Insecticides (India) has incorporated wholly-owned subsidiary namely ‘IIL Biologicals’. The company will subscribe to 100% paid-up share capital of wholly owned subsidiary company by acquiring 10,000 equity shares at the face value of Rs 10 each aggregating to Rs 1 lakh in cash. IIL Biologicals shall carry on the business of manufacturing, sale, purchase, etc. of all kind of Organic and Biological farming fertilizers, bio-pesticides, bio-control agents or any other allied products.
Insecticides (India) is engaged in the manufacturing activities of agro chemicals, pesticides and technical products for agriculture purposes.
