Company Symbol

MEGASTAR

Event Overview

Megastar Foods Limited held its 15th Annual General Meeting (AGM) on Wednesday, September 23, 2026. The meeting was conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM) in compliance with multiple MCA and SEBI circulars.

Meeting Details

  • Date and Time: September 23, 2026, from 11:30 a.m. to 11:53 a.m.
  • Duration: 23 minutes of proceedings followed by 15 minutes for e-voting by members at the AGM
  • Mode: Video Conferencing Facility provided by Central Depository Services (India) Limited
  • Deemed Venue: Registered office of the Company at Plot No. 807, Industrial Area, Phase-II Chandigarh-160002
  • Quorum: Requisite quorum was present throughout the meeting
  • Shareholder Attendance: 56 shareholders attended the meeting

Attendees

Directors Present:

  • Mr. Vikas Goel - Chairman & Managing Director
  • Mr. Vikas Gupta - Whole-time Director
  • Mr. Mudit Goyal - Whole-time Director
  • Mr. Prabhat Kumar - Independent Director
  • Mr. Rajeev Kathuria - Independent Director
  • Mrs. Savita Bansal - Independent Director (Chairperson of Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee)

In Attendance:

  • Ms. Manisha Gupta - Chief Financial Officer
  • CA Vishal Sharma - Partner, Nitin Mahajan & Associates, Chartered Accountants (Statutory Auditors)
  • CS Kanwaljit Singh Thanewal - Practicing Company Secretary (Secretarial Auditor)
  • CS Ajay Arora - Practicing Company Secretary (Scrutinizer)

Meeting Proceedings

The AGM commenced at 11:30 a.m. with the Company Secretary welcoming all members. Mr. Vikas Goel, Chairman, presided over the meeting. The Company Secretary introduced other directors present and addressed members on participation through Video Conferencing as per applicable MCA and SEBI Circulars.

Agenda Items Deliberated

Item No. 1:

  • Business: To consider, approve and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended March 31, 2026, and the reports of the Board of Directors and Auditors thereon
  • Manner of Approval: Remote E-voting and votes cast through e-voting system during the AGM
  • Resolution Type: Ordinary Resolution
  • Results: To be declared on receipt of the report of the Scrutinizer by the Company

Item No. 2:

  • Business: To appoint a director in place of Mr. Vikas Goel (DIN: 05122585) who retires by rotation and being eligible, offers himself for re-appointment as a director
  • Manner of Approval: Remote E-voting and votes cast through e-voting system during the AGM
  • Resolution Type: Ordinary Resolution
  • Results: To be declared on receipt of the report of the Scrutinizer by the Company

Shareholder Participation

Four shareholders had registered themselves as speakers for the AGM, out of which only two shareholders attended the Meeting. The speaker shareholders expressed their views and asked questions/queries, which were addressed by the Chairman in a sequential manner.

Voting Process

Members attending the AGM who had not already cast their vote by remote e-voting were given the opportunity to cast their vote on the e-voting platform during the meeting.

Conclusion

The Chairman extended gratitude towards all shareholders and others present and declared the proceedings of the Annual General Meeting as completed at 11:53 a.m.

Certification

The disclosure is signed by Harsh Sharma, Company Secretary & Compliance Officer (Membership No: A73413) on September 23, 2026.

#Tags: #MegastarFoods #AGM #SEBIDisclosure #CorporateGovernance #RegulatoryCompliance #Neutral