Megamont523888Major contract win

Secures Rs.2.13 Crore Pigeon Peas Import Contract from Africa

Megamont Ltd has secured an import contract valued at approximately ₹2.13 crore for Pigeon Peas (Tur/Arhar), to be sourced from Mozambique or Malawi.

By ScoutQuest · Thu 15 Oct 2026, 5:18 PM IST · 2 min read

Contract Value: approximately ₹2.13 crore
Shipment Schedule: November and December 2026
Delivery Location: Nhava Sheva Port, India

What the company announced

Megamont Ltd has secured an import contract valued at approximately ₹2.13 crore for Pigeon Peas (Tur/Arhar). The commodity is to be sourced from Mozambique or Malawi in Africa, and the company intends to market it to FMCG manufacturers, food-processing companies and institutional buyers.

Shipment and delivery timeline

Shipments are scheduled between November and December 2026
Delivery is at Nhava Sheva Port, India

Why the company says this matters

Pigeon Peas are described as among India's widely consumed pulses and an important part of the country's staple food basket. The company says the transaction uses its global sourcing capabilities to build procurement channels for essential agricultural commodities, and to strengthen its participation in India's domestic food supply chain.

Policy backdrop

The company states that the Government of India has extended the free import policy for Tur/Pigeon Peas until March 31, 2027, which supports continued international sourcing of the commodity to supplement domestic supplies.

How it fits the stated strategy

The contract expands Megamont's participation in African agricultural trade corridors
It complements an existing presence across metals, energy, industrial commodities and agricultural products
The company describes its wider aim as building a Global Multi-Product Trading House and a scalable trading platform serving multiple industries and markets, while identifying commercial arbitrage opportunities across international commodity prices, sourcing costs and domestic demand

Management comment

Mr. Tejas Patil, Director, said the entry into Pigeon Peas imports from Africa aligns with the company's long-term vision of building a globally connected, multi-product trading house, and provides an opportunity to strengthen its presence in India's FMCG and food-processing supply chains. He added that the company intends to expand its product portfolio and geographical reach across key commodities and markets, with focus on trade execution, working capital management and sustainable growth.

About the company

Megamont Ltd describes itself as an international trading and supply-chain company engaged in sourcing and supplying industrial raw materials, metals, energy commodities, edible oils and agricultural commodities across global markets. Its stated sourcing relationships span India, CIS, China, Brazil, South Africa, Russia and Europe.

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