Pursuant to the Regulation 23 (9) of SEBI (LODR) Regulations, 2015, please find enclosed herewith disclosure of Related Party Transactions, in accordance with the applicable accounting ....
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Royal Cushion Vinyl Products Limited has filed its half-yearly Related Party Transaction disclosure for the period ending March 2026. The company reported transactions with associate firms, key management personnel, directors, and their relatives. Key transactions include: purchases/rent of ₹3 crore from associate Natroyal Industries Pvt Ltd (closing balance ₹8.6 crore), loan transactions with Natroyal Industries showing ₹11 crore outstanding, ₹31 crore loan from associate Royal Spinwell and Developers Pvt Ltd, and director loans including ₹5 crore from Jayesh Motasha and ₹15 crore from MD Mahesh Shah. Total remuneration to 5 key management personnel including MD and Whole-time Director was approximately ₹68 lakh.
All transactions were pre-approved by the Audit Committee as required under SEBI regulations. The substantial outstanding balances with associates and director loans indicate ongoing related party exposure that investors should monitor for any conflicts of interest.