Star Delta Transformers Ltd — Important, 30-05-2026: Company Update

Star Delta Transformers has disclosed its related party transactions for the half-year ending March 31. The company provided a loan of 11 Cr to Majestic Leasing Company Private Limited, an entity under common control, which had an opening balance of 8 Cr and a closing balance of 5 Cr. Star Delta also received 0.70 Cr in interest from Majestic Leasing. Additionally, the company paid professional fees and salaries totaling 0.40 Cr to Kishore Gupta (Chairman & MD), 0.28 Cr to Rakesh Gupta (Whole Time Director & CFO), 0.22 Cr to Mayank Gupta (Executive Director), and 0.04 Cr and 0.03 Cr to its Company Secretaries. The aggregate value of these transactions for the period was 12.67 Cr.