GNG Electronics Approves Up To ₹820 Crore Related-Party Transactions With Electronics Bazaar

Board approved material related-party transactions, subject to shareholder approval: transactions up to Rs 820 Cr with Electronics Bazaar FZC, personal guarantees up to Rs 200 Cr each from Sharad Khandelwal and Vidhi S Khandelwal, and cross-border transactions up to Rs 700 Cr with Bright World Technologies and Rs 500 Cr with Kay Kay Overseas. The Electronics Bazaar FZC transactions relate to the company’s core international operating structure and include goods, services, foreign-exchange items and a corporate guarantee. The approvals formalize significant related-party exposure across trading and guarantees. Shareholder approval is pending; the filing does not disclose transaction pricing, utilization levels, duration, or the financial exposure ultimately expected under the guarantees. The scale and cross-border nature warrant monitoring for governance and leverage implications.