Insecticides India Ltd Share Price – NSE  / BSE

Agro Chemicals, Small Cap

Insecticides (India) (IIL) has launched, a new revolutionary Insecticide, Centran. This will be a pioneering solution for tackling stem borers in paddy. With its dual-action formula, Centran effectively controls stem bores and help the farmers to achieve healthier crops and better productivity.

Paddy is the backbone of the Indian farmers. Stem borers pose a significant threat to their hard work. To address this, new age insecticide Centran has been developed by the R&D Team of Insecticides (India). Centran is a unique blend of dual active ingredients for pest control and crop nourishment. The product supports robust root development, improves tiller growth, and delivers superior yields, ensuring a higher return on investment for growers.

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Insecticides India will hold a meeting of the Board of Directors of the Company on 10 February 2025.

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The Board of Insecticides India at its meeting held on 11 November 2024 has approved to make an investment in Kaeros Research by acquiring to equity share capital of 100% of the Issued and paid-up share capital of the Target Company from its existing shareholders (i.e. Rajesh Kumar Aggarwal, Sanskar Aggarwal and Nikunj Aggarwal), subject to the compliances with the Companies Act, 2013, SEBI Listing Regulations and other applicable laws and such other regulatory/ statutory approvals, as may be required.

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Net profit of Insecticides India rose 15.69% to Rs 61.49 crore in the quarter ended September 2024 as against Rs 53.15 crore during the previous quarter ended September 2023. Sales declined 9.90% to Rs 627.09 crore in the quarter ended September 2024 as against Rs 695.99 crore during the previous quarter ended September 2023.

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