Singer India Limited has informed the Exchange about General Updates
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Singer India Limited has filed its half-yearly related party transaction disclosure for the period ending 31 March 2026 under SEBI LODR Regulation 23(9). The total value of related party transactions during the reporting period stood at Rs 427.63 lakhs (approximately Rs 4.28 crore). The major transactions were remuneration payments to Key Management Personnel including Vice Chairman & Managing Director Mr. Rakesh Khanna (Rs 301.47 lakhs remuneration plus Rs 40 lakhs ESOP expenses), CFO Mr. Subhash Chand Nagpal (Rs 36.48 lakhs remuneration plus Rs 12.95 lakhs ESOP), and Company Secretary Ms. Rupinder Kaur (Rs 8.21 lakhs). Director sitting fees and expense reimbursements for Non-Executive Directors were also disclosed. No financial indebtedness or loans were involved in these transactions.
This is a routine compliance filing showing standard payments to directors and key management. The disclosures are in line with regulatory requirements and do not indicate any unusual or concerning related party activity. The company's largest related party outflow remains management remuneration, representing about 71% of total related party transactions.