Aimco Pesticides Limited has entered into a Student Research Project Agreement dated June 19, 2026 with the University of Melbourne and its wholly owned subsidiary, Aimco International FZE. The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Master Circular dated January 30, 2026.
Agreement Details
- Parties to Agreement: University of Melbourne and Aimco International FZE (wholly owned subsidiary of Aimco Pesticides Limited)
- Date of Execution: June 19, 2026
- Purpose: Studies on novel products for agriculture
- Financial Commitment: AUD $191,096.40 (including GST) to be provided by the company through its subsidiary Aimco International FZE
Relationship Details
- University of Melbourne: No shareholding relationship with Aimco Pesticides Limited
- Aimco International FZE: 100% shareholding (wholly owned subsidiary)
- Promoter Relationship: University of Melbourne is not related to promoters; Aimco International FZE is a wholly owned subsidiary
Impact Assessment
- Management/Control Impact: No impact on management or control of the listed entity
- Restriction/Liability: AUD $191,096.40 (including GST) financial commitment
- Related Party Transactions: Not applicable
- Share Issuance: Not applicable
- Additional Disclosures: Not applicable
The agreement represents a research collaboration focused on agricultural product development with quantified financial commitment but no structural impact on the company.