Dharmaj Crop Guard has entered into a lease deed agreement with Gujarat Industrial Development Corporation for the plot situated at Plot No. DP/153/2, Saykha Industrial Estate Bharuch which is next to its existing plant with land admeasuring 3484.40 Sq. metres for the amount of Rs 88,53,861.
The said land is acquired for setting up Boiler separately for operational convenience and safety purpose. The plant will add convenience for the operation, the Projected capacity will remain intact and the transaction is not triggering the materiality policy.
Dharmaj Crop Guard is engaged in the business of manufacturing, distributing, and marketing a wide range of agrochemical formulations such as insecticides, fungicides, herbicides, plant growth regulators, micro fertilizers and antibiotics to the B2C and B2B customers.
