MRP Agro Limited has successfully completed the allotment of 3,91,730 fully paid-up equity shares following the conversion of convertible warrants by promoter entities. The Board of Directors approved the allotment on March 02, 2026, after warrant holders exercised their conversion option and paid the remaining 75% of the issue price.

Warrant Conversion Details

The warrant conversion process involved four promoter entities who collectively converted all 3,91,730 warrants held by them. The conversion was executed at an issue price of Rs. 130 per share, including a premium of Rs. 120 over the face value of Rs. 10.

Capital Structure Enhancement

The allotment has resulted in a significant increase in the company's paid-up equity share capital. The newly issued shares rank pari-passu with existing equity shares in all respects.

Regulatory Compliance and Background

The warrant conversion follows the company's earlier disclosure dated December 31, 2025, regarding the initial allotment of convertible warrants. The original warrant issuance was approved by shareholders at the Annual General Meeting held on August 25, 2025, and received in-principle approval from BSE Limited through their letter dated December 17, 2025.

The warrants were initially allotted on a preferential basis to promoters at Rs. 130 each, with warrant holders paying 25% of the issue price upfront. The recent conversion involved payment of the remaining 75% by all warrant holders, with no warrants remaining pending for conversion.

Next Steps

MRP Agro Limited will apply for listing and trading approval from the stock exchange for the newly issued equity shares in due course. The Board meeting for the allotment was conducted on March 02, 2026, commencing at 3:30 P.M. and concluding at 4:00 P.M.

The company, engaged in trading and food processing of pulses, cattle feed, and export of food grains, coal, and flyash, continues to strengthen its capital base through this successful warrant conversion exercise.

MRP Agro Limited, a BSE SME listed company engaged in trading and food processing of pulses, cattle feed, and export of food grains, announced its unaudited financial results for the quarter ended December 31, 2025. The Board of Directors approved these results during their meeting held on February 07, 2026, in compliance with Regulation 30 and 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance and Board Meeting

The board meeting commenced at 4:30 PM and concluded at 5:00 PM on February 07, 2026, where directors approved the unaudited standalone and consolidated financial results. The company submitted these results to BSE Limited under the regulatory framework, with statutory auditors A Y & Company conducting a limited review and expressing an unmodified opinion on both standalone and consolidated financial statements.

Financial Performance Overview

The company demonstrated strong financial performance during Q3FY26, with significant improvements across key operational metrics.

Nine-Month Performance

For the nine months ended December 31, 2025, MRP Agro achieved substantial growth in profitability and operational efficiency.

Consolidated Results

MRP Agro's consolidated financial results, which include subsidiary PRM Tradelink Private Limited, showed positive trends. The consolidated net profit for Q3FY26 stood at ₹154.17 lakhs with total revenue of ₹1419.89 lakhs. For the nine-month period, consolidated net profit reached ₹343.44 lakhs.

Corporate Governance and Business Operations

The company operates in a single business segment focused on manufacturing and trading of agro commodities. MRP Agro maintains its operations from Tikamgarh, Madhya Pradesh, with its factory located at Plot No. 22 Unit-Dal Mill, Semi Urban Industrial Area, Dhonga. The company reported no pending investor complaints as of December 31, 2025, demonstrating strong corporate governance practices.