Agricare Limited was established in 1968 as a wholly owned international subsidiary of Pfizer Corporation of New York, U.S.A. In 1975 Pfizer Corporation shed off its interest in feed manufacturing. It ceded 25% of its equity holding to some private individuals. The Agricultural Development Bank also acquired 25% of the total shareholding. In 1991, Pfizer Corporation sold off its remaining 50% shares of equity to other private individuals.
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