Megamont secures 250 MT crude palm oil deal worth Rs 3.14 crore
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Megamont has agreed to buy 250 metric tonnes of edible-grade crude palm oil from Paras Agri Business, with a 2% quantity adjustment at the seller's option. The deal is worth about Rs 3.14 crore including 5% GST. Lifting is planned for December 2026 at Kandla Port in Gujarat. Payment is in advance, and import duty is payable by the buyer. It supports the company's growing edible oil trading activity.
Positive for business activity, but profit impact is not disclosed. Advance payment and import duty could increase short-term funding needs.