Abhijit Trading Company Ltd — Updates, 29-05-2025: Company Update
Abhijit Trading Co Ltd has announced related party transactions involving loans, borrowings, advances, investments, and share allotments with entities linked to key individuals in the management. Notably, they extended loans and advances worth ₹187 lakh and unsecured borrowings of ₹350 lakh to Utsav Securities Ltd, with a share allotment valued at ₹11.5 Cr. Significant unsecured borrowings include ₹725 Cr from Genesis Developers and Holding Ltd and ₹1.91 crore from Sunshine Capital Ltd, where relatives of the Managing Director hold key positions. Investments of ₹150 Cr were made in Sunshine Capital Ltd, and advances of ₹106.96 Cr were extended to PB Properties Pvt Ltd. These transactions reflect the company’s financial dealings within its connected parties.
