BDR Buildcon files related party transaction disclosure for March 2025 period

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BDR Buildcon files related party transaction disclosure for March 2025 period

Noor Mohmmed

14/Apr/2025

BDR Buildcon submitted its related party transaction disclosure for the half year ending March 2025.
The report includes loans from Rajesh Gupta and Shashank Gupta as promoter-linked funding.
Filing aligns with SEBI Regulation 23(9) and Ind AS 24 for transparency in financial reporting

BDR Buildcon Limited, a listed company engaged in construction and infrastructure development, has filed its disclosure on Related Party Transactions (RPTs) for the second half of the financial year 2024-25. The disclosure, dated 9th April 2025, is in compliance with Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Ind AS 24 – Related Party Disclosures.

This move is part of the company’s ongoing commitment to corporate transparency and governance, required for all listed entities.

Importance of Regulation 23(9) and Ind AS 24

Regulation 23(9) under SEBI LODR mandates all listed entities to submit half-yearly disclosures of transactions with related parties. These disclosures must be filed with stock exchanges to ensure financial transparency and protect the interests of public shareholders.

Similarly, Ind AS 24 outlines how related parties should be identified and how their transactions should be recorded in financial statements. The key objective is to avoid conflicts of interest and ensure fair practices within corporate structures.

Who Are the Related Parties?

In the submitted disclosure, BDR Buildcon identified the following individuals/entities as related parties:

Mr. Rajesh Gupta – Managing Director
Mrs. Renu Gupta – Director
M/s. Rajesh Gupta HUF – Where the Karta is a director of the company
Mr. Shashank Gupta – Son of a Director (Relative)

These are classified as related parties based on their position in management or their family relationships with key personnel, as defined under Ind AS 24.

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BDR Buildcon files related party transaction disclosure for March 2025 period

Importance of Regulation 23(9) and Ind AS 24

Who Are the Related Parties?

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