General information about company

Name of The CompanyVISHAL BEARINGS LIMITED
BSE Scrip Code539398
NSE Symbol
MSE Symbol
Date of Start of Financial Year01-04-2023
Date of End of Financial Year31-03-2024
Reporting PeriodSecond half yearly
Date of Start of Reporting Period01-10-2023
Date of End of Reporting Period31-03-2024
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?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 CHANGELAACCPC2437MMD/PROMOTERRemunerationNA1800000218000218000Textual Information(1)
2VISHAL BEARINGS LIMITEDAAACV7131LDILIPKUMAR GORDHANDAS CHANGELAACCPC2437MPROMOTERLoanNA147627421476274214762742Loan0.00045NAUnsecured 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 paidNA44288200Textual Information(3)
4VISHAL BEARINGS LIMITEDAAACV7131LHIRALAL GORDHANDAS CHANGELAACIPC8544RPROMOTERLoanNA233382942333829423338294Loan0.0005NAUnsecured 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(4)
5VISHAL BEARINGS LIMITEDAAACV7131LHIRALAL GORDHANDAS CHANGELAACIPC8544RPROMOTERInterest paidNA70014900Textual Information(5)
6VISHAL BEARINGS LIMITEDAAACV7131LVRAJLAL GORDHANDAS CHANGELAACIPC8543JPROMOTERLoanNA105142951051429510514295Loan0.0005NAUnsecured 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(6)
7VISHAL BEARINGS LIMITEDAAACV7131LVRAJLAL GORDHANDAS CHANGELAACIPC8543JPROMOTERInterest paidNA31542900Textual Information(7)
8VISHAL BEARINGS LIMITEDAAACV7131LDIVYESHKUMAR HIRALAL CHANGELAABJPC0166DDIRECTOR/PROMOTER GROUPRemunerationNA18824671868003042678Textual Information(8)
9VISHAL BEARINGS LIMITEDAAACV7131LDIVYESHKUMAR HIRALAL CHANGELAABJPC0166DDIRECTOR/PROMOTER GROUPLoanNA972080197208019720801Loan0.0005NAUnsecured 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(9)
10VISHAL BEARINGS LIMITEDAAACV7131LDIVYESHKUMAR HIRALAL CHANGELAABJPC0166DDIRECTOR/PROMOTER GROUPInterest paidNA29162400Textual Information(10)
11VISHAL BEARINGS LIMITEDAAACV7131LVIJAYKUMAR CHANGELAAEHPC4694KDIRECTOR/PROMOTER GROUPRemunerationNA18824671868003042678Textual Information(11)
12VISHAL BEARINGS LIMITEDAAACV7131LVIJAYKUMAR CHANGELAAEHPC4694KDIRECTOR/PROMOTER GROUPLoanNA780053578005357800535Loan0.0005NAUnsecured 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 LIMITEDAAACV7131LVIJAYKUMAR CHANGELAAEHPC4694KDIRECTOR/PROMOTER GROUPInterest paidNA23401600Textual Information(13)
14VISHAL BEARINGS LIMITEDAAACV7131LCHANGELA VISHAL VRAJLALAEZPC7438PPROMOTER GROUPLoanNA910520391052039105203Loan0.0005NAUnsecured 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 LIMITEDAAACV7131LCHANGELA VISHAL VRAJLALAEZPC7438PPROMOTER GROUPInterest paidNA27315600Textual Information(15)
16VISHAL BEARINGS LIMITEDAAACV7131LCHANGELA VISHAL VRAJLALAEZPC7438PPROMOTER GROUPRemunerationNA2097812186800404227Textual Information(16)
17VISHAL BEARINGS LIMITEDAAACV7131LDARSHIT DILIPBHAI CHANGELAAHKPC7929DPROMOTER GROUPLoanNA125949191259491912594919Loan0.0005NAUnsecured 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(17)
18VISHAL BEARINGS LIMITEDAAACV7131LDARSHIT DILIPBHAI CHANGELAAHKPC7929DPROMOTER GROUPInterest paidNA37784700Textual Information(18)
19VISHAL BEARINGS LIMITEDAAACV7131LGIRISHKUMAR CHANGELAACCPC2438EPROMOTER GROUPLoanNA142105141421051414210514Loan0.0005NaUnsecured 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(19)
20VISHAL BEARINGS LIMITEDAAACV7131LGIRISHKUMAR CHANGELAACCPC2438EPROMOTER GROUPInterest paidNA42631600Textual Information(20)
21VISHAL BEARINGS LIMITEDAAACV7131LHansaben Gopaldas DharsandiaACYPP7286RPROMOTER GROUPLoanNA400136840013680Loan0.0005NAUnsecured 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(21)
22VISHAL BEARINGS LIMITEDAAACV7131LHansaben Gopaldas DharsandiaACYPP7286RPROMOTER GROUPInterest paidNA9019500Textual Information(22)
23VISHAL BEARINGS LIMITEDAAACV7131LJayshreeben H. ChangelaABJPC0060GPROMOTER GROUPLoanNA133335911333359113333591Loan0.0005NaUnsecured 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(23)
24VISHAL BEARINGS LIMITEDAAACV7131LJayshreeben H. ChangelaABJPC0060GPROMOTER GROUPInterest paidNA40000800Textual Information(24)
25VISHAL BEARINGS LIMITEDAAACV7131LManjulaben Jayantilal MarvaniaADOPM4355KPROMOTER GROUPLoanNA211971021197100Loan0.0005NAUnsecured 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(25)
26VISHAL BEARINGS LIMITEDAAACV7131LManjulaben Jayantilal MarvaniaADOPM4355KPROMOTER GROUPInterest paidNA4778000Textual Information(26)
27VISHAL BEARINGS LIMITEDAAACV7131LJyotiben V. ChangelaABJPC0057DPROMOTER GROUPLoanNA810514481051448105144Loan0.0005NaUnsecured 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(27)
28VISHAL BEARINGS LIMITEDAAACV7131LJyotiben V. ChangelaABJPC0057DPROMOTER GROUPInterest paidNA24315500Textual Information(28)
29VISHAL BEARINGS LIMITEDAAACV7131LPriya Vijay ChangelaAMWPC7944DPROMOTER GROUPLoanNA105476031054760310547603Loan0.0005NaUnsecured 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(29)
30VISHAL BEARINGS LIMITEDAAACV7131LPriya Vijay ChangelaAMWPC7944DPROMOTER GROUPInterest paidNA31642800Textual Information(30)
31VISHAL BEARINGS LIMITEDAAACV7131LPunarva Vishal ChangelaALCPJ4585APROMOTER GROUPLoanNA872378887237888723788Loan0.0005NaUnsecured 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(31)
32VISHAL BEARINGS LIMITEDAAACV7131LPunarva Vishal ChangelaALCPJ4585APROMOTER GROUPInterest paidNA26171400Textual Information(32)
33VISHAL BEARINGS LIMITEDAAACV7131LRasilaben D. ChangelaABJPC0059PPROMOTER GROUPLoanNA128154261281542612815426Loan0.0005NaUnsecured 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(33)
34VISHAL BEARINGS LIMITEDAAACV7131LRasilaben D. ChangelaABJPC0059PPROMOTER GROUPInterest paidNA38446300Textual Information(34)
35VISHAL BEARINGS LIMITEDAAACV7131LRinkuben Divyeshbhai ChangelaACUPC6383QPROMOTER GROUPLoanNA109139991091399910913999Loan0.0005NAUnsecured 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(35)
36VISHAL BEARINGS LIMITEDAAACV7131LRinkuben Divyeshbhai ChangelaACUPC6383QPROMOTER GROUPInterest paidNA32742000Textual Information(36)
37VISHAL BEARINGS LIMITEDAAACV7131LYesha Darshit ChangelaEMZPS9918APROMOTER GROUPLoanNA135266291352662913526629Loan0.0005NAUnsecured 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(37)
38VISHAL BEARINGS LIMITEDAAACV7131LYesha Darshit ChangelaEMZPS9918APROMOTER GROUPInterest paidNA40579900Textual Information(38)
39VISHAL BEARINGS LIMITEDAAACV7131LKetankumar SavaliyaCWMPS9554DCompany SecretaryRemunerationNA2880004600046000Textual Information(39)
40VISHAL BEARINGS LIMITEDAAACV7131LAmee K DadhaniaBBIPP8088BNon-Executive independent DirectorAny other transactionsitting feesNA600090003000Textual Information(40)
41VISHAL BEARINGS LIMITEDAAACV7131L Abhishek BardiaBFVPB4772BNon-Executive independent DirectorAny other transactionsitting feesNA600060003000Textual Information(41)
42VISHAL BEARINGS LIMITEDAAACV7131LAmitbhai NindrodaAFOPN1096ANon-Executive independent DirectorAny other transactionsitting feesNA600090003000Textual Information(42)
43VISHAL BEARINGS LIMITEDAAACV7131LVirdeep Bearings Rollers LLPAAMFV5235GEntities owned/singificantly influenced by directors & their relativesAny other transactionLease Rent for Factory Building/ Machinery RentNA2250000425800.785377045Textual Information(43)
44VISHAL BEARINGS LIMITEDAAACV7131LVirdeep Engineering Pvt LtdAAACV7113NEntities owned/singificantly influenced by directors & their relativesAny other transactionLease Rent for Factory BuildingNA900000135000135000Textual Information(44)
45VISHAL BEARINGS LIMITEDAAACV7131LVijay PetroleumAACFV2693JEntities owned/singificantly influenced by directors & their relativesAny other transactionPayables for ExpensesNA243231260413243Textual Information(45)
Total value of transaction during the reporting period202816011