Megastar Foods Ltd

Closure timing

• Trading window closed from Oct 01, 2026 until 48 hours after unaudited Q2 Sep 30, 2026 results.

AGM details

• AGM held on 23 September 2026 at 11:30 AM via VC/OAVM; record date 17 September 2026.

Key resolutions

• Adopt standalone and consolidated Audited Financial Statements for FY2026, with Board's and Auditors' reports.
• Re-appointment of Mr. Vikas Goel as Director, retired by rotation.

Voting outcomes

• Resolution 1 passed with all votes polled in favour; two against.
• Resolution 2 passed with near-unanimous support; three votes against.

AGM Details

• 15th AGM held 23 Sep 2026 at 11:30 a.m. via VC/OAVM; deemed venue: registered office.
• Meeting concluded 11:53 a.m.; 15 minutes allotted for e-voting.
• Quorum maintained through VC/OAVM; 56 shareholders attended.

Key Resolutions

• Adopt standalone and consolidated audited financial statements for year ended 31 March 2026.
• Re-appoint director retiring by rotation: Vikas Goel.

Voting Status

• Results of voting pending Scrutinizer's report; outcomes to be declared subsequently.

AGM details

• 15th AGM scheduled for 23 September 2026 at 11:30 AM via VC/OAVM.

Notice dispatch

• Electronic notices dispatched to shareholders with registered emails; others directed to access online.

Document access

• Notice and Annual Report available on Megastar Foods website and stock exchange portals.

Email registration / copies

• Shareholders may register email via DP or RTA; physical copies available on request.

AGM notice and AR access

• Date of Notice dispatched to shareholders without registered emails on 29 Aug 2026.
• AGM date and time: 23 September 2026 at 11:30 AM via VC/OAVM.
• Notice and Annual Report for FY 2025-26 available on Megastar Foods website and stock exchanges.
• Shareholders with registered emails were sent notices electronically; others can access online.
• Notice and AR also accessible via BSE/NSE and CDSL portals.
• Physical copies of Annual Report available on request.

AGM and governance

• 15th AGM set for Sep 23, 2026 via VC/OAVM; agenda includes FY25-26 financials and director reappointment on agenda.
• Remote e-voting and AGM voting arrangements described.

Financial highlights

• FY25-26 standalone revenue ₹53,257.72 L; PAT ₹916.19 L; EPS ₹8.11.
• Consolidated revenue ₹53,311.10 L; PAT ₹929.62 L; EPS ₹8.23.

Capital structure and dividend

• No dividend recommended for FY25-26.
• Equity share capital ₹1,129.37 L; 112.93 million shares; 100% dematerialised.

Subsidiaries and governance

• Wholly owned subsidiary Megapacific Ventures Pvt. Ltd.; equity ₹250 L; 100% ownership.
• Credit rating upgraded to CARE BBB-; Stable; improved long-term facility ratings.

Board and CSR

• Board size 6; 3 Executive and 3 Independent; includes one woman director.
• CSR expenditure ₹17.81 L in FY2025-26; aligns with ~2% average net profit.

Financial highlights

• Revenue from operations stood at ₹53,257.72 Lakhs; up from ₹35,011.74 Lakhs.
• EBITDA ₹3,580.39 Lakhs; up from ₹2,228.74 Lakhs.
• PBT ₹1,241.10 Lakhs; PAT ₹916.19 Lakhs; EPS ₹8.23.
• Dividend: no dividend declared for FY2025-26.
• Standalone and Consolidated figures largely aligned.

Operations & capacity

• Installed capacity: 710 MT/day (≈259,150 MT/year) at Rupnagar.
• North India plant uses Buhler machinery; GMP/GLP compliant.
• Product portfolio: atta, maida, suji, bran; serving multinational clients.

Capital structure & liquidity

• Total borrowings ₹13,139.80 Lakhs; current ₹7,655.56; non-current ₹5,484.24.
• Net debt ₹12,606.23 Lakhs; gearing 1.23x.
• Cash and cash equivalents ₹909.37 Lakhs; liquidity supportive for operations.

Shareholding & capital management

• Equity shares: 112.93 Lakhs; paid-up capital ₹1,129.37 Lakhs.
• Top holders (31-03-2026): Vikas Goel 22.96%, Vikas Gupta 19.66%, Pankaj Goel 9.93%, Beeline 7.01%.
• Board: 6 directors; 3 Executives, 3 Independents; Savita Bansal is Woman Director.

Governance & oversight

• Statutory Auditor: M/s Nitin Mahajan & Associates; Secretarial Auditor: Kanwaljit Thanewal; Internal Auditor: MGSG & Associates.
• Five Board-level committees; four Audit Committee meetings; strong governance framework.
• Board meetings held: 4; attendance 100%.

Audit & internal controls

• Auditors reported no qualifications; going concern not flagged.
• Internal Financial Controls deemed adequate; secretarial and internal audits ongoing.
• Independent Directors meet separately; board evaluation conducted.

CSR & sustainability

• CSR Committee in place; CSR Policy on website; CSR Annexure-5.
• CSR spend ₹17.81 Lakhs in FY2025-26; two CSR meetings held.

Market risks & outlook

• Risks include raw material price volatility, currency, regulatory compliance, and energy costs.
• Industry outlook favorable; Indian flour sector driven by health trends and urbanization.