MRC Agrotech Ltd has formally informed the Bombay Stock Exchange Limited about the untimely and sad demise of Shri Jainendra Baxi, who served as Non-Executive Independent Director of the Company. The demise occurred on July 1, 2026.
The company received information about the demise on the same day, July 1, 2026. The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company describes Shri Baxi's passing as "sudden and unexpected" and an "irreparable loss" to the organization. All directors and employees of the company have conveyed deep sympathy, sorrow, and condolences to his family.
Regarding governance continuity, the company has stated that it will fill the resultant vacancy created by this demise within the stipulated time as permissible under applicable law.