Madhya Bharat Agro Products Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on Jun 24, 2026

Madhya Bharat Agro Products Limited (MBAPL) has called its 29th AGM on June 24, 2026 at 11:00 AM via video conferencing. Key agenda items include adoption of FY 2025-26 financial statements, declaration of dividend at Rs 0.50 per share (5% on Rs 10 face value), and re-appointment of Praveen Ostwal as director. Significant corporate actions proposed include a 5:1 share split (Rs 10 face value to Rs 2), increase in borrowing powers to Rs 2,500 Crores, and authority to raise funds up to Rs 1,000 Crores. The company seeks approval for material related party transactions with its holding company Ostwal Phoschem (India) Limited (up to Rs 1,400 Crores), Krishana Phoschem Limited (up to Rs 1,400 Crores), and Shri Ganpati Fertilizers Limited (up to Rs 500 Crores), totaling Rs 3,300 Crores. Loans to directors/interested parties up to Rs 300 Crores and continuation of an independent director post 75 years of age are also on the agenda.