SSMD Agrotech India Limited has announced the complete repayment of its Corporate Working Capital Facility worth Rs. 5.3 crores, marking a significant milestone in the company's financial management strategy. The repayment was executed using proceeds from the company's Initial Public Offering (IPO), demonstrating the effective utilization of raised capital as outlined in their offering documents.

Facility Details and Repayment Confirmation

The company received a no dues certificate dated February 10, 2026, from the lender, officially confirming the full settlement of the facility. The following table summarizes the key details of the repaid facility:

The lender has confirmed that the entire amount due and payable has been repaid in full, and all securities provided to secure the facility have been officially released.

IPO Proceeds Utilization

This repayment represents the successful execution of the company's capital allocation strategy as disclosed in their IPO offer documents. The utilization of IPO proceeds for debt repayment aligns with the company's stated objectives of strengthening its financial position and reducing debt obligations. The transaction demonstrates disciplined financial management and adherence to the commitments made to investors during the public offering process.

Regulatory Compliance and Documentation

SSMD Agrotech India Limited has formally notified BSE Limited about this development through proper regulatory channels. The company, trading under scrip code 544621 and scrip name SSMD, submitted the necessary documentation including the no dues certificate to ensure full compliance with listing requirements. Company Secretary and Compliance Officer Rajesh Thakur (Membership No. A71143) signed the intimation letter, maintaining proper corporate governance standards throughout the process.

Financial Impact and Strategic Implications

The complete repayment of the Rs. 5.3 crore working capital facility eliminates the associated interest burden and financial obligations from the company's books. This strategic move enhances the company's financial flexibility and positions it for future growth initiatives without the constraints of this particular debt facility. The successful completion of this repayment also demonstrates the company's ability to effectively deploy IPO proceeds according to planned objectives.

SSMD Agrotech India Limited has announced the opening of its second Direct-to-Consumer (D2C) store as part of its strategic expansion plan funded through Initial Public Offering proceeds. The company informed BSE Limited about this development through an official intimation dated January 13, 2026.

Store Launch Details

The second D2C store is scheduled to commence operations from January 15, 2026. This marks a significant milestone in the company's retail expansion strategy under its House of Manohar brand.

IPO Proceeds Utilization

The store opening represents the utilization of funds raised through the company's Initial Public Offering, directly aligned with the objects of the issue as disclosed in the IPO offer documents. This development demonstrates the company's commitment to executing its stated expansion plans and deploying IPO proceeds as outlined to investors.

Company Background

SSMD Agrotech India Limited, formerly known as SSMD Agrotech India Private Limited, operates under the House of Manohar brand. The company is incorporated with CIN number U10611DL2023PLC421046 and maintains its corporate presence in Delhi.

Strategic Expansion

The rollout of D2C retail stores forms a crucial component of the company's growth strategy. By establishing direct retail presence, SSMD Agrotech aims to strengthen its market position and enhance customer reach through its House of Manohar brand portfolio.

The company has formally notified BSE Limited about this development, ensuring compliance with listing requirements and keeping stakeholders informed about the progress of its expansion initiatives funded through IPO proceeds.