Dear Sir, Please find the attachment. Regards, For MRC Agrotech Limited Compliance Officer/ Authorised Signatory
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MRC Agrotech Ltd has signed a non-binding Memorandum of Understanding (MoU) with Israel-based ME Technology Trading Ltd on December 16, 2025. The collaboration aims to bring agri-technology solutions like AI, IoT, data analytics, robotics and digital tools to the Indian market. ME Technology Trading Ltd will develop and supply these tech products, while MRC Agrotech will handle marketing, distribution and sales in India. The MoU explicitly does not create any joint venture, partnership, equity relationship or financial obligation at this stage. Both parties will act on a principal-to-principal basis, and either side can terminate the agreement by giving three months' written notice.
This is a preliminary, non-binding agreement with no immediate financial impact on the company. It signals MRC Agrotech's intent to strengthen its agri-tech offerings but does not involve any capital commitment, acquisition or stake purchase, so shareholders should view it as a directional announcement rather than a value-driving event.