Rishi Techtex Limited has submitted its disclosures for related party transactions covering the half-year period ending September 30, 2026. The report, filed in compliance with SEBI regulations, details various transactions including purchases and sales of goods, as well as remuneration paid to key managerial personnel (KMPs). These transactions are categorized by counterparty and type, offering transparency into the company’s dealings with affiliated entities and individuals.
Related Party Transactions Disclosure
Rishi Techtex Limited has formally disclosed its related party transactions for the six-month period concluding on September 30, 2026. This submission is made in accordance with the requirements stipulated by SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Transaction Details
The disclosed transactions include several key areas:
- Centennial Fabrics Private Limited: This entity, in which Key Managerial Personnel (KMP) and their relatives hold significant influence, was involved in both purchase of goods totaling ₹3,756.62 lakhs and sale of goods amounting to ₹277.81 lakhs during the reporting period. The opening balance for goods purchased was ₹7,500.00 lakhs, with a closing balance of ₹850.52 lakhs. For goods sold, the opening balance was ₹7,500.00 lakhs, closing at ₹0.00 lakhs.
- Remuneration to Key Managerial Personnel (KMP): Payments were made to KMPs, including Abhishek Harshad Patel (₹67.15 lakhs), Jagdish Dokwal (₹13.62 lakhs), and Gauri Gangal (₹4.15 lakhs). These figures represent the remuneration paid during the period, with no opening or closing balances noted for these transactions.
- Smita Harshad Patel: Transactions with this relative of a KMP involved payment for rent, amounting to ₹1.80 lakhs for the period, with an opening balance of ₹3.60 lakhs and a closing balance of ₹0.00 lakhs.
These disclosures provide a transparent view of the company’s financial dealings with parties connected to its management and substantial stakeholders.
Source: BSE