Hindustan Agrigencies Limited (HAL) was incorporated on 25.07.90 with
the Registrar of Companies, Delhi & Haryana as a private limited
company with its registered office in New Delhi and converted into a
public limited Company on 19.02.94 and obtained the fresh certificate
of incorporation on 16.05.1994 with the objective of positioning
itself in the sunrise industry of agriculture biotechnology.
The Company commenced implementation of a tissue culture and hybrid
seeds project at Hyderabad with a capital outlay of Rs.106 Iakhs in
1990, with venture capital assistance of Rs.80 lakhs as Term Loan &
Rs.6.5 lacs as equity capital from PCTC. After trial production in
early 1992, commercial production of hybrid seeds was started in
April 1992. At the same time the tissue culture project
implementation and development of mother cultures were in progress.
The tissue culture development work has been completed and trial
exports have been successful. Commercial production of tissue
culture plantlets commenced in August 1994.
The Company has set up a Tissue Culture & Hybrid Seeds Project having
an installed capacity of 3000 TPA of hybrid seeds and 2 million tissue
culture plantlets per annum. The Company has availed working capital
limits of Rs.70 lakhs from State Bank of Hyderabad.
HYBRID SEEDS is a technology driven business. Development of
superior hybrids through R&D is a pre-requisite for success. A
strong extention and field promotion programme is necessary to
transfer the technology from lab to land.
Trial production of seeds started in early 1992 and commercial
production started from April 1992.
Simultaneously research work on seeds was started. Using the
experience and expertise of Company's research staff, it developed
and introduced its own research hybrids in record time. The company
today has proprietory hybrids in 6 crops viz Sunflower, Cotton,
Jowar, Bajra, Fodder Jowar and Tomato. The Company's products (under
the brand name Supergene and Sahakar) are now recognised as quality
seeds and are compared with those of large and established companies
in the industry.
The Company is operating in 9 states, the major markets being
Maharashtra, Karnataka, Punjab, Haryana and Rajasthan. The Company
has a network of dealers in these states. The distribution is
carried out through distributors located in district headquarters or
preferred dealers located in mandi towns. They in turn, distribute
the Company's seeds to retailers who further sell them to the
farmers. The sale of Company's seeds is almost exclusively through
private channels except for supplies made to government departments
or state seed
TISSUE CULTURE is a technology for cloning of plants. Success in
tissue culture business requires access to 'elite clones' and having
commercially viable technology for high multiplication rates. A
glass house is registered for hardening in-vitro plants.
Tissue culture business is of recent origin in India. It involves
exporting ornamental plants to the West. There is also a large
market for horticulture plants like banana, strawberries and forestry
The Company has successfully developed indigenous technology for
producing different varieties of ornamental plants like syngonium,
orchids, chrysanthemum, spathyphylum, etc, and horticulture plants
like strawberry, grapes, and bananas through tissue culture
techniques. These products are presently under test marketing. Trial
have already been exported to parties in Spain, Belgium, Holland and
USA from whom favourable feedback has been received. The commercial
sales of plantlets developed through tissue culture commenced in
MAIN OBJECTS OF THE COMPANY
The main objects of the Company as set out in Memorandum and Articles
of Association of the Company are:
1) To establish and carry on the business as researchers, developers,
traders, dealers, agents, importers, exporters, distributors,
representatives or otherwise in respect of the following products:
a) Know-how, patents and products of biotechnology and genetic
engineering, research and development in the field of agriculture,
tissue culture and its metabolites, aquaculture, sericulture,
pisciculture and marine, animal and other produce covered and
understood by the term agriculture.
b) Products which serve as any type of agricultural input such as
pesticides (biological or chemical or any other type), fertilisers,
nutrients, seeds, feeds, weedicides, fungicides and implements used
for agriculture and agricultural outputs processed or other wise.
2) To establish, maintain, conduct and operate research
establishments, centres for dissemination of knowledge and technical
advisory service for the purposes of agriculture in particular and
biology and other frontiers of science with a view of evaluating,
developing, improving, modifying or discovering new agricultural
There are no companies which are subsidiary to this company and the
promoters have not promoted any other company.