The clarification pertains to transactions with the related party, Rita Narula, which were initially reported as two separate line items:
- Loan: ₹1,27,86,183
- Purchase: ₹1,17,00,000
The company clarifies that the loan amount of ₹1,27,86,183 already includes the purchase transaction of ₹1,17,00,000 as well as a loan repayment of ₹10,86,183. The initial disclosure therefore contained an inadvertent duplication due to a clerical and totalling error during the compilation process.
The purpose of this submission is to avoid any misinterpretation of the figures and to place the correct position on record. The company states that the disclosure has been reviewed to ensure accuracy and transparency. The financial impact of the corrected, consolidated transaction with the related party is ₹1,27,86,183.
The letter is signed by Sakshi Bansal, Company Secretary & Compliance Officer, and is digitally dated May 29, 2026, at 12:09:19 IST.