Company Profile

The Board of Directors of the Company has approved the buyback of the fully paid-up equity shares of the face value of ? 10/- (Rupees Ten only) each ('Equity Shares') of the Company from its shareholders / beneficial owners excluding promoters, promoter group and persons who are in control of the Company, via the 'open market' route through the stock exchange mechanism, for an aggregate amount not exceeding ? 60 Crore (Rupees Sixty Crore only) ('Maximum Buyback Size'), and at a price not exceeding ? 575/- (Rupees Five Hundred and Seventy Five only) per Equity Share.

Buy Back of Shares Inter alia y has approved the buyback of the fully paidup equity shares of the face value of~ 101- (Rupees Ten only) each ("Equity Shares") of the Company from its shareholders 1 beneficial owners excluding promoters, promoter group and persons who are in control of the Company, via the 'open market' route through the stock exchange mechanism i.e. using the electronic trading facilities of the stock exchanges where the Equity shares of the Company are listed i.e. National Stock Exchange of India Limited ("NSE") and BSE Limited ("BSE") (collective ly referred as the "Stock Exchanges") under the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended ("Buyback Regulations" ) and the Companies Act, 2013 , as amended (''Companies Act"), and other applicable rules, for an aggregate amount not exceeding ~ 60 Crore (Rupees Sixty Crore only) ("Maximum Buyback Size"), and at a price not exceeding ~ 575/- (Rupees Five Hundred and Seventy Five only) per Equity Share ("Maximum Buyback Price"), payable in cash (the process being referred hereinafter as "Buyback"). The Maximum Buyback Size and Maximum Buyback Price do not include any expenses incurred or to be incurred for the Buyback like filing fees payable to SEBl, advisors' fees, stock exchange fees, brokerage, costs fees, turnover charges, applicable taxes including inter alia buyback tax, secuntles transaction tax, goods and services tax (if any), stamp duty, etc., public announcement publication expenses and other incidental and related expenses and charges (collectively referred to as "Transaction Costs"). The Maximum Buyback Price and for the Maximum Buyback Size, the indicative maximum number of Equity Shares bought back would be 10,43,478 ("Maximum Buyback Shares"), which is 5.05% of the total number of paid-up Equity Shares of the Company. If the equity shares are bought back at a price below the Maximum Buyback Price, the actual number of equity shares bought back could exceed the indicative Maximum Buyback Shares (assuming full deployment of Maximum Buyback Size) but will always be subject to the Maximum Buyback Size. Further, the number of Equity Shares to be bought back will not exceed 25% of the total paid up equity capital of the Company as at March 31 , 2020. The Maximum Buyback Size represents 8.22% and 8.20% of the aggregate of the total paid-up Equity Share capital and free reserves (which includes the securities premium account) of the Company based on the audited standalone and consolidated financial statements of the Company as at March 31, 2020, respectively (being the latest audited standalonc and consolidated financial statements of the Company, available at the Board Meeting) which is within the maximum amount allowed under the Board approval route under the Companies Act and the Buyback Regulations, and unless otherwise permitted under applicable law, the Company shall utilize at least 50% of the Maximum Buyback Size .. The Board has also constituted a committee for the purposes of the Buyback (the "Buyback Committee") and has delegated its powers to the Buyback Committee to do or cause to be done all such acts. deeds, matters and things, in its discretion, deem necessary in connection with the Buyback. The Board has appointed the undersigned as 'Compliance Officer' for the purposes of the Buyback. The public announcement setting out details of Buyback including the process, timelines and other statutory details of the Buyback will be released within 2 (two) working days from the date of the Board Meeting i.e., March 30, 2021 in accordance with the Buyback Regulations.

INSECTICIDES (INDIA) LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/03/2021 ,inter alia, to consider and approve The notice is hereby given that a meeting of the Board of Directors of Insecticides (India) Limited (hereinafter referred as 'the Company") is scheduled to be held on Tuesday, March 30, 2021, inter-alia, to consider the proposal for buyback of the fully paid-up equity shares of the Company of face value of Rs. 10/- (Ten only) each, as well as matters related/ incidental thereto.

Insecticides (India) Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on March 30, 2021, inter alia, to consider the proposal for buyback of the fully paid-up equity shares of the Company of face value of Rs. 10/- (Ten only) each, as well as matters related / incidental thereto. Pursuant to the Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons and Immediate Relatives, as per Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 as amended from time to time, the trading window has been closed from March 23, 2021 till 48 hours from the conclusion of the Board Meeting to be held on March 30, 2021.