MRP Agro Limited has announced significant progress in its ambitious flour mill project in Tikamgarh, Madhya Pradesh, with major financial and construction milestones achieved. The company has secured substantial funding and entered into key agreements to advance the project implementation.

Financial Arrangements and Construction Progress

The company has made substantial progress in project financing and construction arrangements:

Project Specifications

The new facility boasts impressive capabilities designed to meet growing market demand:

Infrastructure and Timeline

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. The company has outlined a comprehensive timeline for the project's completion:

Current Project Status

The company has completed initial preparatory activities, including site-related formalities, arranging necessary financing, and finalizing project design and approvals. The foundation and base construction have commenced, with purchase orders now placed with various suppliers for the required machinery. This marks significant progress in the physical project execution phase.

Regulatory Compliance

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

MRP Agro Limited 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, with the trial run scheduled for the end of March 2026.

MRP Agro Limited , a BSE SME-listed company specializing in pulses processing and food grain exports, has successfully completed the allotment of convertible warrants to its promoters and promoter group. The company announced the completion of its board meeting held on December 31, 2025, where directors approved the allotment of 3,91,730 fully convertible equity warrants following earlier BSE approval.

Board Meeting Outcome and Allotment Details

The board of directors, meeting on December 31, 2025, formally approved the allotment of warrants that had received in-principle approval from BSE Limited earlier in December. The allotment represents a significant step in the company's capital raising initiative.

Warrant Allotment Breakdown

The warrants have been allotted to four investors from the promoter and promoter group category, as approved in the Annual General Meeting held on August 25, 2025.

Post-Allotment Shareholding Pattern

The warrant allotment will impact the shareholding structure upon conversion, with promoter group shareholding expected to increase marginally.

Regulatory Framework and Compliance

The warrant issue follows strict regulatory compliance under SEBI (ICDR) Regulations 2018 and SEBI (LODR) Regulations 2015. The BSE approval was granted through letter number LOD/PREF/GB/FIP/1373/2025-26 dated December 17, 2025. Warrant holders are required to pay 25% of the warrant price at allotment, with the remaining 75% payable upon conversion within 18 months from the allotment date.

Additional Corporate Development

Alongside the warrant allotment, the company also announced the appointment of Ms. Akanksha Aswani as Whole Time Company Secretary & Compliance Officer effective January 01, 2026. Ms. Aswani is an Associate Member of the Institute of Company Secretaries of India with seven years of experience in Companies Act and Listing Regulations compliance.