Daikaffil Chemicals' board has approved the incorporation of two new wholly-owned subsidiaries in Nigeria and the United Arab Emirates.

These entities will expand the company's agro-chemical business, focusing on products like pesticides and insecticides.

An initial investment of up to INR 2.00 Cr is planned for these ventures.

This strategic step aims to strengthen the company's global footprint and market presence, signaling a move to capture new growth opportunities in the chemical products sector.