Dharmaj Crop Guard Limited — Important, 29-01-2025: General Updates

Dharmaj Crop Guard Limited has incorporated a wholly-owned subsidiary named DCGL Industries Limited, approved by the Ministry of Corporate Affairs. The subsidiary, with an authorized capital of ₹15,00,000 (15 Cr), is positioned to operate within the agro-chemical industry, supporting Dharmaj’s core business activities. The entire capital of ₹5,00,000 (5 Cr) will be subscribed in cash, translating to 50,000 shares at face value. This strategic move reinforces Dharmaj's market presence in the agro-chemical sector. Investors should view this development positively as it could enhance growth potential and operational efficiency. Watch closely for further updates on how this subsidiary may influence overall performance.