Disclosure of Related Party Transaction for the year ended 31st March 2025
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Gravity India Ltd has filed its annual disclosure of related party transactions with BSE as required under SEBI Listing Regulations. The disclosure covers transactions for the financial year ended 31 March 2025 and lists remuneration paid to Key Management Personnel. Managing Director Varun Thakkar received ₹4.20 lakh as KMP and ₹2.10 lakh as a relative of KMP, while Jay Thakkar received ₹1.50 lakh as KMP and ₹0.75 lakh as relative of KMP, totalling about ₹8.55 lakh in remuneration. The filing also identifies related entities such as Radha Textiles, Shivani Textiles, and Rammaruti Textiles Pvt Ltd, which are under the control or significant influence of KMPs and their relatives. This is a routine compliance disclosure submitted to the stock exchange for public records.
This is a standard regulatory filing with no new material information for investors. The related party transactions appear modest in scale and do not suggest any governance concerns or significant cash outflows affecting shareholders.