M.V.K. Agro Food Product Limited
Incorporated in February 2018, MVK Agro Food Product Limited is a manufacturer of integrated sugar and other related products.
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MVK Agro is diversifying into ethanol & CBG, aiming for a 60% sugar/40% by-product revenue mix. Management guides for ₹350 Cr revenue in FY27, escalating to ₹650-700 Cr in FY28 with improved margins. A ₹50 Cr rights issue supports capex for its ₹275 Cr "Mega Project," with new operations beginning...
M.V.K. Agro Food secured approval for its 120 KLPD Syrup/Molasses based Ethanol Distillery Plant and 2.5 MW Cogeneration Power Plant in Nanded, Maharashtra. This clears the path for the project's development.
M.V.K. Agro received approval to expand sugarcane crushing capacity from 2,500 to 4,000 TCD and molasses capacity from 16,800 to 26,880 MT. This expansion aims to significantly boost the company's production potential.
MVK Agro has partnered with MNGL and GAIL (India) via a tripartite agreement for the supply of Biogas/CBG. This deal creates a significant new business opportunity in the renewable energy sector.
M.V.K. Agro Food received trading approval for 45.94 lakh new equity shares (valued at Rs 4.59 Cr) issued for cash, and 3.04 Cr shares (valued at Rs 30.42 Cr) via preferential share swap. These shares are now admitted for trading, expanding the public float.