MRP Agro Secures ₹88 Crore Term Loan, Signs Construction Deal for Flour Mill Project
MRP Agro Limited has achieved significant milestones in its Tikamgarh flour mill project with ₹88 crore term loan sanctioned and ₹6.51 crore PEB construction agreement signed. The facility will feature 250 MT daily wheat cleaning capacity, 160 MT flour milling capacity, and 80 MT chakki atta processing capacity, with trial operations expected by March 2026.
*this image is generated using AI for illustrative purposes only.
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:
| Development: | Details |
|---|---|
| Term Loan Sanctioned: | ₹88.00 crore |
| PEB Construction Agreement: | ₹6.51 crore |
| Machinery Orders: | Placed with various suppliers |
| Expected Trial Run: | End of March 2026 |
Project Specifications
The new facility boasts impressive capabilities designed to meet growing market demand:
| Capacity: | Daily Output |
|---|---|
| Wheat Cleaning: | 250.00 MT per day |
| Flour Milling: | 160.00 MT per day |
| Chakki Atta Processing: | 80.00 MT per day |
| Storage Capacity: | 50,000.00 quintals |
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:
| Activity: | Tentative Timeline |
|---|---|
| Civil flooring for PEB building | End of November 2025 |
| PEB building commitment | End of December 2025 |
| Solar work on roof installation | End of January 2026 |
| Procurement and installation of electrification work | End of January 2026 |
| Procurement & installation of plant & machinery | First week of February 2026 |
| Recruitment of required manpower | First week of February 2026 |
| Trial and operating | First week of March 2026 |
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.
Historical Stock Returns for MRP Agro
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |
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