Board Meeting15 Jun 2026, 11:46 am
MRC Agrotech Board Meeting on June 22 to Discuss Land Lease, Subsidiary Investment
AI Summary
MRC Agrotech Ltd has announced a Board of Directors meeting scheduled for June 22, 2026. The agenda includes considering a proposal to lease approximately 50 acres of land for business operations, recognizing and capitalizing eligible Work-in-Progress into fixed assets, and approving the conversion of ₹3.88 Crores in loans and advances into an equity investment in its 51% owned subsidiary. The meeting will also address any other matters with the Chair's permission.
Key Highlights
- Board meeting scheduled for June 22, 2026.
- Proposal to lease 50 acres of land for operations.
- Consideration of converting ₹3.88 Cr loans to subsidiary equity.
- Capitalization of Work-in-Progress into fixed assets.
Price Impact
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