Agrinnovate India Limited Pays Dividend of Rs.1.42 crore for FY 2023–24

Agrinnovate India Limited (AgIn), a Government of India enterprise under the Department of Agricultural Research and Education (DARE), Ministry of Agriculture and Farmers Welfare, has declared a dividend of Rs.1,42,23,513 for the financial year 2023–24. The dividend distribution complies with guidelines issued by the Department of Investment and Public Asset Management (DIPAM). This is the first time the AgIn has paid the dividend since its inception.

The dividend cheque was formally presented to Union Minister for Agriculture and Farmers’ Welfare  Shri Shivraj Singh Chouhan in New Delhi today. The event was also graced by the presence of Secretary, Department of Agriculture & Farmers’ Welfare Dr. Devesh Chaturvedi and Director General, Indian Council of  Agricultural Research (ICAR) Dr. M.L. Jat. This announcement reflects AgIn’s continued financial strength and strategic vision, under the leadership of Dr. Praveen Malik, Chief Executive Officer, Agrinnovate India Ltd. 

Established in 2011, Agrinnovate India Ltd. serves as the commercial arm of ICAR, bridging agricultural research and practical implementation. AgIn plays a pivotal role in transferring, valorizing, and scaling agri-technologies across India to benefit farmers and entrepreneurs. The dividend declaration underscores AgIn’s commitment to financial sustainability, institutional accountability, and its broader mission of advancing India’s agricultural innovation ecosystem.

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