MRP Agro Ltd — Others, 30-07-2025: AGM/EGM
30-07-2025 | 04:43 pm
30-07-2025 | 04:43 pm
MRP Agro Limited has announced its upcoming Annual General Meeting. Shareholders will consider adopting the financial results for the year ending March 31, 2025, and the re-appointment of Mrs. Raksha Jain as a Non-Executive Director. A key proposal is the preferential issue of 3,91,730 fully convertible warrants to promoters and the promoter group at Rs. 130 per warrant, aiming to raise Rs. 5.09 Cr. These funds are intended to meet the company's working capital requirements, supporting ongoing trading and manufacturing operations. The warrants are convertible into equity shares within 18 months. This move strengthens the balance sheet and funds growth initiatives.
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