Zuari Industries Ltd
NSE: ZUARIIND BSE: 500780
₹263.20
(5.17%)
Tue, 03 Mar 2026, 11:59 am
Market Cap7.82B
PE Ratio6.63
Dividend0.38
Process Industries
Agricultural Commodities/Milling
24.5KCompany History
1967
- The company was incorporated on 12th May.
- The company was promoted by Birla Gwalior (P) Ltd. and Armour & Co., Chicago, U.S.A.
- The company started manufacturing fertilisers and allied products.
1968
- A fresh collaboration agreement was signed with the United States Steel Corporation on 1st November.
1977
- 160 No. of equity shares were subscribed for by the signatories to the Memorandum of Association.
- 55,57,340 No. of equity shares were subscribed for in cash by the institutional promoters of the company.
1984
- A letter of intent was received to set up a fertiliser complex at Sawai Madhopur, Rajasthan.
- The company promoted a new company under the name and style of Aravali Fertilisers Ltd.
1985
- Aravali Fertilisers Ltd. was incorporated on 7th May.
- The Certificate of Commencement of Business was obtained on 18th July.
- The rate of Pref. dividend was raised to 15% effective from 11.7.1985 and redemption date extended to 10.7.1992/95.
- 10,310 Pref. shares belonging to dissenting shareholders were redeemed.
1986
- The company issued 5,00,000 - 15% redeemable non-convertible debentures of Rs 100 each on private placement basis to Army Group Insurance Fund.
1989
- The company issued 7,00,000 - 14% secured redeemable non-convertible debentures of Rs 100 each on private placement basis.
- Application for financial assistance for the cement project was submitted to IDBI.
1990
- A new company in the name of Banas Cement Ltd. was incorporated to implement the project.
- The CFCL ceased to be a subsidiary of the company due to increase in the paid-up capital of CFCL.
- The company made an application to set up a sugar factory in Karnataka.
- James Chemical Engineering was appointed to make a study of the existing plant and suggest ways and means of achieving an increase of 10% in the capacity.
1992
- The company proposed to set up an argon recovery and purification plant within the existing complex at Goa.
- Clearance was received from the State Government for setting up a sugar factory in Karnataka.
1993
- The company launched sale of potash for direct application to farmers.
- The company launched Biophos, an environment friendly product to enhance phosphorus use efficiency.
- The company launched high quality seeds of various crops in the brand name Jaikisaan.
- The company entered into an agreement with Texmaco Ltd for running and operating their Cement unit at Yerraguntla, Andhra Pradesh.
1994
- The company formed a wholly owned subsidiary in the name of Zuari Leasing & Finance Corporation Ltd.
- The company set up a joint venture in the name of Zuari Seeds Ltd. for production and marketing of hybrid seeds.
- 7,00,000 shares were allotted on private placement basis.
1995
- The company commenced marketing of single super phosphate under the brand name Jai Kisaan Superphos.
- The company launched Bioneem, an eco friendly neem based pesticide.
- Two hybrid seeds of sunflower were developed with Institute of Field and Vegetable cups and KOP Investments.
- The argon recovering plant was commissioned on 9th May.
1996
- The capacity utilisation of Ammonia, Urea, NPX and DAP plants was maintained at higher levels.
- The company undertook to remove pneumatic instruments and replace them with microprocessor based control systems.
- The company expanded the existing di ammonium phosphate plant from 500 to 1100 tpa.
- The company expanded its NPK plant to increase the capacity from 500 to 1100 tpa.
- Approval was received for amalgamation of Indian Furniture Products Ltd. with the company.
- Pref. shares were redeemed.
- Authorised equity capital was increased.
1997
- The company decided to set up additional captive power capacity and placed an order with M/s. Wartsila NSD, Finland for supply and erection of 6 MW DG set.
- 131,15,210 rights shares were issued in proportion 1:1.
- 31,98,368 shares were issued to erstwhile Indian Furniture Products Ltd. on its amalgamation with the company.
1998
- The name of the company was changed to Zuari Industries Ltd. from Zuari Agro Chemicals Ltd.
- Zuari Leasing and Finance Corporation, a subsidiary of Zuari Industries, disclosed that it had paid Rs.15.69 lakh as tax to the Income-Tax Department under the Voluntary Disclosure of Income Scheme.
- The company's operations were affected due to a strike by contract labourers in the fertiliser division at Goa.
- Gautier India Ltd launched an exclusive range of entertainment furniture in India.
1999
- Zuari Industries tied up with Groupe Seribo of France to forge a 50:50 joint venture for marketing state-of-the-art furniture products.
- The company undertook further expansion of complex fertiliser capacities.
- The company installed captive power generation facilities.
- Gautier India Ltd launched an exclusive range of entertainment furniture in India.
2000
- The Italcementi Group and Zuari Industries Ltd reached an agreement to create a 50:50 joint venture company for the cement activities of ZIL.
- The company proposed to enter into a joint venture agreement with Ciments Francais and Italcementi Group company for the cement business.
- The company signed an agreement with Italcementi Spa, Italy for carrying on the cement business as a joint venture.
- Indian Furniture Products launched its Zuari furniture range in Bangalore.
2001
- The cement division of Zuari Industries was hived off into a separate company called Zuari Cement Ltd.
- The company signed an MoU for acquiring 76 per cent stake in Greentech Seeds International Pvt. Ltd.
- The company acquired a majority stake in GreenTech Seeds International Pvt Ltd.
2002
- Zuari Maroc Phosphates became a subsidiary of Zuari Industries.
- Paradeep Phosphates became a subsidiary of Zuari Industries.
- AF Ferguson & Co withdrew as auditor for Zuari Industries Ltd.
2003
- The board approved the issue of Cumulative Redeemable Preference Shares aggregating to Rs 1000 million.
- The Zuari Cement unit near Yerraguntla in Cudappah district was closed down by the management due to labour unrest.
2007
- Zuari Industries Ltd entered into a Joint Venture Agreement with Israel Chemicals Ltd for establishment of a water soluble NPK Fertiliser Plant.
- Mr. J N Godbole was appointed as an Additional Director of the company.
2009
- The company entered into a Gas Transmission Agreement with GAIL (India) Ltd for transportation of gas to the company's plant at Zuarinagar, Goa.
- Mrs. Jyotsna Poddar was appointed as Additional Director of the company.
- Air Chief Marshal (Retd.) Mr. S P Tyagi was appointed as Additional Director of the company.
2010
- Zuari Industries acquired 100 shares of Globex Ltd.
- Zuari Industries acquired 50,000 shares of Zuari Fertilisers and Chemicals Ltd.
- Mr. H. S. Bawa was appointed as the Executive Vice Chairman of the company.
2011
- Zuari Industries acquired 20,00,000 shares of Zuari Holdings Ltd.
- The company invested in a joint venture company in Singapore.
2012
- The company name was changed from Zuari Industries Limited to Zuari Global Limited.
- Mrs. Jyostna Poddar was appointed as Whole-Time Director of the company.
2013
- Zuari Global recommended a dividend of 20% i.e. Rs. 2.00 per share.
2014
- Soundaryaa IFPL Interiors Limited became a subsidiary of Zuari Global Limited.
- Zuari Global recommended a dividend of 10% i.e. Rs. 1.00 per share.
2015
- Zuari Financial Services Limited became a wholly owned subsidiary of Zuari Global Ltd.
2019
- The company acquired around 48.98% shares of Forte Furniture Products India Private Limited from Indian Furniture Products Limited, a subsidiary of the company.
2022
- The company name was changed to Zuari Industries Ltd. from Zuari Global Ltd.
Open Your Free Demat Account Now!
Facebook
Twitter
Instagram
LinkedIn
Youtube
Calculators
Popular Calculators
Group Stocks
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