Megastar Foods Limited Receives Notice in Motor Accident Claim Petition
Megastar Foods Limited disclosed receiving a motor accident claim notice from Chandigarh tribunal involving a vehicle previously sold by the company. The company maintains the vehicle was sold in March 2025 and is no longer in its possession, planning to challenge its involvement in the case while expecting no material financial impact.

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Megastar Foods Limited has informed the stock exchanges about receiving a notice in a motor accident claim petition, as part of its regulatory disclosure obligations under SEBI Listing Regulations.
Notice Details and Timeline
The company received a notice from the Motor Accident Claims Tribunal, Chandigarh (District and Sessions Court, Chandigarh) regarding a motor accident claim petition filed by a claimant. The notice was dated 11.03.2026 and received by the company on 17.03.2026.
| Parameter: | Details |
|---|---|
| Authority: | Motor Accident Claims Tribunal, Chandigarh |
| Notice Date: | 11.03.2026 |
| Receipt Date: | 17.03.2026 |
| Nature: | Motor accident claim petition |
Company's Position and Response
Based on the company's assessment, the vehicle allegedly involved in the accident was sold by Megastar Foods in March 2025. The vehicle is no longer in possession or use by the company or any of its representatives since the sale. The petition alleges a motor accident involving a vehicle that was registered in the name of the company.
The company has indicated its intention to challenge the proceedings, stating it is contemplating filing an appeal against its wrongful involvement in the case. Management expressed confidence in achieving a favorable outcome in the matter.
Financial Impact Assessment
Megastar Foods has assessed that the notice is not expected to have any material financial impact on the company. This assessment is based on the fact that the vehicle in question was sold by the company in March 2025, prior to the alleged incident.
Regulatory Compliance
The disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided detailed information as required under Clause 20 of Para A of Part A of Schedule III of the SEBI Listing Regulations, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024.
The communication was signed by Vikas Goel, Managing Director (DIN: 05122585), and submitted to both BSE Limited and National Stock Exchange of India Limited for regulatory compliance and investor information.
Historical Stock Returns for Megastar Foods
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.55% | +2.31% | +16.85% | +17.75% | +34.68% | +133.48% |

































