Spright Agro Limited, formerly known as Tine Agro Limited, has executed an annual supply agreement valued at ₹283.77 crore with Naadir Traders Private Limited for FY26. The agreement covers the procurement and dispatch of various oilseed commodities, marking a major operational milestone for the Ahmedabad-based agri-trading company.
The contract, executed under standard commercial terms, spans one year and includes quarterly deliveries of oilseeds. It is structured as a fixed-rate agreement, allowing a permissible quantity variation of +5% per shipment due to seasonal fluctuations.
The total annual contract value stands at ₹283,77,87,500, with individual consignment values of ₹56,75,57,500. The deal is classified as a non-related, arm’s-length transaction under SEBI (LODR) Regulations, 2015.
The supply agreement covers key oilseed varieties, including Natural Soybean Oil Seeds (3,275 MT at ₹45.50/kg), Celastrus Paniculatus or Malkangani Seeds (205 MT at ₹155/kg), Dry Alsi or Flax Seeds (1,825 MT at ₹70/kg), Black Sunflower Seeds (740 MT at ₹98/kg), and White Hulled Sunflower Seeds (910 MT at ₹205/kg). Collectively, these consignments form the core of the ₹283.77 crore annual contract.
Read More: e-NAM Platform Expanded: 9 New Commodities Added To Boost India’s largest Digital Agri-Trade Platform!
This agreement strengthens Spright Agro Limited’s position in India’s oilseed trading segment. It provides steady revenue visibility for FY26 and optimises capacity utilisation across its supply chain. By securing long-term supply commitments, the company ensures stability in procurement operations and enhances its focus on profitability and value-chain expansion in the agricultural sector.
According to the company’s filing, the agreement was executed in the ordinary course of business and does not constitute a related party transaction. No regulatory approvals were required, and the contract includes standard commercial termination clauses. The company has emphasised that the disclosure was made voluntarily to uphold transparency and good corporate governance practices.
On October 14, 2025, Spright Agro share price opened at ₹1.01 on BSE, above the previous close of ₹0.97. During the day, it surged to ₹1.01 and dipped to ₹1.00. The stock is trading at ₹1.01, hitting the upper circuit with a significant gain of 4.12%.
Over the past week, it has declined by 7.41%, over the past month, it has declined by 37.11%, and over the past 3 months, it has declined by 64.16%.
The ₹283.77 crore agreement with Naadir Traders Private Limited marks a significant step forward for Spright Agro Limited. It enhances revenue visibility, strengthens its supply chain, and reinforces the company’s strategy of scaling its agri-trading and oilseed business operations through sustainable and diversified partnerships.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities are subject to market risks. Read all related documents carefully before investing.
Published on: Oct 14, 2025, 1:22 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
