Dear Sir, Please find attachment. Regards, For MRC - Agrotech Ltd Compliance Officer
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MRC Agrotech Ltd has signed an exclusive Marketing, Promotion and Distribution MOU with the Government Fruit Preservative Factory (GFPF), a unit under the Government of Sikkim, on 21 January 2026. Under the deal, MRC Agrotech will handle branding, marketing, distribution and sales of GFPF's retail-packaged fruit-based products in India and select overseas markets. The arrangement runs on a principal-to-principal basis with an initial 3-year term (after a moratorium period for setup), renewable by mutual consent. The filing clarifies this is NOT a joint venture, partnership, agency or equity deal — MRC Agrotech holds no stake in GFPF. Specific financial terms have not been disclosed as they are commercially sensitive. The company says this is part of its strategy to expand its agri-business vertical through partnerships with government-owned manufacturers.
This gives MRC Agrotech exclusive distribution rights for a government-backed product line, which could boost its agri-business revenue and market reach once commercial operations begin. However, no financial numbers have been shared, and revenue impact is uncertain until the moratorium period ends and operations commence.