Crystal Crop

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 Crystal Crop Protection Limited (“Crystal” or the “Company”) is one of the major agrochemical players in India. Crystal manufactures and markets a broad range of crop protection products (insecticides, fungicides, and herbicides), as well as seeds and farm equipment, predominantly for the domestic India market. The Company is well-diversified across crops, has a large existing portfolio of generic crop protection products and is now strategically developing its own branded formulations. Crystal provides crop protection products that cater to entire lifecycle of crops from sowing to harvesting and assist the Indian farmer to maximize productivity and profitability. Crystal plans to (i) further expand Crystal’s own in-house manufacturing of active ingredients (“technicals”), which will help it to further backward integrate and reduce dependence on imports of technicals (ii) fund capital expenditure to expand capacity, improve IT infrastructure and automation in its plants, (iii) fund working capital requirement; (iv) setup solar plants in its production units to promote cleaner energy and reduce power costs, and (v) fund costs for domestic and global product registrations (all together, the “Project”).