The District Industries Centre has given approval to Dhanuka Agritech’s Udhampur unit to double its capacity to 11,800 tonnes per annum. In an exchange filing on Wednesday, the company said it has also received permission from the J&K State Pollution Control Board to handle hazardous wastes for pesticide formulation and consent to operate the fresh expansion. The company said it can avail excise duty refund for a period of 10 years for the unit at Udhampur. Shares of Dhanuka Agritech ended 1.8 per cent up at ₹619.10 on the NSE.
(As published in The hindu business line April 06, 2016)