MRP Agro Limited (BSE: 543262) has announced the commencement of construction for its ambitious flour mill project in Tikamgarh, Madhya Pradesh. This strategic expansion marks a significant milestone in the company's growth trajectory, positioning it to capitalize on the burgeoning demand in the food processing sector.

Project Specifications

The new facility boasts impressive capabilities:

• Wheat cleaning capacity: 250.00 MT per day
• Flour milling capacity: 160.00 MT per day
• Chakki atta processing capacity: 80.00 MT per day
• Raw & finished material storage capacity: 50,000.00 quintals

Infrastructure and Design

The project features a modern 33,000.00 sq. ft. Pre-Engineered Building (PEB) structure, ensuring an efficient and state-of-the-art layout for the milling operations.

Project Timeline

MRP Agro has outlined a comprehensive timeline for the project's completion:

The company has already completed initial preparatory activities, including site-related formalities, arranging necessary financing, and finalizing project design and approvals. The foundation and base construction have commenced, signaling the formal initiation of the physical project execution.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, MRP Agro has submitted the project details to the BSE. The company has committed to providing monthly progress reports throughout the implementation phase.

Management Statement

Mangesh Kumar Jain, Chairman and Managing Director of MRP Agro Limited, expressed confidence in the project, stating, "The commencement of our flour mill project in Tikamgarh is a crucial step in our expansion strategy. This state-of-the-art facility will enhance our production capabilities and strengthen our position in the food processing industry."

MRP Agro Limited, known for its diversified portfolio in food grain processing and trading, continues to demonstrate its commitment to growth and innovation in the agricultural sector. The successful completion of this project is expected to bolster the company's market presence and operational efficiency in the coming years.

MRP Agro Limited , a BSE SME-listed company specializing in pulses processing and food grain exports, has announced a significant corporate action aimed at bolstering its capital structure and increasing promoter stake. The company's board of directors, in a meeting held on July 29, 2025, approved the issuance of convertible warrants on a preferential basis to its promoters and promoter group.

Key Highlights of the Warrant Issue

Terms of the Warrant Issue

The preferential allotment will be made to four investors from the promoter and promoter group:

1. Manish Kumar Jain
2. Raksha Jain
3. Jain HUF
4. Roshni Jain

Investors will pay 25% of the warrant price at subscription, with the remaining 75% due upon exercise of the warrants. This structure allows for a phased capital infusion into the company.

Impact on Shareholding

Post-conversion of all warrants, the promoter group's shareholding in MRP Agro Limited is expected to increase from 65.67% to 66.84%. This move demonstrates the promoters' confidence in the company's future prospects and their commitment to increasing their stake.

Additional Board Decisions

In the same board meeting, MRP Agro Limited also made several other key decisions:

1. Scheduled the 7th Annual General Meeting for August 25, 2025
2. Approved the re-appointment of Mrs. Raksha Jain as Non-Executive Director
3. Appointed M/s MSV & Associates as Secretarial Auditor for FY 2025-26
4. Appointed M/s Anshul K. Jain & Associates as Internal Auditor for FY 2025-26

Regulatory Compliance

The preferential issue will be subject to shareholder approval and compliance with SEBI regulations, including the ICDR (Issue of Capital and Disclosure Requirements) Regulations, 2018.

This strategic move by MRP Agro Limited is expected to strengthen its financial position and support its growth initiatives in the agro-processing and export sectors.