Megastar Foods Share Price Today

Megastar Foods passes all AGM resolutions, reappoints Vikas Goel

All resolutions passed at Megastar Foods' 15th AGM held on September 23, 2026. Vikas Goel reappointed as director with 99.99% votes in favour. FY26 standalone and consolidated financial statements adopted unanimously. Total valid votes cast amounted to 7,080,294 shares across both resolutions.

Megastar Foods publishes 15th AGM newspaper ads for Sept 23 meeting

Megastar Foods published AGM notices in Financial Express and Jansatta on August 30, 2026. The 15th AGM is scheduled for September 23, 2026, via video conferencing. Shareholders received electronic copies of the FY26 Annual Report starting August 29, 2026. E-voting facilities are available for remote participation.

Megastar Foods schedules 15th AGM for September 23, 2026

Megastar Foods schedules its 15th AGM for September 23, 2026. The meeting will be held via Video Conferencing or OAVM. E-voting opens on September 20 and closes on September 22. The AGM addresses the Annual Report for FY26.

Megastar Foods Q1 Results: Net profit rises 41% YoY to ₹223 lakh

Megastar Foods Ltd posted a 41.5% YoY jump in Q1FY27 net profit to ₹223.17 lakh, aided by revenue growth to ₹13,257 lakh and improved interest coverage ratios. The board approved the results on August 12, 2026, and scheduled the AGM for September 23, 2026.

Megastar Foods faces department appeal over ₹6.23 Cr tax demand

Megastar Foods Ltd received a communication from the Office of the Commissioner (Appeals), Ludhiana, regarding a department appeal against the dropping of a ₹6.23 Cr demand. The company is the respondent and has been given an opportunity to file a counter reply. Additionally, the company has filed an appeal against the confirmation of a separate demand of ₹1.82 Cr. There is no immediate financial or operational impact, as the consequences depend on the final order.

Megastar Foods Secures 15-Year Electricity Duty Exemption From Punjab Govt

Megastar Foods has secured a 100% electricity duty exemption for 15 years from the Punjab government's Department of Industries & Commerce, effective from November 18, 2024, or up to 100% of its Fixed Capital Investment of ₹8867.86 lakhs, whichever is earlier. The company is additionally eligible for incentives amounting to ₹881.86 Crores, with management noting the exemption is expected to reduce operating costs and improve profitability over the exemption period.