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India, August 28, 2025: Harshil Agrotech Limited (BSE- 505336), today announced that its Board of Directors will meet on Friday, September 5, 2025, to discuss a set of key proposals aimed at enhancing shareholder value and expanding its business portfolio.

The meeting will be held at the company’s registered office and the agenda includes various points focusing on business development and shareholder value. The meeting will see discussion on Declaration of Interim Dividend as a means to reward shareholders through a potential dividend payout. Board will discuss Expansion into Spices Processing and Export to diversify product offerings and capture new markets. Lastly, to increase liquidity and strengthen shareholder confidence, Issue of Bonus Shares will also be discussed.

Commenting on the development, the management of Harshil Agrotech stated: “The proposals under consideration reflect our continued commitment to create sustainable value for our investors while strategically diversifying into high-growth sectors of the agri-business value chain. Expansion into spices processing and exports is a natural extension of our capabilities and offers immense opportunity given the strong global demand for Indian spices.”

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Recently the company reported excellent operational and financial performance for Q1FY26 that ended on June 30, 2025. The company reported a net profit of Rs. 6.52 crore for this quarter, compared to a net loss of Rs. 78.30 lakh in Q4FY25 and Rs. 90.11 lakh profit in Q1FY25, making it a 7-fold increase on Y-o-Y basis. For Q1FY26, Revenue from operations climbed to Rs 59.89 crore, in comparison to Rs 11.36 crore Revenue registered in Q1FY25.Earlier this year, Harshil Agrotech Limited received approval to raise Rs. 49.38 crore through a Rights Issue by offering 20.32 crore equity shares at Rs. 2.43 per share (Rs. 1 face value plus Rs. 1.43 premium). The issue was offered in a 2:5 ratio (2 rights equity shares for every 5 fully paid-up equity share) held on the record date of February 5, 2025. Proceeds from the issue were utilized to meet the working capital requirements of the company, general corporate purposes, and issue-related expenses. The issue was listed on the BSE following its closure on March 31, 2025. Harshil Agrotech Rights Issue got oversubscribed by 1.05 times by the end of the bidding period with total bid quantity received by BSE of 21,25,66,295 shares. The paid-up equity share capital of the Company has increased accordingly from 50,80,00,000 to 71,12,00,000 Equity Shares Capital.The Business of the company falls within a single primary segment, Trading & Manufacturing of Agriculture Products, maintaining a stable operational framework with no debt capital on its books. The company is also engaged in contract manufacturing for agricultural products such as Potato, Cucumber and Onion.The company provides Organic Farming Services to support farmers in transitioning to chemical-free farming methods that preserve soil health, protect biodiversity, and produce high-quality, organic crops. By embracing organic farming, the aim is to reduce the environmental impact of agriculture while offering consumers healthier, natural products. Organic farming also boosts the long-term profitability of farmers by opening access to premium markets.About Harshil Agrotech Limited:Incorporated in 1956, Harshil Agrotech Limited is engaged in the trading of agricultural commodities such as wheat, rice, maize, vegetables, Fruits including Apple, Red Dragon, and other agricultural products.The company provides Greenhouse Technology Services to assist farmers in improving their agricultural output by managing environmental factors for optimal plant growth. Through customized greenhouse solutions, they enable farmers to produce high-quality crops year-round, independent of external weather conditions.The company provides Organic Farming Services to support farmers in transitioning to chemical-free farming methods that preserve soil health, protect biodiversity, and produce high-quality, organic crops.

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