{"url_path":"/sec/cik-0001465470/10-k/2026/item-13","section_key":"item-13","section_title":"Item 13 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-07-22","source_url":"https://www.sec.gov/Archives/edgar/data/1465470/0001493152-26-034187-index.html","accession_number":"0001493152-26-034187","cik":"0001465470","ticker":null,"issuer_name":"NaturalShrimp Inc","edgar_url":"https://www.sec.gov/Archives/edgar/data/1465470/0001493152-26-034187-index.html","primary_entity_key":"0001465470","primary_entity_name":"NaturalShrimp Inc"},"word_count":90,"has_tables":true,"body_markdown":"**ITEM\n13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE**\n\n \n\n**Transactions\nwith Related Persons**\n\n \n\nDuring\nthe year ended March 31, 2025, the Company received $40,000 in proceeds from the issuance of a promissory note with a related party.\nThe notes bear interest at 10% and is currently in default.\n\n \n\nIn\nMarch 2026, the Company entered into the Intellectual Property and Management Transition Agreement with Hydrenesis, Inc. and David Antelo,\na related party, which includes a proposed perpetual license and the proposed conversion of approximately $1,034,112 owed to Hydrenesis\ninto equity."}