General information about company

Name of The CompanyExcel Industries Limited
BSE Scrip Code500650
NSE SymbolEXCELINDUS
MSE SymbolNOTLISTED
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 updated11-02-2022
Indicate Company website link for updated RPT policy of the Companyhttps://excelind.co.in/wp-content/uploads/2022/08/Related-Party-Transaction-Policy.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)
1Excel Industries LimitedAAACE2488FTML Industries LimitedAABCT0793KEnterprises owned or significantly influenced by key management personnel or their relativesPurchase of goods or servicesApproved0-0.220Textual Information(1)
2Excel Industries LimitedAAACE2488FTML Industries LimitedAABCT0793KEnterprises owned or significantly influenced by key management personnel or their relativesAny other transactionRent PaidApproved2.0300Textual Information(2)
3Excel Industries LimitedAAACE2488FSilox India Private LimitedAAACT3739JEnterprises owned or significantly influenced by key management personnel or their relativesDividend receivedApproved694.800Textual Information(3)
4Excel Industries LimitedAAACE2488FShrujan CreationsAAJTS2151DEnterprises owned or significantly influenced by key management personnel or their relativesPurchase of goods or servicesApproved1.0100.03Textual Information(4)
5Excel Industries LimitedAAACE2488FShroff Family Charitable TrustAAATS1379JEnterprises owned or significantly influenced by key management personnel or their relativesSale of goods or servicesApproved2.2210Textual Information(5)
6Excel Industries LimitedAAACE2488FShree Vivekanand Research and Training InstituteAABTS0381BEnterprises owned or significantly influenced by key management personnel or their relativesAny other transactionCSRApproved750.580Textual Information(6)
7Excel Industries LimitedAAACE2488FFirst Energy 7 Private Limited AAFCF4044DAssociate of Excel Industries LimitedPurchase of goods or servicesApproved151.5300Textual Information(7)
8Excel Industries LimitedAAACE2488FPreeti D ShroffAAPPS1759KPromoterSale of goods or servicesApproved0.1900Textual Information(8)
9Excel Industries LimitedAAACE2488FMr. S. S. VaidyaAAAPV3513DIndependent DirectorAny other transactionCommissionApproved1.5-2.40Textual Information(9)
10Excel Industries LimitedAAACE2488FMr. S. S. VaidyaAAAPV3513DIndependent DirectorAny other transactionDirector's Sitting FeesApproved1.500Textual Information(10)
11Excel Industries LimitedAAACE2488FMr. Ravi A. ShroffAAZPS0268DManaging DirectorAny other transactionSalary, Bonus & contribution to PF & CommissionApproved280.96-38.69-169.24Textual Information(11)
12Excel Industries LimitedAAACE2488FMr. R. N. BhogaleAALPB0836GIndependent DirectorAny other transactionCommissionApproved2.5-3.670Textual Information(12)
13Excel Industries LimitedAAACE2488FMr. R. N. BhogaleAALPB0836GIndependent DirectorAny other transactionDirector's Sitting FeesApproved4.200Textual Information(13)
14Excel Industries LimitedAAACE2488FMr. R. M. PandiaAAEPP3004DIndependent DirectorAny other transactionCommissionApproved2.5-4.120Textual Information(14)
15Excel Industries LimitedAAACE2488FMr. R. M. PandiaAAEPP3004DIndependent DirectorAny other transactionDirector's Sitting FeesApproved3.600Textual Information(15)
16Excel Industries LimitedAAACE2488FMr. P. S. JhaveriAAAPJ7656BIndependent DirectorAny other transactionCommissionApproved2.5-2.50Textual Information(16)
17Excel Industries LimitedAAACE2488FMr. P. S. JhaveriAAAPJ7656BIndependent DirectorAny other transactionDirector's Sitting FeesApproved3.900Textual Information(17)
18Excel Industries LimitedAAACE2488FMr. M. B. ParekhAADPP2343QIndependent DirectorAny other transactionCommissionApproved1.5-1.950Textual Information(18)
19Excel Industries LimitedAAACE2488FMr. M. B. ParekhAADPP2343QIndependent DirectorAny other transactionDirector's Sitting FeesApproved1.800Textual Information(19)
20Excel Industries LimitedAAACE2488FMr. Hrishit A. ShroffAJGPS8707HExecutive DirectorAny other transactionReimbursement of ExpensesApproved7.5500Textual Information(20)
21Excel Industries LimitedAAACE2488FMr. Hrishit A. ShroffAJGPS8707HExecutive DirectorAny other transactionSalary, Bonus & contribution to PF & CommissionApproved231.96-24.34-167.71Textual Information(21)
22Excel Industries LimitedAAACE2488FMr. H. N. MotiwalaAFAPM1447AIndependent DirectorAny other transactionCommissionApproved2.5-3.850Textual Information(22)
23Excel Industries LimitedAAACE2488FMr. H. N. MotiwalaAFAPM1447AIndependent DirectorAny other transactionDirector's Sitting FeesApproved5.400Textual Information(23)
24Excel Industries LimitedAAACE2488FMr. Dipesh K. ShroffAJMPS3622DNon Executive Non Independent DrectorAny other transactionCommissionApproved0-0.450Textual Information(24)
25Excel Industries LimitedAAACE2488FMr. Dipesh K. ShroffAJMPS3622DNon Executive Non Independent DrectorAny other transactionDirector's Sitting FeesApproved1.200Textual Information(25)
26Excel Industries LimitedAAACE2488FMr. Dinesh BhagatAAHPB5641HNominee DirectorAny other transactionCommissionApproved1.5-1.950Textual Information(26)
27Excel Industries LimitedAAACE2488FMr. Dinesh BhagatAAHPB5641HNominee DirectorAny other transactionDirector's Sitting FeesApproved1.500Textual Information(27)
28Excel Industries LimitedAAACE2488FMr. Atul G. ShroffAACPS7330RNon Executive Non Independent DrectorAny other transactionCommissionApproved0-0.450Textual Information(28)
29Excel Industries LimitedAAACE2488FMr. Atul G. ShroffAACPS7330RNon Executive Non Independent DrectorAny other transactionDirector's Sitting FeesApproved100Textual Information(29)
30Excel Industries LimitedAAACE2488FMr. Ashwin C. Shroff ALNPS6493HExecutive ChairmanAny other transactionSalary, Bonus & contribution to PF & CommissionApproved212.99-18.8-106.18Textual Information(30)
31Excel Industries LimitedAAACE2488FClimacrew Private LimitedAAKCC0259JEnterprises owned or significantly influenced by key management personnel or their relativesSale of goods or servicesApproved2.2200Textual Information(31)
32Excel Industries LimitedAAACE2488FPIDILITE INDUSTRIES LTD.AAACP4156BRelated to a Director of EILSale of goods or servicesApproved1.3300Textual Information(32)
33Excel Industries LimitedAAACE2488FTranspek Industry LimitedAAACT8639BEnterprises owned or significantly influenced by key management personnel or their relativesSale of goods or servicesApproved0.100Textual Information(33)
34Excel Industries LimitedAAACE2488FLIVING & LEARNING DESIGN CENTRE AABTS0734NRelated to a Director of EILSale of goods or servicesApproved0.0300Textual Information(34)
35Excel Industries LimitedAAACE2488FMobitrash Recycle Ventures Private Limited AAJCM9662JAssociate CompanySale of goods or servicesApproved0.200Textual Information(35)
36Excel Industries LimitedAAACE2488FMobitrash Recycle Ventures Private Limited AAJCM9662JAssociate CompanyAny other transactionReimbursement of Expense fromApproved35.592.220Textual Information(36)
37Excel Industries LimitedAAACE2488FIndian Centre for Climate and Societal Impact ResearchAABCI9629QEnterprises owned or significantly influenced by key management personnel or their relativesAny other transactionDonationApproved1000Textual Information(37)
38Excel Industries LimitedAAACE2488FExcel Rajkot C&D Waste Recycling Private LimitedAAHCE6325QSubsidiary Sale of fixed assetsApproved023.9823.98Textual Information(38)
39Excel Industries LimitedAAACE2488FExcel Industries Limited, Employees Group Gratuity FundAAATE3548DEnterprises owned or significantly influenced by key management personnel or their relativesAny other transactionContribution to FundApproved18.4200Textual Information(39)
40Excel Industries LimitedAAACE2488FExcel Bio Resources LimitedAABCE9342DSubsidiary Any other transactionReimbursement of expense fromApproved0.1300Textual Information(40)
41Excel Industries LimitedAAACE2488FDr. Meena GalliaraABNPG9631PIndependent DirectorAny other transactionCommissionApproved1.5-2.670Textual Information(41)
42Excel Industries LimitedAAACE2488FDr. Meena GalliaraABNPG9631PIndependent DirectorAny other transactionDirector's Sitting FeesApproved1.800Textual Information(42)
43Excel Industries LimitedAAACE2488FDivakar Techno Specialities & Chemicals Private LimitedAAACD5744PEnterprises owned or significantly influenced by key management personnel or their relativesAny other transactionSale CommissionApproved10.4600Textual Information(43)
44Excel Industries LimitedAAACE2488FExcel Bio Resources LimitedAABCE9342DSubsidiary Purchase of goods or servicesApproved36.25011.24Textual Information(44)
45Excel Industries LimitedAAACE2488FChromosome Labs Private LimitedAAJCC9824EEnterprises owned or significantly influenced by key management personnel or their relativesPurchase of goods or servicesApproved2.1800Textual Information(45)
46Excel Industries LimitedAAACE2488FAnshul Specialty Molecules Private LimitedAABCA4003HParent EntitySale of goods or servicesApproved30.455.080Textual Information(46)
47Excel Industries LimitedAAACE2488FAnshul Life SciencesAAEFA5660JEnterprises owned or significantly influenced by key management personnel or their relativesPurchase of goods or servicesApproved14.0500Textual Information(47)
48Excel Industries LimitedAAACE2488FAgrocel Industries Private LimitedAACCA7205JEnterprises owned or significantly influenced by key management personnel or their relativesSale of goods or servicesApproved0.5711.11.32Textual Information(48)
49Excel Bio Resources LimitedAABCE9342DTML Industries LimitedAABCT0793KEnterprises owned or significantly influenced by key management personnel or their relativesInter-corporate depositApproved03030Inter-corporate deposit0.131 yearUnsecured Working Capital purposesTextual Information(49)
50Excel Bio Resources LimitedAABCE9342DTML Industries LimitedAABCT0793KEnterprises owned or significantly influenced by key management personnel or their relativesInterest receivedApproved1.962.631.76Textual Information(50)
51Excel Rajkot C&D Waste Recycling Private LimitedAAHCE6325QKamaljyot Investments LimitedAAACK3258KFellow subsidiary companyAny other transactionRepayment of BorrowingApproved193.46193.460Textual Information(51)
52Excel Industries LimitedAAHCE6325QExcel Rajkot C&D Waste Recycling Private LimitedAAACE2488FSubsidiary Any other transactionSubscription money for Preference SharesApproved3100310Investment 0Redemption after 5 years or anytime before at the option of Issuer or HolderUnsecured Repayment of loan, capital expenditure and general corporate purposesTextual Information(52)
53Kamaljyot Investments LimitedAAACK3258KTML Industries LimitedAABCT0793KEnterprises owned or significantly influenced by key management personnel or their relativesInterest receivedApproved4.217.563.79Textual Information(53)
54Kamaljyot Investments LimitedAAACK3258KTML Industries LimitedAABCT0793KEnterprises owned or significantly influenced by key management personnel or their relativesInter-corporate depositApproved0.127070Inter-corporate deposit0.121 yearUnsecured Working capital purposeTextual Information(54)
55Kamaljyot Investments LimitedAAACK3258KExcel Rajkot C&D Waste Recycling Private LimitedAAHCE6325QSubsidiary Interest receivedApproved8.254.360Textual Information(55)
56Kamaljyot Investments LimitedAAACK3258KPIDILITE INDUSTRIES LTD.AAKCC0259JEnterprises owned or significantly influenced by key management personnel or their relativesInvestmentApproved41.12106.11147.22Textual Information(56)
Total value of transaction during the reporting period2423.15