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Incorporated in 2020, Nirman Agri Genetics Limited is an organized Agri-Input Company in India. The company is in the business of production, processing, and marketing of high-quality hybrid seeds, Pesticides, and Bio-organic
Nirman Agri Genetics (NAGL) received an interim SEBI order restricting corporate actions like bonus issue, stock split, and name change. Its Promoter & MD are also barred from trading securities. NAGL disagrees, stating no financial impact.
Nirman Agri Genetics (NAGL) received a SEBI order it vehemently denies, calling allegations baseless. The company is seeking legal advice and assures investors that business operations and growth plans are unaffected, with stakeholder interests protected.
Nirman Agri Genetics clarified its 10:1 bonus share issue. This move will expand paid-up capital from Rs 8.01 Cr to Rs 88.11 Cr, utilizing Rs 65.17 Cr from securities premium and Rs 14.93 Cr from free reserves. Bonus shares are expected to be credited within two months.
Nirman Agri Genetics has announced a board meeting on 30th September to consider a stock split (up to 1:10) and bonus shares (up to 10:1) to enhance liquidity and reward shareholders. Strategic expansion into hydroponics & aquaponics for higher margins is also on the agenda.
Nirman Agri Genetics has announced a board meeting to consider a stock split, bonus issue, and strategic expansion into hydroponics and aquaponics. These proposals aim to enhance liquidity, reward shareholders, and tap into sustainable agriculture growth.