Coromandel International Mourns the Loss of Chairman Emeritus A Vellayan

1 min read     Updated on 17 Nov 2025, 08:54 PM
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Reviewed by
Riya DeyScanX News Team
Overview

Coromandel International Limited announced the passing of Shri A Vellayan, the company's Chairman Emeritus and former Chairman of the Murugappa Group. Vellayan played a crucial role in transforming the Murugappa Group into a respected Indian conglomerate. His leadership, characterized by vision, discipline, and commitment, was instrumental in expanding and strengthening the Group. The company expressed deep sorrow at his demise, highlighting his significant contributions to the Group's success.

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*this image is generated using AI for illustrative purposes only.

Coromandel International Limited , a prominent player in the Indian agricultural sector, has announced the passing of Shri A Vellayan, the company's Chairman Emeritus and former Chairman of the Murugappa Group. The news was confirmed in a formal communication to the National Stock Exchange of India and BSE Limited on November 17, 2025.

A Legacy of Leadership

Shri A Vellayan's tenure with the Murugappa Group spanned several decades, during which he provided strategic leadership across its diverse business portfolio. His contributions were instrumental in transforming the Group into one of India's most respected conglomerates.

Key Contributions

Aspect Description
Role Chairman Emeritus, Coromandel International Limited
Previous Position Chairman, Murugappa Group
Impact Played a key role in expanding and strengthening the Group
Leadership Qualities Vision, discipline, and commitment
Legacy Remembered for strategic direction and leadership

Company's Statement

In its official communication, Coromandel International expressed deep sorrow at Vellayan's demise. The company highlighted his significant role in shaping the Group's success, stating, "His vision, discipline and commitment played a key role in strengthening and expanding the Group into one of India's most respected conglomerates."

Looking Ahead

While the loss of such a pivotal figure is undoubtedly a setback for Coromandel International and the broader Murugappa Group, the strong foundation laid by Shri A Vellayan is expected to guide the company's future endeavors. His strategic vision and leadership principles are likely to continue influencing the company's direction in the years to come.

The passing of Shri A Vellayan marks the end of an era for Coromandel International and the Murugappa Group. His legacy of strategic leadership and commitment to excellence will undoubtedly be remembered and honored as the company moves forward.

Historical Stock Returns for Coromandel International

1 Day5 Days1 Month6 Months1 Year5 Years
+0.44%+2.14%+3.07%-11.22%+28.55%+180.21%
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Coromandel International Inks ₹2,000 Crore MoU with Andhra Pradesh Government

1 min read     Updated on 14 Nov 2025, 09:10 AM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Coromandel International Limited has signed a non-binding Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) on November 13, 2025. The agreement outlines a proposed investment of up to ₹2,000 crore in various initiatives aligned with the company's business objectives and the state's industrial development. The MoU aims to facilitate project execution in a time-bound manner, subject to necessary approvals and compliance with government policies.

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*this image is generated using AI for illustrative purposes only.

Coromandel International Limited , a leading agri-solutions provider, has taken a significant step towards expanding its presence in Andhra Pradesh. The company recently signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB), outlining a proposed investment of up to ₹2,000 crore in the state.

Key Details of the MoU

Aspect Details
Agreement Type Non-binding Memorandum of Understanding
Signing Date November 13, 2025
Investment Amount Up to ₹2,000 crore
Partner Andhra Pradesh Economic Development Board (APEDB)
Purpose Various initiatives aligned with company's business objectives and state's industrial development

Implications and Objectives

The MoU serves as a framework to facilitate the execution of various projects in a time-bound manner. These initiatives are expected to contribute significantly to the industrial development of Andhra Pradesh while aligning with Coromandel International's business objectives.

Regulatory Compliance

Coromandel International has disclosed this development to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Looking Ahead

While the MoU is non-binding at this stage, it represents a substantial commitment from Coromandel International towards investment in Andhra Pradesh. The proposed projects are subject to necessary approvals and will be executed in accordance with the prevailing policies, rules, and regulations of the Government of Andhra Pradesh.

This strategic move by Coromandel International could potentially strengthen its footprint in Andhra Pradesh and contribute to the state's economic growth. Stakeholders will be keenly watching how this MoU translates into concrete projects and what impact it may have on the company's future performance and the state's industrial landscape.

Historical Stock Returns for Coromandel International

1 Day5 Days1 Month6 Months1 Year5 Years
+0.44%+2.14%+3.07%-11.22%+28.55%+180.21%
Coromandel International
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