Harshil Agrotech Limited will hold a board meeting on September 5, 2025, at its Ahmedabad registered office to consider key proposals aimed at boosting shareholder value and business growth.
The agenda includes the declaration of an interim dividend, approval of a bonus shares issue, and a strategic move to expand into spices processing and export markets. This business diversification is targeted at tapping into the robust global demand for Indian spices.
The board will deliberate on rewarding shareholders through an interim dividend, strengthening equity through bonus shares, and diversifying product offerings by entering the spices segment. The company’s management emphasises this expansion as a natural extension of its existing agri-value chain capabilities, enhancing long-term growth prospects.
Previously this year, Harshil Agrotech successfully raised ₹49.38 crore via a Rights Issue to support its working capital and corporate purposes. The share capital increased significantly from 50.80 crore to 71.12 crore equity shares following the oversubscribed issue.
For Q1 FY26 ended June 30, 2025, Harshil Agrotech reported a net profit of ₹6.52 crore, a 624% year-on-year rise from ₹0.90 crore in Q1 FY25 and a positive turnaround from a net loss of ₹0.78 crore in the previous quarter. Revenue surged to ₹59.89 crore from ₹11.36 crore a year earlier, demonstrating strong operational momentum.
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Established in 1956, the company trades agricultural commodities including wheat, rice, maize, fruits, and vegetables. It provides organic farming and greenhouse technology services to support sustainable agriculture and improve crop yields year-round. The planned expansion into spice processing will complement its existing portfolio, targeting export markets for high-quality Indian spices.
On August 29, 2025, Harshil Agrotech share price opened at ₹1.38 on BSE, above the previous close of ₹1.32. During the day, it surged to ₹1.38 and dipped to ₹1.38. The stock is trading at ₹1.38 as of 9:23 AM. The stock registered a significant gain of 4.55%.
Over the past week, it has moved up by 9.52%, over the past month, it has moved up by 6.15%, and over the past 3 months, it has declined by 22.03%.
The upcoming board meeting of Harshil Agrotech could mark a significant phase in its growth trajectory, with potential interim dividends, bonus shares, and entry into spices processing. Supported by strong quarterly results and a recent capital raise, the company is set to strengthen shareholder value and strategically diversify its agri-business portfolio.
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Published on: Aug 29, 2025, 1:21 PM IST
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