Heranba Industries Limited — JV/Acquisition, 22-08-2026: Acquisition

Heranba Industries will invest up to ₹25 Cr in its wholly-owned subsidiary, Mikusu India Private Limited, through a Rights Issue. This capital infusion aims to support Mikusu's business operations and growth plans in the agrochemical products trading segment. Mikusu has demonstrated robust growth, with a turnover of ₹182.68 Cr in FY26. Heranba will maintain its 100% ownership, reinforcing its strategic footprint in the agrochemical market and enabling continued control over this expanding asset.