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Orosil Smiths India Ltd has submitted a clarification to BSE regarding an earlier related party disclosure filed on May 23, 2026. The company identified a clerical and totalling error where a transaction of Rs. 1,27,86,183 with related party Rita Narula was incorrectly reported as both a loan and a separate purchase. The clarification clarifies that the Rs. 1,17,00,000 purchase amount was already included within the loan figure, with only Rs. 10,86,183 being an additional loan repayment. The company attributes the duplication to a compilation error and has provided corrected figures to ensure accuracy and transparency in disclosure.
This is a routine correction filing with no adverse regulatory action. The clarification removes ambiguity around related party transaction figures but may attract minor scrutiny from exchanges regarding internal controls over financial reporting.