Announced Wed, 27 May · 19:36 IST

Related Party Transactions for the half year ended March 31, 2026

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-5.6%1-day move
₹58.20
prior close
₹56.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+5.0+5.0+5.0+5.0-5.6-4.8-5.5-8.9-8.1-8.1-8.9-8.9
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AI summary

Kanishk Steel Industries filed its half-year related party transaction disclosure for October 2025 – March 2026, as required under SEBI LODR Regulation 23(9). The company transacted with three entities where KMPs or their close family members have significant influence: OPG Business Centre Pvt Ltd (power purchases of Rs. 271.63 lakh and rent of Rs. 0.71 lakh), Indian Corporate Business Centre Ltd (import handling charges of Rs. 90.28 lakh and sales of Rs. 1.62 lakh), and Kanishk Metal Recycling Pvt Ltd (rent paid of Rs. 3.54 lakh). Remuneration paid to KMPs was modest, with CMD Vishal Keyal receiving Rs. 4.50 lakh and WTD/CFO Ashok Bohra receiving Rs. 10.50 lakh, while independent directors received sitting fees of Rs. 0.08 lakh each.

Likely market impact

Related party transactions are common in smaller listed companies with promoter-driven structures. The OPG power purchase at Rs. 271.63 lakh is the largest transaction and warrants scrutiny for arm's length pricing. Overall quantum appears modest relative to the company's likely scale.