Manomay Tex India Board Approves Unaudited Q2 FY26 Standalone Results and Related Party Transactions
Manomay Tex India's board approved Q2 FY26 standalone unaudited results and detailed related party transactions, totaling ₹58.21 crore, all within approved limits and normal course of business.
This is a standard regulatory compliance filing providing details of related party transactions and the approval of unaudited quarterly results. Such disclosures are routine and typically do not have a significant or immediate impact on the stock price.
The announcement is a routine disclosure of related party transactions and board meeting approvals for quarterly results. The transactions are stated to be in the normal course of business and within approved limits, indicating no unusual or concerning activity.
* Manomay Tex India Limited's Board of Directors met on November 14, 2025, to approve the unaudited standalone financial results for the second quarter ended September 30, 2025. The meeting commenced at 11:00 AM and concluded at 3:40 PM on the same day. * The company confirmed that it has related party transactions and has entered into such transactions during the selected half-year. The updated Related Party Transactions (RPT) Policy, last updated on August 30, 2024, has been uploaded on the company's website. * All related party transactions were in the normal course of business and were approved by the Audit Committee, with a monetary value subject to a maximum of ₹500 crore for the financial year 2025-26. * Key related party transactions during the reporting period, with a total value of ₹5821.99 lakhs (₹58.21 crore), include: * Purchase of goods or services from entities like Kamlesh Synthetics, Everstrong Marketing Private Limited, Charbhuja Impex, Shree Synthetics, and Jack N Jill. * Remuneration paid to key management personnel such as Kailashchandra Hiralal Laddha, Yogesh Laddha, Maheshchandra Kailashchandra Laddha, Kamlesh Kailashchandra Laddha, and Pallavi Laddha. * Loans to and from various related parties including Ashish International, Pallavi Laddha, Citifab Sutting, Everstrong Marketing Private Limited, Yogesh Laddha, Prachi Creation, Fornax Fashion Private Limited, Druhinah Agro Private Limited, and Seema Synthetics. * Rent paid to Kailashchandra Hiralal Laddha and Yogesh Laddha. * Sale of goods or services to Citifab Sutting and Everstrong Marketing Private Limited. * Interest paid to Ashish International, Prachi Creation, Citifab Sutting, Seema Synthetics, Everstrong Marketing Private Limited, Yogesh Laddha, Druhinah Agro Private Limited, Fornax Fashion Private Limited, and Pallavi Laddha.
What to do with a filing like this
Manomay Tex India Limited filed this with the NSE as a statutory disclosure, categorised under related party transactions. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Manomay Tex India Limited. Read the original for the full detail.