Deepak Fertilisers’ wholly-owned subsidiary, Mahadhan AgriTech Limited (MAL), plans to invest up to ₹75 crores in SOA FUND – SERIES I. This fund, managed by State of Agriculture AIF Trust, is registered with SEBI as a Category II Alternative Investment Fund. The investment aligns with MAL’s strategy to evolve into a full-stack, farmer-centric agritech player, leveraging innovative agri-business models for future growth and strategic value creation.
Investment in SOA Fund
Mahadhan AgriTech Limited (MAL), a wholly-owned subsidiary of Deepak Fertilisers, has approved an investment of up to ₹75 crores in one or more tranches in SOA FUND – SERIES I. The announcement was made on November 28, 2025.
Fund Details
SOA FUND – SERIES I is managed by State of Agriculture AIF Trust and is registered with SEBI as a Category II Alternative Investment Fund. This investment will allow MAL to access innovative agri-business models and position itself for future growth opportunities.
Strategic Rationale
This investment is in line with MAL’s endeavor to become a full-stack, farmer-centric agritech player. MAL expects to benefit from both financial returns and strategic value creation through lower capital outlay and risk.
Key Terms of the Agreement
The agreement involves Catalyst Trusteeship Limited as Trustee, SCM Commercial Private Limited as Investment Manager, and Mahadhan AgriTech Limited as Contributor.
- The contributor can appoint one representative to the Investment Committee and can change or remove their representative.
- If a Super-Majority of Contributors feels it is necessary, they can appoint an independent consultant or firm to review the Fund’s operations and report back to the Contributors.
- The Trustee can be removed from office if a Super-Majority of Contributors (or the Settlor) passes a resolution, requiring three months’ written notice.
Relationship Disclosure
MAL is contributing to SOA FUND–SERIES I in furtherance of its long-term strategic objectives. The SOA FUND SERIES I has been sponsored/ settled by an individual forming part of Promoter Group of the Company and managed by SCM Commercial Private Limited as Investment Manager, which is also part of the Promoter Group.
Transaction Basis
The Transaction is at arm’s length basis.
Share Acquisition
MAL has agreed to acquire units of the Fund at face value of INR 1,000 per unit as specified in Private Placement Memorandum of the Fund.
Source: BSE