Sunshine Capital Ltd — Updates, 30-05-2025: Company Update
30-05-2025 | 06:10 pm
30-05-2025 | 06:10 pm
Sunshine Capital Limited has disclosed related party transactions for the quarter and financial year ended March 31, 2025. Significant loans were extended to relatives of the Managing Director, including Rs 22.23 Cr to Babita Jain and Rs 10.54 Cr to Virendra Jain. Additionally, a loan of Rs 1.91 Cr was given to Abhijit Trading Co. Ltd., linked to a key managerial person’s relative, along with Rs 55 lakh to Utsav Securities Ltd. The company also allotted shares worth Rs 150 Cr to Abhijit Trading Co. Ltd. Remuneration of Rs 1.62 Cr was paid to Babita Jain. These transactions highlight substantial financial dealings within related parties, relevant for shareholders monitoring governance and fund utilization.
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