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.

Dhanuka Agritech Limited has launched two new products, Wetcit Neo and Fujita, targeting the domestic Indian agricultural market. The company disclosed the product introductions in a filing to stock exchanges on September 25, 2026, expanding its portfolio in crop protection solutions.

The launch includes a novel spray adjuvant and a premium systemic fungicide. Both products are designed to address specific challenges in pesticide application and disease management for key crops.

Product specifications and applications

Wetcit Neo is categorized as an adjuvant. It is formulated with a unique blend of avocado oil, blackcurrant oil, and surfactants. The product reduces water surface tension to improve spray spreading, coverage, and penetration. It also delivers fast absorption and dry-out. Dhanuka states that Wetcit Neo is compatible with most pesticide chemistries and integrates multiple adjuvant technologies into a single solution.

Fujita is a premium systemic fungicide containing Isoprothiolane 40% EC. It is designed for the effective control of rice blast, including leaf, nodal, and neck blast. The fungicide provides preventive and curative action with excellent systemic movement through roots and leaves. It works by inhibiting fungal phospholipid biosynthesis to restrict disease development.

Market focus

Both products are exclusively launched for the domestic market in India. This strategic focus aligns with the company's existing distribution network and product portfolio tailored for Indian farmers.

Strategic implications

The introduction of Fujita addresses a critical need in rice cultivation, where blast disease remains a significant yield constraint. By offering a product with both preventive and curative properties, Dhanuka aims to capture a larger share of the fungicide segment. Meanwhile, Wetcit Neo enhances the efficacy of existing pesticide chemistries, potentially increasing the value proposition of combined spray solutions for farmers.