Related Party Transaction Details
- Reporting Entity: Malt Land Distilleries Ltd (Formerly Known as Abhijit Trading Co Ltd)
- Counterparty: Mr. Surendra Kumar Jain
- Relationship: Brother of Managing Director (Mr. Virendra Jain)
- Transaction Type: Loan & Advance
- Transaction Value during Reporting Period: ₹81,62,544 (Rupees Eighty One Lakh Sixty Two Thousand Five Hundred Forty Four)
- Approved Value by Audit Committee: Not Applicable (N/A)
- Opening Balance: NIL
- Closing Balance: NIL
Additional Financial Information
The disclosure specifically notes that this transaction relates to loans, inter-corporate deposits, advances or investments made by the listed entity. However, the additional columns for financial indebtedness details (nature of indebtedness, cost, tenure, interest rate, security status, and end usage purpose) are marked with "-" indicating no additional financial indebtedness was incurred to facilitate this transaction.