COSMO FIRST LIMITED has informed the Exchange about General Updates
COSMOFIRST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Cosmo First Limited has entered into a one-year agreement with Cosmo Ferrites Limited, a related party, to provide support services from April 01, 2026 to March 31, 2027. The consolidated fee is Rs. 2.00 lakhs per month plus applicable GST, with out-of-pocket expenses reimbursed on actuals. Mr. Ashok Jaipuria is the common promoter between the two companies. The agreement is terminable by either party with 30 days' notice and is being done at arm's length.
The size of this transaction is very small (around Rs. 24 lakhs per year) and unlikely to have any meaningful impact on Cosmo First's financials or stock price. This is a routine related-party compliance disclosure required under SEBI listing rules.