Disclosure of Related Party Transaction as per Regulation 23 of SEBI(LODR), 2015.
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Sybly Industries Limited has disclosed a related party transaction with Paschim Finance and Chit Fund Private Limited, where director Dharmendra Gupta is a common director. The transaction type is borrowings, with a value of Rs. 2,10,15,000 (approximately Rs. 2.10 crore) during the reporting period. The disclosure is filed under Regulation 23(9) of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, in the new SEBI format. No opening or closing balances are reported, indicating the transaction was settled within the period.
This is a routine regulatory disclosure confirming a borrowing arrangement with a related entity involving a common director. While the amount is relatively small, retail investors should note the related-party borrowing as it carries governance considerations; no immediate stock price impact is expected from this disclosure alone.