DCB Bank has filed its disclosure on Related Party Transactions (RPTs) for the half-year ended September 30, 2026. This report details various financial dealings, including deposits taken, interest paid, and other transactions, with key individuals and entities such as promoters, KMPs, and their relatives. The disclosure aims to provide transparency as per regulatory requirements and offers insights into the financial relationships influencing the bank’s operations during the reporting period.
DCB Bank Reports Related Party Transactions for H1 FY27
DCB Bank Limited has submitted its mandatory disclosure regarding Related Party Transactions (RPTs) for the period ending September 30, 2026. This filing is in compliance with the requirements of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Transaction Categories
The disclosure enumerates several types of transactions between DCB Bank and its related parties, which include:
- Deposits Taken: Various entities, including promoters, KMPs (Key Managerial Personnel), and their relatives, have engaged in deposit-taking activities with the bank. Notable counterparties include PLATINUM JUBILEE INVESTMENTS LIMITED, PLATINUM JUBILEE PUBLISHERS LTD, and entities related to directors and KMPs.
- Interest Paid/Received: Transactions involving interest payments and receipts are detailed for several related parties, reflecting standard financial arrangements.
- Other Transactions: This category encompasses a range of dealings such as FOREX transactions, loans advances, and locker rent, further illustrating the breadth of financial interactions.
Notable Counterparties and Values
The report highlights transactions with several key parties:
- Promoter Group: Transactions with PLATINUM JUBILEE INVESTMENTS LIMITED and PLATINUM JUBILEE PUBLISHERS LTD are listed, primarily involving deposits.
- Key Managerial Personnel (KMP) and Relatives: Individuals like PRAVEEN ACHUTHAN KUTTY, SHYAMALA PRAVEEN, A PACHUTHAN KUTTY, NITYA PRAVEEN, PRASHANT CHATURVEDI, AMYN ASGARALI JASSANI, LAILA AMYN JASSANI, RUBI CHATURVEDI, and others are listed as counterparties for various transactions, including deposits and interest-related activities.
- Directors and Associated Entities: Transactions involving directors such as KRISHNAN SRIDHAR SESHADRI, NASSER MUNJEE, and entities like AGA KHAN FOUNDATION, INDIA, AGA KHAN AGENCY FOR HABITAT INDIA, AGAKHAN RURAL SUPPORT PROGRAMME (INDIA), CANCARE TRUST, and PIRAMAL FINANCE LIMITED are also disclosed. These include deposits, forex transactions, and interest paid.
The report provides the value of transactions during the reporting period and the closing balance as of September 30, 2026, offering a clear view of the financial exposure and relationships maintained by DCB Bank with its related parties.
Source: BSE
