General information about company

Name of The CompanyVISHAL BEARINGS LIMITED
BSE Scrip Code539398
NSE Symbol
MSE Symbol
Date of Start of Financial Year01-04-2021
Date of End of Financial Year31-3-2022
Reporting PeriodSecond half yearly
Date of Start of Reporting Period01-10-2021
Date of End of Reporting Period31-03-2022
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?No



(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.






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)
1VISHAL BEARINGS LIMITEDAAACV7131LDILIPKUMAR GORDHANDAS CHANGELAACCPC2437MPromoterRemunerationNO13.51.6881.692Textual Information(1)
2VISHAL BEARINGS LIMITEDAAACV7131LDILIPKUMAR GORDHANDAS CHANGELAACCPC2437MPromoterLoanNO0147.62147.62Loan0.09NAUnsecured the Loan is brought in pursuance of the stipulation imposed by the lending Bank on the promoters and promoters group to contribute such FinanceTextual Information(2)
3VISHAL BEARINGS LIMITEDAAACV7131LDILIPKUMAR GORDHANDAS CHANGELAACCPC2437MPromoterInterest paidNO6.6250400Textual Information(3)
4VISHAL BEARINGS LIMITEDAAACV7131LHIRALAL GORDHANDAS CHANGELAACIPC8544RPromoterRemunerationNO13.51.691.69Textual Information(4)
5VISHAL BEARINGS LIMITEDAAACV7131LHIRALAL GORDHANDAS CHANGELAACIPC8544RPromoterLoanNO021.33821.338Loan0.09NAUnsecured the Loan is brought in pursuance of the stipulation imposed by the lending Bank on the promoters and promoters group to contribute such FinanceTextual Information(5)
6VISHAL BEARINGS LIMITEDAAACV7131LHIRALAL GORDHANDAS CHANGELAACIPC8544RPromoterInterest paidNO9.5759300Textual Information(6)
7VISHAL BEARINGS LIMITEDAAACV7131LVRAJLAL GORDHANDAS CHANGELAACIPC8543JPromoterRemunerationNO13.51.691.69Textual Information(7)
8VISHAL BEARINGS LIMITEDAAACV7131LVRAJLAL GORDHANDAS CHANGELAACIPC8543JPromoterLoanNO-5100.1429595.14296Loan0.09NAUnsecured the Loan is brought in pursuance of the stipulation imposed by the lending Bank on the promoters and promoters group to contribute such FinanceTextual Information(8)
9VISHAL BEARINGS LIMITEDAAACV7131LVRAJLAL GORDHANDAS CHANGELAACIPC8543JPromoterInterest paidNO4.3843600Textual Information(9)
10VISHAL BEARINGS LIMITEDAAACV7131LCHANGELA VISHAL VRAJLALAEZPC7438PRelative of PromoterLoanNO0100.01101100.01Loan0.09NAUnsecured the Loan is brought in pursuance of the stipulation imposed by the lending Bank on the promoters and promoters group to contribute such FinanceTextual Information(10)
11VISHAL BEARINGS LIMITEDAAACV7131LCHANGELA VISHAL VRAJLALAEZPC7438PRelative of PromoterInterest paidNO4.4881600Textual Information(11)
12VISHAL BEARINGS LIMITEDAAACV7131LDIVYESHKUMAR HIRALAL CHANGELAABJPC0166DRelative of PromoterLoanNO076.8360176.83601Loan0.09NAUnsecured the Loan is brought in pursuance of the stipulation imposed by the lending Bank on the promoters and promoters group to contribute such FinanceTextual Information(12)
13VISHAL BEARINGS LIMITEDAAACV7131LDIVYESHKUMAR HIRALAL CHANGELAABJPC0166DRelative of PromoterInterest paidNO3.4481500Textual Information(13)
14VISHAL BEARINGS LIMITEDAAACV7131LDarshit Dilipbhai ChangelaAHKPC7929DRelative of PromoterLoanNO-5143.42418138.42418Loan0.09NAUnsecured the Loan is brought in pursuance of the stipulation imposed by the lending Bank on the promoters and promoters group to contribute such FinanceTextual Information(14)
15VISHAL BEARINGS LIMITEDAAACV7131LDarshit Dilipbhai ChangelaAHKPC7929DRelative of PromoterInterest paidNO6.2120200Textual Information(15)
16VISHAL BEARINGS LIMITEDAAACV7131LVijaykumar V. ChangelaAEHPC4694KRelative of PromoterLoanNO5100.73234105.73234Loan0.09NAUnsecured the Loan is brought in pursuance of the stipulation imposed by the lending Bank on the promoters and promoters group to contribute such FinanceTextual Information(16)
17VISHAL BEARINGS LIMITEDAAACV7131LVijaykumar V. ChangelaAEHPC4694KRelative of PromoterInterest paidNO4.6302700Textual Information(17)
18VISHAL BEARINGS LIMITEDAAACV7131LGirishkumar G. ChangelaACCPC2438ERelative of PromoterLoanNO0156.20717156.20719Loan0.09NAUnsecured the Loan is brought in pursuance of the stipulation imposed by the lending Bank on the promoters and promoters group to contribute such FinanceTextual Information(18)
19VISHAL BEARINGS LIMITEDAAACV7131LGirishkumar G. ChangelaACCPC2438ERelative of PromoterInterest paidNO7.0100700Textual Information(19)
20VISHAL BEARINGS LIMITEDAAACV7131LHansaben Gopaldas DharsandiaACYPP7286RRelative of PromoterLoanNO043.9886843.98868Loan0.09NAUnsecured the Loan is brought in pursuance of the stipulation imposed by the lending Bank on the promoters and promoters group to contribute such FinanceTextual Information(20)
21VISHAL BEARINGS LIMITEDAAACV7131LHansaben Gopaldas DharsandiaACYPP7286RRelative of PromoterInterest paidNO1.9740700Textual Information(21)
22VISHAL BEARINGS LIMITEDAAACV7131LJayshreeben Hiralal ChangelaABJPC0060GRelative of PromoterLoanNO0146.54189146.54189Loan0.09NAUnsecured the Loan is brought in pursuance of the stipulation imposed by the lending Bank on the promoters and promoters group to contribute such FinanceTextual Information(22)
23VISHAL BEARINGS LIMITEDAAACV7131LJayshreeben Hiralal ChangelaABJPC0060GRelative of PromoterInterest paidNO6.5763200Textual Information(23)
24VISHAL BEARINGS LIMITEDAAACV7131LManjulaben Jayantilal MarvaniaADOPM4355KRelative of PromoterLoanNO023.2970923.29709Loan0.09NAUnsecured the Loan is brought in pursuance of the stipulation imposed by the lending Bank on the promoters and promoters group to contribute such FinanceTextual Information(24)
25VISHAL BEARINGS LIMITEDAAACV7131LManjulaben Jayantilal MarvaniaADOPM4355KRelative of PromoterInterest paidNO1.0454900Textual Information(25)
26VISHAL BEARINGS LIMITEDAAACV7131LJyotiben V. ChangelaABJPC0057DRelative of PromoterLoanNO089.0794989.07949Loan0.09NAUnsecured the Loan is brought in pursuance of the stipulation imposed by the lending Bank on the promoters and promoters group to contribute such FinanceTextual Information(26)
27VISHAL BEARINGS LIMITEDAAACV7131LJyotiben V. ChangelaABJPC0057DRelative of PromoterInterest paidNO3.9975900Textual Information(27)
28VISHAL BEARINGS LIMITEDAAACV7131LPriya Vijay ChangelaAMWPC7944DRelative of PromoterLoanNO095.9230595.92305Loan0.09NAUnsecured the Loan is brought in pursuance of the stipulation imposed by the lending Bank on the promoters and promoters group to contribute such FinanceTextual Information(28)
29VISHAL BEARINGS LIMITEDAAACV7131LPriya Vijay ChangelaAMWPC7944DRelative of PromoterInterest paidNO4.3041700Textual Information(29)
30VISHAL BEARINGS LIMITEDAAACV7131LPunarva Vishal ChangelaALCPJ4585ARelative of PromoterLoanNO095.938995.9389Loan0.09NAUnsecured the Loan is brought in pursuance of the stipulation imposed by the lending Bank on the promoters and promoters group to contribute such FinanceTextual Information(30)
31VISHAL BEARINGS LIMITEDAAACV7131LPunarva Vishal ChangelaALCPJ4585ARelative of PromoterInterest paidNO4.3054300Textual Information(31)
32VISHAL BEARINGS LIMITEDAAACV7131LRasilaben Dilipbhai ChangelaABJPC0059PRelative of PromoterLoanNO0140.93429140.93429Loan0.09NAUnsecured the Loan is brought in pursuance of the stipulation imposed by the lending Bank on the promoters and promoters group to contribute such FinanceTextual Information(32)
33VISHAL BEARINGS LIMITEDAAACV7131LRasilaben Dilipbhai ChangelaABJPC0059PRelative of PromoterInterest paidNO6.3246600Textual Information(33)
34VISHAL BEARINGS LIMITEDAAACV7131LRinkuben Divyeshbhai ChangelaACUPC6383QRelative of PromoterLoanNO089.9589.95Loan0.09NAUnsecured the Loan is brought in pursuance of the stipulation imposed by the lending Bank on the promoters and promoters group to contribute such FinanceTextual Information(34)
35VISHAL BEARINGS LIMITEDAAACV7131LRinkuben Divyeshbhai ChangelaACUPC6383QRelative of PromoterInterest paidNO4.0366600Textual Information(35)
36VISHAL BEARINGS LIMITEDAAACV7131LYesha Darshit ChangelaEMZPS9918ARelative of PromoterLoanNO5143.66425148.66426Loan0.09NAUnsecured the Loan is brought in pursuance of the stipulation imposed by the lending Bank on the promoters and promoters group to contribute such FinanceTextual Information(36)
37VISHAL BEARINGS LIMITEDAAACV7131LYesha Darshit ChangelaEMZPS9918ARelative of PromoterInterest paidNO6.6703300Textual Information(37)
38VISHAL BEARINGS LIMITEDAAACV7131LVirdeep Bearings Rollers LLPAAMFV5235GEntities owned/singificantly influenced by directors & their relativesAny other transactionJobwork ExpenseNO63.7342800Textual Information(38)
39VISHAL BEARINGS LIMITEDAAACV7131LVirdeep Bearings Rollers LLPAAMFV5235GEntities owned/singificantly influenced by directors & their relativesAny other transactionPurchaseNO5.9460900Textual Information(39)
40VISHAL BEARINGS LIMITEDAAACV7131LVirdeep Bearings Rollers LLPAAMFV5235GEntities owned/singificantly influenced by directors & their relativesAny other transactionRepairs & Maint. ExpensesNO4.425700Textual Information(40)
41VISHAL BEARINGS LIMITEDAAACV7131LVirdeep Bearings Rollers LLPAAMFV5235GEntities owned/singificantly influenced by directors & their relativesAny other transactionReceivables for SalesNO17.6310700Textual Information(41)
42VISHAL BEARINGS LIMITEDAAACV7131LVijay Petroleum Co.AACFV2693JEntities owned/singificantly influenced by directors & their relativesAny other transactionPayables for ExpensesNO0.163280.03080.04146Textual Information(42)
43VISHAL BEARINGS LIMITEDAAACV7131LNITESHKUMAR JAMNADAS PATELAQZPP7161NNon-Executive independent DirectorAny other transactionsitting feesNO0.0600Textual Information(43)
44VISHAL BEARINGS LIMITEDAAACV7131LKISHAN RAJESHKUMAR SUREJADCIPS8904JNon-Executive independent DirectorAny other transactionsitting feesNO0.0600Textual Information(44)
45VISHAL BEARINGS LIMITEDAAACV7131LAMEE KETANKUMAR DADHANIABBIPP8088BNon-Executive independent DirectorAny other transactionsitting feesNO0.0600Textual Information(45)
46VISHAL BEARINGS LIMITEDAAACV7131LKETANKUMAR VALLABHBHAI SAVALIYACWMPS9554DCompany SecretaryRemunerationNO2.400Textual Information(46)
Total value of transaction during the reporting period220.58914