General information about company

Name of The CompanyMEERA INDUSTRIES LIMITED
BSE Scrip Code540519
NSE SymbolNOTLISTED
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 updated30-05-2024
Indicate Company website link for updated RPT policy of the Companywww.meeraind.com






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)
1Meera Industries LimitedAAECM7229AMeera Industries USA LLCZZZZZ9999ZSubsidiariesSale of goods or services25Yes0.124.3524.47Textual Information(1)
2Meera Industries LimitedAAECM7229AMr.Dharmesh Vinodbhai DesaiACCPD6316QPromoter GroupRemuneration40Yes16.51.942.18Textual Information(2)
3Meera Industries LimitedAAECM7229AMrs. Bijal Dharmesh DesaiAARPN2041BPromoter GroupRemuneration25Yes11.71.851.58Textual Information(3)
4Meera Industries LimitedAAECM7229AMrs. Bijal Dharmesh DesaiAARPN2041BPromoter GroupAny other transactionRent40Yes18.743.153.37Textual Information(4)
5Meera Industries LimitedAAECM7229AMrs. Bijal Dharmesh DesaiAARPN2041BPromoter GroupAny other transactionRent-Deposit0N.A.055Textual Information(5)
6Meera Industries LimitedAAECM7229AMr. Sanjay N MehtaAADPM6910ANon-Executive Independent DirectorAny other transactionSitting Fees0.5Yes0.250.180.14Textual Information(6)
7Meera Industries LimitedAAECM7229AMr. Mayank Y DesaiABFPD1635GNon-Executive DirectorAny other transactionSitting Fees0.5Yes0.10.180Textual Information(7)
8Meera Industries LimitedAAECM7229AMr. Hetal MehtaAAYPM1513GNon-Executive Independent DirectorAny other transactionSitting Fees0.5Yes0.250.180.14Textual Information(8)
9Meera Industries LimitedAAECM7229AMr. Rajendra KalyaniAFJPK0339NNon-Executive Independent DirectorAny other transactionSitting Fees0.5Yes0.250.180.14Textual Information(9)
10Meera Industries LimitedAAECM7229AHD Electric (Prop. Het Dharmesh Desai)COGPD0653APromoter GroupSale of goods or services10Yes0.131.551.42Textual Information(10)
11Meera Industries LimitedAAECM7229AMr. Vinod Satyanarayan OjhaABSPO9365KKey management personnel of entity or parentRemuneration12Yes50.820.84Textual Information(11)
12Meera Industries LimitedAAECM7229AMrs. Bhavisha Kunal ChauhanEKMPK2358RKey management personnel of entity or parentRemuneration10Yes3.920.690.69Textual Information(12)
13Meera Industries LimitedAAECM7229AMAYANK YASHWANTRAI DESAIABFPD1635GNon-Executive DirectorDividend paid0.3Yes0.300Textual Information(13)
14Meera Industries LimitedAAECM7229AAVANI MAYANK DESAIAAOPN0777FRelative of Non-Executive DirectorDividend paid0.3Yes0.300Textual Information(14)
15Meera Industries LimitedAAECM7229ASANJAY N MEHTAAAGHS0169CNon-Executive Independent DirectorDividend paid0.01Yes0.0100Textual Information(15)
16Meera Industries LimitedAAECM7229AKENNY DHARMESHKUMAR DESAICOGPD0652BPromoter GroupDividend paid2.5Yes2.500Textual Information(16)
17Meera Industries LimitedAAECM7229AHET DHARMESHKUMAR DESAICOGPD0653APromoter GroupDividend paid2.5Yes2.500Textual Information(17)
18Meera Industries LimitedAAECM7229ANILESHKUMAR VINODCHANDRA DESAIAEYPD0933RPromoter GroupDividend paid0.44Yes0.4400Textual Information(18)
Total value of transaction during the reporting period62.99