Covering letter and Related Party Transaction from 01/10/2024 to 31/03/2025
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Royal Cushion Vinyl Products Ltd has submitted its half-yearly disclosure of Related Party Transactions to BSE as required under SEBI Listing Regulations. The disclosure covers the period from 1st October 2024 to 31st March 2025 and was signed by Managing Director Mahesh Shah. Key transactions include significant loan movements with directors and associates — most notably with Deepti Parekh (Director) showing a closing loan balance of around Rs. 72.4 crore, Mahesh K. Shah (Director) at Rs. 4.3 crore, and Royal Spinwell and Developers Pvt. Ltd (associate) at Rs. 30.3 crore. Remuneration was paid to several Key Management Personnel including Suvrat Shah and Omprakash Nani. The company also had sales/rent receipts and purchase/rent payments with its subsidiary Natroyal Industries Pvt. Ltd.
This is a routine regulatory compliance filing and not a new business event. It gives investors visibility into intra-group financial dealings, particularly large director-level loans, which is useful for assessing related-party risk and corporate governance.