Approval for Incorporation of Wholly Owned Subsidiaries/ Acquisition of shares of a Company outside India

Dhanuka Agritech Board approved multiple items in its May 19, 2026 meeting. FY2025-26 results show revenue of Rs 2,020 crore and net profit of Rs 287 crore, with basic EPS of Rs 63.72. The Board cleared a Rs 70 crore share buyback (5 lakh shares at Rs 1,400 each, representing 1.11% of equity) via tender offer, with promoters intending to participate. Record date for buyback is May 29, 2026. The company also approved setting up wholly owned subsidiaries in Brazil and a European country (initial investment Rs 1 crore each) to handle transfer of Bayer-acquired brands and register new products internationally. A final dividend of Rs 2 per share (100%) was recommended for FY26, subject to AGM approval. ESOP 2026 (50,000 options) and SAR Plan 2026 (1,25,000 rights) were also approved, pending shareholder nod.