MRC Agrotech appointed Mr. Paramar Vishal Surendra as a non-executive, non-independent director and approved the appointment of M/s P C Surana & Co as its new statutory auditors. The board meeting held on September 4, 2026 also approved the notice for the company’s 11th Annual General Meeting.

The appointment of Mr. Surendra, who currently serves as an additional director, marks a formalization of his role on the board. He holds 992 equity shares in the company and brings expertise in corporate governance and regulatory compliance. His tenure is set for five consecutive years, from February 24, 2026, to February 23, 2031. He is not related to any existing director or key managerial personnel of the company.

Auditor Transition

The board approved the resignation of M/s Choudhary Choudhary & Company, Chartered Accountants, effective from the conclusion of the ensuing AGM. The outgoing firm cited professional and other commitments as the reason for stepping down. M/s Choudhary Choudhary & Company had been appointed in March 2025 for a two-year term and had submitted its last audit report for the financial year ended March 31, 2026, within the statutory timeline.

M/s P C Surana & Co, Chartered Accountants, has been appointed to fill the casual vacancy created by the resignation. The firm will serve as statutory auditor from the conclusion of the AGM until the conclusion of the annual general meeting to be held for the financial year 2030-31. The appointment was recommended by the Audit Committee and Board of Directors based on the firm’s professional competence and independence.

AGM Details

The 11th Annual General Meeting is scheduled for Wednesday, September 30, 2026, at 12:30 pm via Video Conferencing or Other Audio Visual Means. The register of members and share transfer books will remain closed from September 24, 2026, to September 30, 2026. Remote e-voting will be available from September 27, 2026, at 9:00 am to September 29, 2026, at 5:00 pm, with September 23, 2026, as the cut-off date.

MRC Agrotech will hold a board meeting on September 4, 2026, to finalize preparations for its upcoming Annual General Meeting.

The meeting agenda includes fixing the date, time, and venue for the AGM, along with approving the draft notice and annual report. The board will also appoint a scrutinizer to oversee the e-voting process and determine the book closure date.

Key Agenda Items

The directors will consider the following matters:

• Fixing the AGM schedule and approving related documentation
• Appointing a scrutinizer for the e-voting process
• Determining the book closure date for the AGM
• Confirming the appointment of Mr. Paramar Vishal Surendra as a Non-Executive Non-Independent Director
• Approving the appointment of new statutory auditors

Auditor Appointment

The board will appoint M/s P C Surana & Co as the statutory auditor to fill the casual vacancy created by the retirement of M/s Choudhary Choudhary & Company. The outgoing firm cited professional and other commitments as the reason for retiring at the conclusion of the ensuing AGM. The new appointment will hold office until the conclusion of the AGM for the financial year 2030-31.

Mr. Paramar Vishal Surendra, previously appointed as an additional director on February 24, 2026, will be confirmed in his role as a Non-Executive Non-Independent Director during this meeting.