MRP Agro Limited has submitted to BSE the 07th Annual Report for FY 2024-25
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Awaiting price reaction for this filing.
MRP Agro Limited, a pulse processing and agri-commodity company based in Tikamgarh, Madhya Pradesh, submitted its 07th Annual Report for FY 2024-25 to BSE. The company inaugurated a new dal mill processing unit on May 20, 2024, and received an Industrial Development Subsidy of ₹3.36 crore (40% of eligible investment) under the MP MSME Protsahan Yojna 2021, payable in four annual installments. No dividend has been recommended for the year. The 7th AGM is scheduled for August 25, 2025, and shareholders will vote on a special resolution to issue 3,91,730 fully convertible warrants at ₹130 per warrant to the promoter and promoter group on a preferential basis. The company remains listed on the BSE SME platform with statutory auditor M/s A Y & Company and secretarial auditor M/s MSV and Associates.
The annual report submission is a routine compliance filing and is unlikely to move the stock on its own. However, the proposed preferential warrant issue to promoters signals promoter confidence and potential capital infusion, while the ₹3.36 crore government subsidy and new dal mill unit support capacity expansion and financial strength.