Excel Crop Care Limited announced that Board Meeting held on November 02, 2017. At the Meeting of the Board of Directors held on 2nd November, 2017, it has been decided in-principle to wind up or otherwise close down Excel Crop Care (Australia) Pty Ltd., the Company’s wholly-owned subsidiary in Australia. The major function of the Australian subsidiary is to hold and maintain Product Registrations in Australia in respect of the Company’s products. The Company has made alternative arrangement for this purpose. In view of the same, the Board has decided in-principle to wind up or otherwise close down the subsidiary.