Auri Grow India to sell 24% stake to Hong Kong's Luminary Crown

Auri Grow India Ltd has approved an exploratory proposal from Hong Kong's Luminary Crown Ltd to acquire a 24% stake at ₹2 per share. This partnership targets a ₹55 crore hydroponics project and strategic expansion into global rice exports. Despite a 10-fold revenue surge, the board maintains strict governance, ensuring the FII receives no board seats during these non-binding discussions.