About Elegant Floriculture & Agrotech (India) Limited

Elegant Floriculture & Agrotech (India) Limited is a floriculture company engaged in the production and sale of cut flowers. It operates from a registered office at Gut No. 358, Village Mouje Kashal, Taluka Maval, Vadgaon, Pune – 412 106, with a corporate office at Shop No. 17, APMC Market Yard, Mota Chiloda, Gandhinagar – 382 355 (CIN: L01110PN1993PLC217724; website: www.elegantflora.in). The company’s cultivation and processing facility is located in Village Mouje Kashal, Taluka Maval, Vadgaon, District – Pune.

The business focuses on cut flowers, with detailed quantitative disclosures indicating in-house production and sales during the year. For FY 2024-25, the company reported production of 16,11,643 cut flowers (Nos.) and sales of 15,72,193 (Nos.), reflecting its core operational activity in floriculture. Revenue from operations is driven by sale of flowers; there were no export sales recorded in the year, underscoring a domestic-market orientation during the period. The company’s annual reporting underscores that it operates in a single reportable segment.

As of the latest year, Elegant Floriculture & Agrotech does not have any subsidiaries, joint ventures or associate companies; the number of subsidiaries is 0. This 32nd Annual Report signals a longstanding operating track record for the company. Its equity shares are listed on BSE Limited, and 91.17% of the paid-up equity share capital is dematerialised as on March 31, 2025. The company disclosed no income or expenditure in foreign currency for the year.

Elegant Floriculture & Agrotech (India) Limited Key Management

• Mangesh Parashram Gadakh – Whole-Time Director
• Hardik Dineshbhai Trivedi – Director and Chief Financial Officer
• Priya Gupta – Company Secretary

Latest Updates on Elegant Floriculture & Agrotech (India) Limited

• Preferential Warrants: On November 26, 2024, the company issued and allotted 57,00,000 warrants at a subscription price of Rs.2.50 per warrant. Each warrant entitles the holder to subscribe to one equity share of Face Value Rs.10 at an exercise price of Rs.7.50 (effective price Rs.10 per equity share), allotted to non-promoters on a preferential basis.
• Promoter Reclassification: The company completed a reclassification process wherein certain shareholders moved from the “Promoter/Promoter Group” category to the “Public” category. The Board approved the proposal on May 29, 2024; shareholders approved it at the 31st AGM on August 27, 2024; and BSE granted approval on February 6, 2025.
• Corporate Actions and Listing: The equity shares remain listed on BSE Limited, and the company confirmed payment of listing fees for FY 2024-25. Dematerialisation stood at 91.17% of paid-up equity as on March 31, 2025.
• Proposed Shift of Registered Office: A resolution for shifting the registered office from one state to another, along with alteration of the Memorandum of Association, was placed before shareholders at the 32nd AGM scheduled on September 29, 2025.