ALPHA TRIBE

Sakthi Finance LtdUpdates, 30-05-2025: Company Update

30-05-2025 | 05:44 pm

Sakthi Finance has announced a disclosure of related party transactions for the quarter and half-year ended March 31, 2025, on a consolidated basis. The transactions mainly include rent received and paid, reimbursements, interest income, commissions, loans, advances, investments, printing charges, maintenance expenses, and sitting fees involving promoter group companies, directors, key managerial personnel, and their relatives. Significant items include rent income of Rs 35 lakh from related entities, a loan of Rs 150 lakh to ABT Industries Limited at 18% interest for six months, advances of Rs 15 Cr to Sakthi Sugars Limited, and various payments of sitting fees and remuneration to directors and key personnel. These related party dealings reflect ongoing operational and financial interactions within the promoter group and affiliates.

No comments yet. Be the first to comment!

All announcements from Sakthi Finance Ltd