MRC Agrotech Ltd has issued a formal clarification to BSE Limited regarding recent movements in its share price, confirming that no material events or unpublished price sensitive information have contributed to the stock's performance. The company responded to a surveillance inquiry from the exchange dated April 6, 2026.

Regulatory Compliance Confirmation

The company has categorically stated that there are no material events or information requiring disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015, which may have influenced the price movement of its securities. Additionally, MRC Agrotech confirmed that there is no unpublished price sensitive information (UPSI), as defined under the SEBI (Prohibition of Insider Trading) Regulations, 2015, that has not been disclosed to the stock exchange.

Attribution of Price Movement

MRC Agrotech has stated that it is not aware of any factors within its control that could have led to the recent movement in share price. The company attributes the price fluctuation to external factors including:

• General market trends
• Investor sentiment
• Sectoral developments

The company emphasized that it has been regularly disseminating all information and announcements that may impact its operations or performance, including price sensitive information, in full compliance with applicable regulations.

Corporate Commitment

MRC Agrotech has reiterated its commitment to maintaining compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015. The company assured that it will promptly inform the stock exchange of any material developments as and when they arise. The clarification was signed by Rahul Mathur, Company Secretary & Compliance Officer, and dated April 7, 2026, from Mumbai.

MRC Agrotech Ltd announced significant board changes following its Board of Directors meeting held on February 24, 2026. The company approved the resignation of one director and appointed a new Additional Director, with all necessary regulatory disclosures filed under SEBI (LODR) Regulations, 2015.

Director Resignation Details

The Board accepted the resignation of Mr. Sanjay Kumar Singh (DIN: 06928519) from his position as Non-Executive Director, effective February 17, 2026. In his resignation letter dated February 17, 2026, Mr. Singh cited personal reasons for his departure and confirmed there were no other material reasons beyond those mentioned.

The company confirmed that Mr. Singh was not related to any promoter, director, or Key Managerial Personnel of the company. His resignation was processed in accordance with regulatory requirements.

New Director Appointment

Based on recommendations from the Nomination and Remuneration Committee, the Board approved the appointment of Mr. Parmar Vishal Surendra (DIN: 10965417) as Additional Director for a term of five years, effective February 24, 2026. This appointment is subject to regularization by the company's shareholders.

Mr. Surendra has no relationships with other directors or Key Managerial Personnel of the company. He has not held directorships in any other listed entities and has not resigned from any listed companies in the past three years.

Board Meeting Proceedings and Compliance

The Board meeting commenced at 4:30 PM and concluded around 5:00 PM on February 24, 2026. The company filed detailed disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Company Secretary and Compliance Officer Rahul Mathur signed the official communication to BSE Limited, confirming the board's decisions and requesting the exchange to take the information on record. The company provided comprehensive annexures detailing both the resignation and appointment as required under the listing regulations.

These board changes represent part of MRC Agrotech Ltd's ongoing governance structure evolution as the company continues its operations in the agricultural technology sector.