Board Change • Jun 10
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive – Independent Director Mohan Tanksale was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 09
India Pesticides Limited Announces Board Resignations, Effective June 6, 2026 India Pesticides Limited announced that at the board meeting held on June 6, 2026, Mr. Anand Swarup Agarwal, Non-Executive Director under the Promoter Category, has tendered his resignation from the Board of Directors of the Company, including his membership on various Committees of the Board where he serves as a member with effect from the close of business hours on June 6, 2026. Mr. Vishal Swarup Agarwal, Non-Executive Director under the Promoter Category, has tendered his resignation from the Board of Directors of the Company, including his membership on various Committees of the Board where he serves as a member with effect from the close of business hours on June 6, 2026. Mr. Vishwas Swarup Agarwal, Non-Executive Director under the Promoter Category, has tendered his resignation from the Board of Directors of the Company, including his membership on various Committees of the Board where he serves as a member with effect from the close of business hours on June 6, 2026. Declared Dividend • May 27
Dividend of ₹0.75 announced Dividend of ₹0.75 is the same as last year. Ex-date: 24th August 2026 Payment date: 30th September 2026 Dividend yield will be 0.4%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (11% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has not increased over the past 4 years but payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 88% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.9% EPS decline seen over the last 5 years. 
