Announced Wed, 27 May · 18:16 IST

Submission of half yearly related party disclosure for the period ended on 31st March, 2026

Price

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₹12.75
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AI summary

Max Heights Infrastructure Ltd filed its half-yearly related party transaction disclosure for the period 1st October 2025 to 31st March 2026 under SEBI Regulation 23(9). The company made related party payments totalling ₹16.64 lakhs, comprising remuneration to two Key Managerial Persons (KMPs) — Naveen Narang (₹12 lakhs) and Sonali Mathur (₹3.6 lakhs) — plus ₹1.04 lakhs as interest paid to Pitampura Leasing & Housing Finance Ltd (a KMP-controlled enterprise). The loan of ₹65 lakhs to Pitampura Leasing was fully repaid during the period, bringing the closing balance to zero. Existing investments in four KMP-controlled enterprises remained unchanged, with no new transactions recorded for those entities.

Likely market impact

This is a routine compliance filing. The full repayment of the ₹65 lakh loan to a KMP-controlled entity is a positive signal of reduced related-party financial exposure. No new related-party liabilities were created during the period.