Adroit Infotech Limited has informed the Exchange about related Party Transactions
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Adroit Infotech Limited has filed its half-yearly related party transaction disclosure for the period ending 31st March 2026 under SEBI LODR Regulation 23(9). The total value of related party transactions during the period was ₹168.7 lakhs. Key transactions include remuneration paid to three Key Management Personnel: MD & Promoter Sudhakiran Reddy Sunkerneni (₹27 lakhs), CFO Ravichandra Rao B (₹9 lakhs), and CS Piyush Prajapati (₹1.8 lakhs). A loan of ₹64.1 lakhs was given to the MD & Promoter (interest-free, unsecured). Sitting fees were paid to four non-executive/independent directors ranging from ₹0.1 to ₹0.2 lakhs each. A loan of ₹66 lakhs was also extended to Softpoint Technologies Private Limited, a promoter group entity, at 0% interest and unsecured.
The transactions are standard remuneration and director fee payments. The ₹64.1 lakh loan to the MD and ₹66 lakh loan to the promoter group entity (both at 0% interest) may attract scrutiny from investors regarding arm's length compliance and proper utilisation of company funds.