Sati Poly Plast Approves Related Party Transactions with Promoter Group for Dholpur Plant Expansion

Sati Poly Plast Approves Related Party Transactions with Promoter Group for Dholpur Plant Expansion​

Sati Poly Plast Limited (formerly known as Sati Poly Plast Private Limited) announced that its Board of Directors approved several related party transactions involving M/s Osho Tradeflex Private Limited, a promoter group company. These agreements relate to the operations and expansion of the company’s manufacturing unit in Dholpur, Rajasthan.

The approvals detail both the lease of property and the hiring of necessary plant and machinery from M/s Osho Tradeflex Private Limited (OTPL).

Revised Rent Agreement for Manufacturing Facility​

The Board approved the revised terms for the rent agreement pertaining to Sati Poly Plast’s manufacturing facility located at SP 1 Industrial Area, Visnodha, Dholpur. The unit was initially established on a lease basis from OTPL in February 2026.

The company has significantly increased the operational area and renegotiated the rental terms, effective from June 1, 2026.

Key details of the revised agreement include:

• Area: The leased area has been expanded to 51,000 sq. ft., up from the earlier 35,000 sq. ft.
• Rent: The monthly rent for the manufacturing plant has increased from INR 1,00,000/- per month (plus GST) to INR 6,00,000/- per month (plus GST).

This strategic move is expected to boost production capacity to 1200 tonnes per month, facilitating optimum resource utilization and meeting customer demand. The lease term for the property is set at 11 months starting from June 1, 2026, with provisions for renewal upon mutual consent.

Hiring of Equipment and Machinery​

In addition to the real estate agreement, Sati Poly Plast has approved taking on hire specific equipment and machinery owned by M/s Osho Tradeflex Private Limited. This hiring is designated for manufacturing purposes at the Dholpur plant.

The duration of this machinery lease is 11 months, commencing from June 1, 2026. The terms include a monthly rental fee of INR 14,00,000/- (plus GST).

The overall related party transaction structure ensures that Sati Poly Plast meets the commercial and operational requirements for its rapidly growing Dholpur operations through these agreements with the promoter group company.

SATIPOLY Stock Price Movement​

On Friday, shares of Sati Poly Plast Limited tumbled, shedding ₹1.45 or 3.72% from the previous close to settle at ₹37.50. The equity saw a total traded volume of 1,500 shares during the session.