Mega Flex Plastics MD, chairman and AGM

Mega Flex Plastics board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Statutory auditor

Named in the results for the quarter to Mar 2026.

S. JaykishanPeer-review certificate valid to Apr 2028

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Mega Flex Plastics AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Mega Flex Plastics share news and announcements

Annual general meeting, 21 Aug 2026

176 shareholders on the register on 14 Aug 2026; present: 20 promoters and 12 others; votes counted by KANCHAN JALAN / KANCHAN JALAN.The company's voting result (opens in a new tab)

To consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 and the Reports of the Board of Directors and Auditors thereon.
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 93.39% · promoters 100.00% · institutions 0.00% · other public 74.66%
To appoint Mr. Rakesh Sethia (DIN: 00409033), who retires by rotation and being eligible, offers himself for reappointment.
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 93.39% · promoters 100.00% · institutions 0.00% · other public 74.66%
To consider and approve the appointment of Statutory Auditors of the Company for a term of 5 (five) years from conclusion of 22nd Annual General Meeting until the conclusion of the 27th Annual General Meeting and to fix their remunerationMoreLess
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 93.39% · promoters 100.00% · institutions 0.00% · other public 74.66%
APPROVAL FOR MATERIAL RELATED PARTY TRANSACTIONS OF THE COMPANY
OrdinaryPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 19.47% · promoters 0.00% · institutions 0.00% · other public 74.66%
RE-APPOINTMENT OF MR. MOHAN LAL PARAKH (DIN: 02186254), AS WHOLE-TIME DIRECTOR OF THE COMPANY
SpecialPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 89.03% · promoters 94.10% · institutions 0.00% · other public 74.66%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Dealings with its subsidiaries, promoters, directors and their firms, reported every half-year.Promoters and their stake

Half-year to Mar 2026: ₹21.7 Cr13 dealings
Half-year to Sep 2025: ₹17.6 Cr11 dealings

Between	Dealing
Mega Flex Plastics Limited and White Saffron Grains LLPCommon Partners	Purchase of goods or services	50.00	20.56
Mega Flex Plastics Limited and White Saffron Grains LLPCommon Partners	Interest received	0.75	0.36
Mega Flex Plastics Limited and White Saffron Grains LLPCommon Partners	Any other transactionRent Received	0.61	0.26
Mega Flex Plastics Limited and Nezone Herbals Pvt LtdCommon Director	Any other transactionRent Paid to NezonePoints 1, 2 & 3 are approved under single transaction	0.37	0.18
Mega Flex Plastics Limited and Mohan Lal ParakhWholetime Director	Remuneration	0.15	0.07
Mega Flex Plastics Limited and Hukum Chand BothraManaging Director	Remuneration	0.15	0.07
Mega Flex Plastics Limited and Rakesh SethiaDirector	Any other transactionProfessional Fee	0.15	0.07
Mega Flex Plastics Limited and Sanjay Kumar SinghChief Financial officer	Remuneration	0.09	0.04
Mega Flex Plastics Limited and Sweta SinghiCompany Secretary & Compliance Officer	Remuneration	0.08	0.03
Mega Flex Plastics Limited and Samta Paperpack LLPCommon Partners	Purchase of goods or services	0.02	0.02
Mega Flex Plastics Limited and White Saffron Grains LLPCommon Partners	Sale of goods or services	0.40	0.01
Mega Flex Plastics Limited and Nezone Herbals Pvt LtdCommon Director	Any other transactionWarehouse Security Charges	0.04	0.01
Mega Flex Plastics Limited and Inkbird Packaging Private LimitedCommon Director	Any other transactionPurchase of consumable stores	0.05	₹83,000

The 13 largest of 13 dealings in the half-year to Mar 2026, ₹ crore.

Tax disputes

Reported in the filing for the quarter to Jun 2026.

Tax disputeGSTSince 25 Oct 2018
The Hon’ble Division Bench of the Calcutta High Court has pronounced its judgment in Mega Flex Plastics Limited & Anr. v. Union of India & Ors. (MAT 364 of 2023), arising out of a classification dispute concerning whether polypropylene leno bags fall under HSN 6305 33 00, taxable at the rate of 5% or 3923 2900, taxable at the rate of 18%. The Court held that the bags manufactured by the Company fall under HSN 3923 2900, and are therefore taxable at 18%. The disputed amount had already been paid under protest in FY 2018–2019. The Company intends to file Special Leave Petition (SLP) before the Supreme Court of India against the judgment passed by the Hon’ble Division Bench of the Calcutta High Court.MoreLess
At the filing before: The appeal filed before the Hon’ble Division Bench of the Calcutta High Court has already been substantially heard but pending final adjudication. While the appeal was pending before the Hon’ble Division Bench, the jurisdictional authority issued a Show Cause Notice and passed an Order-in-Original dated 15 March 2024, confirming the demand of differential GST along with applicable interest and penalty. The company filed an appeal under Section 107 of the CGST Act, 2017 on 23.10.2024 before the Commissioner (Appeals-II), which was rejected vide Order-in-Appeal dated 23 June 2025, thereby upholding the demand in full. The company intends to file a second appeal before the GST Appellate Tribunal within the prescribed statutory limitation period under the relevant provisions of the CGST Act, 2017 and the rules made thereunder, as and when the Tribunal is constituted.MoreLess

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

Received
Resolved

Open at the quarter's end

None open at any quarter's end.

The filing has a part on fines and penalties: No
The filing has a part on tax disputes: Yes

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Mar 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.

Raised	Amount raised	For	Set aside	Spent	Spent elsewhere
Preferential IssuesJun 2024	5.54	Payment for allotment of land measuring an area of 6.5 acre in Mouja Kalibeti under Khurdha Tahasil in the district of Khurdha from the Odisha Industrial Infrastructure Development Corporation on lease basis	4.37	0.00	No
Preferential IssuesJun 2024	5.54	Purchase of Machineries and Equipment	1.06	1.06	No
Preferential IssuesJun 2024	5.54	General Corporate Purpose	0.07	0.04	No
Preferential IssuesJun 2024	5.54	Issue Expenses	0.04	0.04	No

₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.