Budget 2025 Impacts on Bombay Super Hybrid Seeds Limited PDF

BOMBAY SUPER HYBRID SEEDS LIMITED Plot No. 8-9-10-11, Shreenathji Industrial Estate, Near Kuvadva GIDC, N.H. 27, Kuvadva-360 023. Dist. RAJKOT. (Gujarat) India - CIN No. L01132GJ2014PLC080273...

BOMBAY SUPER HYBRID SEEDS LIMITED Plot No. 8-9-10-11, Shreenathji Industrial Estate, Near Kuvadva GIDC, N.H. 27, Kuvadva-360 023. Dist. RAJKOT. (Gujarat) India - CIN No. L01132GJ2014PLC080273 February 01, 2025 Ref. BSHSL\NSE\Updates/General Announcement To, National Stock Exchange of India Ltd. Exchange Plaza, Plot no. C/1, G Block, Bandra-Kurla Complex, Bandra (E) Mumbai - 400 051 Ph: (022)-26598100-8114 Fax No: (022)-26598120 Sitharaman SUB: Updates as Company expects favorable growth due to Budget 2025: Nirmala announces reforms to boost agriculture, farmers Script Symbol: BSHSL Dear Sir / Madam, as Budget 2025: Please find attached Managing Director's statement and opinion titled Nirmala Sitharaman announces reforms to boost agriculture, farmers. Please acknowledge the receipt. Thanking You, Yours Faithfully, For Bombay Super Hybrid Seeds Limited Digitally signed by Kakadiya Kakadiya Arvind Jadavji Arvind Jadavji Date: 2025.02.01 21:18:31 +05'30' ARVINDKUMAR J. KAKADIA MANAGING DIRECTOR DIN: 06893183 Encl.: as above on under Regulation Note: This is voluntary submission and not to be considered as an intimati 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015. Sources: (1) https://pib.gov.in PressReleaselframePage.aspxePRID=2098352 (2)https://www.indiatoday.in, budget/story, budget-2025-finance-minister-nirmala- sitharaman-reforms-boost-agriculture-farmers-2673224-2025-02-01 > +91 06879 66796 - +91 98984 00458 (-1 [email protected] & www.bombaysuperseeds.com m : Race Course Road, Rajkot. A/C No. : 009881300001880 - IFSC Code : YESB0000098 - Branch  BOMBAY SUPER HYBRID SEEDS LIMITED Plot No. 8-9-10-11, Shreenathji Industrial Estate, Near Kuvadva GIDC, N.H. 27, Kuvadva-360 023. Dist. RAJKOT. (Gujarat) India - CIN No. L01132GJ2014PLC080273 farmers Budget 2025: Nirmala Sitharaman announces reforms to boost agriculture, Dear Valued Stakeholders, my thoughts on the Union Budget 2025-26 presented by Hon'ble | am pleased fo share d several initiatives aimed Finance Minister Smt. Nirmala Sitharaman. The budget has outline y. at boosting agriculture, farmers' welfare, and the overall econom government's focus on this As a company deeply involved in agriculture, we welcome the tions for our business and critical sector. The budget announcements have significant implica the agricultural sector as a whole. Budget Highlights: of development, 1. Agriculture: The budget recognizes agriculture as one of the four engines ure is expected fo benefit along with MSME, investment, and exports. This focus on agricult 1.7 Crore farmers. so the focus on agriculture Impact on BSHSL: Our Company is doing business all over India ted to the poor farmers for is expected to benefit 1.7 Crore farmers that will be benefi r. Hence the Company expects purchasing seeds and expending on cultivation & fertilize benefits too. has announced a new 2. Prime Minister Dhan-Dhaanya Krishi Yojana: The government fication, augment post- scheme to increase agricultural productivity, adopt crop diversi facilitate availability of long-term and harvest storage, improve irrigation facilities, and with states. short-term credit. This initiative will cover 100 districts in partnership distribution dealers in the Impact on BSHSL: Our Company has 200+ varieties and more in our channels. most of districts across the 22 States so we expect benefits Pulses & edible Oilseeds: A six-year mission has been 3. Mission for Aatmanirbharta in on Edible Oilseeds like Groundnut, Soybean, Sunflower, launched with a special focus es (NAFED and NCCF) will Sesame efc & Pulses like Tur, Urad, and Masoor. Central agenci encouraging farmers to procure these pulses from farmers, ensuring a stable market and Mission on Edible Oilseeds & increase production. It was also earlier announced Nation into Oilseeds cultivation by under these 40 lakh hectares of more area will be converted replacing Rice & Potato. & Development (R&D) Impact on BSHSL: Our Company has been doing a lot of Research and Urad. We have been in Oilseeds like Groundnut, Soybean etc. & Pulses like Tur image among farmers and supplying all of these in the market with strong, reputed brand growth in future. recently we supply 20,264.758 tons per year so we expect Q> +9196879 66796 - +91 98984 00458 [ [email protected] @ www.bombaysuperseeds.com m A/C No. : 009881300001880 - IFSC Code : YESBO000098 - Branch : Race Course Road, Rajkot.  BOMBAY SUPER HYBRID SEEDS LIMITED Plot No. 8-9-10-11, Shreenathji Industrial Estate, Near Kuvadva GIDC, N.H. 27, Kuvadva-360 023. Dist. RAJKOT. (Gujarat) India - CIN No. L01132GJ2014PLC080273 4. Increased Loan Limits for Kisan Credit Cards: The government has increased the loan limits from Rs. 3 lakh to Rs. 5 lakh for loans taken through Kisan Credit Cards under the modified interest subvention scheme. This will provide much-needed financial support to our farmers. Impact on BSHSL: Small farmers require finance for purchasing seeds and fertilizers for farming so the category covered by the Government from Rs. 3 lakh fo Rs. 5 lakh for loans taken through Kisan Credit Cards that will be beneficial for sowing and cultivating. This expects good farming and growth of these farmers. 5. Comprehensive Programme for Vegetables & Fruits: The budget has outlined measures fo promote the production and marketing of vegetables and fruits, which will benefit our company's operations in this segment. Impact on BSHSL: We have almost all varities in vegetables and we have been doing lot of R&D in it and we are going to launch these varities or products in PAN India. 6. National Mission on High Yielding Seeds: The government has announced a mission to promote the development and use of high-yielding seeds, which will enhance agricultural productivity and farmers' income. Impact on BSHSL: Our Company have 20+ high yielding varities in Research Groundnuts, 5+ high yielding varities in Research Wheat and 10+ high yielding varities in Research Gram. Already these varities have been performing well in the market so the Company expects more growth in it. Also Company have been doing lot of R&D in Vegetables which will be more beneficial to our Company and Company's growth. The company is getting breeder seeds from the Ministry of Agriculture, New Delhi & one of the major players among seed companies. 7. Tax Reforms: The budget has introduced tax reforms, including a new tax regime with lower tax rates and a simplified tax structure. This will benefit the middle class and increase household savings and consumption. Impact on BSHSL: a new tax regime with lower tax rates and a simplified tax structure will benefit the middle class. 8. Fiscal Deficit: The government has estimated a fiscal deficit of 4.8% for FY25 and aims o reduce it to 4.4% in FY26. Impact on BSHSL: This point is also beneficial to our Company. 9. MSME Support: The budget has announced significant support for MSMEs, including an enhancement of credit with guarantee cover from Rs. 5 Crore fo Rs. 10 Crore. Impact on BSHSL: This point is beneficial to our Company. { +9196879 66796 - +91 98984 00458 [ [email protected] @& www.bombaysuperseeds.com m A/C No. : 009881300001880 - IFSC Code : YESB0OD0098 - Branch : Race Course Road, Rajkot.  BOMBAY SUPER HYBRID SEEDS LIMITED Plot No. 8-9-10-11, Shreenathji Industrial Estate, Near Kuvadva GIDC, N.H. 27, Kuvadva-360 023. Dist. RAJKOT. (Gujarat) India - CIN No. L01132GJ2014PLC080273 10. Investment and Exports: The budget has outlined measures to promote investment and exports, including a national manufacturing mission and a comprehensive programme for textiles and apparel. Impact on BSHSL: In a very broader sense, this point is also beneficial to our Company. Overall Impact on Our Company: We believe that these initiatives will have a positive impact on our business and the agricultural sector as a whole. As our company is in agriculture seeds sector since generations with strong brand image & this budget has all major stimulation factors for our established business. The increased focus on agricultural productivity, farmers' welfare, and rural development will create new opportunities for our company to grow and contribute to the nation's development. Conclusion: We welcome the government's efforts to boost agriculture and farmers' welfare. We are committed fo leveraging these opporfunities and contributing to the growth and development of our nation. We will continue to monitor the implementation of these iniiatives and explore ways to collaborate with the government and other stakeholders to achieve our shared goals. Thank you for your continued support. Sincerely, For Bombay Super Hybrid Seeds Limited Kakadiya Digitally signed by Kakadiya Arvind Jadavji Arvind Jadavji Date: 2025.02.01 21:19:08 +05'30' ARVINDKUMAR J. KAKADIA MANAGING DIRECTOR DIN: 06893183 > +9196879 66796 - +91 98984 00458 ) info@bombaysuperin @ www.bombaysuperseeds.com m A/C No. : 009881300001880 - IFSC Code : YESB0000098 - Branch : Race Course Road, Rajkot.