INSECTICIDNSEInsecticides (India) Limited· Pesticides And AgrochemicalsMediumPositive
Announced Sat, 16 May · 11:33 IST

Insecticides (India) Limited has informed the Exchange regarding a press release dated May 16, 2026, titled "Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Product Launch".

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AI summary

Insecticides (India) Limited has launched GRANUVIATM, a next-generation insecticide for paddy crops, developed by Corteva Agriscience and exclusively supplied under IIL's brand. The product provides up to 60 days of control against brown plant hopper (BPH) and up to two weeks protection against stem borer, addressing major yield losses ranging from 20-60% for BPH and 10-30% for stem borer. The launch targets the domestic Indian market with application recommended at 30-35 days after transplanting. The company has conducted successful field demonstrations showing effective pest control, improved tillering, and healthier crops. GRANUVIATM uses an advanced granular formulation designed to reduce application costs and the number of sprays required.

Likely market impact

The launch strengthens IIL's paddy crop protection portfolio through an exclusive partnership with Corteva Agriscience. No revenue contribution or order values were disclosed in this filing, limiting the assessment of near-term financial impact.