coromandel international

India has designated 14 new seaports as Immigration Check Posts for e-visa holders, expanding its immigration network to 114 total check posts. While e-visas are now available at select Gujarat and Tamil Nadu ports, major hubs like Nhava Sheva, Chennai, and Kolkata still require traditional visas for entry.

coromandel international has boosted its shareholding in Senegal-based BMCC to 53.8% by acquiring an additional 8.82% equity stake. The investment involves USD 3.84 million and a loan of USD 6.5 million for expansion and working capital requirements. This strategic acquisition aims to ensure long-term supply security for phosphate fertilizer production, with the Senegal rock being blended at Coromandel's Visakhapatnam unit.

Dare Ventures, the VC arm of coromandel international, in its third investment this year, has invested an undisclosed investment in drone startup Dhaksha Unmanned Systems.

As a part of its CSR, crop protection major coromandel international Limited (CIL) on Tuesday said it will contribute Rs 65 lakh to refurbis the pediatric department of Kakinada Government Hospital.

Crop protection solutions provider coromandel international Ltd’s venture capital arm Dare Ventures has invested in Bengaluru-based biotech startup String Bio as part of the $20 million first close of the Series-B fundraise.

coromandel international's Q3FY24 consolidated net profit fell 57% to Rs 228 crore due to a 34% decrease in total income to Rs 5523 crore. The agri inputs industry faced challenges like below-normal monsoons and lower crop sowings, leading to a 17% decline in phosphatic industry sales volumes.

Fertilizers major coromandel international, part of Murugappa Group, is buying the entire promoters' stake in Sabero Organics Gujarat, a maker of insecticides and herbicides.

coromandel international has commissioned a new sulphuric acid plant at its fertiliser complex in Visakhapatnam. The new plant will have a capacity of 1,650 metric tonnes per day and will boost the company's sulphuric acid capacity to 1.1 million tonnes per annum. The plant will support the company's downstream processes for phosphoric acid and phosphatic fertilizer production.

coromandel international, through its CSR initiative, has inaugurated a multipurpose community hall in Pilkavanipalem, benefiting over 420 families by providing a space for gatherings and celebrations. Additionally, a reverse osmosis drinking water plant was launched, serving 600 families across three villages with clean water. A community open gym was also inaugurated, promoting health and fitness for over 100 residents daily.

Rachakonda police on Friday arrested three offenders who stole Rs 91 lakh worth of pesticides belonging to coromandel international. Police recovered the stolen property from their possession. The company stores its stock at a godown on the city outskirts under the Adibhatla police station limits. The main accused is an employee of Coromandel.

Dare Ventures, the venture capital arm of coromandel international, have invested an undisclosed sum in Bengaluru-based biotech startup String Bio alongside Woodside Energy Group and existing investors Ankur Capital, Redstart and Zenfold Ventures.