- Business
- Hindustan Agrigenetics Ltd engages in the processing and trading of seeds in India. Incorporated in 1990 and headquartered in New Delhi, the company develops, produces, and markets hybrid seeds including sunflower, cotton, jowar, bajra, fodder jowar, and tomato varieties; tissue culture plantlets such as ornamental plants like syngonium, orchids, chrysanthemum, spathiphyllum, and horticulture plants including strawberry, grapes, and bananas; and floriculture products. It operates primarily in the agricultural biotechnology sector, targeting farmers with a focus on seeds, tissue culture technologies, and emerging digital solutions for agricultural information needs, with historical exports of tissue culture products to countries including Holland, Spain, Belgium, and the USA. In a significant recent development, Rajendra Naniwadekar completed the acquisition of an additional 26% stake in September 2025, increasing his holding to over 50% from 24%, funded by internal resources through a tender offer managed by Bajaj Capital Holdings Ltd; the company also approved unaudited financial results for quarters ended June 30, 2025, and September 30, 2024, alongside board meetings for strategic approvals including potential registered office shifts and director appointments at its 34th annual general meeting in September 2024.