Spright Agro Limited Ltd to consider and approve 10:1 bonus issue, 100% Dividend and Foray into Agritech
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India, September 9, 2025: Board of Directors of Ahmedabad based Spright Agro Limited (BSE: 531205), a leading company in the agriculture sector specialising in contract farming and greenhouse technology is scheduled to meet on 18 September 2025 to consider and approve bonus issue, dividend and evaluate strategic foray into Agri-Tech related businesses.
Company is considering issuance of bonus equity shares up to the ratio of 10:1 (i.e., ten bonus equity shares for every one equity share held), subject to shareholder and other requisite approvals in the board meeting on 18th September. Bonus issue will be by capitalizing free reserves and/or securities premium in terms of Regulation 42 of SEBI LODR. Company also to consider recommendation of dividend up to 100% on the equity share capital of the Company for the current financial year, subject to applicable approvals in the board meeting.
In order to complement and strengthen existing agriculture value-chain operations, company to evaluated strategic entry into AgriTech related businesses. The evaluation may contemplate in-house builds, strategic alliances, technology licensing and/or subsidiary/SPV formation.
Mr. Akshaykumar Patel, Managing Director, Spright Agro Ltd, said, “Company has been actively strengthening its financial base to support growth and operational needs. As we move forward, we remain committed to sustaining this growth momentum with a continued emphasis on innovation and strengthening our leadership position in the market.”
The Board will review a proposal to initiate feasibility studies, pilots and partnerships across multiple technology of Agritech including:-
- Precision Agriculture & Farm Automation: Use of sensors/IoT, soil health probes, weather stations and AI/ML-driven analytics for variable-rate irrigation, nutrient application and yield optimization.
- Unmanned Aerial Systems (UAS/Drones): Agricultural drones for mapping, crop health monitoring (NDVI/remote sensing), targeted spraying and seeding; potential drone-as-a- service operating model compliant with applicable DGCA norms.
- Digital Market Infrastructure: Agriculture-oriented blockchain bidding/marketplace platforms enabling tamper-evident produce traceability, e-auctions, smart-contract based settlement, and transparent price discovery for farmers, FPOs and institutional buyers.
- Post-Harvest & Supply-Chain Tech: Quality grading, IoT-enabled warehousing/cold-chain tracking, route optimization, and risk-management dashboards for minimizing post-harvest loss.
- Farmer Services & Data Platforms: Farm-management software (SaaS), advisory tools, credit-scoring data rails for input finance/insurance, and compliance modules aligned to applicable agri-standards.
- Controlled-Environment & Inputs: Evaluating pilots in greenhouses/CEA, hydroponics and allied inputs where technology demonstrably enhances productivity and quality.
For Q1FY26, the company has reported Rs 62.02 crore revenue from operations, a Y-o-Y growth of 17.38% compared to Rs 52.88 crore revenue from operations reported in Q1FY25. Total Net Profit for Q1FY26 is reported at Rs 9.15 crores, a 46.63% Y-o-Y growth compared to Net Profit of Rs 6.25 crores reported in Q1FY25.
Company has completed total of Rs. 299 crore worth of agro commodity supply orders with various entities. Among these, Rs. 102 crore orders were executed for Abhaynath Tradelink Pvt Ltd, Rs. 97 crore for Saize Enterprise Pvt Ltd and Rs. 100 crore for Laxam Commtrade Pvt Ltd.
About Spright Agro Limited:
Founded in 1994, Spright Agro Limited, formerly known as Tine Agro Limited, develops agricultural and forestry operations. Company’s mission is to nourish communities and drive sustainable growth through innovative, responsible food and agriculture solutions. The company’s vision is to become a global leader in the agri-food sector, ensuring access to safe, healthy food while promoting sustainability and social impact.
The company plants, grows, cultivates, produces and breeds various agricultural and forestry crops, horticultural crops, greenhouses, net houses, medicinal and aromatic plants in owned and/or leased farms and operates as a manufacturer, importer and exporter, wholesaler, retailer and trader of all types of agricultural and other commodities.
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