Updates

Date: 10.09.2026 National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai – 400 051 Dear Sir / Madam, Sub: Restructuring the utilisation of proceeds from the Preferential Issue of Equity Shares This has reference to our Board Meeting dated September 10, 2026, regarding the allotment of equity shares under Preferential Issue. Please note that, on account of undersubscription by certain proposed allottees for the aforesaid preferential issue of equity shares, the Board of Directors of the Company has approved the restructuring of utilisation of the issue proceeds as under: S. Object of the issue Existing utilization Proposed No. (Rs.) utilization (Rs.) 1. To meet the capital expenditure *50,00,00,000 (Rupees * 33,00,60,000 requirement for the purchase and Fifty Crores Only) (Rupees Thirty installation of Plant, Machineries three Crores and and Equipment and civil sixty thousand construction of buildings for new Only) manufacturing facility of the company at Dhule, Maharashtra. 2. Working Capital Requirements 192,47,75,000 (Rupees 192,47,75,000 One Hundred and (Rupees One ninety two Crores Hundred and Forty Seven Lakhs ninety two Crores Seventy Five Forty Seven Lakhs Thousand Only) Seventy Five Thousand Only) 3. General corporate purposes 75,00,00,000 (Rupees 75,00,00,000 Seventy-five Crores (Rupees Seventy- Only) five Crores Only) Registered Off. - Wing A/1, 1st Floor, Ostwal Heights, Urban Forest, Atun, Bhilwara 311802 Ph.: 01482-294582 Works: Village Rajoua, Dist. Sagar 470002 (M.P.) Mob. 09329846672 Total *317,47,75,000/- *300,48,35,000/- (Rupees Three (Rupees Three Hundred and Hundred Crores Seventeen Crores Forty Eight Lakhs Forty Seven Lakhs Thirty Five Seventy Five Thousand Only) Thousand Only) *The amount was reduced due to undersubscription of equity shares offered to few investors. This is for your information and records. Thanking you. Yours sincerely, For Madhya Bharat Agro Products Ltd (Pallavi Sukhwal) Company Secretary M.No. A43744 Registered Off. - Wing A/1, 1st Floor, Ostwal Heights, Urban Forest, Atun, Bhilwara 311802 Ph.: 01482-294582 Works: Village Rajoua, Dist. Sagar 470002 (M.P.) Mob. 09329846672