General information about company

Name of The CompanyINDUCTO STEEL LIMITED
BSE Scrip Code532001
NSE Symbol
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.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.
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 updated05-09-2024
Indicate Company website link for updated RPT policy of the Companyhttps://www.hariyanagroup.com/investor-relations-inducto.html






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)
1INDUCTO STEEL LIMITEDAAACI1045EShree Balaji AssociatesACRFS3523REnterprises commonly controlled or influenced by major shareholders/directors/relative of directors the Company.Any other transactionShare Of Profit/(Loss) From Firms0Approved000Textual Information(1)
2INDUCTO STEEL LIMITEDAAACI1045ECalvin Divine Enterprises LLPAAKFC8568KEnterprises commonly controlled or influenced by major shareholders/directors/relative of directors the Company.Any other transactionShare Of Profit/(Loss) From Firms0Approved000Textual Information(2)
3INDUCTO STEEL LIMITEDAAACI1045ERajeev ReniwalADMPR3334DKey Management PersonnelLoan13.08Approved13.0800Textual Information(3)
4INDUCTO STEEL LIMITEDAAACI1045ERajeev ReniwalADMPR3334DKey Management PersonnelLoan13.08Approved13.0800Textual Information(4)
5INDUCTO STEEL LIMITEDAAACI1045EDilip KaushikAOCPK0805PKey Management PersonnelRemuneration4.33Approved4.3300Textual Information(5)
6INDUCTO STEEL LIMITEDAAACI1045EFulvanti JainBCXPJ1323FKey Management PersonnelRemuneration3Approved300Textual Information(6)
7INDUCTO STEEL LIMITEDAAACI1045EDilip KaushikAOCPK0805PKey Management PersonnelAdvance0.5Approved0.52.652.15Textual Information(7)
8INDUCTO STEEL LIMITEDAAACI1045EShree Balaji Associates- Current A/c ACRFS3523REnterprises commonly controlled or influenced by major shareholders/directors/relative of directors the Company.Any other transactionCapital Introduced2992Approved299200Textual Information(8)
9INDUCTO STEEL LIMITEDAAACI1045EShree Balaji Associates- Current A/c ACRFS3523REnterprises commonly controlled or influenced by major shareholders/directors/relative of directors the Company.Any other transactionCapital Withdrawn4519.5Approved4519.500Textual Information(9)
10INDUCTO STEEL LIMITEDAAACI1045ERSNM Enterprises (Nishant Rajeev Reniwal)BUNPR7780LRelative of Key Management PersonnelAny other transactionVessel Cutting Technical Service15Approved1500Textual Information(10)
Total value of transaction during the reporting period7560.49