In term Regulation 23(9) of the SEBI (LODR) Regulation, 2015 please find enclosed disclosure of Related Party Transaction on a Consolidated basic , in the format specific in the accounting ....
Awaiting price reaction for this filing.
KSS Limited, currently under the Corporate Insolvency Resolution Process (CIRP), has filed a mandatory half-yearly disclosure of related party transactions on a consolidated basis for the period October 1, 2024 to March 31, 2025. The transactions involve the company and its four wholly-owned subsidiaries — Birla Jewels Ltd, Birla Gold & Precious Metals Ltd, K Sera Sera Digital Cinema Ltd, and Miniplex Ltd. The reported transactions include advances given and unsecured loans taken, with a total transaction value of approximately ₹617.58 lakhs during the period. The balances are interest-free, repayable on demand, and the funds were used for working capital purposes. The filing is signed by the Resolution Professional, Dharmendra Dhelariya, rather than regular management, reflecting the company's ongoing insolvency status.
This is a routine regulatory disclosure and not a new event, but it reinforces the high-risk profile of the stock. With the company under CIRP and transactions involving inter-group unsecured loans between KSS and its subsidiaries, retail investors should note that recovery prospects remain uncertain and dependent on the outcome of the insolvency proceedings.