We herewith filing the list of related party transaction report as on 31/03/2026.
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Sri Nachammai Cotton Mills Ltd has filed its half-yearly related party transaction disclosure under SEBI Regulation 23(9), dated May 19, 2026. The company disclosed transactions with Key Management Personnel (including Managing Director P. Palaniappan and Chairman cum Managing Director Smt. P. Umayal), their relatives, and two related enterprises: Raja Yarns Private Limited and Supreme Yarn Spinners Private Limited. Key transactions include substantial unsecured loan repayments of Rs 1,143.70 lakhs versus Rs 52.30 lakhs taken, and corporate loan repayments of Rs 1,021.25 lakhs versus Rs 28.90 lakhs taken. The company also paid managerial remuneration of Rs 63.48 lakhs and lease rent of Rs 57.33 lakhs to related parties during the period.
The disclosure shows the company aggressively repaid significant amounts of unsecured and corporate loans to related parties, reducing outstanding payables to related parties. This transparency in related party dealings is routine compliance but indicates heavy reliance on funding from related parties, which shareholders should monitor.