Dhanuka Agritech Limited has informed the Exchange about Retirement
DHANUKA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Dhanuka Agritech reported FY2026 audited results with total income of ₹2,062.80 crore and PAT of ₹287.23 crore, down from FY2025. The Board approved a ₹70 crore buyback of up to 5 lakh shares at ₹1,400 each (1.11% of capital), with promoters intending to participate. It also introduced an ESOP scheme (50,000 options) and Stock Appreciation Rights plan (1,25,000 units) for employees, both pending shareholder approval. A 100% final dividend (₹2 per share) was recommended. Senior Management Personnel Mr. K.B. Kejariwal retired upon superannuation from March 31, 2026. The company plans to set up wholly-owned subsidiaries in Europe and Brazil to manage brands acquired from Bayer and expand internationally. Statutory auditors issued an unmodified opinion on the financial results.
The buyback at ₹1,400 per share offers a 21.4% premium over the likely market price, signaling management confidence. The retirement of senior personnel is routine and not expected to impact operations. The international expansion plans indicate strategic growth beyond domestic market.