MRP Agro Limited has announced significant management changes following shareholder approval obtained through remote e-voting and an Extraordinary General Meeting (EGM) held on January 9, 2026. The agricultural sector company informed BSE about the key appointments and re-appointments that will shape its leadership structure for the next five years.

Shareholder Approval Process

The company conducted remote e-voting from January 6-8, 2026, followed by an EGM on January 9, 2026, which commenced at 11:30 AM and concluded at 12:40 PM at the company's registered office in Tikamgarh, Madhya Pradesh. The shareholders approved all proposed management changes in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Managing Director Re-appointment

The most significant decision involved the re-appointment of Mr. Manish Kumar Jain (DIN: 08110055) as Managing Director for a five-year term. The appointment details are outlined below:

Mr. Jain has been instrumental in taking major policy decisions and plays a vital role in formulating business strategies and their effective implementation. He is responsible for the expansion and overall management of the company's business operations.

Director Regularizations

The shareholders also approved the regularization of three director appointments, all effective from October 11, 2025, for five-year terms ending October 10, 2030:

Professional Profiles and Contributions

Mrs. Raksha Jain brings eight years of experience in the agricultural industry and has been involved in business planning and guiding activities from the conceptualization stage. As a Non-Executive Director, she will be liable to retire by rotation.

The two Independent Directors bring diverse expertise to the board. Mr. Deepak Luhar holds a Bachelor of Science degree with eight years of relevant experience, while Mr. Santosh Kumar Lohiya contributes 25 years of experience specifically in agricultural commodities business. Both Independent Directors are not liable to retire by rotation.

Regulatory Compliance

All appointed directors have provided affirmations that they are not debarred from holding office by virtue of any SEBI order or other regulatory authority. The appointments comply with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and the company has submitted the required disclosures under Schedule III of the SEBI Listing Regulations.

These management changes position MRP Agro Limited with experienced leadership across various aspects of the agricultural business, combining industry expertise with regulatory compliance to drive the company's growth strategy over the next five years.

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.