BSETelogica LtdMinimalNeutral
Announced Fri, 29 May · 20:49 IST

Disclosure of Related Party transaction as per Reg.23(9) of SEBI (LODR), regulation 2015

Price

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Price reaction · full curve 14 horizons · vs prior close
-0.4%1-day move
₹10.22
prior close
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-0.4-0.2+1.2+1.8+4.2+4.6-5.1-9.0
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AI summary

Telogica Ltd has disclosed related party transactions for Q4 and FY 2025-26. The company received short-term unsecured loans from two promoter-directors — Devineni Venkateswara Rao (Whole-time Director & CFO) and Mandava Srinivas Rao (Managing Director & Promoter). Loans from Devineni Venkateswara Rao totaled ₹1 crore with a closing balance of ₹62.61 lakh. Loans from Mandava Srinivas Rao totaled ₹1 crore with a closing balance of ₹45.17 lakh. An additional loan of ₹1 crore was received from Rama Manohar Reddy with a balance of ₹89.55 lakh. Key managerial personnel also received remuneration — Devineni Venkateswara Rao ₹7.59 lakh, Mandava Srinivas Rao ₹16 lakh, Khush Mohammad (Company Secretary) ₹81,020, and Deesha Rohit Shroff (former Company Secretary) ₹9,349. All loans are short-term, unsecured, and for business purposes.

Likely market impact

The company relies on short-term unsecured loans from promoters and directors to fund operations. Outstanding balances of ₹1.97 crore across related parties indicate ongoing financial interdependence. Shareholders should monitor whether these loans are repaid on schedule and assess potential conflicts of interest.