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Madhya Bharat Agro Products Ltd. ( (IN:MBAPL) ) just unveiled an update.
Madhya Bharat Agro Products Ltd. has announced plans to seek shareholder approval for issuing securities up to ₹1,000 Crore to support its future growth and funding needs, superseding a previous resolution for ₹200 Crore. Additionally, the company plans to reappoint Mrs. Shruti Babel as an Independent Director and Mr. Sourabh Gupta as a Whole Time Director and CFO, both for five-year terms, subject to shareholder approval at the upcoming Annual General Meeting. The board also appointed a scrutinizer for e-voting and set dates for the AGM and dividend record date.
More about Madhya Bharat Agro Products Ltd.
Madhya Bharat Agro Products Ltd. operates in the agrochemical industry, focusing on the production and distribution of fertilizers and related agricultural products. The company is positioned to cater to the agricultural sector, providing essential inputs for crop production and enhancing agricultural productivity.
Average Trading Volume: 248,585
Technical Sentiment Signal: Buy
Current Market Cap: 38.17B INR
Learn more about MBAPL stock on TipRanks’ Stock Analysis page.