Aries Agro Ltd - ARIES AGRO Share Price

Summary

The Company was originally incorporated as Aries Agro-Vet Industries Private Limited on 27th November 1969. It was converted into Public Limited Company as Aries Agro-Vet Industries Limited on 30th December 1994. The company name was subsequently changed to Aries Agro Limited on 27th October 2006. Dr. T.B. Mirchandani and Mrs. Bala Mirchandani, was founded the company in the year 1969. The Company is headquartered in Mumbai. Agromin (Chelated Micronutrients) and Chelamin (Chelated Zinc) are the companys flagship brands.In 1969, the Company started off with a small range of mineral feed additives for animals & birds. The products attracted good margins. The company products were immediately accepted by the consumers and slowly it became the brand leader in the field of mineral nutrition with a range of products including mineral premixes, milk boosters, protein concentrates, vitamin premixes, anti-coccidian and anti-bacterial feed additives. In 1975, Aries diversified into nutrients feeds for plant, considering the fact that in India, the animal and agricultural farmer is one and the same individual. The company has in-house expertise in the area of mineral nutrition and thereby decided to concentrate on the same. The research zeroed in on Metal Chelates. The product had to be manufactured in accordance with the locally available ingredients and expertise that posed a challenge for the company. Thus further R&D had to be conducted in this arena that solved the problem and... Read More