MRP Agro's board recently approved a preferential issue of up to 3.91 lakh fully convertible warrants to promoters and promoter group.

Each warrant is convertible into one equity share at Rs. 130, aiming to raise up to Rs. 5.09 Cr.

This capital infusion can support future growth and operations.

The board also re-appointed Mrs. Raksha Jain as Non-Executive Director and finalized details for the 7th Annual General Meeting on August 25.