The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Manish Kumar Jain & PACs
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Awaiting price reaction for this filing.
Mr. Manish Kumar Jain, Managing Director and promoter of MRP Agro Limited, purchased 15,000 equity shares (0.14% of total share capital) through open market on June 11, 2025. This raises his individual holding from 27.26% (30,28,000 shares) to 27.39% (30,43,000 shares). The total promoter group holding, including PACs such as Raksha Jain, Manish Kumar Jain (HUF), Parth Jain, Roshni Jain, and Jaandar Agro Limited, increased marginally from 65.53% to 65.67%. The disclosure has been filed under Regulation 29(2) of SEBI SAST Regulations, 2011. MRP Agro is listed on the BSE SME platform.
This is a small promoter buy signal indicating insider confidence, though the size is modest at just 0.14% stake addition. The promoter group remains firmly in control at over 65% with no change in control implications for retail shareholders.