ARIES AGRO Share price

Our Company was originally incorporated as Aries Agro-Vet Industries Private Limited on 27th November 1969 under theCompanies Act 1956. It was converted into Public Limited Company as Aries Agro-Vet Industries Limited on 30th December 1994The name was subsequently changed to Aries Agro Limited on27th October 2006. Originally the Registered office of our Company was located at 3-Agadhi Industrial Estate Marol Andheri (East)Mumbai 400 059 and was shifted to Aries House Plot No.24Deonar Govandi (East) Mumbai 400 043 with effect from 23rd March 1995Our Company was founded by Dr. T.B. Mirchandani and Mrs Bala Mirchandani in the year 1969. The Company is headquarteredin Mumbai. Agromin (Chelated Micronutrients) and Chelamin(Chelated Zinc) are the company?s flagship brands.In 1969 the Company started off with a small range of mineral feedadditives for animals & birds. The products attracted good margins.Our products were immediately accepted by the consumers and slowly itbecame the brand leader in the field of mineral nutrition with a range of products including mineral premixesmilk boosters proteinconcentrates vitamin premixes anti-coccidian and anti-bacterialfeed additives.In 1975 Aries diversified into nutrients feeds for plantconsidering the fact that in India the animal and agricultural farmerare one and the same individual. We had in-house expertise in thearea of mineral nutrition and thereby decided to concentrate on thesame.We conducted research on compounds that could deliver mineralnutrients to plants more efficiently. The research zeroed in on Metal Chelates. The product had to be manufactured in accordance withthe locally available ingredients and expertise which posed achallenge for us. Thus further R&D had to be conducted in this arena which solved the problem and Aries branched out into Agrochemicals in 1975 with the introduction of Chelated Micronutrients. We also conductedin-house R&D to develop bactericides for agriculture. Plantomycin was one of the first bactericide to be licensed for agricultural use by the Govt.of India. This was then followed by the introduction of plant hormones.In 2001 we expanded our product line to include secondary nutrients sulphur magnesium and calcium. In 2002 Aries continued expanding its plant nutrition product line to include value-added water solublecomplexes of nitrogen (N) phosphorous (P) and potassium (K).Our Corporate Goal is to create value for farmers and stakeholders.As of now we have 4 manufacturing plants at Mumbai Hyderabad Bangalore and Kolkata with installedcapacity of 10800 tpa 5400 tpa 3750 tpa and 1650 tpa respectively with total installed capacity being at 21600 tpa.