Key Quantitative Figures
- Maximum aggregate value for Related Party Transactions: ₹2,00,00,000 (Two Crores)
- Company's annual turnover for immediately preceding financial year: ₹2,75,00,000 (Two Crores Seventy-Five Lakhs)
- RPT value as percentage of annual turnover: 72.7%
Parties Involved
- Regulatory authorities: BSE Limited, SEBI, Ministry of Corporate Affairs
- Related Party: Rajesh Kapoor (Managing Director)
- Scrutinizer: M/s. NVB & Associates, Practicing Company Secretaries
- e-Voting agency: Central Depository Services (India) Limited (CDSL)
Purpose and Rationale
The AGM is being convened to transact ordinary business of adopting audited standalone financial statements for FY 2025-26 and special business of obtaining shareholder approval for Related Party Transactions for FY 2026-27. The RPT approval is sought pursuant to Section 188 of Companies Act, 2013 and Regulation 23 of SEBI (LODR) Regulations, 2015.
Financial and Operational Impact
The company seeks approval for Related Party Transactions up to ₹2 crore for FY 2026-27. The specific transaction disclosed is a loan to Managing Director Rajesh Kapoor for working capital requirements, structured as an unsecured loan repayable on demand. The transaction represents 72.7% of the company's annual turnover of ₹2.75 crore.
Capital Structure Impact
No direct capital structure impact disclosed. Voting rights will be in proportion to paid-up equity share capital as on September 16, 2026 (cut-off date).
Governance Details
The RPT has been evaluated by independent directors and approved by the Audit Committee and Board of Directors. The transaction is stated to be at arm's length basis and in ordinary course of business. Mr. Rajesh Kapoor is interested in the resolution and shall not vote on it.
Procedural Details
The AGM will be conducted through Video Conferencing/Other Audio-Visual Means with deemed venue at the company's registered office in Kolkata. Physical attendance is not required. The company has appointed CDSL as the e-voting agency and M/s. NVB & Associates as scrutinizer. Detailed instructions for e-voting and virtual meeting participation are provided for shareholders holding shares in both dematerialized and physical form.
Additional Information
- The notice has been uploaded on company website (www.regencytrust.co.in) and BSE website (www.bseindia.com)
- Documents referred to in the notice are available for inspection at registered office between 11:00 AM to 4:00 PM on working days
- Shareholders are encouraged to dematerialize their holdings for hassle-free transactions
- SEBI's Online Dispute Resolution portal is available for investor disputes