Announcement under regulation 30(LODR)- Investor Presentation
Awaiting price reaction for this filing.
AVI Polymers Ltd has released an investor presentation for 'KrishiBuddy', an AI-powered smart farming platform launched on April 15, 2026 by its wholly-owned subsidiary AVI Eco Spark Private Limited. The platform offers a multilingual conversational AI interface (Hindi, English, Hinglish) with features including satellite-based crop health monitoring (NASA MODIS/Power data), real-time mandi price tracking, pest/disease alerts, and an export calculator for FPOs. The India agritech market is valued at ~$974M (2025) with projected growth to $2.52B by 2034. The company completed a ₹89.99 Crore rights issue and earmarks ~40% of proceeds for AI/ML infrastructure. No revenue has been generated from KrishiBuddy as of the filing date, and the platform is in early deployment phase with no reported user adoption or market share metrics.
The announcement signals a strategic pivot into agritech for AVI Polymers, diversifying beyond specialty chemicals trading. However, given the platform has no revenue, is in beta, and operates in a market with established competitors (DeHaat, AgroStar, Fasal), the near-term financial impact on the parent company's earnings is minimal and speculative.