M.V.K. Agro Food Product Limited — Others, 20-06-2025: Corrigendum

M.V.K. Agro Food Product Limited has announced a revision to its forthcoming Extra Ordinary General Meeting, adjusting the preferential issue size and proposed allottees. The fundraise now involves 45.94 lakh equity shares at Rs. 90 each, totaling Rs. 41.34 Cr, slightly reduced by removing an ineligible non-promoter allottee. Proceeds will fund capital expenditure to expand sugar manufacturing capacity from 2,500 MT to 4,000 MT per day within 12 months. The issue price is based on an independent valuation of Rs. 88.79 per share, rounded to Rs. 90. Post-issue, promoter holding is projected at 59.82%, and non-promoters at 40.18%.