* Mahadhan AgriTech Limited (MAL), a wholly-owned subsidiary of Deepak Fertilizers, will invest up to ₹75 crore in one or more tranches in SOA FUND – SERIES I. * SOA FUND – SERIES I is registered with SEBI as a Category II Alternative Investment Fund. * The agreement aims to record the terms and conditions based on which the Contributor shall make Capital Contributions to the Fund and subscribe to the Units of the Fund. * MAL can appoint one representative to the Investment Committee, and a super-majority of contributors can appoint an independent consultant to review the Fund’s operations. * The units of the Fund will be acquired at a face value of ₹1,000 per unit. * The transaction is considered a related party transaction but will be conducted at arm’s length. * The investment aligns with MAL’s strategy to become a full-stack, farmer-centric agritech player, leveraging innovative agri-business models for future growth with lower capital outlay and risk.
