NACL Industries has entered into the Share Subscription Cum Shareholders Agreement (SSSA) with Investors and Promoters of the Company, for subscribing to the equity shares and Warrants of the Company by the Investors and Promoter, proposed to be issued on a preferential basis.
The company will utilize the funds for the growth of the company in technical and formulation business, including and the requirements registration, product development etc. both in India and overseas; for expansion /up-gradation/ de-bottlenecking of the factories, working capital needs and other Business-related activities.
NACL Industries produces a comprehensive range of pesticide Technicals and Formulations.