Mega Flex Plastics Limited — Others, 31-07-2025: Shareholders meeting
31-07-2025 | 06:44 pm
31-07-2025 | 06:44 pm
Mega Flex Plastics' 21st Annual General Meeting approved the FY25 financial statements, re-appointed a director, and sanctioned related party transactions for FY26-27. The company successfully installed new fabric looms (costing 1.06 Cr), which are well-received, and procured new Leno Looms. A 400 KW solar unit is now fully operational, generating 96000 KWH in two months and expecting a 5-6 year payback. They also converted 1,386,000 warrants into equity shares. Revenue increased 24.59% to 60.31 Cr, with PAT surging 150% to 3.43 Cr. New business verticals like industrial automation are being explored.
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