Endosulfan ban not to impact performance: Dhanuka Agritech
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Last Updated: Tuesday, May 17, 2011, 23:30
  
Mumbai: Agro-chemicals manufacturer Dhanuka Agritech on Tuesday said the interim ban on endosulfan by the Supreme Court will not impact the company's performance.

"Dhanuka Agritech Ltd (DAL) intends to convey to its investors and stakeholders that the above product namely, endosulfan has a very little share of less than 1 per cent in the company's business," the company said in a filing to the Bombay Stock Exchange (BSE).

DAL has better eco-friendly and safer substitutes for endosulfan. Thus it will have no impact on the company's performance, it added.

Earlier, pesticide manufacturer Excel Crop Care had said the Supreme Court order that has been issued during the peak sale season would adversely affect the performance of the company in the short term.

The Supreme Court on May 13 had banned the production, sale and use of the controversial pesticide Endosulfan in the country for the next eight weeks, holding that human life is more important than anything else.

PTI


First Published: Tuesday, May 17, 2011, 23:30


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