Archive · 17 Dec 2025
Hong Kong FII to Acquire 24% in Auri Grow India
A company called Auri Grow India is getting a lot of attention because a big investor from Hong Kong wants to buy a quarter of the company.
This investor, Luminary Crown, wants to pay ₹2 for each share, which is much higher than the current price of ₹0.84.
The deal is not final yet, but it could bring a lot of money and new ideas to Auri Grow India.
The investor wants to help the company grow by focusing on rice exports, high-tech farming like hydroponics, and organic farming.
Auri Grow India has been doing really well lately, with their sales and profits growing a lot in the last year.
The company is excited about this potential partnership and sees it as a big opportunity for the future.
Hong Kong-based FII Luminary Crown issued a Letter of Intent to acquire up to 24% equity in Auri Grow India at ₹2 per share, a significant premium over the current market price of ₹0.84.
The proposed investment is subject to regulatory, statutory, and shareholder approvals and includes strategic collaboration initiatives in rice export, hydroponics, and organic farming.
Luminary Crown seeks to nominate one director to Auri Grow’s board, with governance rights limited to standard investor protections.
Auri Grow India’s FY25 sales surged to ₹175.55 crore, up from ₹16.76 crore in FY24, with net profit reaching ₹7.17 crore, reflecting rapid operational expansion.
The Letter of Intent is non-binding, and no definitive agreements have been executed as of now.
- Who
- Auri Grow India and Luminary Crown (Hong Kong-based FII)
- What
- Proposed acquisition of 24% stake in Auri Grow India
- When
- Letter of Intent issued, definitive agreements not yet executed
- Where
- Auri Grow India (India), Luminary Crown (Hong Kong)
- Why
- Strategic capital infusion and partnership for growth in agriculture and agri-technology sectors
- Company
- Auri Grow India
- Proposed Investor
- Luminary Crown (Hong Kong-based FII)
- Stake
- 24% equity
- Proposed Price
- ₹2 per share
- Current Market Price
- ₹0.84 per share (as of December 16)
- Strategic Initiatives
- Rice export, hydroponics, organic farming
- FY25 Sales
- ₹175.55 crore
- FY25 Net Profit
- ₹7.17 crore