BSEBoard Meeting▲ PositiveExpansion22 Jun 2026
MRC Agrotech Ltd
Dear Sir, Please find the attachment. Regards, For MRC Agrotech Limited Compliance Officer / Authorised Signatory
MRC Agrotech Ltd's Board has approved the acquisition of approximately 51.46 acres of land on a long-term lease basis in Nandurbar, Maharashtra, to support its business expansion and agricultural operations. Additionally, the Board sanctioned the conversion of existing loans and advances totaling about Rs. 3.88 Crores into equity investment in its 51% subsidiary, Agronica Seeds Spark Private Limited. This conversion aims to strengthen the subsidiary's capital base without any fresh fund disbursement, and the transaction was approved as a related party transaction following due process.
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