Transaction Details

Product: 250 MT (+/- 2% at seller's option) of Crude Palm Oil (edible grade, FFA 5% max) in bulk

Supplier: Paras Agri Business Private Limited, Palanpur

Broker: Hardik Brokers, Ahmedabad

Deal Value: Approximately ₹3.14 Crores (including 5% GST)

Deal Confirmation Date: October 27, 2026

Delivery Terms: Ex-Kandla Port, Gujarat

Lifting Schedule: December 2026

Tank Rent: Included in the rate at Kandla

Financial Terms

Payment Terms: Advance basis

GST Treatment: 5% GST included in deal value, payable by buyer

Import Duty: Exclusive of import duty, which will be to the buyer's account

Documentation: Seller may provide bond-to-bond transfer document or IGST at seller's option

Strategic Context

The procurement strengthens Megamont's sourcing position in the edible oil segment and supports its ability to serve bulk buyers on a planned timeline. This trade adds to the company's growing edible oil and agri-commodity activity as it continues to build its sourcing network and expand presence in the segment.

Management Commentary

Mr. Tejas Patil, Director of Megamont Limited, stated: "We are pleased to have concluded this procurement of crude palm oil. The lifting is planned for December 2026 and this adds to our edible oil and agri-commodity business. We will continue to strengthen our sourcing and supply-chain capabilities to serve our customers."

Industry Context

The release notes that India is among the world's largest consumers and importers of edible oils, with palm oil being a core part of the country's edible oil basket. Demand from packaged food makers, refiners, and household consumers remains steady, creating opportunities for trading houses with sound sourcing and logistics capabilities.

Company Background

Megamont Limited is an international trading and supply-chain company engaged in sourcing and supplying industrial raw materials, metals, energy commodities, edible oils, and agricultural commodities across global markets. The company operates across diverse product portfolios and maintains sourcing relationships across India, CIS, China, Brazil, South Africa, Russia, and Europe.