Chambal Fertilisers and Chemicals Ltd is one of the largest private sector fertilizer producers in India. The company is the manufacturer of Urea in private sector in India. They are also into the trading of fertilisers and other agri inputs. They also manufactures Synthetic and Cotton Yarn. The company operates in four segments, namely Own Manufactured Fertilizers, Trading, Textile and Shipping. Own Manufactured Fertilizers segment includes manufacture and marketing of urea. Trading segment includes the purchase and sale of Fertilizers and Agricultural Inputs. Textile segment includes manufacturing and sale of synthetic and cotton yarn. Shipping segment includes transportation of crude oil and liquid products through vessels owned and/ or hired by the Shipping Division. Shipping Division of the Company is engaged in the business of running of ships for cargo. The company has a joint venture in Morocco for manufacturing phosphoric acid. Chambal Fertilisers and Chemicals Ltd was incorporated in the year 1985 and was promoted by Zuari Agro Chemicals. The company set up urea and ammonia plant at Gadepan in Rajasthan. They started commercial production in the year 1994. In the year 1997, the company entered into a joint venture with Ofiice Cherifien Des Phosphates, a Moroccan Government company and Indo Maroc Phosphore SA. They started merchant grade phosphoric acid unit in Morocco with the capacity of 330000 tonnes per annum in the year 1999. In the year 1998, the company promoted India Software group, a software division which makes inroads into the software business. In the year 1999, the company acquiref ITC Classic Home Finance Ltd and renamed as Birla Home Finance Ltd. Also, they incorporated Chambal Agritech Ltd as a joint venture with Technico Pty Ltd, Australia to produce high quality potato seed Technituber in India. The company has the facility at Himachal Pradesh which is one of the largest Technituber producer in the world. In the year 2000, Birla Home Finance Ltd took on BHW Holding AG of Germany, as 50:50 joint venture partner. In the year 2001, the company acquired majority stake in Novasoft Information Corporation of New Jersey to integrate and broaden their IT service business. In the year 2003, the company acquired 51% stake in Techino Pty of Australia through a special purpose vehicle namely Chambal Biotech Pvt Ltd, incorporated in Singapore. In May 2004, the company transferred their entire shareholding in Chambal Agritech Ltd to Technico Pty. As a result, Chambal Agritech Ltd became a wholly owned subsidiary of Technico Pty Ltd. During the year 2004-05, India Steamship, which had five Aframax Tankers with a combined capacity of over 5 lakh DWT was amalgamated with the company and also Shipping Investment was demerged form the Zuari Investment Ltd. Also, the company sold their 50% stake in Birla Home Finance Ltd to BHW Holdings AG, Germany in November 2004 for the total consideration of Rs 110 crore. The company incorporated ISG Novasoft Technologies Ltd as a wholly owned subsidiary. The company hived off India Software Group into ISG Novasoft with effect from April 1, 2005 as a part of their plan to consolidate their software business into ISG Novasoft. During the year 2006-07, CFCL Overseas was incorporated as a Special Purpose Vehicle for consolidation of their software business. During the year 2007-08, Chambal Infrastructure Ventures Ltd, a wholly owned subsidiary incorporated two wholly owned subsidiaries namely Chambal Energy (Chhattisgarh) Ltd and Chambal Energy (Orissa) Ltd for taking up power projects in the states of Chhattisgarh and Orissa respectively. In August 2007, Chambal Biotech Pvt Ltd sold their entire holding in Technico Pty Ltd, Australia to Russell Credit Ltd. The company sold their Food Processing Division to Temptation Foods Ltd with effect from November 7, 2007. In April 25, 2008, the company took delivery of a new Aframax Tanker namely M T Ratna Shruti from Hyundai Heavy Industries Co Ltd, South Korea. Also, in June 9, 2008, they took the delivery of another Aframax Tanker namely M T Ratna Shradha. During the year 2008-09, the company completed the partial de-bottlenecking of both its fertiliser plants situated at Gadepan. The implementation at Gadepan - I plant was completed in March 2009 and at Gadepan- II plant in April 2009. The company divested one third of their 50% holding in Zuari Investments Ltd to Zuari Industries Ltd in March 2009. After this transaction, Zuari Investments Ltd became a subsidiary of Zuari Industries Ltd. During the year 2009-10, the company added one new ship. With this addition, they has a total fl eet of 6 Aframax tankers. The company divested their entire holding in Zuari Investments Ltd. Accordingly, Zuari Investments Ltd ceased to be an associate company. In April 1, 2011, the company incorporated India Steamship Ltd as a subsidiary company. The company proposes to set up Single Super Phosphate (SSP) Plant at Dahej, District Bharuch, Gujarat, with an annual capacity of 5 lakh MT, at a project cost of approximately Rs 122 crore. In addition to this, the Company is also setting up a SSP Plant at their existing factory premises at Gadepan, Rajasthan with an annual capacity of 2,00,000 MT at a project cost of approximately Rs 32.50 crore.