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Prakash Pipes Limited was fined Rs. 1.53 lakh by BSE for alleged non-disclosure of related party transactions on a consolidated basis. The company clarified that remuneration paid to key managerial personnel is exempt from such disclosure as it’s not considered material. No other related party transactions occurred, and there is no impact on operations or financials. Prakash Pipes is appealing for revocation of the fine, citing compliance with applicable provisions. Further updates will follow.