Synopsis:
During the 8th Annual General Meeting, Upsurge Seeds of Agriculture Limited announced September 26 as the record date for issuing bonus shares in the ratio of 3:7.
The shares of the company are engaged in cultivating and producing seeds on leased farmland, are in focus after the announcement of the record date for its bonus issue.
With a market capitalization of Rs.182.14 crore, the shares of Upsurge Seeds of Agriculture Limited were trading at Rs.258, down by 4.44 percent from the previous day’s closing price of Rs.270.
What’s the news?
During the 8th Annual General Meeting, Upsurge Seeds of Agriculture Limited has fixed 26th September, 2025, as the record date for the issuance of bonus shares in a 3:7 ratio. It indicates that shareholders will receive 3 (three) additional shares with a face value of Rs.10 for every 7 (seven) shares they hold as on the record date.
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About the Company & Financials
Upsurge Seeds of Agriculture Limited is a technology-driven seed manufacturer engaged in growing, developing, processing, and marketing a variety of seeds for field crops and vegetables. The company also offers different seed varieties for each crop, including Groundnut, Sesame, Wheat, Gram, Cumin, Mung, Rajka, Onion, Coriander, and Spinach, among others. It uses breeder seeds, which are genetically pure seeds produced from original nucleus seed stock.
These breeder seeds are procured from recognized sources such as Mahatma Phule Krishi Vidyapeeth, Rajasthan Agricultural Research Institute, and the Indian Agricultural Research Institute.
In H2FY25, the company’s operating revenue rose to Rs.86 crore from Rs.60 crore in H2FY24. Net profit also grew to Rs.6 crore compared to Rs.5 crore for the same period. The return on equity is 16.9 percent, and the return on capital employed is 13 percent. Stock is trading at a P/E of 21.46 compared to industry average of 20.95.
Written By Jhanavi Sivakumar
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