Leading company in the agrochemical sector, India Pesticides Ltd, on Wednesday (July 15), said it has received Technical Equivalence (TEQ) approval in the European Union (EU) for one of its fungicide products, allowing the company to expand its presence in the international market.The approved product belongs to the pesticides category and will cater to the international market, with the product launched in the European Union. The approval date for the fungicide product is May 29, 2026.
The company said the approval is part of its global expansion strategy and is expected to strengthen its export business by improving access to the European market.
ALSO READ | Input cost pressures rise, but Insecticides India remains optimistic on FY27 growthIndia Pesticides said the approval is expected to contribute to its export revenues and support foreign exchange earnings for the country. The company manufactures pesticides and agrochemical products, with manufacturing units located in Lucknow and Hardoi, Uttar Pradesh.
Shares of India Pesticides Ltd ended at ₹156.25, up by ₹0.75, or 0.48%, on the BSE.
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First Published: Jul 15, 2026 5:34 PM IS
