Disclosure of Related Party Transaction Pursuant to Regulation 23(9) of Securities and Exchange Board of India (LODR) Reg, 2015
Awaiting price reaction for this filing.
Alstone Textiles (India) Ltd has disclosed a related party transaction under SEBI LODR Regulation 23(9) for the half year ended September 30, 2025. The transaction is a Loan & Advance with Sunshine Capital Limited, which is identified as a relative of a Director. The audit committee approved a total limit of Rs. 7.34 crore, of which Rs. 3.27 crore was transacted during the reporting period. The closing balance due stands at Rs. 4.07 crore, with NIL opening balance. No financial indebtedness was incurred by the listed entity to fund this transaction.
This is a routine regulatory disclosure, but shareholders should note that Rs. 4.07 crore remains outstanding from a director-related entity, which warrants close monitoring of recovery terms and any further extensions.