Megastar Foods Limited
Megastar Foods announced a significant regulatory update: the Punjab State Agricultural Marketing Board has quashed a notice alleging non-payment of fees amounting to Rs. 73.37 crore. The Board found the allegations baseless, ensuring no financial or operational impact on the company.
Apr 29 2026 16:04:00
Megastar Foods Ltd - 541352 - Update In The Matter Of Announcement Dated 15.04.2026, Filed Under Regulation 30 (2) Of SEBI LODR Regulations Read With Clause 20 Part A Of Para A Of Schedule III Of The LODR Regulations
Megastar Foods received a positive regulatory update. The Punjab State Agricultural Marketing Board quashed a notice from Market Committee, Rupnagar, regarding alleged non-payment of Rs.36.69 crore in fees, deeming the claims baseless and unjustified. This absolves the company of potential financial obligations.
Apr 29 2026 16:04:00
Megastar Foods Limited
Megastar Foods confirmed it is not a Large Corporate as per SEBI framework criteria. The company reported outstanding borrowing of ₹130.40 crore as of March 31, 2026. This indicates reduced regulatory compliance burden compared to Large Corporates.
Apr 23 2026 15:04:00
Megastar Foods Limited
Megastar Foods confirmed its non-Large Corporate status as per SEBI framework. The company reported outstanding borrowing of ₹130.40 crores as of March 31, 2026, with long-term bank facilities rated CARE BBB- (Stable) by CARE Ratings Limited.
Apr 21 2026 17:04:00
Megastar Foods Ltd - 541352 - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Megastar Foods confirmed its status as a non-large corporate under SEBI's framework. The company reported outstanding borrowing of ₹130.40 crore as on March 31, 2026, and was assigned a CARE BBB- Stable rating for long-term bank facilities by CARE Ratings Limited.
Apr 21 2026 17:04:00
Megastar Foods Limited
Megastar Foods' promoter group, including Vikas Gupta, holds 61.47% (69,41,700 shares) of the company's total share capital. No shares were encumbered by the promoter group or Persons Acting in Concert during the financial year ended March 31, 2026.
Apr 16 2026 18:04:00
Megastar Foods Limited
Megastar Foods corrected an error in the Market Committee Fee and RDF Fee amounts mentioned in a notice from Market Committee, Rupnagar. The amount was revised from ₹36,568,59,110 to ₹36,68,59,110. The company disputes liability, claiming no immediate financial impact.
Apr 15 2026 11:04:00
Megastar Foods Ltd - 541352 - Revised Disclosure Undrer Regulation 30 (2) Of SEBI LODR Regulations
Megastar Foods issued a revised intimation correcting an unintentional error in the amount of Market Committee and RDF fees. The original disclosure stated ₹365.68 crores, now revised to ₹3.66 crores. The company is taking legal action, asserting these fees are not applicable to processing units like itself.
Apr 15 2026 10:04:00
Megastar Foods Limited
Megastar Foods received a notice from Market Committee, Rupnagar, concerning alleged non-payment of ₹365.68 crore in Market Committee and RDF fees. The company believes these fees are not applicable to its processing unit in Punjab and anticipates a favorable resolution, stating no immediate financial impact.
Apr 14 2026 15:04:00
Megastar Foods Ltd - 541352 - Disclosure Under Regulation 30 (2) Of SEBI LODR Regulations
Megastar Foods received a notice from Market Committee, Rupnagar for alleged non-payment of market and RDF fees totaling over ₹731 crores. The company disputes this claim, asserting that the fees are not applicable to its processing unit in Punjab and plans to take legal recourse. No immediate financial impact is expected.
Apr 14 2026 15:04:00
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