SML Ltd weighing IPO within 2 to 3 years, eyes new chemical entity pipeline

SML Ltd, a leading agri-inputs manufacturer, is contemplating a stock market listing in the next two to three years. With significant cash reserves, the company plans to invest in developing new chemical entities and proprietary molecules. While external factors have led to a reduction in their revenue targets for the fiscal year, SML Ltd is also diversifying its offerings into crop nutrition and biological protection.