MRP Agro (BOM:543262) has earmarked capital expenditure of 198.7 million Indian rupees for setting up a new flour mill plant, according to a Tuesday filing to the Indian stock exchanges.
The planned plant is proposed to have a 160 tons per day (TPD) roller flour mill unit, a 60-TPD atta chakki unit, a 250 TPD wheat cleaning grading unit, a warehouse, and cold storage, among others.
The new plant is scheduled to be completed by December 2026 and is expected to boost the company's processing capabilities and diversify its product portfolio.
The company's shares were up nearly 4% in recent trade.
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