Atul Approves ₹167 Cr Capex for Herbicide Facility

Date: July 24, 2026

Board Meeting Outcomes

The Board of Directors of Atul Limited, at their meeting held on July 24, 2026 (from 10:15 am to 02:15 pm), approved a capital expenditure proposal for a new manufacturing facility.

Expansion / Capex Disclosure

Project Details: Manufacturing facility for Mecoprop-p (MCPP-p) and 2-methyl-4-chlorophenoxyacetic acid (MCPA)

Capacity Details:

• Existing capacity: Nil
• Existing capacity utilization: Not applicable
• Proposed capacity addition:
• MCPP-p: 1,000 tonnes per annum (tpa)
• MCPA: 750 tonnes per annum (tpa)

Implementation Timeline: 67 weeks from approval date

Investment Required: ₹167 crore (excluding working capital and goods and service tax)

Mode of Financing: Internal accruals

Strategic Rationale: To expand portfolio and strengthen position in the Phenoxy herbicides market and produce value-added downstream products of o-Cresol and MCA