Dharmaj Crop Guard Limited entered into a Lease deed agreement with Gujarat Industrial Development Corporation for the plot situated at Plot No. DP/153/2, Saykha Industrial Estate Bharuch which is next to existing plant with land admeasuring 3,484.40 Sq. metres for the amount of INR 8,853,861/- (Eighty-Eight Lakh Fifty-Three Thousand Eight Sixty-One only).

The said land is acquired for setting up Boiler separately for operational convenience and safety purpose. The plant will add convenience for the operation, the Projected capacity will remain intact and the transaction is not triggering the materiality policy.