Mega Flex Plastics Share Price Today

Mega Flex Plastics Latest Results: PAT surges 112.29% YoY to ₹727.27 lakhs in FY26

Mega Flex Plastics Limited has scheduled its 22nd AGM for August 21, 2026, via video conferencing, alongside the release of its FY2025-26 Annual Report. The company reported revenue from operations of ₹7,807.56 lakhs, up 29.46% year-on-year, and PAT of ₹727.27 lakhs, a surge of 112.29% over the previous year's ₹342.58 lakhs. The AGM agenda includes re-appointment of Mr. Rakesh Sethia as Executive Director, appointment of new statutory auditors M/s. V. Jalan & Co. for five years, approval of material related party transactions with White Saffron Grains LLP up to ₹75 Crores, and re-appointment of Mr. Mohan Lal Parakh as Whole-Time Director from June 29, 2027 to June 28, 2032 at a maximum remuneration of ₹30,12,000 per annum. Remote e-voting is open from August 18 to August 20, 2026, with a cut-off date of August 14, 2026.

Mega Flex Plastics re-appoints Whole Time Director for 5 years

Mega Flex Plastics re-appointed Mr. Mohan Lal Parakh as Whole Time Director for five years from June 29, 2027, pending shareholder approval. The board approved the move based on committee recommendations, citing his extensive industry experience.

Mega Flex Plastics FY26 Net Profit Rises 112% to ₹727 Lakh

Mega Flex Plastics Limited reported a 112.3% increase in net profit to ₹727.27 lakh for FY26, with revenue from operations rising 29.4% to ₹7,807.56 lakh. The board approved the audited results and re-appointed statutory auditors for the upcoming financial year.

Calcutta HC Rules Against Mega Flex Plastics in GST Dispute

Mega Flex Plastics reported that the Calcutta High Court ruled its PP Leno bags fall under HSN 3923 2900, attracting an 18% GST rate. The company had paid ₹6,57,38,093 under protest for the differential demand and plans to file an SLP with the Supreme Court, stating no immediate financial impact.