Max Heights Infrastructure Limited submitted its half-yearly disclosure of related-party transactions for the period from 1st April, 2026 to 30th September, 2026 pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The disclosure was submitted to BSE Limited and The Calcutta Stock Exchange Limited by Sonali Mathur, Company Secretary and Compliance Officer (Membership No: F13821) from Delhi.
Related Party Transactions Details:
Key Management Personnel (KMP) Remuneration:
- Naveen Narang (KMP): Remuneration of ₹12.00 lakhs (opening balance: ₹0.00, closing balance: ₹0.00)
- Sonali Mathur (KMP): Remuneration of ₹3.90 lakhs (opening balance: ₹0.00, closing balance: ₹0.00)
Loan Transactions:
- Pitampura Leasing & Housing Finance Ltd (KMP Controlled Enterprise): Loan of ₹25.00 lakhs (opening: ₹0.00, closing: ₹25.00 lakhs)
- Naveen Narang (KMP): Loan of ₹13.00 lakhs (opening: ₹0.00, closing: ₹0.00) with ₹13.00 lakhs repaid during period
- Mansi Narang (Director): Loan of ₹120.00 lakhs (opening: ₹0.00, closing: ₹120.00 lakhs)
- Suman Villas Private Limited (Strategic Investment): Loan Given of ₹10.00 lakhs (opening: ₹0.00, closing: ₹10.00 lakhs)
Interest Transactions:
- Pitampura Leasing & Housing Finance Ltd: Interest Paid of ₹0.26 lakhs (opening: ₹0.00, closing: ₹0.00)
- Suman Villas Private Limited: Interest Received of ₹0.44 lakhs (opening: ₹0.00, closing: ₹0.39 lakhs) with ₹0.05 lakhs received during period
- Suman Villas Private Limited: Interest Received of ₹11.28 lakhs (opening: ₹0.00, closing: ₹10.15 lakhs) with ₹1.13 lakhs received during period
Deposit and Investment Transactions:
- Suman Villas Private Limited: Earnest Money Deposit (EMD) of ₹250.00 lakhs (opening: ₹250.00 lakhs, closing: ₹250.00 lakhs)
- Max Heights Developers Private Limited (KMP Controlled Enterprise): Investment of ₹6.46 lakhs (opening: ₹6.46 lakhs, closing: ₹6.46 lakhs)
- New Delhi Realcon Private Limited (KMP Controlled Enterprise): Investment of ₹5.76 lakhs (opening: ₹5.76 lakhs, closing: ₹5.76 lakhs)
- Maxheights Awas Private Limited (Strategic Investment): Investment of ₹0.15 lakhs (opening: ₹0.15 lakhs, closing: ₹0.15 lakhs)
- Suman Villas Private Limited (Strategic Investment): Investment of ₹4.50 lakhs (opening: ₹4.50 lakhs, closing: ₹4.50 lakhs)
Financial Impact:
The disclosure provides detailed transaction amounts but does not quantify the overall financial impact on the company's financial statements.