Daikaffil Chemicals India Ltd — Important, 23-08-2025: Company Update

Daikaffil Chemicals India Limited has successfully incorporated a wholly-owned subsidiary, Mikusu Global Industries Limited, in Nigeria. This new entity will operate in the agro-chemical sector, focusing on products like pesticides and insecticides. The subsidiary's total share capital is approximately INR 0.57 Cr, funded by cash. This strategic move marks the company's entry into the Nigerian market, aiming to expand its agro-chemical business and geographic footprint. It signifies a concrete step towards international growth and market diversification for shareholders, strengthening the company's global presence.