In an effort to attract investors, small-cap company Spright Agro Ltd. has announced that a meeting of the Board of Directors will take place on Thursday, September 18, 2025, to discuss a bonus issue and dividend.
The Board of Directors will gather “To consider and approve, subject to shareholder and other requisite approvals, the issuance of bonus equity shares up to the ratio of 10:1 (i.e., ten bonus equity shares for every one equity share held) by capitalizing free reserves and/or securities premium, and to authorize incidental actions including Record Date,” said Spright Agro in a stock exchange filing.
Subject to the necessary permissions, the board of Spright Agro Ltd. will also take into consideration declaring or recommending a dividend of up to 100% on the company’s equity share capital for the current fiscal year.
“f any of the above proposals are approved by the Board, the Company will, in due course, intimate the Record Date(s) and other requisite details in terms of Regulation 42 of SEBI LODR and applicable laws/regulations,” said Spright Agro in a stock exchange filing.
In order to enhance and fortify the current agricultural value-chain activities, Spright Agro Ltd. has also declared that its Board would examine company expansion-a strategic foray into AgriTech-related enterprises. A proposal to start feasibility studies, pilots, and collaborations across a variety of innovative subjects will be examined by the Board. The evaluation may contemplate in-house builds, strategic alliances, technology licensing and/or subsidiary/SPV formation as per the company.
Mr. Akshaykumar Patel, Managing Director, Spright Agro Ltd, said, “The 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 firm recorded revenue from operations of Rs 62.02 crore for QIFY26, a 17.38% year-on-year growth over the Rs 52.88 crore reported for QIFY25. In comparison to the net profit of Rs 6.25 crores recorded in QIFY25, the total net profit for QIFY26 is reported at Rs 9.15 crores, representing a 46.63% year-on-year growth. During the 1st quarter of the current fiscal year, the company fulfilled orders for the delivery of agricultural commodities with several entities totalling Rs. 299 crore. The orders for Abhaynath Tradelink Pvt Ltd, Saize Enterprise Pvt Ltd, and Laxam Commtrade Pvt Ltd were Rs. 102 crore, Rs. 97 crore, and Rs. 100 crore, respectively.
Spright Agro Limited, formerly Tine Agro Limited, was established in 1994 and is involved in the development of forestry and agricultural operations.