StockWatch
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Tyres & Rubber Products
Business Update15 Oct 2026, 05:20 pm

Megamont Secures ₹2.13 Cr Pigeon Peas Import Contract

AI Summary

Megamont Limited has secured an import contract valued at approximately ₹2.13 crore for Pigeon Peas (Tur/Arhar) from Mozambique or Malawi. The shipment is scheduled between November and December 2026, with delivery at Nhava Sheva Port, India. The company plans to market these peas to FMCG manufacturers, food-processing companies, and institutional buyers, aiming to strengthen its presence in India's agricultural supply chain. This move aligns with the favorable policy environment, including the extension of the free import policy for Tur/Pigeon Peas until March 31, 2027, supporting Megamont's vision of becoming a global multi-product trading house.

Key Highlights

  • Secured ₹2.13 crore import contract for Pigeon Peas.
  • Sourcing from Mozambique or Malawi, delivery by Dec 2026.
  • Targets FMCG and food processing sectors in India.
  • Leverages favorable import policy for Tur/Pigeon Peas.
  • Expands commodity portfolio and agricultural supply chain presence.