General information about company

Name of The Company VISHAL BEARINGS LIMITED
BSE Scrip Code539398
NSE Symbol
MSE Symbol
Date of Start of Financial Year01-04-2022
Date of End of Financial Year31-3-2023
Reporting PeriodFirst half yearly
Date of Start of Reporting Period01-04-2022
Date of End of Reporting Period30-09-2022
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 CHANGELAACCPC2437MPromoterRemunerationNA10.141.691.69Textual Information(1)
2VISHAL BEARINGS LIMITEDAAACV7131LDILIPKUMAR GORDHANDAS CHANGELAACCPC2437MPromoterLoanNA0147.62147.62Loan0.09NAUnsecured 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 paidNA6.6600Textual Information(3)
4VISHAL BEARINGS LIMITEDAAACV7131LHIRALAL GORDHANDAS CHANGELAACIPC8544RPromoterRemunerationNA10.141.691.69Textual Information(4)
5VISHAL BEARINGS LIMITEDAAACV7131LHIRALAL GORDHANDAS CHANGELAACIPC8544RPromoterLoanNA0213.38213.38Loan0.09NAUnsecured 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 paidNA9.6200Textual Information(6)
7VISHAL BEARINGS LIMITEDAAACV7131LVRAJLAL GORDHANDAS CHANGELAACIPC8543JPromoterRemunerationNA10.141.691.69Textual Information(7)
8VISHAL BEARINGS LIMITEDAAACV7131LVRAJLAL GORDHANDAS CHANGELAACIPC8543JPromoterLoanNA095.1495.14Loan0.09NAUnsecured 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 paidNA4.4900Textual Information(9)
10VISHAL BEARINGS LIMITEDAAACV7131LCHANGELA VISHAL VRAJLALAEZPC7438PPromoter GroupLoanNA1.93100.0198.07Loan0.09NAUnsecured 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 VRAJLALAEZPC7438PPromoter GroupInterest paidNA4.4700Textual Information(11)
12VISHAL BEARINGS LIMITEDAAACV7131LDIVYESHKUMAR HIRALAL CHANGELAABJPC0166DPromoter GroupLoanNA076.8376.83Loan0.09NAUnsecured 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 CHANGELAABJPC0166DPromoter GroupInterest paidNA3.4600Textual Information(13)
14VISHAL BEARINGS LIMITEDAAACV7131LDarshit Dilipbhai ChangelaAHKPC7929DPromoter GroupLoanNA0138.42138.42Loan0.09NAUnsecured 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 ChangelaAHKPC7929DPromoter GroupInterest paidNA6.2300Textual Information(15)
16VISHAL BEARINGS LIMITEDAAACV7131LVijaykumar V. ChangelaAEHPC4694KPromoter GroupLoanNA20105.7385.73Loan0.09NAUnsecured 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. ChangelaAEHPC4694KPromoter GroupInterest paidNA4.7200Textual Information(17)
18VISHAL BEARINGS LIMITEDAAACV7131LGirishkumar G. ChangelaACCPC2438EPromoter GroupLoanNA0156.2156.2Loan0.09NAUnsecured 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. ChangelaACCPC2438EPromoter GroupInterest paidNA7.0400Textual Information(19)
20VISHAL BEARINGS LIMITEDAAACV7131LHansaben Gopaldas DharsandiaACYPP7286RPromoter GroupLoanNA043.9843.98Loan0.09NAUnsecured 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 DharsandiaACYPP7286RPromoter GroupInterest paidNA1.9800Textual Information(21)
22VISHAL BEARINGS LIMITEDAAACV7131LJayshreeben Hiralal ChangelaABJPC0060GPromoter GroupLoanNA0146.54146.54Loan0.09NAUnsecured 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 ChangelaABJPC0060GPromoter GroupInterest paidNA6.6100Textual Information(23)
24VISHAL BEARINGS LIMITEDAAACV7131LManjulaben Jayantilal MarvaniaADOPM4355KPromoter GroupLoanNA023.2923.29Loan0.09NAUnsecured 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 MarvaniaADOPM4355KPromoter GroupInterest paidNA1.0500Textual Information(25)
26VISHAL BEARINGS LIMITEDAAACV7131LJyotiben V. ChangelaABJPC0057DPromoter GroupLoanNA089.0789.07Loan0.09NAUnsecured 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. ChangelaABJPC0057DPromoter GroupInterest paidNA4.0100Textual Information(27)
28VISHAL BEARINGS LIMITEDAAACV7131LPriya Vijay ChangelaAMWPC7944DPromoter GroupLoanNA2095.92115.92Loan0.09NAUnsecured 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 ChangelaAMWPC7944DPromoter GroupInterest paidNA4.3700Textual Information(29)
30VISHAL BEARINGS LIMITEDAAACV7131LPunarva Vishal ChangelaALCPJ4585APromoter GroupLoanNA095.9395.93Loan0.09NAUnsecured 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 ChangelaALCPJ4585APromoter GroupInterest paidNA4.3700Textual Information(31)
32VISHAL BEARINGS LIMITEDAAACV7131LRasilaben Dilipbhai ChangelaABJPC0059PPromoter GroupLoanNA0140.93140.93Loan0.09NAUnsecured 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 ChangelaABJPC0059PPromoter GroupInterest paidNA6.3500Textual Information(33)
34VISHAL BEARINGS LIMITEDAAACV7131LRinkuben Divyeshbhai ChangelaACUPC6383QPromoter GroupLoanNA089.9489.94Loan0.09NAUnsecured 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 ChangelaACUPC6383QPromoter GroupInterest paidNA4.0500Textual Information(35)
36VISHAL BEARINGS LIMITEDAAACV7131LYesha Darshit ChangelaEMZPS9918APromoter GroupLoanNA0148.66148.66Loan0.09NAUnsecured 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 ChangelaEMZPS9918APromoter GroupInterest paidNA6.700Textual Information(37)
38VISHAL BEARINGS LIMITEDAAACV7131LNITESHKUMAR JAMNADAS PATELAQZPP7161NNon-Executive independent DirectorAny other transactionsitting feesNA0.0200Textual Information(38)
39VISHAL BEARINGS LIMITEDAAACV7131LKISHAN RAJESHKUMAR SUREJADCIPS8904JNon-Executive independent DirectorAny other transactionsitting feesNA0.0200Textual Information(39)
40VISHAL BEARINGS LIMITEDAAACV7131LAMEE KETANKUMAR DADHANIABBIPP8088BNon-Executive independent DirectorAny other transactionsitting feesNA0.0200Textual Information(40)
41VISHAL BEARINGS LIMITEDAAACV7131LKETANKUMAR VALLABHBHAI SAVALIYACWMPS9554DCompany SecretaryRemunerationNA2.590.40.5Textual Information(41)
42VISHAL BEARINGS LIMITEDAAACV7131LVirdeep Bearings Rollers LLPAAMFV5235GEntities owned/singificantly influenced by directors & their relativesAny other transactionLease Rent for Factory Building/ Machinery RentNA22.541.6916.14Textual Information(42)
43VISHAL BEARINGS LIMITEDAAACV7131LVirdeep Engineering Pvt LtdAAACV7113NEntities owned/singificantly influenced by directors & their relativesAny other transactionLease Rent for Factory BuildingNA908.37Textual Information(43)
44VISHAL BEARINGS LIMITEDAAACV7131LVijay PetroleumAACFV2693JEntities owned/singificantly influenced by directors & their relativesAny other transactionPayables for ExpensesNA0.10.041460.14Textual Information(44)
Total value of transaction during the reporting period192.78