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The buyback, representing 1.69% of the company's total paid-up equity capital, will be conducted on a proportionate basis through the ‘tender offer’ route. Shares of Insecticides (India) Ltd ended at ₹998.05, down by ₹1.05, or 0.11%, on the BSE.
CNBC TV18

CNBC TV18

Insecticides India approves ₹50-crore buyback at ₹1,000 per share — check record date

The buyback, representing 1.69% of the company's total paid-up equity capital, will be conducted on a proportionate basis through the ‘tender offer’ route. Shares of Insecticides (India) Ltd ended at ₹998.05, down by ₹1.05, or 0.11%, on the BSE.

Fri, Aug 30, 2024

Insecticides (India) said that its board has has approved a proposal to buyback 5 lakh shares of the company at a price of Rs 1,000 per equity share and the aggregate consideration for the same would not exceed Rs 50 crore.
Business Standard

Business Standard

Insecticides (India) board OKs proposal to buyback 5 lakh shares through 'tender' route

Insecticides (India) said that its board has has approved a proposal to buyback 5 lakh shares of the company at a price of Rs 1,000 per equity share and the aggregate consideration for the same would not exceed Rs 50 crore.

Fri, Aug 30, 2024

Multibagger Stock: Insecticides (India) reported a 68% YoY rise in Profit After Tax and an EBITDA margin of 10.9%, boosted by 380 bps. The company plans to launch new products in Q1FY25 while dissolving its Dubai subsidiary.
Mint

Mint

Multibagger Stock: Insecticides share price up 7% to all-time high on strong Q1 results; Analyst suggests buy-on-dips

Multibagger Stock: Insecticides (India) reported a 68% YoY rise in Profit After Tax and an EBITDA margin of 10.9%, boosted by 380 bps. The company plans to launch new products in Q1FY25 while dissolving its Dubai subsidiary.

Mon, Aug 12, 2024

Best Agrolife Ltd has obtained regulatory approval for its new patented insecticide formulation named Nemagen, designed to combat resistant pests causing significant crop damage. The company plans to launch Nemagen in July. According to Best Agrolife, lepidopteran pests such as borers have become resistant to existing insecticides, leading to substantial crop losses ranging from 30% to 50%.
The Economic Times

The Economic Times

Best Agrolife to launch new insecticide for resistant pests in July

Best Agrolife Ltd has obtained regulatory approval for its new patented insecticide formulation named Nemagen, designed to combat resistant pests causing significant crop damage. The company plans to launch Nemagen in July. According to Best Agrolife, lepidopteran pests such as borers have become resistant to existing insecticides, leading to substantial crop losses ranging from 30% to 50%.

Wed, Jun 19, 2024