Switching Technologies Gunther Limited has submitted its mandatory disclosure of related party transactions for the half-year ended September 30, 2026. The report details transactions with key management personnel, promoters, and fellow subsidiaries, including remuneration, director’s sitting fees, sale of goods, and purchase of goods.
Related Party Transaction Disclosure
Switching Technologies Gunther Limited has publicly disclosed its related party transactions for the financial half-year ending September 30, 2026. This disclosure adheres to the requirements of Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Transactions Identified
The detailed filing outlines various financial dealings with individuals and entities classified as related parties. These include transactions such as:
- Remuneration paid to key managerial personnel including the Company Secretary, Managing Director, and Chief Financial Officer.
- Director’s Sitting Fees provided to various directors serving on the board.
- Sale of Goods to and Purchase of Goods from fellow subsidiaries, such as Comus International, USA, and Comus Technologies, BVBA.
- Intercorporate Deposits and Interest Accrued on ICD involving Promoter Shareholder, BBU Enterprises Private Limited.
- Advances received for Sale of Goods and other related expenses incurred on behalf of the company by related parties.
The disclosure also includes opening and closing balances for existing related party transactions, even where no new transactions occurred during the reporting period. The total value of related party transactions undertaken during the period amounted to ₹271.94 Lakhs, with closing balances totaling ₹382.40 Lakhs.
Source: BSE
