Rishiroop Ltd board approved renewal of lease agreement with promoter entity Rishiroop Polymers for 11 months.
Lease covers 1,000 sq ft office space in Mumbai at unchanged rent of ₹250,000 per month exclusive of GST.
Counterparty holds 30.96% stake in listed entity and transaction is conducted at arm's length basis.
Disclosure made under SEBI Listing Regulations as related party transaction with no security deposit required.