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Megastar Foods legal & regulatory announcements

Every Megastar Foods legal & regulatory announcement on NSE and BSE, newest first, each with its own page.

16:08 IST BSE
Legal & RegulatoryMegastar Foods Ltd MEGASTAR

Megastar Foods Legal & Regulatory

Megastar Foods Ltd announced that the Punjab State Agricultural Marketing Board quashed a Rs 73.37 Crore demand from the Market Committee, Rupnagar. The allegations regarding unpaid Market Committee and RDF fees were found baseless. This resolution absolves the company of all financial obligations related to the notice, resulting in no adverse financial impact.

Value
₹73.37 Cr
10:57 IST BSE
Legal & RegulatoryMegastar Foods Ltd MEGASTAR

Megastar Foods Legal & Regulatory

Megastar Foods Limited received a notice from Market Committee, Rupnagar, demanding ₹73.37 Crore for alleged non-payment of Market Committee and RDF fees. The company maintains it is a processing unit exempt from these fees under state laws and is pursuing legal recourse. No immediate financial impact is expected pending adjudication.

Value
₹73.37 Cr
15:15 IST BSE
Legal & RegulatoryMegastar Foods Ltd MEGASTAR

Megastar Foods Legal & Regulatory

Megastar Foods Limited received a notice from Market Committee, Rupnagar demanding ₹73.14 Crore in unpaid Market Committee and RDF fees. The company maintains it holds a valid license from the Punjab Mandi Board until 2030 and is exempt as a processing unit. Megastar intends to pursue legal recourse and expects no immediate financial impact.

Value
₹73.14 Cr