
ESOP3 Aug 2026, 02:24 pm
Dhanuka Agritech Approves ₹15 Cr Loan for Employee Stock Plan
AI Summary
Dhanuka Agritech Ltd's Board of Directors has approved granting a loan of up to ₹15 Crore to the proposed Dhanuka Employee Stock Benefits Trust. This fund will be used for the implementation of the Dhanuka Stock Appreciation Rights Plan, 2026 (SAR 2026). The loan will be disbursed in one or more tranches and is intended for the acquisition of equity shares from the open market and administration of the SAR 2026 plan, in compliance with SEBI regulations. The board meeting also reviewed un-audited financial results for the quarter ended June 30, 2026, and approved an investment of up to ₹200 Crore for a new pesticide manufacturing unit in Nagpur, Maharashtra.
Key Highlights
- Board approved loan up to ₹15 Cr for employee stock plan.
- Loan to fund acquisition of shares for SAR 2026.
- Plan aligns with SEBI (Share Based Employee Benefits) Regulations.
- Also approved ₹200 Cr for new pesticide unit in Nagpur.
- Reviewed Q1 FY27 un-audited financial results.
Price Impact
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