MRF Limited has informed the Exchange about Related party transactions for the half year ended 31.03.2025
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MRF Limited has filed its half-yearly related party transactions report with the stock exchanges as required under SEBI LODR Regulation 23(9). The total value of all related party transactions during the reporting period stood at ₹1,902.06 crores. The largest single transaction was with subsidiary MRF SG PTE. Ltd. for purchase of goods and services worth ₹1,596.18 crores. Other notable transactions include purchases from Coastal Rubber Equipments (₹52.73 cr) and Braga Industries LLP (₹78.27 cr), both companies in which directors are interested. KMP remuneration to promoter family members totalled significant amounts, with Mr. K M Mammen receiving ₹15.89 crores, followed by Mr. Arun Mammen (₹13.53 cr) and Mr. Rahul Mammen Mappillai (₹11.95 cr). Contributions to employee retirement benefit schemes (gratuity and provident funds) were also disclosed.
This is a routine regulatory compliance disclosure and does not signal any new strategic development. Investors should note the high dependence on the Singapore subsidiary (MRF SG PTE) for purchases and the substantial remuneration to promoter-family KMPs, which are part of MRF's existing operational structure.