Max Heights Infrastructure Limited has disclosed its related-party transactions for the half-year ended March 31, 2026, in compliance with Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing, submitted on May 27, 2026, outlines financial engagements with Key Managerial Personnel (KMP) and entities controlled by them, providing transparency on corporate governance practices.

The disclosure details remuneration paid to KMPs during the reporting period. Naveen Narang received a total remuneration of ₹12.00, while Sonali Mathur received ₹3.60. Both amounts reflected a nil opening and closing balance for the period, indicating payments were settled within the timeframe.

Transactions with KMP-controlled enterprises included a significant financial adjustment with Pitampura Leasing & Housing Finance Ltd. The company repaid a loan amount of ₹65.00, reducing the liability from an opening balance of ₹65.00 to a nil closing balance. Additionally, the entity paid interest amounting to ₹1.04 to this KMP-controlled enterprise during the period.

The report also lists the company's investments in various strategic and KMP-controlled enterprises. Investments in Max Heights Developers Private Limited and New Delhi Realcon Private Limited remained unchanged at ₹6.46 and ₹5.76, respectively. Smaller holdings in Maxheights Awas Private Limited and Suman Villas Private Limited were also recorded at ₹0.15 and ₹4.50, respectively, with no transactions reported during the half-year.

Related-Party Transactions Summary

The following table details the related-party transactions for the period from October 1, 2025, to March 31, 2026:

Max Heights Infrastructure Limited returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹98.12 lakh compared to a net loss of ₹39.98 lakh in the previous year. Revenue from operations for the year rose to ₹826.66 lakh, up from ₹458.00 lakh in FY25, driven primarily by the Real Estate and Finance segments. The company’s Board of Directors approved the audited standalone financial results at a meeting held on May 27, 2026. The Statutory Auditors, M/s Chitranjan Agarwal & Associates, issued an audit report with an unmodified opinion on the financial results.

For the quarter ended March 31, 2026, the company reported a net loss of ₹35.98 lakh, a widening from the net loss of ₹28.44 lakh in the corresponding quarter of the previous year. Total revenue for Q4FY26 stood at ₹137.78 lakh, while total expenses amounted to ₹152.77 lakh. The company noted that the PAN of designated person(s), which was frozen effective April 1, 2026, would be unfrozen by NSDL within 48 hours of the announcement of the results.

Financial Performance

The following table outlines the standalone financial results for Max Heights Infrastructure Limited for the quarter and financial year ended March 31, 2026:

Segment Reporting

The company operates across three segments: Real Estate, Finance, and Shares. The Real Estate segment remains the largest revenue driver, accounting for the majority of the total income. The Finance segment also contributed significantly to the top line.

Cash Flow and Assets

The company generated a net cash flow from operating activities of ₹442.39 lakh for the year ended March 31, 2026, compared to a negative cash flow of ₹688.63 lakh in the previous year. Cash and cash equivalents as of March 31, 2026, stood at ₹259.47 lakh, a significant increase from ₹9.60 lakh in the prior year. Total assets were reported at ₹3,748.35 lakh, while total liabilities stood at ₹389.54 lakh.