FilingReader Intelligence

Spright Agro declares interim dividend, explores AgriTech expansion

September 18, 2025 at 02:19 PM UTCBy FilingReader AI

Spright Agro Limited's board of directors, at their meeting on September 18, 2025, declared an interim dividend of Rs. 0.01 (1%) per equity share of face value Re.1 for the financial year ending March 31, 2026. The record date for determining eligible shareholders is Friday, September 26, 2025, with credit or dispatch slated for on or before Wednesday, October 15, 2025. The board also considered a resolution for bonus shares but deferred its issuance.

Concurrently, Spright Agro is embarking on a strategic entry into AgriTech-related businesses. This involves initiating feasibility studies, pilots, and partnerships across several technology themes, including precision agriculture, unmanned aerial systems (UAS/drones), digital market infrastructure, post-harvest and supply-chain technology, farmer services and data platforms, and controlled-environment and inputs.

The company plans to explore in-house builds, strategic alliances, technology licensing, and/or subsidiary or SPV formation for these AgriTech ventures. At this exploratory stage, no binding contracts or transactions have been entered into, and any material developments will be communicated separately.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:SPRIGHTBombay Stock Exchange

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