Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we are enclosing herewith the Business update of the Company.
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Harshdeep Hortico Ltd has announced the launch of a new product category - Rotomoulded Decorative Water Fountains - effective April 19, 2026. The company claims this is a first-of-its-kind rotomoulded product segment in India, developed through in-house design and innovation. The product falls under the Outdoor Decorative/Landscape Products category and will initially target the domestic market with plans for international expansion in future. The company expects this launch to strengthen its market position in the decorative segment, enhance product diversification, and open new growth opportunities.
This is a new product launch announcement with no immediate financial impact. While the company mentions export expansion plans, there are no specific orders, revenue figures, or financial guidance provided. The actual impact on revenue and profitability remains uncertain and will depend on market acceptance.