General information about company

Name of The CompanyPLATINUM INDUSTRIES LIMITED
BSE Scrip Code544134
NSE SymbolPLATIND
MSE SymbolNOTLISTED
Date of Start of Financial Year01-04-2024
Date of End of Financial Year31-03-2025
Reporting PeriodFirst half yearly
Date of Start of Reporting Period01-04-2024
Date of End of Reporting Period30-09-2024
Level of rounding to be used in disclosing related party transactionsMillions
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/publicNA
(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.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?Yes
Latest Date on which RPT policy is updated12-06-2023
Indicate Company website link for updated RPT policy of the Companyhttps://platinumindustriesltd.com/wp-content/uploads/2023/06/Policy-on-Dealing-with-RPT.pdf






Related party transactions

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.
Sr No.Details of the party (listed entity /subsidiary) entering into the transactionDetails of the counterpartyType of related party transactionDetails of other related party transactionValue of the related party transaction as approved by the audit committeeRemarks on approval by audit committeeValue of transaction during the reporting periodIn case monies are due to either party as a result of the transactionIn case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investmentsDetails of the loans, inter-corporate deposits, advances or investmentsNotes
NamePANNamePANRelationship of the counterparty with the listed entity or its subsidiaryOpening balanceClosing balanceNature of indebtedness (loan/ issuance of debt/ any other etc.)Details of other indebtednessCostTenureNature (loan/ advance/ intercorporate deposit/ investment )Interest Rate (%)TenureSecured/ unsecuredPurpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1Platinum Industries LimitedAALCP2318QKrishna Dushyant RanaAELPR5637PManaging DirectorRemuneration18Approved90.920Textual Information(1)
2Platinum Industries LimitedAALCP2318QKrishna Dushyant RanaAELPR5637PManaging DirectorAny other transactionRent Paid9Approved3.6800Textual Information(2)
3Platinum Industries LimitedAALCP2318QKrishna Dushyant RanaAELPR5637PManaging DirectorAny other transactionRent Deposit2.78Approved2.7800Textual Information(3)
4Platinum Industries LimitedAALCP2318QParul Krishna RanaAJOPP9120DExecutive DirectorRemuneration18Approved90.340Textual Information(4)
5Platinum Industries LimitedAALCP2318QAnup SinghENKPS6603EExecutive DirectorRemuneration4.8Approved2.10.120Textual Information(5)
6Platinum Industries LimitedAALCP2318QRadhakrishnan Ramachandra Iyer AABPR3245BIndependent DirectorAny other transactionSitting Fees0.6Approved0.200Textual Information(6)
7Platinum Industries LimitedAALCP2318QVijuy RonjanADDPR5287QIndependent DirectorAny other transactionSitting Fees0.6Approved0.200Textual Information(7)
8Platinum Industries LimitedAALCP2318QSamish Dalal ADYPD0759LIndependent DirectorAny other transactionSitting Fees0.6Approved0.1800Textual Information(8)
9Platinum Industries LimitedAALCP2318QRobin Banerjee AADPB5755EIndependent DirectorAny other transactionSitting Fees0.6Approved0.1500Textual Information(9)
10Platinum Industries LimitedAALCP2318QKrishnan BhalajiBKHPB5120QChief Executive OfficerRemuneration9.3Approved3.850.230Textual Information(10)
11Platinum Industries LimitedAALCP2318QNarendrakumar Laxmanbhai RavalAAJPR7976DChief Financial OfficerRemuneration3.36Approved1.010.110Textual Information(11)
12Platinum Industries LimitedAALCP2318QNarendrakumar Laxmanbhai RavalAAJPR7976DConsultantAny other transactionProfessional Fees2.24Approved0.4700Textual Information(12)
13Platinum Industries LimitedAALCP2318QNarendra Raval (HUF)AABHR7586MChief Financial OfficerAny other transactionRent Paid0.12Approved0.060.030Textual Information(13)
14Platinum Industries LimitedAALCP2318QGyandeep MittalAIUPM6144KChief Financial OfficerRemuneration5.68Approved100Textual Information(14)
15Platinum Industries LimitedAALCP2318QBhagyashree MallawatCJMPS2527RCompany SecretaryRemuneration0.15Approved0.6100Textual Information(15)
16Platinum Industries LimitedAALCP2318QPlatinum Stabilizers Egypt LLCZZZZZ9999ZSubsidiary CompanyInvestment400Approved58.7400Investment 00SecuredInvestment made for establishment of Manufacturing UnitTextual Information(16)
17Platinum Industries LimitedAALCP2318QPlatinum Stabilizers Egypt LLCZZZZZ9999ZSubsidiary CompanyLoan26.87Approved26.87026.87Loan0.125 yearsUnsecured Loan given for establishment of Manufacturing UnitTextual Information(17)
18Platinum Industries LimitedAALCP2318QPlatinum Oleo Chemicals Pvt. Ltd. AANCP1948ESubsidiary CompanyAny other transactionReimbursement of Rent and Other expenses 5Approved2.100Textual Information(18)
19Platinum Industries LimitedAALCP2318QPlatinum Polymers & Additives ABCFP0026EAssociate EntitySale of goods or services50Approved1.0500Textual Information(19)
20Platinum Industries LimitedAALCP2318QPlatinum Polymers & Additives ABCFP0026EAssociate EntityPurchase of goods or services200Approved12.8900Textual Information(20)
21Platinum Industries LimitedAALCP2318QPlatinum Polymers & Additives ABCFP0026EAssociate EntityAny other transactionShare of Profit/Loss0NA6.7400Textual Information(21)
22Platinum Industries LimitedAALCP2318QAddplast Chemicals LLC ZZZZZ9999ZEntity under Control of MDSale of goods or services20Approved01.660.7Textual Information(22)
23Platinum Polymers & AdditivesABCFP0026EAshok Kumar JainAACPJ7082PRelative of Partner of Associate EntityLoan50Approved04040Loan0.125 yearsUnsecured Loan taken for Working Capital purposeTextual Information(23)
24Platinum Polymers & AdditivesABCFP0026EAshok Kumar JainAACPJ7082PRelative of Partner of Associate EntityInterest paid6Approved2.613.426.04Textual Information(24)
25Platinum Polymers & AdditivesABCFP0026EMisal Pravin JainBAMPJ3232QPartner of Associate EntityLoan50Approved1000Loan0.125 yearsUnsecured Loan taken for Working Capital purposeTextual Information(25)
26Platinum Polymers & AdditivesABCFP0026EMisal Pravin JainBAMPJ3232QPartner of Associate EntityInterest paid6Approved0.4600Textual Information(26)
27Platinum Polymers & AdditivesABCFP0026EManila JainAKYPM7818APartner of Associate EntityLoan50Approved101020Loan0.125 years Unsecured Loan taken for Working Capital purposeTextual Information(27)
28Platinum Polymers & AdditivesABCFP0026EManila JainAKYPM7818APartner of Associate EntityInterest paid6Approved1.090.391.48Textual Information(28)
29Platinum Polymers & AdditivesABCFP0026EBela R JainAGXPJ8879PPartner of Associate EntityLoan50Approved101020Loan0.125 yearsUnsecured Loan taken for Working Capital purposeTextual Information(29)
30Platinum Polymers & AdditivesABCFP0026EBela R JainAGXPJ8879PPartner of Associate EntityInterest paid6Approved1.090.391.48Textual Information(30)
31Platinum Polymers & AdditivesABCFP0026ERivaan Plastchem LLPABIFR9409BEntity under Control of relative of MD of Listed entitySale of goods or services10Approved3.226.720Textual Information(31)
32Platinum Polymers & AdditivesABCFP0026EAddplast Chemicals LLC ZZZZZ9999ZEntity under Control of MD of listed entitySale of goods or services10Approved2.792.52.81Textual Information(32)
33Platinum Polymers & AdditivesABCFP0026ENeon Laboratories LimitedAAACN1299DEntity under control of Partner of Associate entity.Any other transactionRent Paid10Approved3.242.261.78Textual Information(33)
Total value of transaction during the reporting period187.18