MRP Agro Limited has informed the Exchange about fund raising by issuance of Convertible Warrants on preferential basis to Promoters and Promoter Group
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 1.5 pts more than its Retailing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
MRP Agro Limited's board, meeting on July 29, 2025, approved the issuance of up to 3,91,730 Fully Convertible Equity Warrants to Promoters and Promoter Group on a preferential basis. Each warrant is convertible into 1 equity share of face value Rs. 10 at an issue price of Rs. 130 per share (including a Rs. 120 premium), aggregating up to Rs. 5.09 crore. Allottees include Manish Kumar Jain, Raksha Jain, Jain Tube, and Roshni Jain (4 promoter-group investors). 25% of the issue price is payable upfront at subscription, with the remaining 75% due upon warrant exercise within 18 months. The board also fixed August 25, 2025 as the date for the 7th AGM and approved the re-appointment of Raksha Jain as Non-Executive Director.
This is a promoter-group infusion of around Rs. 5 crore, signalling insider confidence but also leading to mild equity dilution (promoter holding moves from ~65.67% to ~66.84% post full conversion). Existing public shareholders may view this as modestly dilutive though it strengthens the company's capital base without adding debt.