Half Yearly Disclosure of Related Party Transactions for the Half year ended March 31, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Aerpace Industries filed its half-yearly related party transaction disclosure with BSE as required under SEBI LODR Regulation 23(9). The report covers the period from October 2024 to March 2025. Key managerial personnel received remuneration totaling around Rs 1.82 lakh during the period, with audit committee-approved limits ranging from Rs 1.5 lakh to Rs 26.54 lakh per person. The company's subsidiary Aerpace Supercars Private Limited saw inter-corporate deposits jump sharply from Rs 601.92 lakh to Rs 1,623.70 lakh, along with a fresh investment of Rs 800.01 lakh made during the reporting period. Sales of goods/services to the same subsidiary stood at Rs 20.71 lakh. Inter-corporate deposits to Aerpace Robotics Private Limited (a related entity where a KMP has substantial influence) also rose significantly from Rs 174.76 lakh to Rs 835.69 lakh. All transactions were ratified under omnibus audit committee approval.
This is a routine compliance filing, but the sharp rise in inter-corporate deposits and a new Rs 800 lakh investment into the subsidiary signals significant capital being deployed into the subsidiary business. Shareholders should monitor how these funds are utilized by Aerpace Supercars and whether they generate commensurate returns.