Mega Flex Plastics Limited — Others, 08-07-2025: Shareholders meeting

Mega Flex Plastics Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company will hold its 21st Annual General Meeting through video conferencing to adopt the audited financial statements and reappoint Mr. Mohan Lal Parakh as Director. It seeks shareholder approval for material related party transactions with White Saffron Grains LLP, covering purchases, sales, and services with an aggregate value up to ₹50 Cr for FY26-27. The company reported a 24.59% increase in revenue from operations to ₹60.31 Cr and a PAT surge of 150% to ₹3.43 Cr, backed by strong operational efficiency and new technological investments, including solar power installation and advanced looms. Debt remains low with a conservative capital structure. No dividend is proposed to conserve resources. The internal financial controls are adequate and operating effectively, with no reported frauds or material regulatory issues.