ALPHA TRIBE

Space Incubatrics Technologies LtdResults, 28-05-2025: Integrated Filing

28-05-2025 | 08:32 pm

Space Incubatrics Technologies Limited has reported related party transactions involving loans, inter-corporate deposits, and remuneration for key management personnel. The company extended an unsecured inter-corporate deposit of ₹546.39 lakh at 7% interest on demand for working capital purposes. Loans amounting to ₹9.24 lakh and ₹0.85 lakh from promoters carrying 0% interest on demand were recorded for working capital use. Remuneration payments totaling ₹9.6 lakh were made to key management personnel. All such transactions were reviewed and ratified by the Audit Committee, ensuring transparency and compliance.

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