BSEMRC Agrotech LtdMediumNeutral
Announced Tue, 14 Oct · 19:04 IST

Dear Sir, Please find the attachment. Regards, For MRC Agrotech Limited Compliance Officer / Authorised Signatory

Marquee Jv AnnouncedStrategic Transactions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

MRC Agrotech Ltd has signed a 3-year exclusive Master Service Agreement with Temi Tea Estate, a Government of Sikkim undertaking, to market, promote, and distribute retail packets of Sikkim Tea across India and international markets. The agreement, effective from 14 October 2025, includes a 3-month moratorium/probationary period and is subject to renewal. MRC will sell Temi Tea under its own brand while acknowledging Temi as the source, and will bear all promotional, branding, and design costs. Temi Tea Estate, established in 1969, is Sikkim's only tea estate and produces certified organic, GI-tagged 'Sikkim Temi Tea.' The company says there is no immediate material financial impact, but expects enhanced revenue and brand equity over the medium term.

Likely market impact

This is a non-financial, strategic partnership with no immediate impact on earnings, but it gives MRC Agrotech exclusive marketing rights to a premium, government-backed, GI-tagged tea brand, which could strengthen its agri-business portfolio and brand visibility over time.