Saptarishi Agro Industries Ltd engages in the cultivation, processing and export of mushrooms and allied agro-based products; offers button, shiitake, milky and oyster mushrooms; provides exotic vegetables including cherry tomato, broccoli, red cabbage, sweet pepper in red, green and yellow varieties, leek, parsley and celery; conducts trading activities in agro commodities; and has expanded into frozen fruits, vegetables and ready-to-cook French fries under the FRAYTOZ brand. Established in 1992 and headquartered in Kancheepuram District, Tamil Nadu with operational offices in Ahmedabad, Gujarat, the company serves domestic and export markets across India and international destinations as a publicly listed entity on the Bombay Stock Exchange under ticker SPTRSHI.BO. It operates in the agricultural products and services industry, focusing on food processing segments with a small workforce of approximately six employees and promoter holding of nearly 75%.
The company recently launched its premium French fries production line with modern processing technology targeting domestic and export consumers; introduced the FRAYTOZ brand for frozen fruits and vegetables following regulatory approvals; commenced the first phase of its Growth Town residential land development project and plans a second phase; established a state-of-the-art Integrated Mushroom Farm in North Gujarat featuring mycelia and compost production, advanced cultivation systems and post-harvest processing units; and rescheduled capacity addition initiatives as per 2024-2025 announcements. In 2024, insiders Ravjibhai Patel, Krunal Patel, Rushabh Patel and Indiraben Patel acquired additional stakes totaling around 2.9% to 25.2%, bolstering promoter control amid revenue growth exceeding 92% to INR 79.43 crore for FY 2025. Key leadership changes include reappointment of Rushabh Ravjibhai Patel as Managing Director and Janayash Nareshbhai Desai as Whole Time Director in September 2024, alongside AGM approvals for strategic continuity.