MRC Agrotech Limited has announced a strategic move into the premium tea market by signing an exclusive three-year marketing and distribution agreement with Temi Tea Estate, a government undertaking of Sikkim. The deal, inked on October 14, 2025, positions MRC Agrotech to promote, market, and distribute Sikkim Tea across India and international markets.

Key Agreement Details

About Temi Tea Estate

Temi Tea Estate, established in 1969, holds a unique position as Sikkim's sole tea estate. Operating under the Commerce & Industries Department of the Government of Sikkim, it produces certified organic tea with Geographical Indication (GI) registration for "Sikkim Temi Tea."

Strategic Implications

This collaboration marks a significant step for MRC Agrotech in expanding its value chain integration into premium tea and beverage products. The company aims to strengthen its long-term Agri-based business verticals through this partnership.

Financial Outlook

While MRC Agrotech anticipates no immediate material financial impact from this agreement, the company expects enhanced revenue streams and brand equity over the medium term. The deal aligns with MRC's ordinary course of business in agricultural and allied product operations.

Market Positioning

By securing exclusive rights to market and distribute Temi Tea, MRC Agrotech is poised to establish a strong presence in the premium tea segment. This move could potentially differentiate the company in the competitive Indian tea market, leveraging the unique qualities of Sikkim's organic, GI-tagged tea.

The agreement underscores MRC Agrotech's strategic focus on value-added agricultural products and its ambition to expand its footprint in the beverage industry. As the Indian tea market continues to evolve, with increasing consumer preference for premium and organic options, this partnership could prove to be a significant growth driver for MRC Agrotech in the coming years.

Investors and market watchers will likely keep a close eye on how this agreement translates into tangible benefits for MRC Agrotech, particularly in terms of revenue growth and market share in the premium tea segment.

MRC Agrotech Limited (BSE: 540809) recently witnessed a significant change in its shareholding pattern as non-promoter shareholder Shweta Singh reduced her stake in the company through open market transactions.

Transaction Details

Shweta Singh sold a total of 1,94,451 equity shares of MRC Agrotech Limited between September 1-5, 2025. The transactions were carried out through open market sales on the Bombay Stock Exchange (BSE). The largest single-day sale occurred on September 2, 2025, when 83,051 shares were offloaded.

Impact on Shareholding

As a result of these transactions, Shweta Singh's shareholding in MRC Agrotech Limited decreased from 8.34% to 7.39% of the company's total voting capital. The sale represents approximately 0.95% of the company's total equity share capital.

Breakdown of Transactions

The share sales were executed over multiple days:

Company Overview

MRC Agrotech Limited has a total equity share capital of 2,04,87,400 shares with a face value of Rs. 10.00 each. The company is listed on the Bombay Stock Exchange.

Regulatory Compliance

In compliance with SEBI regulations, specifically Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, MRC Agrotech Limited has duly submitted the required disclosures to the Bombay Stock Exchange regarding this change in shareholding.

This transaction highlights the dynamic nature of shareholding patterns in publicly listed companies and demonstrates the importance of transparent reporting of significant changes in ownership stakes.