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Incorporated in 2013, Megastar FoodsLtd is a producer and supplier of wheatflour, organic wheat flour and alliedproducts
Megastar Foods dispatched communications to shareholders lacking registered emails, guiding them to access the 15th Annual General Meeting notice and Annual Report for FY25-26 on the company website.
Megastar Foods reported strong FY2025-26 results: Revenue grew to ₹533 Cr, and PAT more than doubled to ₹9.30 Cr. EPS jumped to ₹8.23. The company opted against a dividend payment, aiming to reinvest earnings for future growth. The AGM also saw the re-appointment of its Chairman & MD.
Megastar Foods is engaged in an appeal process. The tax department challenges the reversal of a Rs 6.23 Cr demand. Separately, the company is contesting a confirmed demand of Rs 1.83 Cr. No immediate financial impact.
Megastar Foods' Company Secretary & Compliance Officer, Deepali Chhabra, has resigned for personal reasons. This is a key personnel change. Investors should note.
Megastar Foods has been cleared of an alleged Rs. 73.37 Cr fee demand from the Market Committee. The Punjab Mandi Board found the claims baseless and quashed the notice, removing a significant financial liability for the company.