Announced Mon, 21 Sept, 2026 · 18:39 IST
PI Industries gets regulatory registration for new insecticide Pioxaniliprole
PIIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.7%1-day move
₹2326.50
prior close
₹2364.90
base price
After-mkt
timing
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+0.7+0.8+0.5+0.6+2.7+1.7+3.2+1.0-1.6-3.9————
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AI summary
PI Industries received registration from the Ministry of Agriculture for Pioxaniliprole, branded as Pioxazon. It is India's first indigenously discovered insecticide molecule, developed over a decade of research. Registration was granted under section 9(3) of the Insecticides Act, 1968 for TIM and FIM category. The product will be launched in India soon to help farmers tackle crop productivity challenges. Current approval is for the domestic market only.
Likely market impact
Positive for PI - reinforces innovator status in agri sciences; domestic launch may support future revenue growth.