MRP Agro Limited has allotted 3,91,730 fully paid-up Equity shares pursuant to conversion of warrants approved in Board Meeting held on March 02, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
MRP Agro Limited has allotted 3,91,730 fully paid-up equity shares of Rs. 10 face value each at a price of Rs. 130 per share (including Rs. 120 premium), aggregating to Rs. 3,81,93,675. The shares were issued upon conversion of warrants that were earlier allotted on a preferential basis on December 31, 2025, with warrant holders now paying the balance 75% of the issue price. All 4 allottees are from the promoter group: Manish Kumar Jain, Raksha Jain, Manish Kumar Jain HUF, and Roshni Jain. As a result, the company's paid-up equity capital has increased from Rs. 11,10,82,700 to Rs. 11,50,00,000.
This is the completion of a previously announced preferential warrant conversion, so it does not come as a surprise. Existing public shareholders face minor equity dilution (paid-up capital rises by roughly 3.5%), while the promoter group's stake and control in the company strengthens further. No fresh market action is expected from this specific event.