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MARKET DEPTH

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HIGH/LOW

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1.263 days ago
1.303 days ago
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LOWER/UPPER CIRCUITS

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Spright Agro Ltd Stock performance
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KEY OBSERVATIONS

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positive
negative
neutral

Our researchers has found no immediate positive insights for this stock. We'll update this space as soon as we find something.

LONG-TERM PRICE ANALYSIS

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Stock return5Y CAGR : %
Net profit growth 5Y CAGR : 421.95%

About Spright Agro Limited

Spright Agro Limited is a public company headquartered in Ahmedabad, Gujarat, India, and listed on BSE. It traces its origins to April 20, 1994, when it was incorporated as Kansal Fibres Limited; the name changed to Tine Agro Limited on October 20, 2021, and to Spright Agro Limited on March 22, 2024, with approvals from the Central Government. The company’s objects were expanded over time from textiles to include dealing and trading in all types of agriculture goods, commodities and related materials, on both retail and wholesale basis. The registered office is at Office No. 1216, Shilp Epitom, Rajpath–Rangoli Road, Off Sindhu Bhavan Road, Bodakdev, Ahmedabad – 380054, Gujarat, India, and its equity shares are listed on the Bombay Stock Exchange (BSE).

Spright Agro’s operations are focused on agricultural commodities trading, supported by internal processes and governance frameworks detailed in its annual filings. As of the latest year, the company has no subsidiaries, associates, or joint ventures, and therefore reports on a standalone basis only (subsidiaries: 0). Key milestones in the latest period include the corporate name change to Spright Agro Limited effective March 22, 2024, and the submission of the 31st Annual Report to BSE in August 2025 ahead of the 31st AGM scheduled for September 22, 2025.

Spright Agro Limited Key Management

  • Akshaykumar Natubhai Patel – Managing Director & CFO
  • Krishna Vipinchandra Patel – Non-Executive, Non-Independent Director
  • Ankit Singhal – Additional Independent Director
  • Kanwar Nitin Singh – Additional Independent Director
  • Amit Bajaj – Additional Independent Director
  • Namrata Sharma – Additional Independent Director
  • Kanika Kumar – Company Secretary & Compliance Officer (appointed April 29, 2024)

Latest Updates on Spright Agro Limited

  • Corporate identity: The company changed its name from “Tine Agro Limited” to “Spright Agro Limited” with effect from March 22, 2024.
  • Governance and leadership: Board changes during 2024 included the appointment of four Additional Independent Directors and changes in the Company Secretary and Compliance Officer position (resignation on April 12, 2024, and new appointment on April 29, 2024).
  • Capital actions: During the latest year, the company issued bonus shares and additional equity shares, as reflected in the share capital movement disclosed in the Directors’ Report and notes to accounts.
  • Operations and segments: Management states that the company operates in a single segment, consistent with its focus on agriculture-related trading activities.
  • Compliance and internal controls: The Secretarial Auditor noted certain SEBI LODR compliance lapses (including related-party transaction disclosures), for which a fine was paid; management has assured that the issues will not recur. Statutory auditors reported no pending litigations, no long-term derivative contracts requiring provisions, and no amounts due to the IEPF, among other matters.
  • Financing and deposits: The company reported that it did not borrow from any bank or financial institution during the year and did not accept or renew any deposits, with none outstanding as at March 31, 2025.
  • AGM: The 31st AGM is scheduled for September 22, 2025, at the registered office in Ahmedabad.
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Frequently Asked Questions

The company is engaged in dealing and trading of agriculture goods, commodities and related materials, in both retail and wholesale formats.

Spright Agro Limited is based in Ahmedabad, Gujarat, India, and its shares are listed on BSE.

No. The company has no subsidiaries, associates or joint ventures as per the latest Annual Report.