June 23, 2017 6:26 PM ET

Commercial Services and Supplies

Company Overview of National Agricultural Cooperative Marketing Fedration Of India Ltd.

Company Overview

National Agricultural Cooperative Marketing Fedration Of India Ltd. provides assistance to farmers by procuring, storing, and marketing their produce, such as foodgrains, pulses, oilseeds, spices, cotton, tribal produce, and jute and jute products to enable them fetch best possible prices. The company was founded in 1958 and is based in New Delhi, India.

NAFED House

Siddhartha Enclave

Ring Road

Ashram Chowk

New Delhi,  110014

India

Founded in 1958

Phone:

91 11 2634 0019

Fax:

91 11 2634 0261

Key Executives for National Agricultural Cooperative Marketing Fedration Of India Ltd.

Managing Director and Director
Compensation as of Fiscal Year 2016.

National Agricultural Cooperative Marketing Fedration Of India Ltd. Key Developments

National Agricultural Cooperative Marketing Federation of India Announces Unaudited Earnings Results for fiscal 2017

National Agricultural Cooperative Marketing Federation of India announced unaudited earnings results for 2016-17. The company reported an operational profit of more than INR 1,060 million in 2016-17. The turnaround was mainly because of more than a million tonne of purchases of pulses and oilseeds carried out on behalf of the Centre which paid it at cost plus 2% margin. Nafed reported a turnover of INR 57,710 million in the last fiscal against a turnover of INR 3,960 million reported in 2016.

National Agricultural Cooperative Marketing Federation of India Ltd Appoints Sanjeev Kumar Chadha as the Managing Director

National Agricultural Cooperative Marketing Federation of India Ltd. appointed Sanjeev Kumar Chadha as the Managing Director in the under the Department of Agriculture, Cooperation and Farmers Welfare, Ministry of Agriculture and Farmers Welfare. Chadha was earlier posted as Director in the Department of Defence. His posting is vice Ram Subhag Singh, IAS.

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