BSEMRP Agro LtdHighPositive
Announced Mon, 8 Sept · 13:07 IST

MRP Agro Limited has informed BSE regarding the commencement of work for its proposed Flour Mill Project along with the submission of the tentative project timeline under Regulation 30 ....

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

MRP Agro has begun physical construction of its new Flour Mill at Dhonga, Tikamgarh (Madhya Pradesh), starting with foundation and base work. The project has a planned wheat cleaning capacity of 250 MT per day, wheat flour milling capacity of 160 MT per day, and chakki atta processing capacity of 80 MT per day, housed in a 33,000 sq. ft. pre-engineered building with 50,000 quintals of storage space. As per the tentative timeline, civil flooring is targeted by end-November 2025, PEB building by end-December 2025, machinery installation by first week of February 2026, and trial operations/commissioning by first week of March 2026. The company has completed site formalities, arranged financing, and finished project design and approvals. Progress will be reported monthly.

Likely market impact

This is a forward-looking expansion announcement — near-term impact on stock price is likely limited as the project is still in early construction, but successful commissioning by March 2026 could expand the company's revenue base in flour and atta processing. Investors should watch for timely execution and any updates on funding/cost overruns in monthly progress reports.