The company plans to add substantial manufacturing capacity across two key products at its Manufacturing facility I located at E-39, RIICO Industrial Area, Bagru (Ext.), Jaipur, Rajasthan. The expansion will be completed during FY 25-26.
Strategic Rationale and Financing
The expansion comes in response to the Government of India’s imposition of anti-dumping duties, creating favorable market conditions for domestic production. PEDA (2,6-Diethyl-N-(2-propoxyethyl) Aniline) serves as an intermediate for Pretilachlor technical production, establishing a complete backward integration chain.
The company will finance this expansion through a mix of term loans and internal accruals, demonstrating a balanced approach to funding growth initiatives.
Regulatory Compliance
Advance Agrolife made this announcement pursuant to Regulation 30 of SEBI Listing Regulations, ensuring full transparency with stakeholders. Company Secretary Nisha Gupta signed the official communication to BSE and NSE, providing comprehensive details as required under SEBI guidelines.
Manufacturing Infrastructure
The production will be established at the company’s existing Jaipur facility, leveraging current infrastructure while adding specialized capabilities for technical-grade chemical manufacturing. This approach optimizes operational efficiency while expanding the company’s agrochemical product portfolio in the herbicide segment.
