Dhanuka Agritech Limited Recommends Dividend for the Year Ended March 31, 2019; Announces Board Appointments
May 21, 2019 at 11:36 am
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Dhanuka Agritech Limited announced that at its board meeting held on May 21, 2019, the board recommended dividend of 30% that is INR 0.60 per equity share to the shareholders of the company, subject to approval of members at upcoming Annual General Meeting.
The board also approved the appointment of Mr. Harsh Dhanuka, Additional Director under the category of Whole time Director and appointment of Mr. Bajrang Lal Bajaj as an Additional Director under Independent Category. The board also approved the appointment of Mrs. Namrata Gupta as an Additional Director under Independent Category. Mr. Harsh is working as vice president-marketing and is associated with Dhanuka since last 12 years. Mr. Bajrang Lal Bajaj, at present is a co-founder and managing director of Dynamic Orbits. Mrs. Namrata Gupta is having over 10 years of experience in Relationship, Master practitioner of Neuro Linguistic programme and also worked with people individually and in groups and helped them to develop a strong positive self-image, improve communication and resolve conflicts.
Dhanuka Agritech Limited is an India-based agro chemical company. The Company is engaged into the business of manufacturing of pesticides for farmers of India. Its product categories include herbicides, fungicides, insecticides, and plant-growth-regulators. Its herbicides products include TARGA SUPER, NABOOD, SAKURA, DHANUTOP, WEEDMAR SUPER, NOWEED, BARRIER and OZONE. Its fungicides products include LUSTRE, GODIWA SUPER, Vitavax, VITAVAX POWER and HEXADHAN PLUS. Its insecticides products include FOSTER, CALDAN 4 G, CALDAN 50 SP, FAX SC, APPLE, AREVA SUPER, MARKAR and MEDIA SUPER. Its plant growth regulators include WETCIT, SUELO, DHANVARSHA and DHANZYME GOLD GRANULES. The Companyâs distribution network consists of around 6,500 distributors and 80,000 retailers, The Company has three manufacturing units situated at Sanand (Gujarat), Keshwana (Rajasthan) and Udhampur (J&K). The Company's subsidiaries include Dhanuka Agri-solutions Private Limited and Dhanuka Chemicals Private Limited.