Dear Sir, Please find the attachment. Regards, For MRC Agrotech Limited Compliance Officer
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MRC Agrotech's Board of Directors, at a meeting held on January 3, 2026, approved the allotment of 21,97,910 equity shares for cash and 86,42,097 equity shares for consideration other than cash, all at Rs. 19.50 per share (face value Rs. 10, premium Rs. 9.50). The cash portion aggregates to about Rs. 4.29 crore and was allotted to 8 non-promoter investors. The non-cash portion (86.42 lakh shares) was issued to promoter and non-promoter group entities as a share swap to acquire 100% of M/s. MARSAPI Life Sciences Private Limited. After allotment, Wordexx Ventures Pvt Ltd will hold 10.62% and promoters Vindu Mahendra Pratap Singh and Ashok Kumar Singh will hold 5.14% and 6.94% respectively in the company.
The share swap expands MRC Agrotech's footprint into life sciences by acquiring MARSAPI Life Sciences, while the cash raise of ~Rs. 4.29 crore brings in new non-promoter investors. Shareholders should expect dilution from over 1 crore new shares, but the acquisition could add a new business vertical.