Spright Agro Limited Extends Dividend Payment Deadline to October 17, 2025

Spright Agro , formerly known as Tine Agro Limited, has announced an extension to its dividend payment deadline. The company's Board of Directors approved this decision during a meeting held on October 15, 2025.

Key Details of the Extension

Aspect	Details
Original Payment Deadline	October 15, 2025
New Payment Deadline	October 17, 2025
Reason for Extension	Unforeseen circumstances
Board Meeting Date	October 15, 2025
Meeting Duration	6:00 PM to 7:00 PM

Background and Context

The extension follows a previous resolution passed by the Board of Directors during their meeting on September 18, 2025. This decision underscores the company's commitment to ensuring smooth dividend distribution to its shareholders while navigating unexpected challenges.

Management Statement

Akshaykumar Natubhai Patel, the Managing Director of Spright Agro, signed off on the official communication to the BSE Limited, ensuring transparency and compliance with regulatory requirements.

This extension provides shareholders with additional time to prepare for the dividend receipt, while allowing the company to address any unforeseen issues that may have arisen in the dividend distribution process.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.72%	+13.27%	-23.45%	-71.76%	-80.21%	+552.94%

Spright Agro Limited has announced a significant business development, signing an Annual Supply Agreement with Naadir Traders Private Limited for the fiscal year 2025-26. The agreement, valued at ₹283.77 crores, encompasses the supply of various oilseed commodities, marking a strategic move to strengthen the company's position in the agri-trading sector.

Key Agreement Details

The contract, executed in the ordinary course of business, covers five oilseed commodities:

Product	Quantity (MT)	Rate (₹/Kg)	Contract Value (₹)
Natural Soybean Oil Seeds	3,275	45.50	14,89,62,500
Celastrus Paniculatus Oil Seeds	205	155.00	3,17,75,000
Dry Seeds Natural Alsi (Flax Seeds)	1,825	70.00	12,77,50,000
Black Sunflower Oil Seeds	740	98.00	7,25,20,000
White Hulled Sunflower Seeds	910	205.00	18,65,50,000

The agreement is structured on a fixed-rate annual supply basis with quarterly dispatches. It allows for a 5% quantity tolerance per shipment to account for seasonal variations in agricultural produce.

Strategic Implications

This agreement represents a significant operational milestone for Spright Agro Limited, aligning with its strategy to scale its agri-trading and oilseed supply verticals. The long-term nature of the contract provides several benefits:

Strong revenue visibility for FY 2025-26
Ensures consistent supply chain utilization
Supports the company's focus on profitability and growth within the agro and oilseed value chain

Financial Impact

The transaction is expected to contribute positively to the company's turnover and strengthen its order book for the financial year 2025-26. The agreement does not fall within the ambit of related party transactions as defined under SEBI regulations and the Companies Act, 2013.

Regulatory Compliance

Spright Agro Limited has made this disclosure voluntarily, adhering to the principles of transparency and good corporate governance. The company has stated that it will make further disclosures in accordance with Regulation 30 of SEBI (LODR) Regulations, 2015, should there be any material variations or subsequent developments pertaining to this agreement.

As the agri-commodity sector continues to evolve, such strategic agreements highlight the importance of secure supply chains and long-term partnerships in the industry.