SHARDA CROPCHEM Share price

The Company was incorporated as Sharda Worldwide Exports Private Limited on March 12 2004 as a private limited company under the Companies Act 1956. The Company changed its name to Sharda Cropchem Private Limited pursuant to the resolution passed by the Shareholders on September 6 2013 and a fresh certificate of incorporation was issued by the RoC on September 18 2013. Thereafter the Company was converted into a public limited company on September 18 2013 pursuant to the resolution passed by the Shareholders on September 6 2013 and consequently the name of the Company was changed to Sharda Cropchem Limited. A fresh certificate of incorporation pursuant to the change of name was issued by the RoC on September 18 2013.The Promoters Sharda R. Bubna and Ramprakash V. Bubna commenced operations in dealing with dyes and dyes intermediates through their sole proprietorship concerns namely M/s. Sharda International in 1987 and M/s. Bubna Enterprises in 1989 respectively (together the 'Sole Proprietary Concerns'). The Company pursuant to a resolution passed by the Board of Directors on April 6 2004 approved the transfer of the entire business of the Sole Proprietary Concerns to the Company. The businesses of the Sole Proprietary Concerns consisting of manufacture and export of dyes dye intermediates pesticides agrochemicals and V-Belts were transferred to the Company with effect from April 1 2004 on an as is and where is basis pursuant to the memorandum of understanding between the Company and M/s. Bubna Enterprises dated June 2 2004 and the memorandum of understanding between the Company and M/s. Sharda International dated June 2 2004.Major events of the Company2004 The Company was incorporated as a private limited company The Company acquired the businesses of the sole proprietary concerns M/s. Sharda International and M/s. Bubna Enterprises 2006 We commenced obtaining registrations in the United States 2008 HEP subscribed to 1718459 Equity Shares for an aggregate consideration of Rs.600 million on March 14 2008 and 1145640 Equity Shares for an aggregate consideration of Rs.400 million on May 27 2008. 2011 The Company acquired 76% shareholding in Axis Crop Science Private Limited 2012 The subsidiary Sharda International FZE was merged with the Company 2013 The Company changed its name from Sharda Worldwide Exports Private Limited to Sharda Cropchem Private Limited and thereafter to Sharda Cropchem Limited upon conversion to a public limited company