G-TEC JAINX EDUCATION LIMITED has informed the Exchange about related Party Transactions

G-Tec Jainx Education has filed its half-yearly related party transaction disclosure for the period ending March 31, 2025. The disclosure covers salary, remuneration, and sitting fees paid to directors and key managerial personnel, including Joint Managing Director Sudhakar Sonawane (Rs. 29.29 lakhs), COO PV Vinod (Rs. 12 lakhs), and CFO Vinod Narsale (Rs. 5.76 lakhs). The company made investments of Rs. 1 lakh each in its two wholly owned subsidiaries, Keerti Institute India Pvt Ltd and G-Tec Jain Keerti Career Education Pvt Ltd. Large loans were given to these subsidiaries at 6% interest, with Rs. 403.60 lakhs outstanding to Keerti Institute and Rs. 262.52 lakhs to G-Tec Jain Keerti. The company also took loans from Chairman Dr. Roychand Chenraj (Rs. 25 lakhs at 0% interest) and from Joint MD Sudhakar Sonawane (increased from Rs. 10 lakhs to Rs. 32 lakhs during the period). Rent was paid to directors and their relatives across the listed entity and subsidiaries.