Vardhman Polytex Limited has informed the Exchange about related Party Transactions during half year ended 31.03.2026
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Vardhman Polytex Limited has disclosed related party transactions for the half year ended 31 March 2026 as required under SEBI Listing Regulations. The transactions involve key management personnel including remuneration to Chairman and Managing Director Mr. Adhir Oswal (Rs 30 lakh), sitting fees to Executive Director Mr. M. Manu Oswal (Rs 0.33 lakh). Related party entities include Joswal Industrial Enterprises (rental income Rs 7.5 lakh, jobwork paid Rs 2.5 lakh), Vardhman Amare Private Limited (rental income Rs 1,000, sale of goods Rs 0.03 lakh), and Oswal Infratech (sale of goods Rs 0.35 lakh). The company is part of the Oswal Group.
This is a routine regulatory filing confirming that related party transactions were conducted at arm's length. The transactions appear modest in value and primarily involve rental and service dealings with entities linked to the promoter group. No immediate material impact on stock expected.