Investment3 Aug 2026, 02:20 pm
Dhanuka Agritech to Invest ₹200 Cr in Nagpur Pesticide Unit
AI Summary
Dhanuka Agritech Ltd announced its Board of Directors has approved an investment of up to ₹200 Crore for establishing a new pesticide manufacturing unit in Nagpur, Maharashtra. The company also approved the un-audited financial results for the quarter ended June 30, 2026, and a loan of up to ₹15 Crore to the Dhanuka Employee Stock Benefits Trust for its "Dhanuka Stock Appreciation Rights Plan, 2026". The board meeting concluded on August 3, 2026.
Key Highlights
- ₹200 Crore investment for new pesticide manufacturing unit in Nagpur.
- Approval of un-audited financial results for Q1 FY27.
- Loan of up to ₹15 Crore for employee stock appreciation rights plan.
- Expansion aims to bolster pesticide production capacity.
Price Impact
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