Corrigendum

To, Date: 19.08.2026 National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai – 400 051 Dear Sir / Madam Symbol: MBAPL Sub: Corrigendum to the Notice of Extra-ordinary General Meeting No. 01-2026/27 of the Company to be held August 28, 2026. Further to our intimation dated August 01, 2026, wherein the Company had informed about the Extra Ordinary General Meeting (“EGM”) scheduled to be held on Friday, August 28, 2026 at 11.00 A.M. (IST) through Video Conferencing to transact the special businesses as set out in the EGM Notice. The EGM Notice has been dispatched to the members of the Company on August 01, 2026 in due compliance with the provisions of the Companies Act, 2013 read with the relevant rules made thereunder, circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India and all other applicable provisions. In this regard, we wish to inform about the changes to the Notice of the EGM vide this Corrigendum which shall form an integral part of the Notice of EGM dated July 29, 2026, which has already been circulated to members of the Company and on and from the date hereof, the Notice of the EGM shall always be read in conjunction with this Corrigendum. A copy of the detailed Corrigendum is enclosed herewith. The said Corrigendum is also available on the website of the Company at www.mbapl.com and National Stock Exchange of India Limited at www.nseindia.com Further, the Corrigendum is circulated to the members through electronic means, in the same manner as the EGM Notice, to ensure adequate dissemination of information prior to the commencement of e-voting. Except as detailed in the attached Corrigendum, all other items of the Notice of the EGM along with Explanatory Statement shall remain unchanged. This is for your information and record. Thanking You. Yours faithfully, 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.: 01482-237104 Works: Village Rajoua, Dist. Sagar 470002 (M.P.) Mob. 09329846672 MADHYA BHARAT AGRO PRODUCTS LIMITED Registered Office: Wing A/1, 1st Floor, Ostwal Heights, Urban Forest, Atun, Bhilwara, 311802 CIN: L24121RJ1997PLC029126 Tel. No.: 01482-294582 Website: www.mbapl.com Email: secretarial@mbapl.com CORRIGENDUM TO THE NOTICE OF EXTRAORDINARY GENERAL MEETING OF THE COMPANY This is with reference to the Notice of Extraordinary General Meeting No. 01/2026-27 of scheduled to be held on Friday, August 28, 2026 at 11.00 A.M. issued to the members of Madhya Bharat Agro Products Limited (“the Company”) and e-voting available from 09.00 A.M. (IST) on Monday, August 24, 2026 to 5.00 P.M. (IST) on Thursday, August 27, 2026. The Notice of Extraordinary General Meeting was dispatched via email to the Shareholders of the Company on August 01, 2026 (“EGM Notice), in due compliance with the provisions of the Companies Act, 2013, and rules made thereunder, read with circulars issued by the Ministry of Corporate Affairs and Securities Exchange Board of India, respectively. We draw the attention of all the members of the Company towards the said Extraordinary General Meeting Notice. This Corrigendum is being issued to give notice to amend the details as mentioned below and pursuant to the provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, applicable provisions of the Companies Act, 2013 and rules made thereunder read with the MCA Circulars and in compliance of details/clarifications in light of the suggestions/comments received from National Stock Exchange of India Limited while seeking in principle approval for Preferential issue of Equity shares: 1. In compliance with sub-regulation (1) of Regulation 159 of SEBI (ICDR) Regulations, 2018, the proposed allottee name “Suruchi Foods Private Limited” is removed from the list of allottees and its resultant equity shares are proposed to be allotted to Paras Giri Ventures Private Limited, an existing proposed allotee of the preferential issue. Accordingly, the existing table under Resolution No. 1 on pages no 2 and 3 shall be replaced with the following table: S Name of the Category Maximum no. of equity Maximum amount No. proposed Allottee shares to be allotted to be raised (In Rs.) 1. Anurag Public – Non 55,00,000 797500000 Choudhary Promoter 2. Shikha Public – Non 20,00,000 290000000 Choudhary Promoter 1 | P age MADHYA BHARAT AGRO PRODUCTS LIMITED 3. Maryada Barter Public – Non 33,00,000 478500000 Private Limited Promoter 4. Pragya Mercantile Public – Non 33,00,000 478500000 Private Limited Promoter 5. RCM Consumer Public – Non 18,00,000 261000000 Products Private Promoter Limited 6. KLJ Plasticizers Public – Non 5,00,000 72500000 Limited Promoter 7. Infinity Jeans Public – Non 5,00,000 72500000 Private Limited Promoter 8. Mahavir Public – Non 5,00,000 72500000 Texturising Promoter Private Limited 9. Shree Ambaji Public – Non 5,00,000 72500000 Weaves Private Promoter Limited 10. Shrinathji Public – Non 5,00,000 72500000 Crimpers Private Promoter Limited 11. Vaishnavi Public – Non 5,00,000 72500000 Creation Private Promoter Limited 12. Paras Giri Public – Non 20,00,000 290000000 Ventures Private Promoter Limited 13. Gopal Lal Melana Public – Non 1,25,000 18125000 Promoter 14. Pooja Bachhawat Public – Non 1,20,000 17400000 Promoter 15. Meghavi Jain Public – Non 50,000 7250000 Promoter 16. Gautambhai Public – Non 7,00,000 101500000 Gheesulal Shah Promoter Total 21895000 3174775000 Note-There is no change in the size and price of the issue of the equity shares. All other terms and conditions of the proposed preferential issue, as approved earlier by the Board, shall remain unchanged. 2 | P age MADHYA BHARAT AGRO PRODUCTS LIMITED 2. In the Explanatory statement of the said Notice of EGM, at point No. 2 of Item no. 1 at pages no. 21 and 22, the disclosure relating to the “Objects of the Issue” to be read as under: • Objects of the Issue: The Company intends to utilize the proceeds raised through the issue of Equity Shares (“Issue Proceeds”) towards the following objects: 1. Capital Expenditure 2. Working Capital Requirements. 3. General Corporate Purposes. (Hereinafter collectively referred to as “Objects”) Utilization of Proceeds The Company shall utilize the proceeds from the preferential issue of Equity Shares as under: S. Object of the proposed issue Estimated Amount to Tentative Time No. be utilized for each Frame for of the objects (Rs.) utilization 1. To meet the capital expenditure 50,00,00,000 (Rupees Within 6 months requirement for the purchase and Fifty Crores Only) from the date of installation of Plant, Machineries receipt of funds and Equipment and civil construction of buildings for new manufacturing facility of the company at Dhule, Maharashtra. 2. Working Capital Requirements 192,47,75,000 (Rupees Within 6 months One Hundred and from the date of ninety two Crores receipt of funds Forty Seven Lakhs Seventy Five Thousand Only) 3. General corporate purposes 75,00,00,000 (Rupees Within 6 months Seventy-five Crores from the date of Only) receipt of funds Total 317,47,75,000/- (Rupees Three Hundred and Seventeen Crores Forty Seven Lakhs Seventy Five Thousand Only) 3 | P age MADHYA BHARAT AGRO PRODUCTS LIMITED The amounts specified above is based on the management estimates made currently, which may vary due to circumstances in future and hence there may be a deviation of +/- 10% in each of the above specified objects in terms of NSE Circular No. NSE/CML/2022/56 dated 13th December 2022. Further, the amount pending utilisation towards the objects of the issue, will be invested in the manner and on the terms and conditions, deemed fit/appropriate and approved by the Board of the Company and as may be permitted under Applicable Laws. If the Issue Proceeds are not utilised (in full or in part) for the Objects during the period stated above [Showing first 8,000 characters — download PDF for full document]