Board approves unaudited Q2/H1 results and 5-year factory lease to a related party
Supertex Industries held a board meeting on Thursday, 05th November 2026, starting at 4.00 p.m. and ending at 6.20 p.m.
By ScoutQuest · · 2 min read
- Lease Period
- 5 years
- Monthly Lease Rent
- Rs. 10,000/- plus GST
- Lease Effective Date
- 10.11.2026
Board meeting outcome: what was decided
The board of directors of Supertex Industries Limited met on Thursday, 05th November 2026. The meeting began at 4.00 p.m. and concluded at 6.20 p.m.
Two items were placed before the board and approved
- The unaudited financial results of the company for the quarter and half year ended 30th September 2026, along with the Limited Review Report of the auditors.
- A related party transaction for the lease of a part of the factory premises and some machinery.
Quarterly results approved
The board approved the unaudited quarterly financial results for the quarter and half year ended 30th September 2026. The auditors' Limited Review Report on these results was also approved along with them. A limited review is the standard check statutory auditors carry out on unaudited quarterly numbers of a listed company.
For a retail investor, the results approval is the routine, scheduled part of the agenda. It tells you the company has closed its books for the quarter and half year that ended in September and has placed them before the board.
Related party lease: the details
The board approved a related party transaction involving the lease of
- a part of the factory premises situated at 213, Kharvel, behind Kharvel Sub-station, Dharampur-396 050, and
- some machinery,
to Silt Advanced Materials Private Limited.
The key terms as stated
- Lease period: 5 years
- Monthly lease rent: Rs. 10,000/- plus GST
- Effective from: 10.11.2026
Because Silt Advanced Materials Private Limited is a related party, this lease is a related party transaction. Such transactions are approved by the board and are disclosed to the exchanges so that shareholders can see the terms on which the company deals with entities connected to it.
The rental is a recurring inflow for the company, arriving every month for the length of the lease. At Rs. 10,000/- per month plus GST, the amount is small in absolute terms, so the financial effect of this single transaction on the company's overall numbers is limited in scale.
What to take away
- The board approved the quarter and half year results for the period ended 30th September 2026, with the auditors' limited review.
- A part of the factory premises and some machinery will be leased to a related party, Silt Advanced Materials Private Limited, for 5 years at Rs. 10,000/- per month plus GST, from 10.11.2026.
- Both decisions were taken at a meeting that ran from 4.00 p.m. to 6.20 p.m. on 05th November 2026.
Also from Supertex Industries
Board meeting on 5 November to consider and approve September quarter unaudited results
29 Oct 2026
GST authority confirms demand over alleged ineligible input tax credit; company to contest
26 Oct 2026
Non-Executive Independent Director re-appointed for a second term of 5 consecutive years
1 Oct 2026
More numbers
- Monthly lease rent for the related party leaseRs. 10,000/- plus GST
- Lease period5 years
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