Rallis India Ltd
NSE: RALLIS BSE: 500355
₹194.57
-9.03 (4.44%)
Sat, 31 Oct 2026, 09:45 am
Market Cap (in Cr)3785.34
PE Ratio19.21
Dividend1.54
Process Industries
Chemicals: Agricultural
24.5KRallis India Ltd Company History
1948
- Incorporated on August 23 in Calcutta.
- Issued 75,000 preference shares and 92,095 equity shares to Ralli Bros. Ltd.
- Issued 405 equity shares to directors.
- Issued 132,500 equity shares for assets from Ralli Bros. Ltd.
1951
- Offered 65,000 preference and 115,000 equity shares to Indian public at premium Rs 15.
1958
- Acquired Teddington Chemical Factory (P) Ltd.
1961
- Merged Reddington Chemicals.
1971
- Acquired assets of James & Co. effective January 1.
1972
- Amalgamated Tata Fison Industries Ltd effective September 1; allotted shares to shareholders.
- Merged Rallifan Ltd effective August 31, 1966.
1973
- Became subsidiary of Rallis India Ltd.
- Issued 93,000 equity shares to Tata Fison Industries Ltd shareholders.
1976
- Issued 63,600 right equity shares at premium Rs 25; 31 forfeited.
- Issued 114,470 bonus equity shares.
1978
- Merged Ralli Chemicals Ltd effective September 1.
1981
- Amalgamated Whilfens (India) Ltd effective September 1; allotted 18,473 shares.
- Allotted 33,331 shares to financial institutions on loan conversion.
1982
- Acquired 210,286 shares of Protein Products of India Ltd, making it subsidiary.
1983
- Merged Protein Products of India Ltd effective September 1 (effective March 17, 1986).
1985
- Allotted 16,441 equity shares to Protein Products of India Ltd on merger.
1986
- Commissioned two new pesticides plants at Ankleshwar.
- Issued 395,000 13.5% partly convertible debentures.
- Convertible portion converted to equity effective November.
- Cancelled 75,000 6% preference shares; allotted 15% debentures.
1987
- Commissioned bulk drug plant at Ankleshwar.
- Commissioned three new pesticides plants; progressed export-oriented chemical facility.
- Amalgamated Ralli Machines Ltd effective June 1.
1988
- Agrochem division launched four new products.
- Set up toxicological laboratory at Bangalore R&D centre.
1989
- Commissioned facilities for Acephate, Cypermethrin, export fungicides, Captafol expansion, Fenvalerate intermediate.
- Allotted 7,627 equity shares to Ralli Machines Ltd shareholders on merger.
1990
- Agrochem division entered project exports.
- Decided to dispose Engineering undertakings and stakes in Ralli Wolf Ltd and Indian Standard Metal Co Ltd.
1991
- Signed turnkey contract with National Petrochemical Company of Iran.
- Commissioned parenterals facility at Aurangabad; diversified into Ayurvedics.
- Merged Accumax Ltd effective January 1, 1988; allotted 60,800 shares.
- Amalgamated Ahura Consultants & Investments Ltd effective April 1.
- Offered 1,191,337 12.5% partly convertible debentures on rights basis.
- Issued debentures to employees.
1992
- Tata Tea Ltd proposed to acquire up to 24.99% equity.
- Allotted 2,393,096 shares on conversion of partly convertible debentures.
1993
- Proposed entry into real estate development.
1995
- Agrochemicals division introduced input-supply agro products.
- Pharmaceuticals affected by Dextran shortage.
- Fine chemicals production impacted by raw material shortages.
1996
- Pharmaceutical division introduced new products.
- Allotted 35,000,000 preference shares on private placement.
1997
- Introduced three high-margin products.
- Leather chemicals introduced finishing chemicals with UK firm; planned expansion with Dutch firm.
- Signed agreement with Phytopharm Plc for medicinal plant extracts.
- Introduced hybrid seeds with Cargill and Bejo Zaden.
1998
- Forged marketing alliance with Norsk Hydro for speciality fertilisers.
- ICRA assigned A1+ rating to Rs 10 crore commercial paper.
- Entered licensing agreements with Geisltch and Euro Drug.
- Proposed conversion of pesticide unit to polymers production.
- Isolated gene construct for genetically-engineered plants.
- Became second global producer of pendimethylene herbicide.
- Developed 600-acre farm near Nashik with Mitsubishi.
1999
- Developed sericulture venture with international techniques.
- Set up Rallis Farm Management for agri advisory services.
- Signed MoU with Monsanto for rural development initiatives.
- Entered formulation pact with FMC Ltd.
2000
- Appointed Rajeev Dubey as CEO.
- Exited agrochemical JV with FMC Corporation.
- Tied up with Borax Europe to market Solubor.
- Launched rallikisan.com website.
- Signed marketing tie-up with Sanat Products for herbal OTC products in Africa and Sri Lanka.
- Obtained Rs 50 crore term loan from ICICI.
2001
- Appointed Mr. R Gopalakrishnan as Vice-Chairman.
- Sold pharmaceutical business to Shreya Impex for Rs 49 crore.
- Approved mergers of wholly-owned subsidiaries including Ralchem Ltd and Rallis Finance & Investments Co Ltd.
- Initiated early separation scheme for 200 managers.
- Fire at Ankleshwar Plant Unit II injured seven workers.
- Launched website www.rallis.co.in.
- Sold Andheri land to TCS for Rs 133 crore.
2002
- Closed four manufacturing units including Siris India, Ralchem Ankleshwar unit, tanning and agrochemicals units.
- Entered contract farming agreement with State Bank of India.
- Redesignated Mr. Rajeev Dubey as Managing Director effective July 29.
- Received termination notice from Tata Chemicals for urea marketing.
- Shareholders approved amalgamation of five subsidiaries.
2003
- Forged alliance with Kureha Chemical Ltd for Metconazole fungicide plant.
- Approved merger of Siris India Ltd.
- Mr. Rajeev Dubey resigned as Managing Director.
- Appointed Dr. Venkatrao Sohoni as Managing Director effective August 11.
- Offered VRS to staff.
- Mrs. Shirin V. Balsara resigned as Director and Company Secretary.
- Approved sale of Rallis House to TCS for Rs 560 million.
- Lok Prakashan Ltd acquired 5.58% equity stake.
- Shifted registered office to Apeejay House, Churchgate, Mumbai.
2004
- Approved issue of 90,000,000 7.5% Cumulative Redeemable Preference Shares on private placement.
- Sold gelatine business to Sterling Biotech Ltd.
- Entered marketing alliance with DuPont India Pvt Ltd for insecticides.
- Entered marketing alliances with Syngenta, Bayer and DuPont.
2007
- Appointed Mr. Veeramani Shankar as Executive Director.
2008
- Appointed Dr. V S Sohoni as Additional Director.
2009
- Appointed Mr. R. Mukundan as Additional Director.
- Shifted registered office to Nariman Bhavan, Mumbai.
2010
- Inaugurated Metconazole plant at Ankleshwar, Gujarat.
- Acquired majority stake in Metahelix Life Sciences.
- Approved 1:2 bonus issue.
2011
- Crossed Rs 1,000 crore sales for year ended March 31.
- Commenced commercial production at Dahej SEZ facility, Gujarat.
- Split share face value from Rs 10 to Re 1.
2012
- Acquired 22.8% stake in Zero Waste Agro Organics Private Limited.
2013
- Dahej unit awarded by Tata Quality Management Services for New Product Innovation.
- Received National Energy Conservation Award in Chemical sector.
- Won Golden Peacock Award for Eco-Innovation in Chemical Sector.
- Received FICCI Product Innovator of the Year in Agro Sector.
- Recommended final dividend of Rs 1.30 per share.
2014
- Appointed Dr. Punita Kumar-Sinha as Additional Non-Executive Independent Director.
- Recommended final dividend of Rs 1.40 per share.
- Received ICC Certificate of Merit for Best Compliant Company for Process Safety Code.
- Dahej unit received National Safety Award.
2015
- Received India's Most Trusted Brand Award in Best Company category.
- Received CII EXIM prize for Business Excellence.
- Origin product received FICCI Product Innovator of the Year in Agrochemicals Sector.
2016
- Received approval for Rs 200 crore project in Gujarat.
- Increased stake in Zero Waste Agro-Organics Limited to 100%, making it wholly-owned subsidiary.
2019
- Approved merger of wholly-owned subsidiary Metahelix Life Sciences Limited.
2023
- Powered hybrid seed production process with mobile app SeedSure.
2024
- Achieved key Flavocide production milestone.
