Ltd

NSE: PUNJABCHEM BSE: 506618

₹1183.60

(3.67%)

Wed, 04 Mar 2026, 06:20 pm

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Company History

1975

  • The company was incorporated on 19th November.
  • The company entered into a technical and financial collaboration with Excel Industries Ltd. for the manufacture of malathion technical.
  • The company applied to the government for registration for the manufacture of 600 tonnes of Di-ethyl Oxalate.
  • All shares were taken up by promoters, directors, etc.

1976

  • The company issued 1,87,360 shares to PSIDC and 1,87,500 shares to Excel Industries Ltd.
  • The company issued 3,75,000 shares at par and offered the balance to the public in February 1977.

1981

  • The company received power connection for the oxalic acid unit in July and started trial runs.
  • The company planned to manufacture quinaphos technical in the same existing malathion plant with minor modifications.
  • The company received a letter of intent for the manufacture of ethyle acetate.

1984

  • The name of the company was changed from Punjab United Pesticides and Chemicals Ltd. to its present one.

1987

  • The company offered 1,87,500 shares at par as rights in the proportion 1:4 and all were taken up.
  • The company offered 50,000 shares to employees and directors and 42,400 shares were taken up.

1989

  • The company offered 11,26,900 shares as rights at a premium of Rs.30 per share and allotted 11,24,774 shares.
  • The company offered 56,295 shares to employees and Indian working directors at a premium of Rs.30 per share and allotted 49,000 shares.

1990

  • The company commenced manufacture of Sodium Nitrite from the waste Nox gases coming out of oxalic acid plant.
  • The company commenced production of sodium oxalates and spray dried silica from the ash obtained after burning rice husk in the boilers.
  • The company received SIA registration to manufacture various oxalates with bi-product sodium carborate.

2003

  • The Punjab Chemicals and Pharmaceuticals Ltd acquired Alpha Drugs India Ltd, a manufacturer of Penicillin-based antibiotics and anti-bacterial drugs.

2004

  • The Company changed its name from Punjab Chemicals and Pharmaceuticals Ltd to Punjab Chemicals and Crop Protection Ltd
  • The Company recommended the issue of bonus shares in the ratio of 1:1
  • The Company recommended a dividend of 50% (Rs 5/- per share).

2005

  • The Company appointed Shri. Ajit Sanghvi as an Additional Director and Cap. S S Chopra and Shri. Umesh Sanghvi as Directors of the Company.
  • The Company declared a dividend at the rate of 40%, i.e., Rs. 4/- per equity share.

2006

  • The Company entered into an Agreement with IA & IC Chem Pvt Ltd and acquired its 100% shareholding at a total consideration of Rs 4.618 million.
  • The Company acquired SINTESIS QUIMICA, Argentina.

2007

  • The Company approved the proposal to invest in Source Dynamics, Delaware LLC through SD Agchem (Europe) NV, a wholly owned overseas subsidiary of the Company.

2008

  • Punjab Chemicals and Crop Protection Ltd acquired 70% stake in Vadodara based agro-formulation Company Parul Chemicals Ltd at an enterprise value of Rs 90 million.
  • The Company recommended a dividend of 40% i.e. Rs 4/- for each equity share of Rs 10/- each.

2009

  • The Company recommended a dividend of Rs 1.50 for each equity share of Rs 10/- each.

2010

  • Punjab Chemicals & Crop Protection achieved consolidated sales of Rs. 160 crores and EBIDTA of Rs. 9 crores.

2011

  • Punjab Chemicals & Crop Protection appointed Shri R. W. Khanna, Chief General Manager of EXIM Bank, as its Nominee Director on the Board of the Company.

2013

  • Punjab Chemicals & Crop Protection appointed Shri S. P. Singh, Advisor, Operation Control Group of Export Import Bank of India, as Nominee Director on the Board of the Company.
  • The registered office of the company was shifted to SCO: 183, 15th Floor, Sector - 26, Madhya Marg, Chandigarh - 160019.

2014

  • Punjab Chemicals and Crop Protection appointed Smt Sihdhu Seth as the Additional Director of the Company.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800