MRP Agro Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/12/2025 ,inter alia, to consider and approve the allotment of upto 3,91,730 fully ....
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MRP Agro Ltd has called a Board Meeting on December 31, 2025, primarily to consider allotting up to 3,91,730 fully convertible equity warrants to its Promoters and Promoter Group on a preferential basis. Each warrant is convertible into one equity share of Rs. 10 face value, priced at Rs. 130 per warrant, taking the total issue size to about Rs. 5.09 crore. The company had already passed a special resolution for this in its AGM on August 25, 2025, and has received in-principle approval from BSE on December 17, 2025. The board will also consider appointing a new Company Secretary and Compliance Officer. Mr. Manish Kumar Jain, Director (DIN: 08110055), has signed the intimation.
This is a small preferential warrant issue of roughly Rs. 5 crore from existing promoters, so it signals promoter confidence but is too small to materially affect the stock price. Shareholders may see mild dilution later if the warrants are converted into equity shares.