MRC Agrotech Ltd has successfully completed the allotment of 1,08,40,007 equity shares on preferential basis following its Board of Directors meeting held on January 3, 2026. The company allotted shares at ₹19.50 per equity share with a face value of ₹10.00 each to both promoter and non-promoter categories, as announced in its regulatory filing to BSE.

Share Allotment Breakdown

The board meeting, which commenced at 11:45 AM and concluded at 12:15 PM, resulted in the successful allotment of shares across two distinct consideration categories:

Cash Consideration Allottees

The company allotted 21,97,910 equity shares for cash consideration to eight non-promoter investors. The major allottees include Tejal Pratyush Bhartiya (4,50,000 shares), Swati Jain (4,50,000 shares), Santosh Dube (4,09,200 shares), and Vikram Bajaj HUF (3,50,000 shares). Other investors include Sillenium Infra Project Pvt Ltd, Devjeet Chakraborty, Saurabh Goswami, and Neetu Singh.

Non-Cash Consideration and Strategic Acquisition

The larger portion of 86,42,097 shares was allotted for consideration other than cash, primarily for acquiring 100% equity shares of MARSAPI Life Sciences Private Limited on a share swap basis. The allottees include both promoter and non-promoter categories:

Regulatory Compliance and Background

The allotment was executed pursuant to BSE's in-principle approval granted vide letter no. LOD/PREF/TT/FIP/1400/2025-26 dated December 22, 2025. The preferential issue was previously approved by shareholders during an Extraordinary General Meeting held on June 28, 2025. The allotment complies with Chapter V of SEBI ICDR Regulations and Regulation 30 of SEBI LODR Regulations.

Post-Allotment Shareholding Impact

Following the allotment, significant changes occurred in the shareholding pattern. Wordexx Ventures Pvt Ltd emerged as a major shareholder with 10.62% stake, while Ashok Kumar Singh holds 6.94% and Vindu Mahendra Pratap Singh holds 5.14%. The allotment strengthens the company's capital base while facilitating the strategic acquisition of MARSAPI Life Sciences Private Limited.

Company Secretary Rahul Mathur signed the disclosure documents dated January 3, 2026, ensuring full compliance with stock exchange notification requirements and regulatory obligations.

MRC Agrotech Limited has announced the execution of a strategic Memorandum of Understanding (MoU) with ME Technology Trading Ltd, marking a significant step in the company's technology integration initiatives. The collaboration aims to focus on agri-technology solutions including AI, IoT, and data analytics for the Indian market.

Strategic Partnership Framework

The MoU establishes a collaborative framework between the two companies in the agri-technology domain. ME Technology Trading Ltd, located in Habanai 31 Jerusalem, specializes in technology and solutions development, including AI-based systems, data analytics, and digital technology solutions. The company operates within technology ecosystems with exposure to global innovation hubs, particularly Israel, which is internationally recognized for advancements in agri-technology, precision farming, water efficiency, and data-driven agriculture.

Collaboration Scope and Objectives

The partnership encompasses two primary areas of cooperation:

The collaboration is designed to integrate advanced technology solutions in the agriculture sector with a focus on improving productivity, efficiency, sustainability, and data-driven decision-making across the agricultural value chain.

Agreement Structure and Terms

The MoU is structured as a non-binding framework agreement executed in the ordinary course of business. Key characteristics of the agreement include:

• Non-binding nature: Outlines broad roles and responsibilities serving as a basis for evaluating potential future engagements
• No partnership creation: Does not establish any partnership, joint venture, agency, or equity relationship between the parties
• Principal-to-principal basis: Each party operates independently and bears its own costs
• Termination clause: Either party may terminate with at least three months' prior written notice

Financial and Regulatory Disclosures

The company has confirmed that the MoU does not involve any monetary consideration or financial commitment at this stage. Important regulatory aspects include:

The agreement does not fall within related party transactions and involves no acquisition, disposal of assets, capital commitment, or financial obligation at this stage. The company has stated that the execution of the MoU does not have any immediate material financial impact.

Market Positioning and Future Outlook

MRC Agrotech continues to evaluate opportunities to integrate advanced technology solutions in the agriculture sector. The partnership with ME Technology Trading Ltd represents part of the company's long-term strategy to leverage appropriate technologies for strengthening its agri-business portfolio. The collaboration provides access to global innovation expertise while focusing on the Indian agricultural market's specific needs and requirements.

This strategic MoU aligns with MRC Agrotech's commitment to enhancing its technological capabilities in the agricultural sector, potentially leading to improved solutions and services for the Indian market.