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Company Information

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CONTINENTAL SEEDS AND CHEMICALS LTD.

15 January 2025 | 03:42

Industry >> Seeds/Tissue Culture/Bio Technology

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ISIN No INE340Z01019 BSE Code / NSE Code / Book Value (Rs.) 12.44 Face Value 10.00
Bookclosure 30/09/2024 52Week High 70 EPS 0.61 P/E 42.89
Market Cap. 28.55 Cr. 52Week Low 18 P/BV / Div Yield (%) 2.09 / 0.00 Market Lot 3,333.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The company was originally incorporated at New Delhi as "Terai Beej Private Limited" on 22nd June, 1983 under the provisions of the Companies Act, 1956 vide Certificate of Incorporation issued by the Registrar of Companies, Delhi & Haryana. Consequent, upon the conversion of the company into public limited company, the name of the company was changed to"Terai Beej Limited" and fresh certificate of incorporation dated 7th May, 1986 was issued by the Asstt. Registrar of Companies, Delhi & Haryana. Subsequently, the name of the Company was changed to "Continental Seeds and Chemicals Limited" vide Fresh Certificate of Incorporation dated 8th May, 1986 issued by Addl. Registrar of Companies, Delhi & Haryana.

In the year 1983, Capt. Vijay Neil Kumar and Mr. Abhey Yograj laid the foundation of the company as a private limited Company in the name of M/s Terai Beej Private Limited and in December, 2011, Our Present Promoter i.e. Mr. Praveen Rastogi took the control of the company from erstwhile promoters.

The company is engaged in the business of developing, processing, grading and supplying of all kind of agricultural foundation and certified seeds and trading of Mentha Oil. the company is engaged in the whole process of processing in varieties of seeds, foundation seed and processing of the same into certified seeds. Seed processing is a vital part of the seed production needed to move the improved genetic materials of the plant breeder into commercial channels for feeding the rapidly expanding world population. The farmer must get the quality seed that is free from all undesired materials because farmer's entire crop depends on it.

Seed can seldom be planted in the condition in which it comes from the growers. In fact, many seed lots contain weed or crop seed or inert material that make them unfit for sale without processing. Crop seed also frequently have stems, awns, clusters or other structures, which prevent from flowing through the drill freely.

The company also obtains seed certification certificate from Uttarakhand State Seed and Organic Production Certification Agency from time to time for our products.

The company is having two units at:

i) Ram Raj Road, Bazpur, Distt. Udhamsingh Nagar, Uttrakhand -262401; and

ii) Village- Rahiya, Opp. Roadways work shop on Kanpur Orai Highway, Orai, Distt. Jallaun, U.P.

The company is registered with Uttrakhand Seeds certification agency and having total production capacity of company is 7080 MT per annum at plant situated at Ram Raj Road, Bazpur, Distt. Udhamsingh Nagar, Uttrakhand - 262401 at which the company currently carry processing of seeds.

With dedicated team of researchers, the company is conscious of the changing needs of farmers and consumers to design and develop productive hybrids that excel in market and fetch rewarding returns. The focus centers round combined use of conventional breeding and biotechnology to shift the yield frontier and stabilize it through incorporation of genetic resistance to biotic and abiotic stresses. Encountering the challenges faced by the farmers is the business motto for our research innovation.

MAJOR EVENTS AND MILESTONES:

1983

- Incorporation of the Company in the name of "Terai Beej Private Limited".

1986

- Conversion of the Company into Public Limited Company and consequent change of name to `Terai Beej Limited'.

- Change of Name of the Company to `Continental Seeds and Chemicals Limited'.

2012

- Takeover of Company by current promoter from erstwhile promoters.

2020

-The Company has issued Bonus Shares in the Ratio of 1:1.5.