Latest news about SSMD Agrotech
SSMD Agrotech
59.80
+1.76(+3.03%)
Company Performance:
View Company Insights1D+3.03%
1M-13.33%
6M-2.21%
1Y-21.98%
5Y-21.98%
More news about SSMD Agrotech
06Mar 26
SSMD Agrotech India Limited Expands into Import Business with Launch of Manohar Agro Popcorn Brand
SSMD Agrotech India Limited has strategically expanded into agricultural commodity imports with its first maize import, marking entry into international sourcing operations. The company launched 'Manohar Agro Popcorn' brand under its House of Manohar umbrella for domestic market distribution. This initiative aims to enhance product portfolio, sourcing capabilities, and market reach while strengthening brand presence in the agro-commodity segment.
15Feb 26
SSMD Agrotech India Limited Board Approves Internal Auditor Appointment and ₹5 Crore Overdraft Facility
SSMD Agrotech India Limited's board meeting on February 14, 2026, resulted in several significant corporate decisions including the appointment of Ms. Nancy Jain as Internal Auditor for FY 2025-26, replacing Mr. Rajmani Thakur. The board authorized Managing Director Mr. Ishu Munjal to execute an MOU with DEMETER COMMODITIES SL for oil sector expansion and approved an Overdraft facility of up to ₹5 crore for business expansion purposes. The company also adopted its Monitoring Agency Report for the quarter ended December 31, 2025.
10Feb 26
SSMD Agrotech India Limited Completes Full Repayment of Rs 5.3 Crore Working Capital Facility Using IPO Proceeds
SSMD Agrotech India Limited has successfully repaid its entire Corporate Working Capital Facility of Rs. 5.3 crores using IPO proceeds, as confirmed by a no dues certificate dated February 10, 2026. The facility, originally sanctioned under agreement FA-BLGDELCA170507 on July 16, 2024, has been fully settled with all securities released by the lender. This repayment aligns with the company's stated IPO proceeds utilization plan and demonstrates effective capital allocation and financial management.
13Jan 26
SSMD Agrotech India Opens Second D2C Store as Part of IPO Expansion Plan
SSMD Agrotech India Limited announces the opening of its second Direct-to-Consumer store on January 15, 2026, utilizing IPO proceeds as part of its strategic expansion plan. The development aligns with objectives outlined in the IPO offer documents and represents progress in the company's retail rollout under the House of Manohar brand.
31Dec 25
SSMD Agrotech Board Approves Auditor Appointments and Scrip Name Change
SSMD Agrotech India Limited announced key corporate governance decisions from its December 31, 2025 board meeting, including the appointment of M/s G Rishabh & Co. as Secretarial Auditor for a five-year term and Mr. Rajmani Thakur as Internal Auditor for FY2025-26. The board also approved changing the company's scrip name on BSE SME from 'SSMD' to 'House of Manohar' to align with the main brand identity.
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