MRP Agro Limited has informed BSE the current status of the Company''s Flour Mill Project.
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MRP Agro Limited has shared the current status of its Flour Mill Project. A term loan of ₹8.0 crore has been sanctioned for the project, and the company has signed a ₹26.51 crore agreement for construction of a pre-engineered building (PEB). Purchase orders for required machinery have already been placed with suppliers. The company expects to begin trial runs of the Flour Mill by the end of March 2026. MRP Agro is currently involved in dal mill processing, cattle feed, and trading in food grains, coal, and fly ash.
This is a progress update on a new business vertical. Shareholders should note the company is committing significant capital (₹34+ crore combined) to expand into flour milling, with revenue potential only after trial runs in March 2026. Short-term impact on stock may be neutral; long-term impact depends on successful commissioning and returns from the new project.