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MPAGI
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About M P Agro Industries
Incorporated in Dec.'75, M P Agro Industries (formerly M P Agro Fertilisers) commenced business from Jul.'76. The company was originally promoted by the M P State Agro Industries Development Corporation, Bhopal, and Dharamsi Morarji Chemicals.
In Oct.'91, it was taken over by Liberty Fertilisers, a group company of the Dhamani group, which also has Sayaji Hotels as a group company. It is presently managed by chairman Abdul Razak D Dhamani.
In Jun.'93, the company came out with a rights issue (5:1) of 23.4 lac equity shares at par aggregating Rs 2.34 cr to finance the cost of additional machinery and building and to meet long-term working capital requirements. It produces NPK granulated mixtures in the fertiliser sector.
In 1999-2000, the company issued 30 lakhs equity shares of Rs 10/- each on private placement basis to promoters and their associates for additional working capital requirement.
Parent Organisation
Dhamani
Managing Director
Shamim Sheikh
Founded
1975
NSE Symbol
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10th July, 2024
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1. Direct investment: You can buy M P Agro Industries Ltd (M P Agro Industries Ltd) shares by opening a Demat account with Angel One.
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