Dhanuka Agritech Limited (DHANUKA) — Announcement | 30 July 2026

· NSE Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
📢 Key Event
Company clarifies SAR 2026 appreciation calculation methodology
💡 Investor Takeaway
Shareholders should note the SAR plan's cash payout formula is now explicitly defined, reducing uncertainty around future dilution and executive compensation costs.

Dhanuka Agritech clarified its methodology for determining cash appreciation amounts under the proposed 2026 Stock Appreciation Rights Plan, specifying that appreciation equals (fair market value at exercise minus exercise price) multiplied by SARs exercised, with exercise price at least the higher of closing market price on grant date or higher trading volume date, and confirming the details are available on its investor website.

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About Dhanuka Agritech Limited (DHANUKA)

Chemicals · Agro Chemicals · Listed on NSE

Market Cap: ₹4,359.76 Cr P/E: 14.9 ROE: 21.2% ROCE: 27.5% Div Yield: 0.20%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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