Pursuant to Regulations 23(9) of SEBI (LODR) Regulations 2015, we would like to inform you that there were certain Related Party Transactions for the period ended March 31, 2026 the details ....
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Krishna Ventures Ltd has disclosed related party transactions with three companies having common directors: Ashva Energy Pvt Ltd, Leel Electricals Ltd, and Fresh Plate Agro Foods Pvt Ltd. All transactions are advances made under an Omnibus Approval with a limit of Rs. 2,500 lakhs. Ashva Energy received cumulative advances of Rs. 55 lakhs (net outflows across 7 transactions). Leel Electricals had multiple back-and-forth advances resulting in a net receivable of Rs. 22.67 lakhs. Fresh Plate Agro Foods received Rs. 25.50 lakhs. The total value of transactions during the reporting period is Rs. 24.4 lakhs. The disclosure is dated May 16, 2026, and signed by Managing Director Neeraj Gupta.
The company has significant exposure to related parties through advances totaling over Rs. 1 crore in aggregate outstanding balances. Shareholders should monitor whether these advances are being repaid and the business rationale behind lending to related entities.