History

_x000D_ Sumitomo Chemical India Limited (SCIL) was incorporated originally on February 15, 2000. SCIL is itself a subsidiary of the Sumitomo Chemical Company Limited, Japan (SCCL). The company is in the business of manufacturing household insecticides, agricultural pesticides, public health insecticides, animal nutrition products, etc._x000D_ _x000D_ The company's shares, covering its entire issued share capital, were listed on the BSE and the NSE on January 27, 2020. During Covid, the company's operations were classified as 'essential' and hence were not much affected by the lockdown._x000D_ _x000D_ In 2022, the company expanded its manufacturing capacity for one of its technical-grade products. It completed the feasibility study for introducing 3 new technical-grade products and took initiatives for expanding production capacity. In 2022-23, the company commissioned an additional 1.8 MW solar power plant for captive consumption._x000D_

Business Segments

_x000D_ The company categorises its domestic offerings in the following segments:_x000D_

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1. Crop Protection - This segment consists of fungicides, miticides, insecticides and herbicides.
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2. Biological crop protection - Biologicals are derived from natural principles such as plants, microorganisms and minerals and are environmentally safe.
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3. Plant Nutrition and Plant Growth Regulators - Plant Growth Regulators (PGRs) are molecules influencing the development of plants and are generally active at very low concentrations.
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4. Fumigants and Rodenticides - These chemicals help in preserving existing food crops, especially from rodents.
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5. Household Pesticides - These consist of chemicals that are helpful in dealing with household pests to protect public health.
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6. Animal Nutrition - The company produces Methionine, which is one of the essential amino acids that cannot be produced in the animal body.
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_x000D_ The company’s international business includes all the above-mentioned chemicals. _x000D_ _x000D_ Subsidiaries_x000D_ _x000D_ The company has one foreign subsidiary named Excel Crop Care (Africa) Limited. It takes care of its operations in Africa._x000D_

Key Personnel

_x000D_ Mr Chetan Shantilal Shah, Managing Director_x000D_ _x000D_ Mr Shah was a promoter of New Chemi Industries Ltd, which was acquired by Sumitomo Chemical Company, Limited, Japan (SCCL) in 2010. Mr Shah then served as Joint Managing Director of SCIPL from 2010 till October 2016 and as the Managing Director of Excel Crop Care Limited from October 2016 till August 2019 before taking up his current position._x000D_

Corporate Actions

_x000D_ The company has not had any major corporate actions in recent years.