BSECompany Update1d ago · 8 Nov 2026, 06:04 pm

Outcome of 2nd CoC meeting of M/s Spright Agro Limited held on 28th October 2026

Spright Agro Ltd · 531205

✦ AI SummaryInsolvency

Spright Agro Ltd has announced the outcome of its 2nd Committee of Creditors (CoC) meeting held on 28th October 2026. The meeting approved the expenses towards appointment of registered valuers, forensic auditor, and accountant for maintaining books of account. The company also invited expressions of interest for the purpose of inclusion in the Insolvency Resolution Process cost.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern8/10
Regulatory Risk9/10
Balance Sheet Risk6/10
Liquidity Impact4/10
Market Sentiment5/10

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Spright Agro Ltd - 531205 - Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors

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Date: 31/10/2026 The Department of Corporate Services, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001 Scrip Name: SPRIGHT AGRO LTD Scrip Code: 531205 ISIN: INE179O01031 Reg: Outcome of 2nd CoC Meeting of Committee of Creditors of ‘” M/s. Spright Agro Limited (Corporate Debtor) held on 28th October 2026 Ref: i) Intimation sent on 27.10.2026 regarding the convening of the 2nd meeting of Committee of Creditors of M/s. Spright Agro Limited ii) Disclosure under Regulation 30 of SEBI Listing Regulations, 2015 as amended iii) Vide order dated 24.09.2026 of Hon’ble National Company Law Tribunal Ahmedabad Bench in CP(IB)/86(AHM)/2026 M/s. Spright Agro Limited was admitted into Corporate Insolvency Resolution Process. Dear Sir / Madam, With reference to the captioned matter and pursuant to the compliances of Regulations 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended, please find below the outcome of the 2nd meeting of Committee of Creditors (‘CoC”) of the M/s. Spright Agro Limited (Corporate Debtor) held on 28.10.2026 Item Nos Agenda items of CoC meeting held on 28.10.2026 Outcome To ratify and reimburse the expenses towards appointment of registered valuers for valuation of assets of the corporate debtor and the same be 1 included in the Insolvency Resolution Process Cost Approved To take note of the appointment of the forensic auditor and ratify, reimburse and approve the forensic audit costs incurred for the purpose 2 of inclusion in Insolvency Resolution Process costs. Approved To take note and to ratify, reimburse and approve the appointment of accountant for maintaining books of account of corporate debtor for the 3 purpose of inclusion in Insolvency Resolution Process costs. Approved To consider and approve the cost for publication of form – G invitation for expression of interest for the purpose of inclusion in insolvency resolution process cost. 4 Approved Kindly take the same on record and acknowledge the receipt. Enclosed: Form-G : Invitation for Expression of Interest Thanking you, Yours faithfully, For Spright Agro Ltd. Rajesh Jasti Resolution Professional IBBI Registration No: IBBI/IPA-001/IP-P02317/2020-21/13469 Email ID for Correspondence: cirp.sprightagrolimited@gmail.com FORM G INVITATION FOR EXPRESSION OF INTEREST FOR M/s. SPRIGHT AGRO LIMITED (FORMERLY “TINE AGRO LIMITED” OR “KANSAL FIBRES LIMITED”) The Corporate Debtor is engaged in the business of commercial agriculture, primarily focusing on the domestic trading of agricultural products. It provides contract farming, greenhouse technology, modern agro farming, aeroponics, organic farming, and cold storage services. (Under sub-regulation (1) of regulation 36A of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016) SL. RELEVANT PARTICULARS 1. N ame of the corporate debtor along with M/s. SPRIGHT AGRO LIMITED PAN & CIN/ LLP No. CIN: L01100GJ1994PLC117990 PAN: AAACK6719M 2. A ddress of the registered office Office no. 1216, Shilp Epitom, Rajpath - Rangoli road, off Sindhubhavan Road, Bodakdev, Ahmedabad, Ahmadabad City, Gujarat, ,India, 380054 3. U RL of website Not Applicable as no website of the CD operates /working 4. D etails of place where majority of fixed Office no. 1216, Shilp Epitom, Rajpath - Rangoli road, assets are located off Sindhubhavan Road, Bodakdev, Ahmedabad, Ahmadabad City, Gujarat, ,India, 380054 5. I nstalled capacity of main products/ Information is not currently made available to RP. services 6. Q uantity and value of main products/ Revenue reported in BSE for last two annual reports services sold in last financial year respectively for the FY 2024-25 is Rs. 16487 Lacs and FY 2023-2024 is 7247 Lacs 7. N umber of employees/ workmen Information is not currently made available to RP. 8. F urther details including last available The same can be availed by sending a request financial statements (with schedules) of cirp.sprightagrolimited@gmail.com two years, lists of creditors are available at URL: 9. E ligibility for resolution applicants under The same can be availed by sending a request to – section 25(2)(h) of the Code is available cirp.sprightagrolimited@gmail.com at URL: 10. L ast date for receipt of expression of 13th November 2026 interest 11. D ate of issue of provisional list of 23rd November 2026 prospective resolution applicants 12. L ast date for submission of objections to 28th November 2026 provisional list 13. D ate of issue of final list of prospective 08th December 2026 resolution applicants 14. D ate of issue of information 13th December 2026 memorandum , evaluation matrix request for resolution plans to prospective resolution applicants 15. L ast date for submission of resolution 08th January 2027 plans 16. P rocess email id to submit Expression of cirp.sprightagrolimited@gmail.com Interest 17. D etails of the corporate debtor’s NA registration status as MSME Date: 29th October 2026 In the matter of M/s Spright Agro Limited Place: Hyderabad Sd/- Rajesh Jasti Resolution Professional Reg. No: IBBI/IPA-001/IP-P02317/2020-2021/13469 Correspondence Address of the Resolution Professional: Plot No 6, 1st Floor, Road No 2, Vasanth Nagar Near JNTU Metro, Kukatpally, Hyderabad-500085 Telangana, India.