Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 - Approval of Related Party Transaction
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Megri Soft Ltd's Board of Directors, at a meeting held on February 11, 2026, approved a related party transaction with Ms. Jyoti Kohli, who is the wife of the brother of the company's Promoter and Director, Mr. Mohnesh Kohli. The transaction is for ongoing construction work of a building on the company's land at Plot No. I-46, Sector-83 Alpha, I.T. City, S.A.S. Nagar, Punjab. The total contract value is capped at Rs. 12 lakh (Rs. 12,00,000) over a one-year duration. The Audit Committee and Board reviewed the deal and approved it as being in the ordinary course of business and at arm's length, and it does not qualify as a material related party transaction under SEBI's Regulation 23, though it is being disclosed as a material event under Regulation 30.
The transaction value is small (Rs. 12 lakh) and has been approved by the Audit Committee as arm's length, so it is unlikely to materially affect the stock price. Shareholders should note that the company is using a promoter-connected party for construction, which is a routine governance disclosure but worth monitoring.