SC Agrotech has approved a 10-for-1 stock split along with a 4:5 bonus share issue, subject to shareholder and regulatory approvals. The corporate actions come after the agricultural and biotechnology company reported a sharp rise in revenue and profit for the September quarter.
Mumbai, November 13 — SC Agrotech Limited’s board has approved a 10-for-1 stock split and a bonus issue of four shares for every five shares held, the agricultural and biotechnology company said on Friday.
Under the proposed restructuring, each existing equity share will first be subdivided into 10 shares.
Following the stock split, eligible shareholders will receive four bonus shares for every five shares held, subject to the applicable record dates and necessary approvals.
Authorised capital to increase by ₹61 crore
The company’s board has also approved an increase of ₹61 crore in its authorised equity share capital.
SC Agrotech has scheduled an Extraordinary General Meeting (EGM) for December 11, 2026, to seek shareholders’ approval for the proposed measures.
The company did not declare a dividend at the board meeting.
However, it said the dividend matter would be reconsidered in a subsequent quarter.
Net profit jumps nearly 48-fold
The corporate actions come after SC Agrotech reported strong financial performance for the September quarter.
The company’s standalone net profit surged nearly 48-fold year-on-year to ₹10.21 crore, compared with just ₹0.21 crore in the corresponding quarter of the previous year.
Revenue from operations also registered a sharp increase.
Quarterly revenue jumped more than 800% to ₹45.26 crore, compared with ₹5.02 crore in the year-ago period.
Half-year profit reaches ₹19.77 crore
SC Agrotech’s performance during the first half of the financial year also showed significant improvement.
Its net profit for the half year reached ₹19.77 crore, compared with ₹3.34 crore reported for the entire FY26.
The numbers underline the company’s rapid expansion during the current financial year.
AgriBridge platform launched
Alongside the expansion of its core trading operations, SC Agrotech has recently launched AgriBridge, a digital agriculture platform.
The platform is designed to connect farmers, suppliers and institutional buyers.
According to the company, AgriBridge has a hypothetical expansion scenario of ₹1,000 crore in annual gross merchandise value (GMV).
The proposed stock split and bonus issue remain subject to shareholder and regulatory approvals, with the company’s December 11 EGM set to be the next important step in the process.
