MRP Agro Limited Board Approves Registered Office Relocation Within Tikamgarh

MRP Agro Limited has announced the relocation of its registered office within the local limits of Tikamgarh, Madhya Pradesh. The company's board of directors approved this administrative change during a meeting held on March 25, 2026, demonstrating the company's operational adjustments within its established business location.

Board Meeting Outcome

The board meeting was conducted at the company's current registered office location and maintained proper corporate governance standards throughout the proceedings. The meeting was held pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Parameter:	Details
Date:	March 25, 2026
Start Time:	5:00 P.M.
End Time:	5:30 P.M.
Venue:	House No.100, First Floor, Ward No.23, Infront of Thane Ajak, Civil Line Road, Tikamgarh
Quorum Status:	Requisite quorum present throughout

Office Relocation Details

The board approved the change in registered office address within the same city limits, indicating a strategic move from a residential-commercial area to an industrial location. The relocation will be effective from March 26, 2026.

Address Component:	Current Location	New Location
Property Details:	House No.100, First Floor, Ward No.23	Plot No. 22
Area Description:	Infront of Thane Ajak, Civil Line Road	Semi Urban Industrial Area, Dhonga
City & PIN:	Tikamgarh - 472001	Tikamgarh-472001
State:	Madhya Pradesh, India	Madhya Pradesh, India
Effective Date:	-	March 26, 2026

Regulatory Compliance and Documentation

The company has fulfilled its disclosure obligations by formally notifying the BSE Limited through proper channels. The notification was signed by Manish Kumar Jain, Managing Director (DIN: 08110055), and includes the company's official seal.

Compliance Details:	Information
Regulation:	SEBI (LODR) Regulations, 2015 - Regulation 30
Exchange Notified:	BSE Limited
Company Symbol:	MRP
Authorized Signatory:	Manish Kumar Jain, Managing Director

The relocation represents an internal administrative change as the company moves its registered office from Civil Line Road to the Semi Urban Industrial Area in Dhonga, while remaining within the same municipal limits of Tikamgarh. This change ensures continuity in the company's legal and operational framework while positioning the business in an industrial zone.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.18%	+0.05%	+0.08%	-8.86%	-30.12%	+152.92%

MRP Agro Limited has completed the allotment of 3,91,730 fully paid-up equity shares following warrant conversion by promoter entities, with the company filing regulatory disclosures under SEBI takeover regulations on March 05, 2026. The Board of Directors approved the allotment on March 02, 2026, after warrant holders exercised their conversion option and paid the remaining 75% of the issue price.

Warrant Conversion and Acquisition Details

The warrant conversion process involved four promoter entities who collectively converted all 3,91,730 warrants held by them. The conversion was executed at an issue price of Rs. 130 per share, including a premium of Rs. 120 over the face value of Rs. 10.

Acquirer:	Shares Acquired	Percentage Holding	Amount Received (75%)
Manish Kumar Jain:	1,27,000	1.14%	Rs. 1,23,82,500
Raksha Jain:	1,42,000	1.28%	Rs. 1,38,45,000
Manish Kumar Jain HUF:	1,21,000	1.09%	Rs. 1,17,97,500
Roshni Jain:	1,730	0.02%	Rs. 1,68,675
Total:	3,91,730	3.53%	Rs. 3,81,93,675

Promoter Holding Enhancement

Following the acquisition, the collective promoter holding has increased significantly. The substantial acquisition disclosure filed under Regulation 29(2) of SEBI Takeover Regulations shows the enhanced promoter stake across all entities.

Promoter Entity:	Before Acquisition	After Acquisition	Change
Manish Kumar Jain:	27.39%	27.57%	+0.18%
Raksha Jain:	24.42%	24.83%	+0.41%
Manish Kumar Jain HUF:	4.31%	5.22%	+0.91%
Roshni Jain:	0.27%	0.28%	+0.01%
Total Promoter Group:	65.67%	66.84%	+1.17%

Capital Structure Impact

The allotment has resulted in a significant increase in the company's paid-up equity share capital. The newly issued shares rank pari-passu with existing equity shares in all respects.

Parameter:	Before Allotment	After Allotment
Number of Equity Shares:	1,11,08,270	1,15,00,000
Paid-up Share Capital:	Rs. 11,10,82,700	Rs. 11,50,00,000
Total Promoter Shares:	72,94,670	76,86,400

Regulatory Compliance and Documentation

Manish Kumar Jain, as the Managing Director and lead promoter, filed the substantial acquisition disclosure on March 05, 2026, acting on behalf of all acquiring promoters. The disclosure was submitted to BSE Limited under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The original warrant issuance was approved by shareholders at the Annual General Meeting held on August 25, 2025, and received in-principle approval from BSE Limited through their letter dated December 17, 2025. The warrants were initially allotted on a preferential basis to promoters at Rs. 130 each, with warrant holders paying 25% of the issue price upfront.

MRP Agro Limited, engaged in trading and food processing of pulses, cattle feed, and export of food grains, coal, and flyash, continues to strengthen its promoter base through this successful warrant conversion exercise. The company will apply for listing and trading approval from the stock exchange for the newly issued equity shares in due course.