We herewith enclose the copy of Related party transaction report as on 30/09/2025.
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Sri Nachammai Cotton Mills has filed its mandatory half-yearly disclosure of related party transactions for April to September 2025 under SEBI Regulation 23(9). The transactions primarily involve promoter-linked entities Raja Yarns Private Limited and Supreme Yarn Spinners Private Limited, along with the promoters themselves (Managing Director P. Palaniappan and Chairman-cum-MD P. Umayal). Key transactions include corporate loan repayments of Rs. 402.24 lakhs to Raja Yarns and Rs. 938.70 lakhs to Supreme Yarn Spinners, plus unsecured loans taken from the promoters (Rs. 67.50 lakhs from Palaniappan and Rs. 133 lakhs from Umayal). Managerial remuneration to the four KMPs totalled around Rs. 28.80 lakhs. As of 30 September 2025, outstanding payables to related parties were sizeable: Rs. 1,250.60 lakhs to Raja Yarns, Rs. 1,152.06 lakhs to Umayal, Rs. 951.07 lakhs to Supreme Yarn Spinners, and Rs. 930.37 lakhs to Palaniappan.
The disclosure shows the company relies heavily on promoter and promoter-group funding, with combined related-party payables exceeding Rs. 42 crore. While this provides liquidity support, it also raises governance concerns typical of small, family-run textile firms, and investors should monitor whether these balances are being reduced over time.