MRP Agro Limited announced a private placement of 366,000 common shares at a face value of INR 10 per share on June 15, 2023. The transaction will include participation from returning investor, Jaandar Agro Private Limited for 28,000 shares, Anmol Com Trade for 18,000 shares with pre-transaction ownership of 4.930% along with new individual investors, Vineet Jain for 20,000 shares, Jinesh Kumar Jain for 20,000 shares, Poorva Jain for 15,000 shares, Puneet Jain for 20,000 shares, Nandhni Jain for 15,000 shares, Ayushi Jain for 15,000 shares, Sujata Jain for 40,000 shares, Anmaika Jain for 50,000 shares, Prasanna Jain for 9,000 shares, Vidhhya Devi Jain for 9,000 shares, Neelam Jain for 9,000 shares, Ranu Jain for 9,000 shares, Ashish Jain for 20,00 shares, Shardha Jain for 20,000 shares, Neha Lata for 20,000 shares, Gunmala Jain for 20,000 shares and Ashish Kumar Jain for 9,000 shares. The issue price will be fixed on the ?relevant date?

being not lower than the minimum price calculated in accordance with the regulations with the Regulations for Preferential Issue contained in Chapter V of SEBI (ICDR) Regulations, 2018. The transaction has been approved by board of directors of the company and is subject to the approval from the shareholders of the company and such other regulatory/governmental approvals as may be required.