List of Related Parties

The document identifies 17 related parties across two categories:

Key Management Personnel (KMP):

  • Mr. Vatsal M. Doshi - Managing Director
  • Mr. Minesh M. Doshi - Director
  • Ms. Ayushi M. Doshi - Director
  • Mr. Dhruvil M. Doshi – CFO & Executive Director
  • Mr. Kamalkant Keswani - Independent Director
  • Mr. Govind Keswani - Independent Director
  • Ms. Darshana Chauhan - Company Secretary

Enterprise in which KMP have substantial Interest & Relatives of KMP:

  • M/s Financial Analysts & Investment Rating Ltd
  • Mr. Amit M. Doshi
  • Mr. Amit M. Doshi HUF
  • Mrs. Heena A. Doshi
  • Mr. Minesh M. Doshi HUF
  • Mr. Mukund H. Doshi HUF
  • Mrs. Sheetal M. Doshi
  • Ms. Nishita A. Doshi
  • Ms. Miloni A. Doshi

Transaction Details for the Year Ended 31st March 2026

All amounts are in ₹ lakh:

Remuneration Payments:

  • Mr. Vatsal M. Doshi: ₹13.50 lakh
  • Mr. Dhruvil M. Doshi: ₹7.00 lakh
  • Mrs. Darshana Chauhan: ₹0.89 lakh

Rent and Deposit Transactions:

  • Mr. Vatsal M. Doshi: Rent ₹1.08 lakh, Rent Deposit ₹25.00 lakh
  • Mr. Dhruvil M. Doshi: Rent ₹1.08 lakh, Rent Deposit ₹50.00 lakh
  • Financial Analysts & Investment Rating Ltd: Rent ₹0.84 lakh

Loan and Interest Transactions:

  • Financial Analysts & Investment Rating Ltd: Loan ₹1036.23 lakh, Interest Received ₹66.22 lakh

Interest Payments to Related Parties:

  • Mr. Amit M Doshi: ₹3.13 lakh
  • Mr. Amit M. Doshi HUF: ₹5.56 lakh
  • Mrs. Heena A. Doshi: ₹10.07 lakh
  • Mr. Mukund H. Doshi HUF: ₹0.81 lakh
  • Ms. Nishita A. Doshi: ₹0.07 lakh
  • Mr. Minesh M Doshi: ₹1.39 lakh
  • Mr. Minesh M. Doshi (HUF): ₹0.16 lakh
  • Ms. Ayushi M. Doshi: ₹1.25 lakh
  • Mrs Sheetal M. Doshi: ₹0.90 lakh
  • Ms. Miloni M Doshi: ₹1.74 lakh