| 1st November 2016 05:34 PM | |
| shikha | Re: State Shareholding IFFCO Indian Farmers Fertiliser Cooperative Limited (IFFCO) is the world's largest fertilizer manufacturer & marketer in cooperative sector. It was incorporated on 3rd November, 1967 IFFCO holds 72.64% shareholding and its Associate M/s Indian Potash Ltd. holds 1.36% shareholding in IFFCO-Tokio General Insurance. TOKIO Marine Asia Pte. Ltd holds 26% shareholding in IFFCO Tokio General Insurance. TOKIO Marine Asia is a subsidiary company of Millea Holding Inc Japan; a holding company for Tokio Marine & Nichido Fire (TMNF) Insurance Company. The company is rated 'AA' (indicating strong financial security characteristics) by international rating agency Standard & Poor's. Their organisation oversees 16 regional companies in 10 countries, which employ over 5,000 people across the region. This includes 10 General Insurance companies, 5 Life Insurance companies and 1 Reinsurance Takaful company. The initial equity capital of Rs.6 lakh contributed by cooperatives in 1967-68 has also risen to Rs. 4.26 Million in 2010-11. Having the Largest Market share of Fertilizer Production in India with 30% in Complex Fertilizers and 21% in Urea it has also become the First Cooperative in India to set-up first ever Kisan SEZ (Special Economic Zone) at Nellore, Andhra Pradesh. Contact- Corporate Office IFFCO Tower , Plot No. 3 , Sector 29 , Gurgaon -122001 Haryana(India) |
| 1st November 2016 05:17 PM | |
| Unregistered | State Shareholding IFFCO I want to know the state shareholding of IFFCO Tokio General Insurance Company so will you please tell me? |
