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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MRP Agro Limited informed the BSE that promoter Manish Kumar Jain purchased 15,000 equity shares (0.14% of the company's equity capital) through open market on June 11, 2025. After this acquisition, his individual holding rose from 30,28,000 shares (27.26%) to 30,43,000 shares (27.39%). The total promoter and promoter group holding increased marginally from 65.53% to 65.67%. The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The company's total equity share capital stands at Rs. 11.10 crores divided into 1,11,08,270 equity shares of Rs. 10 each.
This is a small open-market purchase by the promoter signalling continued confidence in the company, but the 0.14% increase is marginal and unlikely to move the stock price materially. Retail investors should note that promoter group already controls 65.67% of the company, leaving limited free float.