General information about company

Name of The CompanySUMEET INDUSTRIES LIMITED
BSE Scrip Code514211
NSE SymbolSUMEETINDS
MSE SymbolNOTLISTED
Date of Start of Financial Year01-04-2023
Date of End of Financial Year31-03-2024
Reporting PeriodFirst half yearly
Date of Start of Reporting Period01-04-2023
Date of End of Reporting Period30-09-2023
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.






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)
1Sumeet Industries LimitedAAECS2583BSomani Overseas Private LimitedAAECS2257ADirector's wife is DirectorLoan2500Transaction at arm length01105.421105.42Textual Information(1)
2Sumeet Industries LimitedAAECS2583BSumit Global PTE Ltd.ZZZZZ9999ZFully Owned Subsidiary CompanyAny other transactionFinancial Transaction1000Transaction at arm length0737.95737.95Textual Information(2)
3Sumeet Industries LimitedAAECS2583BSumit Global PTE Ltd.ZZZZZ9999ZFully Owned Subsidiary CompanyPurchase of goods or services100Transaction at arm length057.8557.85Textual Information(3)
4Sumeet Industries LimitedAAECS2583BSumit Global PTE Ltd.ZZZZZ9999ZFully Owned Subsidiary CompanySale of goods or servicesTransaction at arm length0446.09446.09Textual Information(4)
5Sumeet Industries LimitedAAECS2583BZeel Sureshkumar ModiDRUPM2529GNon-Executive DirectorAny other transactionDirector's Sitting FeesTransaction at arm length0.300Textual Information(5)
6Sumeet Industries LimitedAAECS2583BGanga Devi SomaniABNPS7081FDirector's WifeLoanTransaction at arm length021.7421.74Textual Information(6)
7Sumeet Industries LimitedAAECS2583BManoj Kumar JainAECPJ9551RNon-executive DirectorAny other transactionDirector's Sitting FeesTransaction at arm length0.900Textual Information(7)
8Sumeet Industries LimitedAAECS2583BVikashkumar Kamalsingh ChandaliyaANHPC8328DNon-executive DirectorAny other transactionDirector's Sitting FeesTransaction at arm length0.900Textual Information(8)
9Sumeet Industries LimitedAAECS2583BSaurav Santosh DuggarBHEPD5641NNon-executive DirectorAny other transactionDirector's Sitting FeesTransaction at arm length0.900Textual Information(9)
10Sumeet Industries LimitedAAECS2583BDurga Transport CompanyAFAPS9720ADirector's Son-in-law is ProprietorAny other transactionTransportation Charges1000Transaction at arm length03.243.24Textual Information(10)
11Sumeet Industries LimitedAAECS2583BAnil Kumar JainACVPJ5840QCompany SecretaryRemunerationTransaction at arm length9.771.461.56Textual Information(11)
12Sumeet Industries LimitedAAECS2583BAbhishek PrasadAIFPK6895GChief Financial OfficerRemunerationTransaction at arm length4.420.690.76Textual Information(12)
Total value of transaction during the reporting period17.19