The present invention relates to pesticidal composition comprising of an Anthranilamide and at least one fungicide. The present invention also relates to the method of preparing the said composition, wherein Anthranilamide may be selected from Chlorantraniliprole or Flubendiamide and fungicide is selected from Azoxystrobin, Difenoconazole, Flusilazole, Cyproconazole, Epoxiconazole, and Prothioconazole with the proviso that Azoxystrobin is not combined with Chlorantraniliprole. The present invention also provides a method of controlling or preventing pathogenic damage or pest damage in a plant propagation material, a plant, parts of a plant and/or plant organs that grow at a later point in time with the use of pesticidal composition of present invention.