MVK Agro Food Product promoters declare no share encumbrance in FY26

2 min read     Updated on 06 Jun 2026, 04:53 PM
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Marotrao Vyankatrao Kawale, Promoter and Managing Director of M.V.K. Agro Food Product Limited, disclosed that the promoters and promoter group did not encumber any shares during the financial year 2025-26. The disclosure was submitted to the National Stock Exchange of India Limited on April 8, 2026, under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing includes a list of 29 individuals and entities categorized as promoters or promoter group members.

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Marotrao Vyankatrao Kawale, Promoter and Managing Director of mvk agro food product , confirmed that the promoters and promoter group have not made any encumbrance of shares during the financial year 2025-26. The disclosure, submitted to the National Stock Exchange of India Limited on April 8, 2026, was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration covers shares held directly or indirectly by the promoter group.

The filing provides a comprehensive list of the individuals and entities comprising the promoter and promoter group. The list, enclosed as Annexure A to the disclosure, details 29 names classified under two specific categories. This information is essential for regulatory compliance and transparency regarding shareholding patterns.

The following table outlines the members of the promoter and promoter group as disclosed in the filing:

Sr. No. Name(s) of the person and Persons Acting in Concert (PAC) with the person Category
1. Marotrao Vyankatrao Kawale Promoter
2. Ganeshrao Vyankatrao Kawale Promoter
3. Sagarbai Marotrao Kawale Promoter
4. Sanjivani Marotrao Kawale Promoter
5. Kishanrao Vyankatrao Kawale Promoter
6. Baliram Kishanrao Kawale Promoter
7. Bharatbai Ganesharao Kawale Promoter
8. Late Parmeshwar Kishanrao Kawale Promoter
9. Puja Marotrao Kawale Promoter
10. Sandip Marotorao Kawale Promoter
11. Prayagbai Vyankatrao Kawale Promoter Group
12. Padminabai Chandar Shinde Promoter Group
13. Sambhaji Ramchandra Shinde Promoter Group
14. Balaji Ramchandra Shinde Promoter Group
15. Tanaji Ramchandra Shinde Promoter Group
16. Devidas Chandar Shinde Promoter Group
17. Neeta Prashant Dhone Promoter Group
18. Digambar Bhujanga Suryawanshi Promoter Group
19. Vitthal Digambar Suryawanshi Promoter Group
20. Balasaheb Digambar Suryawanshi Promoter Group
21. Shobhabai Raosaheb Kadam Promoter Group
22. Radhabai Kishan Kawale Promoter Group
23. Sonali Raju Kadam Promoter Group
24. Baburao Pundlik Hivrle Promoter Group
25. Neha Madhavrao Pawar Promoter Group
26. Sandip Tactors Promoter Group
27. Kawle Maroti Venkoba HUF Promoter Group
28. Kawale Ganesh Venkatrao HUF Promoter Group
29. Kawale Kishan Venkatrao HUF Promoter Group

The declaration was signed digitally by Marotrao Vyankatrao Kawale on April 8, 2026. A copy of the disclosure was forwarded to the Audit Committee of M.V.K. Agro Food Product Limited for their records. The company is headquartered at Gut No. 44 and 46, Kusumnagar, At Post Waghalwada, Umri, Dist. Nanded, Maharashtra.

Historical Stock Returns for MVK Agro Food Product

1 Day5 Days1 Month6 Months1 Year5 Years
-1.50%-3.12%-10.10%-43.27%+295.61%+448.95%

How might the absence of share encumbrances impact the company's ability to secure future financing?

What are the potential implications for shareholder confidence following this disclosure?

Could this move signal a strategic shift in the company's capital structure or dividend policy?

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MVK Agro Food FY26 profit surges, approves rights issue

1 min read     Updated on 02 Jun 2026, 09:58 AM
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M.V.K. Agro Food Product Limited reported a significant rise in consolidated net profit to ₹4,663.15 lakh for FY26, compared to ₹933.34 lakh in the previous year. The board approved the audited financial results and a ₹50 crore rights issue of equity shares. Additionally, the company appointed key personnel, including an Additional Director and Company Secretary, and confirmed an unmodified audit opinion with no pending investor complaints.

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M.V.K. Agro Food Product Limited reported a consolidated net profit of ₹4,663.15 lakh for the financial year ended March 31, 2026, a substantial increase from ₹933.34 lakh in the previous year. The board of directors, in a meeting held on May 30, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. Additionally, the board approved a proposal to raise funds up to ₹50 crore via a rights issue of equity shares with a face value of ₹10 each.

The rights issue is subject to regulatory and statutory approvals, including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. The company will determine the record date, ratio, and price of the issue in due course. The issuance will be conducted in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Companies Act, 2013.

Key Financial Highlights for FY26

Particulars Year Ended March 31, 2026 (₹ in lakhs) Year Ended March 31, 2025 (₹ in lakhs)
Consolidated Net Profit 4,663.15 933.34
Consolidated Total Income 33,921.73 15,579.83
Standalone Net Profit 1,266.76 772.07
Standalone Total Income 16,271.91 13,739.11

The board also approved the appointment of Mr. Pankaj Pandav as an Additional Director (Non-Executive - Independent Director) for five years effective from June 20, 2026. Mr. Ankitkumar Tank was appointed as the Company Secretary and Compliance Officer effective immediately. Furthermore, M/s. Kabra & Maliwal, Chartered Accountants, were appointed as Internal Auditors for FY 2026-27 and onwards. The salary of Mr. Sandip Marotrao Kawale, Chief Financial Officer, was increased to not exceeding ₹2,00,000 per month effective from June 1, 2026.

M/s. N B T and Co, Statutory Auditors, issued an unmodified opinion on the audited standalone and consolidated financial results. The company confirmed that no investor complaints were pending as of March 31, 2026.

Historical Stock Returns for MVK Agro Food Product

1 Day5 Days1 Month6 Months1 Year5 Years
-1.50%-3.12%-10.10%-43.27%+295.61%+448.95%

What specific strategic initiatives or acquisitions does M.V.K. Agro Food Product plan to undertake with the ₹50 crore raised via the rights issue?

Can the company sustain the nearly 400% surge in consolidated net profit into FY27, and what are the primary growth drivers?

How will the company determine the rights issue ratio and price to ensure maximum shareholder participation given the recent financial performance?

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1 Year Returns:+295.61%