Safex Chemicals India Limited

Established in 1991, Safex is one the fastest growing domestic agrochemicals company engaged in the production and distribution of agrochemical formulations across all major categories including insecticides, herbicides, fungicides, micro nutrients and specialized fertilizers. Company has grown at a CAGR of >40% over the last five years. It has a strong distribution network of c. 6,000 distributors spread across 14 states in Northern, Eastern and Western/Central regions. It has built a well-diversified portfolio across product categories ranging over more than 120 products. An investment by BanyanTree will enable Company to expand their capacity and meet its working capital requirement. BanyanTree has a representation on the Board.