Please refer the announcement attached
MEGASTAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Megastar Foods has informed stock exchanges that it received a notice/summons dated 25.02.2026 (received on 17.03.2026) from the Motor Accident Claims Tribunal, Chandigarh, in a motor accident claim petition filed against the company and other parties. The petition alleges that a vehicle involved in the accident was registered in the company's name. The company has clarified that the vehicle was sold by it in March 2025 and is no longer in its possession or use. The company plans to file an appeal contesting its wrongful involvement in the case and is hopeful of a favourable outcome. It has stated that the notice is not expected to have any material financial impact on the company.
This is a routine disclosure of a legal notice involving a vehicle the company no longer owns. The company sees no material financial impact, and the matter is unlikely to meaningfully affect the stock price, though investors should watch for any adverse ruling.