Dhanuka Agritech launched Tembotrax, a new selective systemic post-emergence herbicide designed for Maize and Sugarcane crops in India. The product aims to control broadleaf and grassy weeds while ensuring crop safety when used as per label directions.

Product specifications and market focus

The company disclosed the launch details in a filing dated October 14, 2026. Tembotrax is categorized as a herbicide and is exclusively targeted at the domestic market. The product addresses the need for effective weed management in two of India's critical agricultural sectors.

Regulatory disclosure

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Jitin Sadana, Company Secretary and Compliance Officer, signed the digital submission to both the National Stock Exchange of India Limited and the BSE Ltd. The filing confirms that the product is currently available only in India, with no immediate international rollout mentioned.

Dhanuka Agritech received seven entry tax demand orders totaling ₹55.53 crore from the Excise & Taxation Department, Gurugram, covering the period FY09 to FY15.

The company disclosed the development to stock exchanges on October 6, 2026, citing Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The demands relate to the discharge of entry tax liability under the Haryana Tax on Entry of Goods into Local Areas Act, 2008.

Breakdown of demand orders

The demands are distributed across seven fiscal years, with the amount increasing progressively over the period.

Company response and impact assessment

Dhanuka stated that based on its assessment, the aforesaid demands are not maintainable. The company is currently evaluating all legal options, including filing a writ against the orders.

Regarding the financial implications, Dhanuka noted that it does not envisage any relevant impact on its financials, operations, or other activities. The disclosure was signed by Jitin Sadana, Company Secretary and Compliance Officer.

What the numbers show

The data reveals a consistent upward trajectory in annual tax demands, rising from ₹5.64 crore in FY09 to ₹10.75 crore in FY15. This near-doubling of the annual demand over six years suggests either an increase in the volume of goods entering local areas in Haryana or a change in the interpretation of taxable goods under the state act during that period. The total exposure of ₹55.53 crore represents a significant one-time liability if upheld, though the company maintains it is contesting the validity.