Sharda Cropchem informs about outcome of board meeting

Sharda Cropchem has informed that the Board of Directors of the Company at its meeting held on August 04, 2016, has decided to invest additional funds of the Company in its Wholly Owned Subsidiary Company, Axis Crop Science for a sum not exceeding Rs 50,000,000 in one or more tranches.

The above information is a part of company’s filings submitted to BSE.