We wish to inform Under Reg. 30 of SEBI (LODR) Regulation 2015, that MRP Agro Limited has initiated Capital Expenditure (CAPEX) for setting up a new Flour Mill Plant. Expected Time Frame ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
MRP Agro Limited has begun capital expenditure to set up a new Flour Mill Plant as part of its expansion plans. The project will be implemented in phases and is expected to be completed by December 2026. The facility will span about 27,000 sq ft for the flour mill and 5,000 sq ft for cold storage, with installed capacity of 160 TPD Roller Flour Mill, 60 TPD Atta Chakki, and 250 TPD Wheat Cleaning & Grading. The estimated project cost is around INR 1,987 lakhs (~19.87 crore). The company is currently in the process of acquiring necessary approvals.
This expansion could strengthen MRP Agro's processing capabilities and product portfolio over the medium term, supporting future revenue growth, but it also brings near-term capex outflows and execution risk. Shareholders should watch for project milestones, approval progress, and any impact on debt levels as indicators of execution.