Disclosure on Related Party Transaction - 31.03.2025
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ABM Knowledgeware has submitted its half-yearly disclosure of related party transactions on a consolidated basis for the financial year ended 31 March 2025, as required under SEBI LODR Regulation 23(9). Total related party transactions stood at ₹517.94 lakh, with the largest being an investment of ₹380.29 lakh in its associate Scanit Technologies, Inc (which also earned ₹6.68 lakh in interest). The Managing Director, Mr. Prakash Rane, received ₹107.16 lakh as remuneration, while the CFO and Company Secretary received ₹8.79 lakh and ₹9.35 lakh respectively. Independent and non-executive directors were paid sitting fees ranging from ₹0.40 lakh to ₹1.60 lakh each. Additionally, ₹5.35 lakh was paid to Khaitan & Company LLP for legal services, a firm where a director has significant influence.
This is a routine regulatory compliance filing with no material red flags — all transactions are standard items (executive remuneration, director sitting fees, an existing associate investment, and legal fees), and each was approved by the audit committee. Investors are unlikely to see any share price reaction as the numbers are consistent with normal governance disclosures.