SAHLIBHFI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shalibhadra Finance Ltd disclosed related party transactions for FY 2025-26 under SEBI Regulation 23(9). Key management personnel received total remuneration of Rs 21.39 lakhs (Vatsal Doshi: Rs 13.50 lakhs, Dhruvil Doshi: Rs 7.00 lakhs, Darshana Chauhan: Rs 0.89 lakhs). Rent deposits given to KMPs totalled Rs 75 lakhs (Vatsal Doshi: Rs 25 lakhs, Dhruvil Doshi: Rs 50 lakhs). The largest transaction involves a loan of Rs 1036.23 lakhs given to Financial Analysts & Investment Rating Ltd (an entity where KMP have substantial interest), generating interest income of Rs 66.22 lakhs. Interest payments to Doshi family members totalled approximately Rs 25.08 lakhs across various individuals.
The substantial loan of Rs 10.36 crore to an entity linked to KMP warrants close monitoring by shareholders. While interest income of Rs 66.22 lakhs suggests a commercial rate, related party transactions of this scale require careful evaluation of arm's length compliance and potential conflict of interest implications.