Shelter Infra Projects Limited has disclosed its related party transactions for the half year ended March 31, 2026, in compliance with Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing, submitted to the BSE and Calcutta Stock Exchange, outlines financial dealings with various entities and individuals, including loans, advances, investments, and salary payments.

The company reported an outstanding loan balance of ₹746 to Akankha as of the reporting period end. Additionally, Shelter Infra Projects Limited extended unsecured loans and advances amounting to ₹399.45 to Segur Infraco (P) Ltd. for project purposes. The opening and closing balances for this transaction were recorded at ₹399.45.

Transactions with key managerial personnel included salary payments. Somesh Bagchi, a Key Managerial Personnel (KMP), received a salary of ₹0.33, while Sushmita Neogy, also a KMP, recorded a transaction value of ₹0.21. The company also engaged with Ramayana Promoters Private, identified as a promoter holding company, involving equity shares and a loan with a closing balance of ₹12.77.

Investment activities were detailed with MJM Nirma n Private Limited, where the company held investments in equity instruments. The transaction value during the period was ₹0.47, with an opening balance of ₹94.73 and a closing balance of ₹94.26. The purpose of these investments was stated as being for the company's objectives.

Summary of Related Party Transactions

Shelter Infra Projects Limited reported a net loss of ₹4.55 lakh for the financial year ended March 31, 2026, a significant decline from the net profit of ₹23.18 lakh recorded in the previous year. Revenue from operations decreased to ₹221.25 lakh in FY26 from ₹238.49 lakh in FY25. The company's Board of Directors approved the audited financial results during a meeting held on May 27, 2026.

For the quarter ended March 31, 2026, the company reported a net loss of ₹3.95 lakh, compared to a net profit of ₹3.58 lakh in the corresponding quarter of the previous year. Revenue from operations for the quarter stood at ₹54.82 lakh, down from ₹59.94 lakh in the same period last year. Total income for the quarter was ₹59.98 lakh, while total expenses amounted to ₹60.29 lakh.

The audited financial results were reviewed by the Audit Committee and subsequently approved by the Board. The results were submitted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. An Independent Auditor's Report issued by BCAG & Associates, Chartered Accountants, accompanied the results. The report highlighted that liability for lease rent against land taken from a local municipality for 999 years had not been provided for in terms of Ind AS-116, and management was unable to determine the fair value of non-current investments in equity instruments valuing ₹94.30 lakhs.

Financial Performance

The company's financial performance for the year reflects increased operational costs. Employee benefits expense for FY26 was ₹32.42 lakh, compared to ₹36.43 lakh in the previous year. General and administrative expenses rose to ₹170.72 lakh from ₹132.22 lakh in FY25. Expenditure on contracts decreased to ₹22.94 lakh from ₹49.71 lakh. Finance costs for the year were ₹0.31 lakh, and depreciation and amortisation expenses stood at ₹9.54 lakh.

Segment Reporting

The company operates primarily in the Rental segment, which generated revenue of ₹221.25 lakh for the year ended March 31, 2026, down from ₹238.49 lakh in the previous year. The Construction Activities segment reported no revenue for the year. The Rental segment reported a profit before tax and interest of ₹66.81 lakh, while the Construction Activities segment reported a loss of ₹22.94 lakh.

Administrative and Governance Updates

During the Board meeting, the Board approved the transmission of shares for a shareholder based on documents received from the Registrar and Transfer Agent. The Board also reviewed the company's website and decided to take necessary steps to improve it. Additionally, the Board took on record an action taken report regarding a shareholder complaint received on "SCORES", which has now been disposed of. The extract of the financial results will be published in Business Standard and Arthik Lipi by May 28, 2026.