By Admin 
Nirman agri gnetics ltd: The board of directors of the company construction Agri Genetics Limited, located in Nashik, Maharashtra, will be held on 30 September. The company produces better quality hybrid seeds, pesticides and bio-organic. Also, its processing and marketing work is also related. The meeting will discuss bonus shares (10 bonus shares on every 1 equity share), stock split, hydroponics and aquaponics sector and the work of the company’s functioning will be molded according to the agricultural trend of the new age.
Bonus can be announced on equity share
The company is considering giving bonus equity share to its share holders. It is currently subject to the approval of shareholders and many other approvals. The aim is to reward investors who trust the company and strengthen equity participation. Apart from this, in the meeting of the Board of Directors, the existing equity shares with a face value of Rs 10 will also be considered by split in 1:10 ratio and a large number of share issues will also be considered. This will increase the liquidity of the share and more shares of the company will also be added to the portfolio of shareholders.
This is also the plan of the company
The company is also thinking of increasing its scope in hydroponics and aquaponics sectors, keeping in mind the increasing demand for sustainable and water congestion based agriculture and pesticides-free production. Given the need for low productivity and low water agricultural solutions in India, this step will give the company a chance to avail research and development (R&D) capacity, gain premium margin and ensure access to fresh vegetables, herbs and many other crops in both domestic and export markets.
The company’s managing director Pranav Kailas Bagal said, “This proposal has been prepared not only to increase the value for shareholders and to increase the appeal in the market of our shares, but also to connect our operation with state -of -the -art agricultural techniques. By doing this, we aim to increase profitability, speed up long-term development and lead the company to lead the company in the field of digital change in sustainable farming, priced agricultural, biotechnology and agri-scrips. ”
Financial performance of the company in FY24-25
Operational Revenue- 236.51 Crore (Annual Growth of 273 percent)
Net Profit- 25.28 Crore (Annual Growth of 143 %)
Fourth quarter results of FY25
Operational Revenue- 62.99 Crore (Annual Growth of 208 percent, 20.46 Crore in Q4Fy24)
Net Profit- 6.92 Crore (Annual Growth of 107 percent, 3.34 crore in Q4Fy24)
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