MRP Agro Ltd Allots 3,91,730 Equity Shares Following Warrant Conversion

MRP Agro Limited has allotted 3,91,730 fully paid-up equity shares following the conversion of warrants by warrant holders. The warrants were issued on a preferential basis to promoters at a price of Rs. 130/~ each. The warrant holders, including Manish Kumar Jain and Roshni Jain, have exercised their option of conversion and paid the balance 75% of the issue price. The newly issued shares will rank pari-passu with existing shares, and the company's paid-up equity share capital has increased accordingly.