Outcome of Board Meeting

Date: 29.07.2026 National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai – 400051 Symbol – MBAPL Sub: Outcome of the Board Meeting under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ["SEBI Listing Regulations"] Dear Sir / Madam, Ref: ISIN: INE900L01028 In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), We wish to inform you that the Board of Directors of the Company at its meeting held on Wednesday, 29th July 2026 which commenced at 03.30 p.m. and concluded at 04.15 p.m. inter- alia, considered and approved the following business items: - 1. Raising of funds through Issue and allotment of up to an aggregate amount of Rs. 317,47,75,000/- (Rupees Three Hundred and Seventeen Crores Forty Seven Lakhs Seventy Five Thousand Only) by way of issuance of upto 2,18,95,000 (Two Crores Eighteen Lakhs Ninety Five Thousand) Equity Shares of the Company having face value of Rs. 2/- (Rupees Two) each at a price of Rs. 145/- per share (including premium of Rs. 143/- per share) by way of preferential allotment through private placement, subject to the approval of Members of the Company and other approvals, as applicable to the persons falling under the non-promoter category. The Relevant Date, in terms of provision of SEBI (ICDR) Regulations, 2018 for the preferential issue is Wednesday 29th July 2026. Details as required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, with respect to the Preferential Allotment is enclosed as “Annexure A”. 2. Approved amendments to the object clause of the Company’s Memorandum of Association (“MOA”) subject to the approval of the members. A summary of the proposed changes in the MOA, as required under the Regulation 30 of the Listing Regulations, is enclosed as Annexure - B 3. Board of directors considered and approved the draft of Offer Letter. Registered Off. - Wing A/1, 1st Floor, Ostwal Heights, Urban Forest, Atun, Bhilwara 311802 Ph.: 01482-237104 Works: Village Rajoua, Dist. Sagar 470002 (M.P.) Mob. 09329846672 4. Board of directors approved to Open Separate Bank Account for preferential issue. 5. Board of directors considered and fixed Friday, 28th August 2026 at 11.00 A.M. IST as the date of Extra Ordinary General Meeting and approved Draft Notice convening Extra Ordinary General Meeting of shareholders of the company through Video Conferencing (‘VC”)/ Other Audio-Visual Means (OAVM). 6. Considered and fixed cut-off date i.e. July 24, 2026 for dispatch of notice of Extraordinary General Meeting. 7. Considered and Appointed M/s. Sourabh Bapna, Practicing Company Secretary (CP. No. 19968) as a Scrutinizer to scrutinize the Remote E-Voting process in a fair and transparent manner for the purpose of Extraordinary General Meeting. 8. Board of directors considered and appointed National Securities Depository Limited (NSDL) for facilitating E- Voting. 9. Considered and fixed Friday August 21st, 2026 as the Record Date (Cut-off Date) for the purpose of ascertaining the member eligible for e- voting at Extra Ordinary General Meeting. 10. Took on Records Certificates issued by Practicing Company Secretary for the purpose of Pricing of Securities to be issued and Compliance Certificate issued by Practicing Company Secretary for the purpose of Preferential Issue of Equity Shares. 11. Considered and Appointed Crisil Rating Limited, a SEBI Registered credit rating agency as a Monitoring Agency to monitor the use of proceeds of the proposed preferential issue in terms of the provisions of Regulation 162A of the SEBI (ICDR) Regulations, 2018 as the issue size exceeds one hundred crore rupees. Kindly take note of the above. Thanking you, Yours faithfully, For Madhya Bharat Agro Products Limited (Pallavi Sukhwal) Company Secretary M.No.-A43744 Registered Off. - Wing A/1, 1st Floor, Ostwal Heights, Urban Forest, Atun, Bhilwara 311802 Ph.: 01482-237104 Works: Village Rajoua, Dist. Sagar 470002 (M.P.) Mob. 09329846672 Annexure A Disclosure under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 1. Type of securities proposed to be issued (viz. Equity Shares) a) Equity Shares of the face value of Rs. 2/- each of the company bearing ISIN INE900L01028 2. Type of issuance Issue of Equity shares through Preferential basis 3. Total Number of securities proposed to be issued or Total amount for which the securities will be issued (approximately); Upto 2,18,95,000 (Two Crores Eighteen Lakhs Ninety Five Thousand) Equity Shares of the face value of Rs. 2/- each at a price of Rs. 145/- (including a premium of Rs. 143/- per share) for an aggregate amount up to Rs. 317,47,75,000/- (Rupees Three Hundred and Seventeen Crores Forty Seven Lakhs Seventy Five Thousand Only) In case of Preferential issue the listed entity shall disclose the following disclosures: a) Names and number of investors: S. Name of the proposed Category No. of Equity No. Allottee/Investors Shares to be allotted (approximately) 1. Anurag Choudhary Individual – Non 55,00,000 Promoter 2. Shikha Choudhary Individual – Non 20,00,000 Promoter 3. Maryada Barter Private Limited Corporate – Non 33,00,000 Promoter 4. Pragya Mercantile Private Limited Corporate – Non 33,00,000 Promoter Registered Off. - Wing A/1, 1st Floor, Ostwal Heights, Urban Forest, Atun, Bhilwara 311802 Ph.: 01482-237104 Works: Village Rajoua, Dist. Sagar 470002 (M.P.) Mob. 09329846672 5. RCM Consumer Products Private Corporate – Non 18,00,000 Limited Promoter 6. Suruchi Foods Private Limited Corporate – Non 5,00,000 Promoter 7. KLJ Plasticizers Limited Corporate – Non 5,00,000 Promoter 8. Infinity Jeans Private Limited Corporate – Non 5,00,000 Promoter 9. Mahavir Texturising Private Corporate – Non 5,00,000 Limited Promoter 10. Shree Ambaji Weaves Private Corporate – Non 5,00,000 Limited Promoter 11. Shrinathji Crimpers Private Corporate – Non 5,00,000 Limited Promoter 12. Vaishnavi Creation Private Limited Corporate – Non 5,00,000 Promoter 13. Paras Giri Ventures Private Corporate – Non 15,00,000 Limited Promoter 14. Gopal Lal Melana Individual – Non 1,25,000 Promoter 15. Pooja Bachhawat Individual – Non 1,20,000 Promoter 16. Meghavi Jain Individual – Non 50,000 Promoter 17. Gautambhai Gheesulal Shah Individual – Non 7,00,000 Promoter b) Post Allotment of Securities – Outcome of the subscription: Details of Shareholding is as under: - Registered Off. - Wing A/1, 1st Floor, Ostwal Heights, Urban Forest, Atun, Bhilwara 311802 Ph.: 01482-237104 Works: Village Rajoua, Dist. Sagar 470002 (M.P.) Mob. 09329846672 SN Name of proposed Category Pre-Issue No. of Post Issue . Allottee / Investors Shareholding equity Shareholding Structure shares to be Structure allotted Number % of Number % of of Shares Shares of Shares Shares 1. Anurag Choudhary Individual - - 55,00,000 55,00,000 – Non Promoter 1.20 2. Shikha Choudhary Individual - - 20,00,000 20,00,000 – Non Promoter 0.43 3. Maryada Barter Private Corporate - - 33,00,000 33,00,000 Limited – Non Promoter 0.72 4. Pragya Mercantile Corporate - - 33,00,000 33,00,000 Private Limited – Non Promoter 0.72 5. RCM Consumer Corporate 1243045 0.28 18,00,000 30,43,045 Products Private – Non Limited Promoter 0.66 6. Suruchi Foods Private Corporate - - 5,00,000 5,00,000 Limited – Non Promoter 0.11 7. KLJ Plasticizers Corporate - - 5,00,000 5,00,000 Limited – Non Promoter 0.11 8. Infinity Jeans Private Corporate 1126950 0.26 5,00,000 16,26,950 Limited – Non Promoter 0.35 9. Mahavir Texturising Corporate 1731450 0.40 5,00,000 22,31,450 Private Limited – Non Promoter 0.49 Registered Off. - Wing A/1, 1st Floor, Ostwal Heights, Urban Forest, Atun, Bhilwara 311802 Ph.: 01482-237104 Works: Village Rajoua, Dist. Sagar 470002 (M [Showing first 8,000 characters — download PDF for full document]