Dhanuka Agritech Limited Declares Interim Dividend, Payable on February 26, 2020; Announces Executive Changes
February 13, 2020 at 02:07 pm IST
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Dhanuka Agritech Limited announced that at the board meeting held on February 13, 2020, it has declared Interim Dividend at 600% (that is INR 12.00 per Equity Share having Face Value of INR 2 each) amounting total outflow of INR 688.3 million (inclusive of Corporate Dividend Tax). The record date for the purpose of Interim Dividend has been fixed as February 26, 2020. The payment of Interim Dividend shall be start from February 26, 2020 and shall be made within 30 days of its declaration.
The Board of Directors of the Company in its meeting held on February 13, 2020 appointed Mr. Jitin Sadana as Company Secretary & Compliance Officer of the Company with immediate effect pursuant to Section 203 of the Companies Act, 2013 and Regulation 6 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Further the Board has also relieved Mr. VK Bansal, Chief Financial Officer of the Company from the responsibilities of Compliance Officer with immediate effect.
Dhanuka Agritech Limited is an India-based agro chemical company. The Company is engaged into the business of manufacturing of pesticides for farmers of India. Its product categories include herbicides, fungicides, insecticides, and plant-growth-regulators. Its herbicides products include TARGA SUPER, NABOOD, SAKURA, DHANUTOP, WEEDMAR SUPER, NOWEED, BARRIER and OZONE. Its fungicides products include LUSTRE, GODIWA SUPER, Vitavax, VITAVAX POWER and HEXADHAN PLUS. Its insecticides products include FOSTER, CALDAN 4 G, CALDAN 50 SP, FAX SC, APPLE, AREVA SUPER, MARKAR and MEDIA SUPER. Its plant growth regulators include WETCIT, SUELO, DHANVARSHA and DHANZYME GOLD GRANULES. The Companyâs distribution network consists of around 6,500 distributors and 80,000 retailers, The Company has three manufacturing units situated at Sanand (Gujarat), Keshwana (Rajasthan) and Udhampur (J&K). The Company's subsidiaries include Dhanuka Agri-solutions Private Limited and Dhanuka Chemicals Private Limited.
DHANUKA AGRITECH LIMITED 
