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
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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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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.