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Caplin Point Laboratories LimitedOthers, 07-11-2024: Related Party Transactions

07-11-2024 · 05:00 pm

Caplin Point Laboratories Limited disclosed related party transactions for the half-year ended September 30, 2024. Key transactions included sales of goods and services to subsidiaries, with significant amounts reported to Neo Ethicals S.A. (Nicaragua) and Caplin Steriles Limited. Remaining balances, loans, and fee payments to directors were also noted. Notably, the audit committee approved various transactions, including an aggregate limit of ₹450 crores for related party dealings with subsidiaries from FY 2024-2025 to FY 2028-2029.

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