Adeshwar Meditex corrects RPT figures reported to BSE
Adeshwar Meditex Limited corrected typographical errors in related party transaction figures reported to the BSE on May 22, 2026. The revisions updated salary and interest amounts for five individuals, including Mr. K Nagarajarao and Mr. Abhinandan N. The company provided a full revised schedule of transactions involving directors and KMPs.
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Adeshwar Meditex Limited has submitted a clarification to the Bombay Stock Exchange regarding a typographical error in its related party transaction disclosures. The notification, dated May 22, 2026, corrects figures initially reported following the board meeting held on May 21, 2026.
The company identified errors in Annexure III of the previous filing, specifically concerning the remuneration and interest amounts for certain Key Managerial Personnel (KMP). The revised amounts rectify the inadvertent mistakes in the initial submission.
Corrections to Transaction Amounts
The following specific amounts were corrected in the filing:
- Interest on a loan with Mr. Abhinandan Rao is revised to 10.78 Lakhs from 1.18 Lakhs.
- Salary of Mr. Shailesh Rajpure is revised to 12.60 Lakhs from 12.00 Lakhs.
- Salary of Mr. K Nagarajarao is revised to 87.00 Lakhs from 84.00 Lakhs.
- Salary of Mr. Abhinandan N is revised to 39.00 Lakhs from 36.00 Lakhs.
- Salary of Mrs. Ashalata B Raut is revised to 38.75 Lakhs from 36.00 Lakhs.
Revised Related Party Transactions
The company provided the complete revised schedule of related party transactions. The table below details the nature and amounts of these transactions as per the corrected filing.
| Name of the related party | Relationship | Type of transaction | Amount of transaction (in Lakhs) |
|---|---|---|---|
| Mr. K Nagarajarao | Director - KMP | Salary | 87.00 |
| Mr. K Nagarajarao | Director - KMP | Loan Taken from Director | 150.00 |
| Mr. K Nagarajarao | Director - KMP | Interest Paid | 13.50 |
| Mr. Abhinandan N | Director - KMP | Salary | 39.00 |
| Mr. Abhinandan N | Director - KMP | Loan Taken from Director | 160.00 |
| Mr. Abhinandan N | Director - KMP | Interest Paid | 10.78 |
| Mrs. Ashalata B. Raut | Director - KMP | Salary | 38.75 |
| Mrs. Ashalata B. Raut | Director - KMP | Loan taken from Director | 15.00 |
| Mrs. Ashalata B. Raut | Director - KMP | Interest Paid | 1.18 |
| Mr. Shailesh Rajpure | Director - KMP | Salary | 12.60 |
| M/s Moksha Biosurgicals Pvt Ltd | Associates / Enterprises with significant influence | Purchase & Labour Charges | 0.00 |
| M/s Moksha Biosurgicals Pvt Ltd | Associates / Enterprises with significant influence | Rent paid | 7.80 |
| M/s Shivadesh Meditex | Director is Proprietor | Purchase & Labour Charges | 0.16 |
| M/s Shivadesh Meditex | Director is Proprietor | Sales | 111.56 |
| Mr. Prashant Rane | Chief Financial Officer | Salary | 6.00 |
| Mr. Vishal Jain | Compliance Officer | Salary | 3.60 |
| Mr. Arun Shankar Koli | Independent Director | Director Seating Fees | 0.00 |
| Mr. Benegal Parameshwara Udpa | Independent Director | Director Seating Fees | 0.00 |
| Mr. Prithvi Sanjay Singh | Additional Non-Executive Director | Director Seating Fees | 0.00 |
The clarification was signed by Krishnojirao Nagaraja Rao, Director of adeshwar meditex , on May 22, 2026.
Will SEBI or BSE initiate a scrutiny process into Adeshwar Meditex's internal financial controls following this typographical correction in related party disclosures?
How might the significant loans taken from directors (totaling ₹325 Lakhs) impact Adeshwar Meditex's debt structure and future fundraising capabilities?
Could the pattern of KMP salary revisions raise concerns among minority shareholders about corporate governance standards at Adeshwar Meditex during upcoming annual general meetings?
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