Advance Agrolife has announced a significant ₹25.00 crore investment to strengthen its backward integration capabilities through the production of Pretilachlor technical and its intermediate PEDA at its Jaipur manufacturing facility. The company informed stock exchanges about this strategic expansion under regulatory compliance requirements.

Capacity Addition Details

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.

Advance Agrolife Limited has announced a strategic land acquisition move through a Memorandum of Understanding with Bileshwar Pharmaceuticals Pvt. Ltd., marking a significant step in the company's expansion plans for pesticides manufacturing.

Land Acquisition Details

The company has entered into an MOU for acquiring land at the Dahej-II GIDC Industrial estate in District Bharuch, Gujarat. The acquisition involves a substantial land parcel that will serve as the foundation for the company's new manufacturing facility.

Manufacturing Facility Plans

The acquired land will be utilized to establish a new manufacturing plant specifically designed for the production of technical grade pesticides. This expansion aligns with the company's growth strategy in the agrochemicals sector and represents a significant investment in manufacturing capabilities.

Regulatory Compliance

Advance Agrolife Limited has fulfilled its disclosure obligations by informing both major stock exchanges about this development. The company has communicated this information under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Future Updates

The company has indicated that it will provide additional information and updates regarding the project's progress in due course. Details about the date of commencement of commercial operations and other relevant developments will be shared with stakeholders as they become available. The intimation has also been made available on the company's official website at www.advanceagrolife.com for public access.