Rishi Techtex Ltd — Updates, 26-05-2025: Company Update

Rishi Techtex Limited has announced related party transactions for the half year ended March 31, 2025. Key transactions include purchase of goods worth ₹24.58 Cr from Centennial Fabrics Limited, an entity influenced by key management personnel (KMP) and their relatives, and sale of goods worth ₹4.79 Cr to the same entity. Rent payments of ₹1.20 lakh were made to a relative of a KMP. Remuneration paid to KMP totaled ₹127.15 lakh, including ₹103.95 lakh to Abhishek Harshad Patel. Sitting fees paid to non-executive directors ranged between ₹0.50 lakh and ₹1.20 lakh. These transactions reflect ongoing operational dealings and governance-related payments within the group and its leadership.