Excel Crop Care updates on subsidiary

Excel Genetics makes preferential allotment of shares to Harvest Agribusiness

Excel Crop Care announced that Excel Genetics, the Company's Subsidiary engaged in seeds business and in respect of whom the Company held 75% equity capital, has made a preferential allotment of 25,00,000 equity shares to Harvest Agribusiness, which already holds 23.33% of its equity capital. Consequently, Excel Genetics has ceased to be our Subsidiary.

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