MUKTA AGRICULTURE LIMITED ‘Formerly known as Pearl Agriculture Limited) AAT Pan ee eae TSS oO ATH ‘Tel: 26778155 / 26797750 / 32459097 Fax: 26781187 | CIN: LO1403MH2011PL.C221387 Email: muktaagriculture@gmailcom Website: hea Date: 27% June, 2016 To ‘The Manager Department of Corporate Services, BSE Ltd, PhirozeeJeejeeboy Towers, Dalal Street, Fort, ‘Mumbal- 400 001 In continuation to the previous announcement made by our Company Mukta Agriculture Limited (hereinafter known as Mukta’) in regard to entering into a lease agreement for 190 bighas of land in the State of Gujarat, we hereby further announce that the Company in addition to the above stated 190 bighas of land, has entered into another lease agreement for 250 bighas of land extensively located in the Surendra Nagar district of Gujarat, ‘Mukta has been involved in cultivation and farming of varied agricultural products for more than a year now. Realizing the importance of seed and growing importance of seed in modern agriculture Mukta is further planning to get into seed research and supply. However through Organic farming we are able to make efficient use of locally available resources as well as the usage of adapted technologies (eg. soil fertility management, closing of nutrient cycles as far as possible, control of pests and diseases through management and natural antagonists). Mukta with this initiation of cultivating crops through organic modes would surely be able to benefit the nation in varied fashionas stated below: ‘+ It shall help in maintaining environment health by reducing the level of pollution. ‘+ It will reduce human and animal health hazards by reducing the level of residue in the product. ‘© Iewillhelp in keeping agricultural production ata higher level and making it sustainable. ‘+ Itwill reduce the cost of agricultural production and also improve the soil health. ‘+ It-will ensure optimum utilization of natural resources for short-term benefit and help in conserving them for future generation. + Ie will not only save energy for both animal and machine, but also reduce risk of crop failure. ‘+ twill improve the soil physical properties such as granulation, and good tilth, giving good aeration, easy root penetration and improve water-holding capacity.‘* It will improve the soils chemical properties such as supply and retention of soil nutrients, and promotes favourable chemical reactions. ‘Mukta has chosen to cultivate organic Alo-vera & Moringa. As per, the recent discussion with the farmers the richness of soil and the rising demand in the market for the organic produce it is more appropriate to produce organic Alo-vera & Moringa because of the several medicinal benefits offered by these crops such as gel of aloe-vera contains most of the bioactive compounds in the plant, including vitamins, minerals, amino acids and antioxidants which are enormously used in different industries like cosmetic, pharmaceutical and food industries. In light of the above, the Management with the vision to grow organically rich nation expressed their view as “The approach and outlook towards agriculture and marketing of food has seen a quantum change worldwide over the last few decades. In the name of growing more to feed the ‘earth, pesticide and other chemical residues in food and an overall reduced quality of food have led to a marked increase in various diseases, mainly various forms of cancer and reduced bodily immunity. This immense commercialization of agriculture has also had a very negative effect on the ‘environment. The use of pesticides has led to enormous levels of chemical build up in our ‘environment, in soil, water, air, in animals and even in our own bodiesWith the increase in population our compulsion would be not only to stabilize agricultural production but to increase it {farther in sustainable manner. This is where organic farming comes in.Our aspiration is to nurture our nation organically. Since the generat public is becoming more and more aware nowadays about the benefits of Organic Farming over traditional farming, thus this isthe time for corporates to grow into the cultivation & farming {for organic food so as to benefit the society as well as farmer to become self-sufficient in his requirements for agro-inputs and reduce his costs" With this comprehensive strategy to nurture our Company to a new height will surely be proven in the coming years. ‘Thisis for your information and records. Kindly acknowledge receipt of the same. ‘Thanking you, For Mukta Agriculture Limited (Formerly known as Pearl Agriculture Limited) AS Khuishboo Zota Company Secretary’