FilingReader Intelligence

Andhra Cements: Related party deals add to deepening losses.

October 23, 2025 at 10:21 AM UTCBy FilingReader AI

Andhra Cements Limited, a subsidiary of Sagar Cements Limited, reported significant related party transactions for the six-month period ending September 30, 2025. The company disclosed an opening and closing balance of INR 14,556.00 Lakhs for related party transactions for the period.

Key transactions include sales of cement and clinker amounting to INR 3,478.00 Lakhs and purchases of various goods and services totaling INR 9,144.00 Lakhs. The report also highlights transactions such as lease payments (INR 462.00 Lakhs), rental income (INR 127.00 Lakhs), and interest on loans and advances (INR 28.00 Lakhs). Remuneration to key management personnel (INR 476.00 Lakhs) and sitting fees for directors (INR 73.00 Lakhs) were also noted.

The company further reported an increase in unsecured loans taken from related parties, with new loans amounting to INR 27,000.00 Lakhs and repayments totaling INR 70,500.00 Lakhs. The disclosure confirms that all reported transactions are for the first half of the financial year 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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