General information about company

Name of The CompanySHARDA MOTOR INDUSTRIES LIMITED
BSE Scrip Code535602
NSE SymbolSHARDAMOTR
MSE SymbolNOTLISTED
Date of Start of Financial Year01-04-2021
Date of End of Financial Year31-03-2022
Reporting PeriodFirst half yearly
Date of Start of Reporting Period01-04-2021
Date of End of Reporting Period30-09-2021
Level of rounding used in financial resultsLakhs
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?Yes



Related party transactions

A. Details of related party

Sr1234567891011121314151617
Name of the related partyExhaust Technology Private LimitedAjay RelanSharda RelanNitin VishnoiSrinivasan NarasimhanMala RelanVivek BhatiaAashim RelanIndira ChowdhryKishan Nagin ParikhAshok Kumar BhattacharyaSatinder Kumar LambahUdayan BanerjeeSarita DhuperSharda CSR Foundation TrustAashita RelanRelan Industrial Finance Limited
Categories of related partiesJoint ventures where entity is venturerKey management personnel of entity or parentPromotersKey management personnel of entity or parentKey management personnel of entity or parentPromoters GroupOther related partyPromoters GroupPromoters GroupOther related partyOther related partyOther related partyOther related partyOther related partyOther related partyOther related partyAssociates
description of relationshipJoint Venture CompanyManaging DirectorNon-Executive Director / Co-ChairpersonWhole time Director & Company SecretaryChief Financial Officer w.e.f. March 30, 2021Relative / Spouce of Managing Director (KMP)Chief Financial Officer upto March 30, 2021Relative / Son of Managing Director (KMP)Mother of Mala Relan / Promoter GoupNon-Executive Independent DirectorNon-Executive Independent DirectorNon-Executive Independent DirectorNon-Executive Independent DirectorNon-Executive Independent DirectorEnterprise in which, directors having substantial InterestRelative / Daughter of Managing Director (KMP)Associate Company
PAN of related partyAAFCE4217RAAEPR4256PAAKPR2245NAAYPV5238RADGPN4821PAAGPR9096PAADPB2204LAIBPA1875GAAFPC2366LABWPP6531AAPUPB7542RABDPL2191DAAHPB3641FAAIPD0761DAAQTS7967JAHBPR5634HAAACR3700R
CIN of related partyU29309DL2019PTC347616U65923DL1987PLC026603

B. Details of related party transactions

Purchase of goods and services93.36
Sale of goods and services3125.9
Purchase of fixed assets
Sale of fixed assets
Rendering of services
Receiving of services
Leases
Loans and advances given
Loans and advances taken
Loans and advances given that are repaid
Loans and advances taken that are repaid
Deposits placed
Deposits taken
Transfer of research & development
Transfers under lease agreement
Equity investment1000
Impairment in equity investment
Expense for bad or doubtful debts
Guarantees or collateral given
Guarantees or collateral taken
Interest income
Interest paid
Dividend income
Dividend paid456.8768.4940.046.972.47
Management contracts including for deputation of employees
Settlement of liabilities by entity on behalf of related party

Remuneration

Short term employee benefits323.550.7222.0539.117.6842.3672.3
Post employment benefits
Other long-term benefits
Termination benefits
Share based payments
Others0.81.9615.041.81.81.42.40.80.65

C. Outstanding balances

Receivables

Secured
Un Secured3110.49

Payables

Secured
Un Secured133.23110.19410.040.812.56

Loans and advances given

Secured
Un Secured

Loans and advances taken

Secured
Un Secured

Deposits placed

Secured
Un Secured

Deposits taken

Secured
Un Secured

Guarantees or collateral given

Secured
Un Secured

Guarantees or collateral taken

Secured
Un Secured

Investment in equity

Secured
Un Secured

Provision for doubtful debt

Secured
Un Secured

Note

The Amount provided in the Colum / Section "Short Tem Employee Benefit" is Remuneration paid to the Director.  
The amount of INR 0.80 Lacks as provided in the Column / Section of "Others" pertains to the "Sitting Fees" paid as Non-Executive Director (w.e.f 1-April-2021) for attending the Board & Committee Meetings based on the participation.
The Amount provided in the Colum / Section "Short Tem Employee Benefit" is Remuneration paid to the Director.
The Amount provided under the Colum / Section "Short Tem Employee Benefit" is Remuneration / Salary paid and amount provided under the Colum / Section "Others" pertains to the "Re-imbursement of Expenses".   
The Amount provided in the Colum / Section "Short Tem Employee Benefit" is Remuneration / Salary paid.  
The Amount provided in the Colum / Section "Short Tem Employee Benefit" is Remuneration / Salary paid and amount provided under the Colum / Section "Others" pertains to the "Re-imbursement of Expenses".   
The Amount provided in the Colum / Section "Short Tem Employee Benefit" is Remuneration / Salary paid.  
The amount of INR 1.80 Lacks as provided in the Column / Section of "Others" pertains to the "Sitting Fees" paid to Non-Executive Independent Director for attending the Board & Committee Meetings based on the participation.
The amount of INR 1.80 Lacks as provided in the Column / Section of "Others" pertains to the "Sitting Fees" paid to Non-Executive Independent Director for attending the Board & Committee Meetings based on the participation.
The amount of INR 1.40 Lacks as provided in the Column / Section of "Others" pertains to the "Sitting Fees" paid to Non-Executive Independent Director for attending the Board & Committee Meetings based on the participation.
The amount of INR 2.40 Lacks as provided in the Column / Section of "Others" pertains to the "Sitting Fees" paid to Non-Executive Independent Director for attending the Board & Committee Meetings based on the participation.
The amount of INR 0.80 Lacks as provided in the Column / Section of "Others" pertains to the "Sitting Fees" paid to Non-Executive Independent Director for attending the Board Meeting based on the participation.
The amount of INR 0.65 Lacks as provided in the Column / Section of "Others" pertains to the "Expenses / Donation" paid / made by the Company on / for CSR Actvities.