Madhya Bharat Agro Products Limited has informed the Exchange regarding 'Madhya Bharat Agro Products Limited has executed and registered the lease agreement on dated 13th June 2025 for industrial land measuring 178,200 Sq. Mt. at Banda, Sagar, Madhya Pradesh, allotted by the Madhya Pradesh Industrial Development Corporation Ltd (MPIDC).The total land of Madhya Bharat Agro Products Ltd at Banda, Sagar now stands at 641,656 Sq. Mt. The land is intended for future expansion and industrial development projects of the company.'.
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Madhya Bharat Agro Products Limited has executed and registered a lease agreement dated 13th June 2025 for 178,200 Sq. Mt. of industrial land at Banda, Sagar, Madhya Pradesh, allotted by the Madhya Pradesh Industrial Development Corporation Ltd (MPIDC). With this addition, the company's total land holdings at Banda, Sagar now stand at 641,656 Sq. Mt. The newly leased land is intended for future expansion and industrial development projects. The company has disclosed this under Regulation 30 of SEBI LODR Regulations, 2015.
The expanded land bank signals future growth ambitions and potential capacity addition for the company, which could support long-term revenue growth. However, the announcement is about land acquisition for future use — actual project execution timelines and investment details are not yet disclosed.