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MRC Agrotech LtdImportant, 12-12-2025: Company Update

12-12-2025 | 04:50 pm

MRC AGROTECH has clarified the use of funds from its preferential issue, totaling 4.29 Cr. The company will allocate 3.13 Cr towards working capital, covering raw material purchases, supplier payments, and operational expenses. Another 1.00 Cr is earmarked for future growth, including acquisition integration, establishing a pilot R&D facility for bio-formulations, launching new products, and expanding into nutraceuticals and soil health management. A smaller amount, 0.15 Cr, will go towards general corporate needs. Importantly, no proceeds will be used for debt repayment, as prior borrowings were settled internally.

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