Dhanuka Agritech Ltd Share Price Dhanuka Agritech

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Chairman R G Agarwal
Managing Director M K Dhanuka
Independent Director Priya Brat
Director (Marketing) Rahul Dhanuka
Independent Director Vinod Jain
Independent Director Indresh Narain
Whole-time Director Arun Kumar Dhanuka
Director (Operation) Mridul Dhanuka
Independent Director Sachin Kumar Bhartiya
Whole-time Director Ashish Saraf
Independent Director Sanjay Saxena
Whole-time Director Harsh Dhanuka
Independent Director Bajrang Lal Bajaj
Independent Director Namrata Gupta

Dhanuka Agritech Limited, formerly known as Dhanuka Pesticides Limited, manufactures a wide range of agro-chemicals like herbicides, insecticides, fungicides, plant growth regulators in various forms - liquid, dust, powder and granules. The company has established itself across major crops (rice, cotton, soybean, and vegetables) and geographies (south and west). To enhance its position across the spectrum, the company has been aggressive in new product launches supported by international tie-ups. The companys production facilities are located at Sanand in Gujarat, Jaipur in Rajasthan, and Udhampur in Jammu & Kashmir. The company has a pan-India presence through its Branch offices/Depots in all major states in India.Dhanuka Pesticides was incorporated in Feb.85, commenced commercial production in 1986. It is promoted by the Dhanuka Group of Industries. The company has a technical tie-up with Du Pont, US, for the formulations of pesticides using the raw material - methomyl, which is imported from Du Pont. The plant was inaugurated in Jun.92.In 1993, the company implemented an expansion-cum-diversification scheme to widen its operations by installing capacities for the manufacture of 200 tpa of technical grade atrazine and 80 tpa of the intermediate product parachloro benzyl cyanide and various pesticides and formulations.In 1995-96, the company commissioned plants to manufacture metaphenoxy benzaldehyde, an intermediate, and formulation plants for cypermethrin 10% EC and 25% EC.During 1998-99, the company successfully launched Nukil 10% EC in technical association with M/s Mitsui Chemicals Inc. Japan. The company also launched a systematic antibiotic , Validamycin 3L in technical tie - up with M/s. Takeda Chemical Industries Ltd., Japan. The company started marketing of Dunet 40 SP in technical tie-up with M/s EI Du-Pont.It has also launched a Soyabean Weedicide-Targa Super in technical tie-up with M/s Nissan Chemicals Industries Ltd in May 2001.During the financial year ended 31 March 2010, Dhanuka Agritech launched various new products, namely Dhawa Gold, Areva, Apple, D-era, Nabood, Dhanzyme Gold and Ad-Fyre. The market has shown encouraging response to these products. The company opened 7 new depots during the year to strengthen its market penetration and to save on transportation cost.Dhanuka Agritech achieved its sales and profitability targets during the year by a threefold strategy of increasing sales, penetrating newer markets and reducing costs. The company has passed resolutions by way of Postal Ballot for carrying out the business of Wind Mill Power Project. The project has been launched in Rajasthan in association with Suzlon Energy Limited and became functional from 31 December 2009. During the financial year ended 31 March 2014, the company embarked on the construction of a new automated manufacturing plant in Rajasthan with budgeted capex of approx Rs. 50 crore.During the year under review, the company launched in-licensed products - Maxyld, Media Super, Defend, Danfuron with successful marketplace acceptance.The Delhi High Court approved the comprehensive Scheme of Amalgamation between M/s. A.M. Bros. Fintrade Private Limited and M/s. Dhanuka Finvest Private Limited with Dhanuka Agritech Limited and their respective Shareholders and Creditors. The order of the High Court has been led on 1 December 2015 with the Registrar of the Companies, NCT Delhi & Haryana.Dhanuka Agritech commissioned a state-of-the-art manufacturing facility at Keshwana (Rajasthan) on 16 March 2016.During the financial year ended 31 March 2017, Dhanuka Agritech rewarded its Shareholders by doing Buyback at Rs 850 per equity share (the Buyback Price) amounting to be Rs. 80 crore. With the Buyback price of Rs 850 per share and Buyback Size of Rs 80 crore, the total number of shares bought back in the Buyback was 9,41,176 Equity Shares, representing about 1.88% of the total issued and paid-up equity capital of the Company as on 31 March 2016.Driven by the focus of winning customers through planned strategies, Dhanuka Agritech financial performance continued to gain momentum quarter after quarter during the financial year ended 31 March 2018 resulting in nearly 9% growth in adjusted turnover over the previous year.The company permanently closed its manufacturing activities at its plant situated at Daulatabad Road, Gurugram-122 001, Haryana, w.e.f. 9 January 2018. The entire manufacturing operations of Gurugram unit have been shifted to Keshwana (Rajasthan) unit with no adverse effect on the companys overall operations.

REGISTERED OFFICE

82 Abhinash Mansion 1st Floor,
Joshi Road Karol Bagh,New Delhi,
New Delhi-110005

Tell. : +91-011-64656800/1/2
Website : http://www.dhanuka.com
Email : investors@dhanuka.com

REGISTRAR OFFICE

GF Abhipra Complex,
Azadpur,Delhi - 110033
INDIA

Tell. : +91-11-42390909
Website : www.abhipra.com
Email : ddp@abhipra.com/vmjoshi@abhipra.com