Disclosure of Related Party Transaction under Regulation 23 of Listing Regulation.
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Sakthi Finance Ltd has filed its half-yearly disclosure of related party transactions with BSE as required under SEBI Listing Regulations. The disclosure, on a consolidated basis, lists transactions with promoter group companies such as Sakthi Finance Financial Services, ABT Industries, Sakthi Sugars, and Sakthi Properties, along with directors and their relatives. Key transaction values include ₹1,000 lakhs received as mobilisation from Sakthi Finance Financial Services, an advance of ₹1,500 lakhs to Sakthi Sugars, ₹850 lakhs investment/lease deposit in Sakthi Properties, and a ₹150 lakh loan to ABT Industries at 18% interest for 6 months (secured). Director remuneration of ₹360 lakhs to Vice Chairman and MD M Balasubramaniam and commission of ₹93.25 lakhs were also disclosed. All transactions were approved by the Audit Committee.
This is a routine regulatory compliance filing and does not signal any major corporate event. The transactions are largely intra-group dealings with promoter entities and are within approved limits. Shareholders should note the sizeable investments and advances flowing to promoter group companies, which is worth tracking for corporate governance purposes, but no immediate stock price impact is expected.