BSEPyxis Finvest LtdMinimalNeutral
Announced Mon, 18 May · 17:51 IST

Attached are the details of related party transactions undertaken by the Company in compliance with Regulation 23. The same have been filed in xbrl mode under acknowledgment number 1805202605381127 ....

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Pyxis Finvest Ltd has disclosed related party transactions for the half year and year ending 31 March 2026. The filing shows four RPTs: (1) remuneration to Promoter Director Uttam Bharat Bagri of Rs. 0.18 crore against approved limit of Rs. 0.84 crore p.a., (2) remuneration to CFO Utsav Uttam Bagri (part of promoter group) of Rs. 0.06 crore against approved Rs. 0.12 crore p.a., (3) broking and demat services from BCB Brokerage Pvt Ltd (company under common management) of Rs. 0.01 crore against approved Rs. 0.10 crore p.a., and (4) an unsecured loan of Rs. 4.4 crore at 15% interest for 11 months for working capital purposes, with related interest of Rs. 0.19 crore. All transactions have nil opening and closing balances, indicating full repayment or settlement within the period.

Likely market impact

The transactions appear within approved audit committee limits and fully settled. However, the Rs. 4.4 crore unsecured loan to a related party at 15% interest and the concentration of RPTs with promoter family members (Bagri family) may raise scrutiny from investors regarding related party governance.