Kanishk Steel H1 FY26 Related Party Transactions

Related Parties Identified

Key Management Personnel & Relatives:

• Shri Vishal Keyal, Chairman and Managing Director (DIN: 00092651)
• Shri Ashok Bohra, Whole Time Director and CFO
• Shri Munuswamy Sathiyamoorthy, Director
• Shri Rangaswamy Ramesh, Director
• Smt. Manju Meenakshi, Director
• Shri Sheshadari M Nagarajan, Director
• Shri Hena Singh, Company Secretary
• Shri Rajesh Kumar Gupta, Promoter
• Shri Ravi Kumar Gupta, Promoter
• Shri Alok Kumar Gupta, Relative of a Promoter

Enterprises Where KMP/Close Family Members Have Significant Influence:

• Indian Corporate Business Centre Limited
• OPG Business Centre Private Limited
• Kanishk Metal Recycling Private Limited

Transaction Details (October 2025 - March 2026)

All amounts in ₹ lakhs

With OPG Business Centre Private Limited:

• Purchase of Power: ₹271.63
• Investments in equity shares: Not specified amount
• Outstanding balance as of October 1, 2025: ₹200.00 crore
• Outstanding balance as of March 31, 2026: Not specified

With Kanishk Metal Recycling Private Limited:

• Rent Paid: ₹0.71

With Indian Corporate Business Centre Limited:

• Rent Paid: ₹3.54
• Import Handling Service Charges: ₹90.28
• Sales: ₹1.62
• Outstanding balance as of March 31, 2026: ₹9.71 crore

Remuneration/Commission/Sitting Fees Paid

To Key Management Personnel:

• Shri Vishal Keyal, Chairman and Managing Director: ₹4.50 lakh
• Shri Ashok Bohra, Whole Time Director and CFO: ₹10.50 lakh
• Shri Munuswamy Sathiyamoorthy, Director: ₹0.08 lakh
• Shri Rangaswamy Ramesh, Director: ₹0.08 lakh
• Smt. Manju Meenakshi: ₹0.08 lakh
• Shri Alok Gupta: Amount not specified

Financial Impact

The disclosure provides specific transaction amounts but does not quantify the overall financial impact on the company's financial statements. The transactions represent ongoing operational relationships with related parties.