Megastar Foods receives favorable update from Punjab Mandi Board quashing a Rs 73.37 crore fee demand notice.
Punjab State Agricultural Marketing Board deemed the Market Committee, Rupnagar's allegations as baseless and unjustified.
The company expects no financial impact as it is absolved of all obligations related to the quashed notice.
This is a regulatory filing update under SEBI LODR Regulation 30 regarding the resolution of a legal matter.