Sumeet Industries514211RPT disclosure

Revised related party transactions statement re-shared for the quarter and half year ended September 2026

Sumeet Industries has re-shared its related party transactions statement for the half year ended September 2026, saying an un-updated file was uploaded by oversight with its Integrated update dated 03.11.2026.

By ScoutQuest · Wed 4 Nov 2026, 1:22 PM IST · 2 min read

Sale of goods/services - Eagle Fibres Limited: 6357.90
Loans and advances - Sumeet Speciality Chips Limited: 2777.56
Loans and advances - Hi Urja Techno LLP: 1334.81

Company: Sumeet Industries Limited (under CIRP), BSE scrip code 514211, NSE symbol SUMEETINDS. Update dated 04.11.2026.

What was shared

The company has submitted a revised statement of related party transactions, the statement that goes with its Integrated update (Financial) for the quarter and six months ended 30.09.2026, originally shared on 03.11.2026.

Why a revised version

In the company's own words, an un-updated file was taken and uploaded due to oversight while submitting the Integrated update of financial results. It has now submitted the updated file for transactions held with related parties, and has apologised for the inconvenience.

Who the counterparties are

Eagle Fibres Limited, Eagle Fashion (P) Limited, Vibhuti Synthetics Pvt. Limited, JPB Fibres, Sumeet Speciality Chips Limited and Hi Urja Techno LLP, each described as a relative of a key managerial person being a director.
Executive Directors Radheshyam B Jaju, Pratik R Jaju and Rohan Dipak Bhai Modh (remuneration).
Non-executive Directors Saurav Santosh Dugar, Prachi A Gandhi and Ankita Siddharth Shah (director sitting fees).
Company Secretary Anil Kumar Jain and Chief Financial Officer Abhishek Prasad (remuneration, and loan recovered).

What kinds of transactions

Purchase of goods or services, and sale of goods or services
Unsecured loans
Loans and advances
Advance against supply
Investment in shares
Remuneration, director sitting fees and loan recovered

How the figures are presented

Each row carries a figure for the transaction, an approval remark and a remark reading "Transaction at arm length", along with opening and closing balances. Figures printed against individual rows include 6357.90 for sale of goods or services with Eagle Fibres Limited, 2777.56 for loans and advances involving Sumeet Speciality Chips Limited, 1334.81 for loans and advances with Hi Urja Techno LLP and 1075.28 for an advance against supply to Vibhuti Synthetics Pvt. Limited.

Approvals recorded

Rows carry remarks such as "Approved in the AGM" for some executive director remuneration, "Approved by the Shareholders" for Rohan Dipak Bhai Modh, "Approved by the Board" for director sitting fees, and "NA" against some company secretary and chief financial officer items.

What this means for a retail investor

A related party transaction is a deal between the company and a person or firm connected to its promoters, directors or senior managers. Such deals are disclosed so shareholders can see how much business the company does with these connected parties and on what terms. Here the change is a correction: the statement already shared is being replaced with an updated version. The "Transaction at arm length" remark is the company's own characterisation within the statement.

One more point from the letter

It is signed for "Sumeet Industries Limited (under CIRP)". CIRP refers to the corporate insolvency resolution process, meaning the company is going through that process.

Also from Sumeet Industries