Spright Agro board to weigh bonus issue, dividend, and agri-tech expansion

Spright Agro Limited is scheduled to hold a board meeting on September 18, 2025, to consider a 10:1 bonus issue, a 100% dividend on equity share capital, and a strategic foray into agri-tech related businesses. The proposed bonus issue, capitalizing free reserves and/or securities premium, would result in ten bonus equity shares for every one equity share held.

For Q1FY26, the company reported revenue from operations of ₹62.02 crores, a 17.38% year-on-year increase from ₹52.88 crores in Q1FY25. Net profit for Q1FY26 surged by 46.63% year-on-year to ₹9.15 crores, up from ₹6.25 crores in Q1FY25. The company also completed agro commodity supply orders totaling ₹299 crores.

The potential agri-tech expansion includes exploring precision agriculture, unmanned aerial systems (drones), digital market infrastructure, post-harvest and supply-chain technology, farmer services platforms, and controlled-environment inputs, with evaluation of in-house builds, strategic alliances, technology licensing, or subsidiary formation.