The Vanadurgi Agarwood Limited is a shareholding, transparent and democratic organisation. Vanadurgi Group is the main promoter, investor and shareholder in the organisation. NGOs and progressive farmers who promote the crop and act as facilitators between the company and the planters are also stakeholders. Planters are also allotted shares in accordance with the number of trees they plant. The company has designed the structure in such a manner that transparency is maintained at every step of its operation - agarwood cultivation, harvesting, processing and marketing - by keeping its long-term corporate vision in mind.
The company has fruitful collaborations with international institutions and companies for the mutual exchange of agarwood-related ideas and comprehensive technical know-how on a global level. It has an understanding with major international companies to purchase inventories, and precisely for this very same reason, the company has entered into contract farming with planters. Genetically-traced seedlings and the artificial fungal inoculation technology know-how at an affordable price are part of it. Further, the company has entered into collaborative research with Indian forest institutions, horticulture department, agriculture universities etc., for the development of comprehensive cultivation, artificial inoculation and processing technologies.
Directors to board: