Spright Agro Limited Secures ₹283.77 Crore Annual Oilseed Supply Agreement for FY 2025-26

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.95%	+2.91%	-30.26%	-73.57%	-82.03%	+523.53%

Spright Agro Limited (formerly known as Tine Agro Limited) has announced several significant developments in its recent board meeting, including an interim dividend declaration and plans to explore AgriTech business opportunities.

Interim Dividend Announcement

The board of directors of Spright Agro Limited has declared an interim dividend of ₹0.01 per equity share, representing a 1% dividend on the face value of ₹1 per share for the financial year ending March 31, 2026. Shareholders on record as of September 26, 2025, will be eligible to receive the dividend, which is scheduled to be distributed by October 15, 2025.

Deferral of Bonus Share Issuance

After careful consideration and evaluation, the company has decided to defer its previously proposed issuance of bonus shares. The board thoroughly deliberated on the matter before reaching this decision.

Exploration of AgriTech Business Opportunities

In a strategic move, Spright Agro Limited has approved the exploration of various AgriTech business opportunities. The company plans to conduct feasibility studies, pilot projects, and form partnerships across multiple technology-driven agricultural domains. These include:

Precision Agriculture & Farm Automation: Utilizing sensors, IoT devices, soil health probes, and weather stations coupled with AI/ML-driven analytics for optimizing irrigation, nutrient application, and yield.
Unmanned Aerial Systems (UAS/Drones): Deploying agricultural drones for mapping, crop health monitoring, targeted spraying, and seeding, potentially offering drone-as-a-service models compliant with DGCA norms.
Digital Market Infrastructure: Developing agriculture-oriented blockchain platforms for produce traceability, e-auctions, smart-contract based settlements, and transparent price discovery mechanisms.
Post-Harvest & Supply-Chain Technology: Implementing IoT-enabled warehousing, cold-chain tracking, route optimization, and risk-management systems to minimize post-harvest losses.
Farmer Services & Data Platforms: Creating farm-management software (SaaS), advisory tools, credit-scoring data systems for input finance and insurance, and compliance modules aligned with agricultural standards.
Controlled-Environment Agriculture: Evaluating pilots in greenhouses, hydroponics, and related inputs where technology can enhance productivity and quality.

The company is considering various approaches to pursue these opportunities, including in-house development, strategic alliances, technology licensing, and potential subsidiary or special purpose vehicle (SPV) formation.

Cautionary Note

Spright Agro Limited emphasized that these AgriTech initiatives are currently in the exploratory stage, and no binding contracts or transactions have been entered into at this time. The company has committed to informing the stock exchange of any material developments or definitive agreements resulting from this evaluation, in compliance with SEBI LODR regulations and other applicable laws.

The board meeting where these decisions were made commenced at 6:00 PM and concluded at 7:15 PM on September 18, 2025.

Investors and stakeholders are advised to monitor further announcements from the company regarding the progress of these initiatives and their potential impact on Spright Agro Limited's future operations and financial performance.