Ludlow Jute & Specialities Ltd — Updates, 22-05-2025: Company Update

Ludlow Jute & Specialities has disclosed related party transactions for the half year ended March 31, 2025, totaling ₹34.94 Cr. Key dealings include loans worth ₹16.82 Cr extended to promoter entities Gold View Financial Services and Panchjanya Distributors, with respective interest payments of ₹2.00 Cr and ₹0.17 Cr. The company engaged in purchase and sale of goods and services primarily with promoter group companies, including Kelvin Jute, Ambica Jute Mills, and Bally Jute, with purchases exceeding ₹23 Cr and sales around ₹4.8 Cr. Remuneration paid to key management and directors totaled approximately ₹48 lakh. Additionally, the company made provident fund contributions of ₹1.62 Cr. These transactions reflect normal business and financial arrangements within the promoter group, underscoring the company's operational dependence on affiliated entities.