RELATED PARTY TRANSACTION DECLARATION AS PER REG 23(9) FOR HALF YEAR ENDED 31-03-2025
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Awaiting price reaction for this filing.
The company has filed a routine SEBI-mandated disclosure of related party transactions on a consolidated basis for the six months ended 31 March 2025. Only two transactions are reported, both being salary payments to directors. Kishor Ostwal (Managing Director) received Rs. 1,44,000, and Sangita Ostwal (Director) received Rs. 2,40,000, taking the total director remuneration to Rs. 3,84,000 for the half-year period. The filing has been submitted to BSE (Scrip Code 512018) in both physical and XBRL formats.
This is a standard compliance disclosure with negligible monetary impact. The small salary figures suggest a very small-scale operation; shareholders should monitor whether the company generates meaningful revenue to justify these payments and sustain operations.