GODREJAGRO

Godrej Agrovet Limited issued a notice to shareholders regarding the transfer of unclaimed/unpaid dividends and associated equity shares to the Investor Education and Protection Fund (IEPF). This applies to dividends not claimed for 7 consecutive years. Shareholders must claim their outstanding dividends and shares before August 31, 2026, to avoid transfer to IEPF as per Section 124 of the Companies Act, 2013, and IEPF Rules, 2016. The company will initiate transfer on or after September 1, 2026.

Godrej Agrovet Ltd. provided FY'27 guidance, targeting early double-digit consolidated revenue growth and mid-strong double-digit, mid-teens consolidated PBT growth, driven by volume expansion. Capital expenditure for FY'27 is projected at INR 400 crores, with 75-80% allocated to growth, particularly in the oil palm business. Key growth drivers include double-digit volume growth in Animal Nutrition and Oil Palm, a strong recovery expected in the Crop Care business from Q2 FY'27 with new product launches (Ashitaka, TAKAI) contributing significantly, and continued CDMO-led growth for Astec LifeSciences, which achieved EBITDA breakeven in FY'26. The company is strategically shifting its Foods business towards value-added branded offerings, entering new segments like momos and frozen chicken, while scaling down live bird trading. ROCE improved from 16% to 20% in FY'26 due to working capital management, with a commitment to further improvement.