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Mukand Ltd. Regulatory Filings 2023
60966_rns_2023-05-16_30fa5bbb-ca1e-4666-b194-a3a9c0e362b2.pdf
Regulatory Filings
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Mukand Ltd.
Read. Office: Bajaj Bhawan, 3rd Floor Jamnalal Bajaj Mara 226 Nariman Point Mumbai India 400 021 Tel: 91 22 6121 6666 Fax: 91 22 2202 1174 www.mukand.com
Kalwe Works: Thane-Belapur Road Post office Kalwe, Thane, Maharashtra India 400 605 Tel: 91 22 2172 7500 / 7700 Fax: 91 22 2534 8179 CIN: L99999MH1937PLC002726 E-mail: [email protected]
May16, 2023
Department of Corporate Services BSE Limited. Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001 ISIN CODE: INE304A01026
Listing Department National Stock Exchange of India Ltd., Exchange Plaza, Plot no. C/1, G Block, Bandra-Kurla Complex Bandra (E), Mumbai - 400051 ISIN CODE: INE304A01026 NSE Scrip Name: MUKAND LTD.
BSE Scrip Code: 500460
Dear Sirs.
Sub: Disclosure of Related Party Transactions for the half year ended March, 2023 pursuant to Regulation 23(9) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 ("Listing Regulations"), as amended
Please find enclosed the disclosure of related party transactions for the half-year period commencing from October 01, 2022 to March 31, 2023, in the format prescribed by the Securities and Board $\sigma$ f India vide its Circular Exchange N0 SEBI/HO/CFD/CMD1/CIR/P/2021/662 dated November 22, 2021, effective April 1, 2022.
The aforesaid information is also being placed on the website of the Company at www.mukand.com.
Kindly take the above on your record
Yours faithfully, For Mukand Limited
Rajendra Sawant Company Secretary
Encl: As above
| (Rs. In Lakhs) |
|---|
| ---------------- |
Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, intercorporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only
| once, during the reporting period when such transaction was undertaken. | ||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sr No. | Details of the party (listed entity /subsidiary) entering into the transaction |
Details of the counterparty | Type of related party | Details of other related |
Value of the related party |
Remarks on | Value of transaction |
In case monies are due to either party as a result of the transaction |
In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments |
Details of the loans, inter-corporate deposits, advances or investments | ||||||||||||
| Name | PAN | Name | PAN | Relationship of the counterparty with the listed entity or its subsidiary |
transaction | party transaction |
transaction as approved by the audit committee |
approval by audit committee |
during the reporting period |
Opening balance |
Closing balance |
Nature of indebtedness (loan/ issuance of debt/ any other etc.) |
Details of other indebtedness |
Cost | Tenure | Nature (loan/ advance/ intercorporate deposit/ investment ) |
Interest Rate (%) Tenure |
Secured/ unsecured |
Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage) |
|||
| Purchase of goods or | ||||||||||||||||||||||
| 1 Mukand Limited | Bachharaj & Company Pvt Ltd | Significant Influence | services | NIL | 8.22 | 1.48 | 0.00 | |||||||||||||||
| 2 Mukand Limited | Bachharaj & Company Pvt Ltd | Significant Influence | Interest paid | NIL | 180.34 | 0.00 | 0.00 | |||||||||||||||
| 3 Mukand Limited | Bachharaj & Company Pvt Ltd | Significant Influence | Advance | NIL | 18997.00 | 0.00 | 0.00 | |||||||||||||||
| 4 Mukand Limited | Bajaj Allianz General Insurance Co ltd |
Promoter Group | Purchase of goods or services |
NIL | 333.38 | 82.98 | -75.07 | |||||||||||||||
| 5 Mukand Limited | Bajaj Sevashram Pvt Ltd | Promoter Group | Interest paid | NIL | 322.33 | 0.00 | 0.00 | |||||||||||||||
| 6 Mukand Limited 7 Mukand Limited |
Bajaj Sevashram Pvt Ltd Bajaj Sevashram Pvt Ltd |
Promoter Group Promoter Group |
Loan Advance |
NIL NIL |
1000.00 12510.00 |
11865.20 0.00 |
0.00 0.00 |
|||||||||||||||
| 8 Mukand Limited | Bombay Forgings Ltd | Associate | Advance | NIL | 20.00 | 0.00 | 0.00 | |||||||||||||||
| 9 Mukand Limited | Bombay Forgings Ltd | Associate | Loan Purchase of goods or |
NIL | 6.00 | 0.00 | 0.00 | |||||||||||||||
| 10 Mukand Limited | Hind Musafir Agency Ltd | Significant Influence | services | NIL | 34.76 | 5.16 | 4.60 | |||||||||||||||
| 11 Mukand Limited | Hospet Steels Ltd | Associate | Purchase of goods or services |
NIL | 3267.21 | 931.97 | 1167.48 | |||||||||||||||
| 12 Mukand Limited | Jamnalal Sons Pvt Ltd | Significant Influence | Interest paid | NIL | 1352.23 | 0.00 | 0.00 | |||||||||||||||
| 13 Mukand Limited 14 Mukand Limited |
Jamnalal Sons Pvt Ltd Jamnalal Sons Pvt Ltd |
Significant Influence Significant Influence |
Loan Advance |
NIL NIL |
10200.00 52950.50 |
43355.80 0.00 |
0.00 0.00 |
|||||||||||||||
| Guarantee | ||||||||||||||||||||||
| withdrawn by the |
||||||||||||||||||||||
| 15 Mukand Limited | Jamnalal Sons Pvt Ltd Kamalnayan Investment & |
Significant Influence | Any other transaction | Company's | NIL | 350000.00 195000.00 | 195000.00 | |||||||||||||||
| 16 Mukand Limited | Trading Pvt . Ltd Kamalnayan Investment & |
Significant Influence | Interest paid | NIL | 33.14 | 0.00 | 0.00 | |||||||||||||||
| 17 Mukand Limited | Trading Pvt . Ltd | Significant Influence | Loan | NIL | 1800.00 | 0.00 | 0.00 | |||||||||||||||
| 18 Mukand Limited | Kamalnayan Investment & Trading Pvt . Ltd |
Significant Influence | Advance | NIL | 1800.00 | 0.00 | 0.00 | |||||||||||||||
| 19 Mukand Limited | Madhur Securities Pvt. Ltd | Significant Influence | Interest paid | NIL | 36.82 | 0.00 | 0.00 | |||||||||||||||
| 20 Mukand Limited 21 Mukand Limited |
Madhur Securities Pvt. Ltd Madhur Securities Pvt. Ltd |
Significant Influence Significant Influence |
Loan Advance |
NIL NIL |
2000.00 2000.00 |
0.00 0.00 |
0.00 0.00 |
|||||||||||||||
| Mukand Sumi Metal Processing | Purchase of goods or | |||||||||||||||||||||
| 22 Mukand Limited | Ltd Mukand Sumi Metal Processing |
Subsiidary | services Sale of goods or |
NIL | 2268.53 | 372.70 | 334.30 | |||||||||||||||
| 23 Mukand Limited | Ltd Mukand Sumi Metal Processing |
Subsiidary | services Purchase of goods or |
NIL | 31246.24 | 2768.57 | 0.00 | |||||||||||||||
| 24 Mukand Limited | Ltd | Subsiidary | services | NIL | 271.36 | 0.00 | 0.00 | |||||||||||||||
| 25 Mukand Limited | Mukand Sumi Metal Processing Ltd |
Subsiidary | Sale of goods or services |
NIL | 9.17 | 0.00 | 0.00 | |||||||||||||||
| 26 Mukand Limited | Mukand Sumi Special Steel Ltd | Significant Influence | Purchase of goods or services |
NIL | 2349.41 | 433.44 | 459.31 | |||||||||||||||
| 27 Mukand Limited | Mukand Sumi Special Steel Ltd | Significant Influence | Sale of goods or services |
NIL | 98700.15 | 111.01 | 3295.53 | |||||||||||||||
| Purchase of goods or | ||||||||||||||||||||||
| 28 Mukand Limited | Mukand Sumi Special Steel Ltd | Significant Influence | services Sale of goods or |
NIL | 376.27 | 0.00 | 0.00 | |||||||||||||||
| 29 Mukand Limited | Mukand Sumi Special Steel Ltd | Significant Influence | services | NIL | 8257.16 | 9106.04 | 1.36 | |||||||||||||||
| 30 Mukand Limited | Mukand Sumi Special Steel Ltd | Significant Influence | Interest paid | NIL | 246.71 | 0.00 | 0.00 | |||||||||||||||
| 31 Mukand Limited | Mukand Sumi Special Steel Ltd | Significant Influence | Interest received | NIL | 133.12 | 0.00 | 0.00 | |||||||||||||||
| 32 Mukand Limited | Mukand Sumi Special Steel Ltd | Significant Influence | Any other transaction | Guarantee repaid |
NIL | 9609.38 | 0.00 | 35392.22 | ||||||||||||||
| 33 Mukand Limited 34 Mukand Limited |
Niraj Holding Pvt. Ltd Niraj Holding Pvt. Ltd |
Promoter Group Promoter Group |
Interest paid Loan |
NIL NIL |
31.30 1700.00 |
0.00 0.00 |
0.00 0.00 |
|||||||||||||||
| 35 Mukand Limited | Niraj Holding Pvt. Ltd | Promoter Group | Advance | NIL | 1700.00 | 0.00 | 0.00 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 36 Mukand Limited | Rahul Securities Pvt. Ltd | Promoter Group | Interest paid | NIL | 64.44 | 0.00 | 0.00 | |||||
| 37 Mukand Limited | Rahul Securities Pvt. Ltd | Promoter Group | Loan | NIL | 3500.00 | 0.00 | 0.00 | |||||
| 38 Mukand Limited | Rahul Securities Pvt. Ltd | Promoter Group | Advance | NIL | 3500.00 | 0.00 | 0.00 | |||||
| Sanrajnayan Investments Pvt | ||||||||||||
| 39 Mukand Limited | Ltd | Promoter Group | Interest paid | NIL | 62.57 | 0.00 | 0.00 | |||||
| Sanrajnayan Investments Pvt | ||||||||||||
| 40 Mukand Limited | Ltd | Promoter Group | Loan | NIL | 2500.00 | 0.00 | 0.00 | |||||
| Sanrajnayan Investments Pvt | ||||||||||||
| 41 Mukand Limited | Ltd | Promoter Group | Advance | NIL | 2500.00 | 0.00 | 0.00 | |||||
| 42 Mukand Limited | Shekhar Holding Pvt. Ltd | Promoter Group | Interest paid | NIL | 36.82 | 0.00 | 0.00 | |||||
| 43 Mukand Limited | Shekhar Holding Pvt. Ltd | Promoter Group | Loan | NIL | 2000.00 | 0.00 | 0.00 | |||||
| 44 Mukand Limited | Shekhar Holding Pvt. Ltd | Promoter Group | Investment | NIL | 2000.00 | 0.00 | 0.00 | |||||
| Purchase of goods or | ||||||||||||
| 45 Mukand Limited | Jamnalal Sons Pvt Ltd | Significant Influence | services | NIL | 373.97 | 0.00 | 0.00 | |||||
| 46 Mukand Limited | Niraj Bajaj | KMP | Remuneration | NIL | 57.35 | 4.31 | 3.83 | |||||
| 47 Mukand Limited | A.M.Kulkarni | KMP | Remuneration | NIL | 73.59 | 3.60 | 3.58 | |||||
| 48 Mukand Limited | Dhanesh K Goradia | KMP | Remuneration | NIL | 26.23 | 1.64 | 2.28 | |||||
| 49 Mukand Limited | Rajendra Sawant | KMP | Remuneration | NIL | 15.79 | 1.63 | 1.92 | |||||
| 50 Mukand Limited | Nirav Bajaj | Relative of Director | Remuneration | NIL | 15.01 | 1.41 | 1.69 | |||||
| 51 Mukand Limited | Prakash Mehta | Director | Any other transaction Sitting Fees | NIL | 7.50 | 0.00 | 0.00 | |||||
| 52 Mukand Limited | Bharti Gandhi | Director | Any other transaction Sitting Fees | NIL | 4.31 | 0.00 | 0.00 | |||||
| 53 Mukand Limited | Amit Yadav | Director | Any other transaction Sitting Fees | NIL | 5.76 | 0.00 | 0.00 | |||||
| 54 Mukand Limited | R Shankaran | Director | Any other transaction Sitting Fees | NIL | 7.50 | 0.00 | 0.00 | |||||
| Reduction in | ||||||||||||
| 55 Mukand Limited | Mukand International FZE | Subsiidary | Any other transaction | capital | NIL | 87.53 | 0.00 | 0.00 | ||||
| Purchase of goods or | ||||||||||||
| 56 Mukand Limited | MALVI RANCHODDAS & CO. | Relative of Director | services | NIL | 33.00 | 0.00 | 0.00 | |||||
| The Hindustan Housing Co. | Purchase of goods or | |||||||||||
| 57 Mukand Limited | Ltd. | Significant Influence | services | NIL | 13.75 | 0.00 | 0.00 | |||||
| Total value of transaction during the reporting period | 632635.846 |