Bayer CropScience Share Price Live

Bayer CropScience Limited is the flagship company of Bayer Group. It is involved in the Agri Care business, which includes manufacturing, selling, and distributing of insecticides, fungicides, herbicides, other agrochemical products, and corn seeds. In 1896, the group established the first wholly owned subsidiary in Asia, “Farbenfabriken Bayer and Co. Ltd.” in Mumbai. In 1904, the group delegated its own commercial and technical personnel to expand the business in India. The company established the first facility to formulate Bayer pesticides in Bombay at a small plant acquired by Bayer’s partner in 1958. The company was listed on exchanges in India in 1965. It continued its business expansion and commenced operations of a major production unit in Thane in 1969. In 1990, it established a production unit at Vapi (earlier called Mitsu by the Bilakhia Group) for manufacturing intermediates and agrochemicals, today known as Bayer Vapi. The company strengthened its operations and developed an agrochemical manufacturing site at Silvassa, in the Union Territory of Dadra & Nagar Haveli and Daman & Diu in Western India in 1996. In 2001, it acquired Aventis CropScience and continued its inorganic growth. In 2011, a 50:50 joint venture was established between Bayer HealthCare and Zydus Cadilla in India. The company started a new Global Formulation Technology Laboratory in 2015 at its manufacturing site in Vapi, Gujarat. During the same year, Bayer House, Vapi, the administration building, received LEED certification. During the subsequent year (2016), Bayer established a corn breeding centre in Udaipur, Rajasthan. In 2018, Bayer closed the Monsanto acquisition and concluded the process to sell Covestro. In 2021, the company launched its Consumer Health division in India and finished 125 years in India.

Business Segments

• Crop Protection: Under this segment, the company provides various innovative chemical and biological pest management solutions. Bayer also provides extensive customer service for modern and sustainable agriculture. It is focused on insecticides, fungicides, herbicides, and seed growth.
• Seeds & Traits: The company develops seeds and traits that provide farmers with new solutions through traditional and advanced breeding techniques and biotechnology research.
• Digital Farming: Under this segment, the company provides a modern farming method that uses technology to improve crop yield and efficiency while reducing waste and environmental impact.

Subsidiaries As of March 31, 2023, the company did not report any subsidiary.

Key Personnel

Mr Duraiswami Narain, Vice Chairman & Managing Director and CEO Mr Duraiswami Narain holds the position of the President of South Asia and Global Head of Smallholder Farming for Bayer. He oversees the company’s life science business operations across India, Bangladesh, Sri Lanka, and Pakistan, and as Global Head of Smallholder Farming. He has experience of over 30+ years in the agriculture industry. Previously, he worked with ITC’s Agribusiness unit in its early years of inception in India.

Corporate Actions

The company has no history of bonus issues, stock splits, or other corporate actions.