General information
about company
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|
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Name of The Company |
PLATINUM INDUSTRIES LIMITED |
|
BSE Scrip Code |
544134 |
|
NSE Symbol |
PLATIND |
|
MSE Symbol |
NOTLISTED |
|
Date of Start of
Financial Year |
01-04-2023 |
|
Date of End of
Financial Year |
31-03-2024 |
|
Reporting Period |
Second half yearly |
|
Date of Start of
Reporting Period |
01-10-2023 |
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Date of End of
Reporting Period |
31-03-2024 |
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Level of rounding to
be used in disclosing related party transactions |
Millions |
|
Whether the company
has any related party? |
Yes |
|
Whether the company
has entered into any Related Party transaction
during the selected half year for which it wants to submit disclosure? |
Yes |
|
(I) We declare that the acceptance of fixed deposits by
the bans/Non-Banking Finance Company are at the terms uniformly
applicable/offered to all shareholders/public |
NA |
|
(II) We declare that the scheduled commercial bank, as per
RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional
interest of one per cent per annum, over and above the rate of interest
mentioned in the schedule of interest rates on savings or a term deposits of
bank’s staff and their exclusive associations as well as on deposits of
Chairman, Chairman & Managing Director, Executive Director or such other
Executives appointed for a fixed tenure. |
NA |
|
(III) Whether the company is a ‘high value debt listed
entity’ according to regulation 15 (1A)? |
No |
|
(a) If answer to above question is Yes, whether complying
with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the
day of results publication? |
|
|
(b) If
answer to above question is No, please explain the reason for not complying. |
Related party transactions
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Additional
disclosure of related party transactions - applicable only in case the
related party transaction relates to loans, inter-corporate 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. |
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Sr No. |
Details
of the party (listed entity /subsidiary) entering into
the transaction |
Details
of the counterparty |
Type of related party transaction |
Details of other related party
transaction |
Value of the related party
transaction as approved by the audit committee |
Remarks on approval by audit
committee |
Value of transaction during the
reporting period |
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 |
Notes |
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|
Name |
PAN |
Name |
PAN |
Relationship
of the counterparty with the listed entity or its subsidiary |
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) |
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|
1 |
Platinum Industries Limited |
AALCP2318Q |
Krishna Dushyant Rana |
AELPR5637P |
Managing Director |
Remuneration |
18 |
Approved |
9 |
0.95 |
0.92 |
Textual Information(1) |
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|
2 |
Platinum Industries Limited |
AALCP2318Q |
Krishna Dushyant Rana |
AELPR5637P |
Managing Director |
Any other transaction |
Rent Paid |
0.75 |
Approved |
0.75 |
0 |
0 |
Textual Information(2) |
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|
3 |
Platinum Industries Limited |
AALCP2318Q |
Krishna Dushyant Rana |
AELPR5637P |
Managing Director |
Any other transaction |
Rent Deposit |
0.45 |
Approved |
0.75 |
0 |
0 |
Textual Information(3) |
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|
4 |
Platinum Industries Limited |
AALCP2318Q |
Parul Krishna Rana |
AJOPP9120D |
Executive Director |
Remuneration |
16.5 |
Approved |
9 |
0.27 |
0.34 |
Textual Information(4) |
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|
5 |
Platinum Industries Limited |
AALCP2318Q |
Anup Singh |
ENKPS6603E |
Executive Director |
Remuneration |
1.95 |
Approved |
1.12 |
0.15 |
0.12 |
Textual Information(5) |
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|
6 |
Platinum Industries Limited |
AALCP2318Q |
Radhakrishnan Ramachandra
Iyer |
AABPR3245B |
Independent Director |
Any other transaction |
Sitting Fees |
0.83 |
Approved |
0.48 |
0 |
0 |
Textual Information(6) |
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|
7 |
Platinum Industries Limited |
AALCP2318Q |
Vijuy Ronjan |
ADDPR5287Q |
Independent Director |
Any other transaction |
Sitting Fees |
0.65 |
Approved |
0.4 |
0 |
0 |
Textual Information(7) |
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|
8 |
Platinum Industries Limited |
AALCP2318Q |
Samish Dalal |
ADYPD0759L |
Independent Director |
Any other transaction |
Sitting Fees |
0.4 |
Approved |
0.15 |
0.11 |
0 |
Textual Information(8) |
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9 |
Platinum Industries Limited |
AALCP2318Q |
Robin Banerjee |
AADPB5755E |
Independent Director |
Any other transaction |
Sitting Fees |
0.48 |
Approved |
0.48 |
0 |
0 |
Textual Information(9) |
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|
10 |
Platinum Industries Limited |
AALCP2318Q |
Krishnan Bhalaji |
BKHPB5120Q |
Chief Executive Officer |
Remuneration |
6.22 |
Approved |
3.21 |
0.36 |
0.23 |
Textual Information(10) |
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|
11 |
Platinum Industries Limited |
AALCP2318Q |
Narendrakumar Laxmanbhai
Raval |
AAJPR7976D |
Chief Financial Officer |
Remuneration |
1.96 |
Approved |
0.96 |
0.13 |
0.11 |
Textual Information(11) |
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|
12 |
Platinum Industries Limited |
AALCP2318Q |
Narendra Raval (HUF) |
AABHR7586M |
Entity under Control of KMP |
Any other transaction |
Rent Paid |
0.05 |
Approved |
0.05 |
0.06 |
0.03 |
Textual Information(12) |
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13 |
Platinum Industries Limited |
AALCP2318Q |
Narendra Raval (HUF) |
AABHR7586M |
Entity under Control of KMP |
Any other transaction |
Rent Deposit |
0.05 |
Approved |
0.05 |
0 |
0 |
Textual Information(13) |
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|
14 |
Platinum Industries Limited |
AALCP2318Q |
Bhagyashree Mallawat |
CJMPS2527R |
Company Secretary |
Remuneration |
0.76 |
Approved |
0.4 |
0 |
0 |
Textual Information(14) |
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|
15 |
Platinum Industries Limited |
AALCP2318Q |
Addplast Chemicals
LLC |
ZZZZZ9999Z |
Entity under Control of MD |
Sale of goods or services |
6.04 |
Approved |
1.32 |
0 |
1.66 |
Textual Information(15) |
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|
16 |
Platinum Industries Limited |
AALCP2318Q |
DBR Plastics Private Limited |
AAECD4376K |
Entity under Control of relative
of MD |
Inter-corporate deposit |
125.3 |
Approved |
59.6 |
59.6 |
0 |
Inter-corporate deposit |
0.1 |
Payable on Demand |
Unsecured |
Working Capital |
Textual Information(16) |
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|
17 |
Platinum Industries Limited |
AALCP2318Q |
DBR Plastics Private Limited |
AAECD4376K |
Entity under Control of relative
of MD |
Interest paid |
17.33 |
Approved |
1.25 |
16.08 |
0 |
Textual Information(17) |
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|
18 |
Platinum Industries Limited |
AALCP2318Q |
Rivaan Plastchem
Private Limited |
AAKCR8949J |
Entity under Control of relative
of MD |
Sale of goods or services |
1.5 |
Approved |
0 |
0 |
0 |
Textual Information(18) |
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|
19 |
Platinum Industries Limited |
AALCP2318Q |
Rivaan Plastchem
Private Limited |
AAKCR8949J |
Entity under Control of relative
of MD |
Purchase of goods or services |
4.9 |
Approved |
0 |
0 |
0 |
Textual Information(19) |
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|
20 |
Platinum Industries Limited |
AALCP2318Q |
Platinum Stabilizers Egypt
LLC |
ZZZZZ9999Z |
Subsidiary Company |
Investment |
12.93 |
Approved |
12.93 |
0 |
0 |
Investment |
0 |
NIL |
Secured |
Investment in one or more tranches
in Equity Shares of Subsidiary |
Textual Information(20) |
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|
21 |
Platinum Industries Limited |
AALCP2318Q |
Platinum Oleo Chemicals Pvt.
Ltd. |
AANCP1948E |
Subsidiary Company |
Any other transaction |
Reimbursement of Rent and Other
expenses |
4.01 |
Approved |
1.97 |
0.2 |
0 |
Textual Information(21) |
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|
22 |
Platinum Industries Limited |
AALCP2318Q |
Platinum Oleo Chemicals Pvt.
Ltd. |
AANCP1948E |
Subsidiary Company |
Any other transaction |
Reimbursement of Deposit |
1 |
Approved |
0 |
0 |
0 |
Textual Information(22) |
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|
23 |
Platinum Industries Limited |
AALCP2318Q |
Platinum Global Additives
Pvt. Ltd. |
AALCP1568Q |
Subsidiary Company |
Loan |
19.4 |
Approved |
19.4 |
0 |
0 |
Loan |
0 |
NIL |
Unsecured |
Loan Given for working Capital |
Textual Information(23) |
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|
24 |
Platinum Industries Limited |
AALCP2318Q |
Platinum Global Additives
Pvt. Ltd. |
AALCP1568Q |
Subsidiary Company |
Loan |
19.4 |
Approved |
19.4 |
0 |
0 |
Loan |
0 |
NIL |
Unsecured |
Loan Repaid |
Textual Information(24) |
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|
25 |
Platinum Industries Limited |
AALCP2318Q |
Platinum Global Additives
Pvt. Ltd. |
AALCP1568Q |
Subsidiary Company |
Sale of goods or services |
15.37 |
Approved |
-0.61 |
0 |
0 |
Textual Information(25) |
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26 |
Platinum Industries Limited |
AALCP2318Q |
Platinum Polymers &
Additives |
ABCFP0026E |
Associate Entity |
Sale of goods or services |
70.83 |
Approved |
28.05 |
0.32 |
0 |
Textual Information(26) |
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|
27 |
Platinum Industries Limited |
AALCP2318Q |
Platinum Polymers &
Additives |
ABCFP0026E |
Associate Entity |
Purchase of goods or services |
140.98 |
Approved |
88.2 |
10.71 |
0 |
Textual Information(27) |
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|
28 |
Platinum Industries Limited |
AALCP2318Q |
Platinum Polymers &
Additives |
ABCFP0026E |
Associate Entity |
Any other transaction |
Share of Profit/Loss |
-4.83 |
Approved |
-1.44 |
0 |
0 |
Textual Information(28) |
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|
29 |
Platinum Polymers &
Additives |
ABCFP0026E |
Addplast Chemicals
LLC |
ZZZZZ9999Z |
Entity under Control of MD |
Sale of goods or services |
2.48 |
Approved |
2.48 |
0 |
2.48 |
Textual Information(29) |
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|
30 |
Platinum Polymers &
Additives |
ABCFP0026E |
Rivaan Plastchem
Private Limited |
AAKCR8949J |
Entity under Control of relative
of MD |
Sale of goods or services |
6.14 |
Approved |
6.14 |
0 |
6.72 |
Textual Information(30) |
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31 |
Platinum Polymers &
Additives |
ABCFP0026E |
Rivaan Plastchem
Private Limited |
AAKCR8949J |
Entity under Control of relative
of MD |
Purchase of goods or services |
6.79 |
Approved |
5.74 |
0 |
0 |
Textual Information(31) |
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Total
value of transaction during the reporting period |
271.23 |
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