- CEO
- Anurag Roy
- Full Time Employees
- 716
- Sector
- Process industries
- Industry
- Chemicals: agricultural
- Address
- Godrej One Mumbai MH India 400079
- IPO Date
- Nov 25, 2009
- Business
- Astec LifeSciences Limited Astec LifeSciences Limited manufactures agrochemical active ingredients including triazole fungicides such as Flutriafol, Prothiaconazole, Metalaxyl, and Cyproconazole; herbicides like Azimsulfuron, Halosulfuron, and Rimsulfuron; insecticides such as Transfluthrin; and growth regulators including Tribenuron methyl, alongside pharmaceutical intermediates, bulk formulations, specialty chemicals, and contract development and manufacturing organization services for global agrochemical innovators. The company, founded in 1994 and headquartered in Mumbai, India, operates approximately nine manufacturing plants in Maharashtra, with a sales mix split between domestic Indian markets and exports to over 17 countries across North America, Europe, West Asia, South-East Asia, Latin America, Africa, and Australia. A subsidiary of Godrej Agrovet Limited, it serves the agricultural chemicals industry through a single Agrochemicals segment, focusing on technical actives, intermediates, and custom manufacturing for crop protection and pharmaceutical applications. Recent developments include the inauguration of an advanced R&D center in Rabale, Maharashtra, in 2023 with a US$1.4 million investment to enhance innovation and CDMO capabilities; board approval in October 2025 for re-appointments of independent directors Nandkumar Dhekne and Anjali Gupte, along with related party transactions exceeding materiality thresholds with holding company Godrej Agrovet Limited for FY2025-26; a rights issue announced in June 2025 to raise up to INR2.50 billion, with details finalized for 28,01,673 shares amounting to Rs 249.35 crores as of November 2025; and a strategic shift toward global CDMO partnerships highlighted at Chemspec Europe 2025, including substantial investments in R&D and manufacturing over the past two years.