General information about company

Name of The CompanySAL AUTOMOTIVE LIMITED
BSE Scrip Code539353
NSE SymbolNA
MSE SymbolNA
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 transactionsLakhs
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.Yes
(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 updated28-03-2022
Indicate Company website link for updated RPT policy of the Companyhttps://salautomotive.in/wp-content/uploads/2017/01/SAL-RPT-Policy-2022-final-V3.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)
1SAL AUTOMOTIVE LTDAABCP0383KB4S SOLUTIONS PVT.LTD.AABCP4705DHOLDINGPurchase of goods or services2200Manpower784.5365.484.14Textual Information(1)
2SAL AUTOMOTIVE LTDAABCP0383KINSULATION AND ELECTRICAL PRODUCT PVT.LTD.AAACI2423AASSOCIATEPurchase of goods or services1500Components372.3349.4924.51Textual Information(2)
3SAL AUTOMOTIVE LTDAABCP0383KSAB MOTORSAANCS1949LASSOCIATEPurchase of goods or services100Repair and Service of Passenger Vehicle0.9700.75Textual Information(3)
4SAL AUTOMOTIVE LTDAABCP0383KBHARDWAJ PACKING AND COMPONENTS PVT.LTDAACCB5775AASSOCIATEPurchase of goods or services500Packing Material20.692.537.98Textual Information(4)
5SAL AUTOMOTIVE LTDAABCP0383KSHRI RAMA KANT SHARMAAGQPS6784HKMPRemunerationRemuneration5400Textual Information(5)
6SAL AUTOMOTIVE LTDAABCP0383KSMT NAMRATA JAINAFQPJ0474CKMP(DIRECTOR)RemunerationRemuneration17.800Textual Information(6)
7SAL AUTOMOTIVE LTDAABCP0383KSHRI GAGAN KAUSHIKAMWPK7984RKMPRemunerationRemuneration8.7800Textual Information(7)
8SAL AUTOMOTIVE LTDAABCP0383KSHRI KULVINDER SINGHBKRPS5784BKMPRemunerationRemuneration20.6800Textual Information(8)
9SAL AUTOMOTIVE LTDAABCP0383KSHRI RAJIV SHARMAAAMPS3178FKMP(DIRECTOR)Any other transactionSitting FeeSitting Fee1.800Textual Information(9)
10SAL AUTOMOTIVE LTDAABCP0383KSHRI JAMIL AHMADABAPA2872PKMP(DIRECTOR)Any other transactionSitting FeeSitting Fee1.8800Textual Information(10)
11SAL AUTOMOTIVE LTDAABCP0383KSHRI KAILASH NATH AGGARWALAGXPA3219JKMP(INDEPENDENT DIRECTOR)Any other transactionSitting FeeSitting Fee2.6800Textual Information(11)
12SAL AUTOMOTIVE LTDAABCP0383KSHRI UTTAM SAHAYAGQPS8587GKMP(INDEPENDENT DIRECTOR)Any other transactionSitting FeeSitting Fee2.600Textual Information(12)
13SAL AUTOMOTIVE LTDAABCP0383KSHRI AAKASH BHARDWAJBIQPB6512HRELATIVE OF KMPRemunerationRemuneration42.3300Textual Information(13)
14SAL AUTOMOTIVE LTDAABCP0383KB4S SOLUTIONS PVT.LTD.AABCP4705DHOLDINGDividend paidDividend80.9300Textual Information(14)
Total value of transaction during the reporting period1412