Mega Flex Plastics Limited — Others, 29-05-2025: Shareholders meeting

Mega Flex Plastics Limited has announced a postal ballot and e-voting to obtain shareholder approval for material related party transactions with White Saffron Grains LLP for FY 2025-26. These transactions involve purchase, sale, and supply of PP woven fabrics, tapes, granules, and warehouse rental services, capped at INR 50 Cr. The parties share common management, and the dealings occur at arm’s length during normal business. Securing approval ensures continuity of these transactions, which are important for the company’s operations and revenue.