ALPHA TRIBE

Manomay Tex India LimitedOthers, 14-05-2025: Related Party Transactions

14-05-2025 | 03:36 pm

Manomay Tex India Limited has announced related party transactions for the half-year ended March 31, 2025, involving purchases and sales of goods and services, loans, remuneration, rent, interest, and consultancy services with promoter-controlled entities. Significant loans were granted during the period, notably with Everstrong Marketing Private Limited and Fornax Fashion Private Limited. Payments to key promoter-related individuals were also disclosed. These transactions highlight ongoing financial and operational interactions within the group, ensuring transparency and maintaining corporate governance standards.

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