General information about company | |
| Name of The Company | TALBROS AUTOMOTIVE COMPONENTS LIMITED |
| BSE Scrip Code | 505160 |
| NSE Symbol | TALBROAUTO |
| MSE Symbol | NOTLISTED |
| Date of Start of Financial Year | 01-04-2023 |
| Date of End of Financial Year | 31-03-2024 |
| Reporting Period | First half yearly |
| Date of Start of Reporting Period | 01-04-2023 |
| Date of End of Reporting Period | 30-09-2023 |
| Level of rounding to be used in disclosing related party transactions | Lakhs |
| 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/public | NA | ||
| (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 transaction | Details of the counterparty | Type of related party transaction | Details of other related party transaction | Value of the related party transaction as approved by the audit committee | Remarks on approval by audit committee | Value of transaction during the reporting period | In case monies are due to either party as a result of the transaction | In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments | Details of the loans, inter-corporate deposits, advances or investments | Notes | |||||||||||
| Name | PAN | Name | PAN | Relationship of the counterparty with the listed entity or its subsidiary | Opening balance | Closing balance | Nature of indebtedness (loan/ issuance of debt/ any other etc.) | Details of other indebtedness | Cost | Tenure | Nature (loan/ advance/ intercorporate deposit/ investment ) | Interest Rate (%) | Tenure | Secured/ unsecured | Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage) | |||||||
| 1 | Talbros Automotive Components Limited | AAACT0265F | Marelli Talbros Chassis Systems Private Limited | AAHCM7075P | Joint Venture | Any other transaction | Renting of Immovable property | 250 | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 109.39 | 0 | 0 | Textual Information(1) | |||||||||
| 2 | Talbros Automotive Components Limited | AAACT0265F | Marelli Talbros Chassis Systems Private Limited | AAHCM7075P | Joint Venture | Any other transaction | Receivables/others | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 11.44 | 0 | 0 | Textual Information(2) | ||||||||||
| 3 | Talbros Automotive Components Limited | AAACT0265F | Marelli Talbros Chassis Systems Private Limited | AAHCM7075P | Joint Venture | Any other transaction | Payables/Creditors | 250 | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 22.26 | 0 | 0 | Textual Information(3) | |||||||||
| 4 | Talbros Automotive Components Limited | AAACT0265F | Marelli Talbros Chassis Systems Private Limited | AAHCM7075P | Joint Venture | Any other transaction | Electricity Charges | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 60.43 | 0 | 0 | Textual Information(4) | ||||||||||
| 5 | Talbros Automotive Components Limited | AAACT0265F | Marelli Talbros Chassis Systems Private Limited | AAHCM7075P | Joint Venture | Any other transaction | Reimbursement of Other Expenses | 100 | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 0.1121 | 0 | 0 | Textual Information(5) | |||||||||
| 6 | Talbros Automotive Components Limited | AAACT0265F | Marelli Talbros Chassis Systems Private Limited | AAHCM7075P | Joint Venture | Dividend paid | Explanation given in Note | 117.8 | 0 | 0 | Textual Information(6) | |||||||||||
| 7 | Talbros Automotive Components Limited | AAACT0265F | Talbros Marugo Rubber Private Limited | AAECT3692A | Joint Venture | Sale of goods or services | 200 | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 211.22 | 0 | 0 | Textual Information(7) | ||||||||||
| 8 | Talbros Automotive Components Limited | AAACT0265F | Talbros Marugo Rubber Private Limited | AAECT3692A | Joint Venture | Purchase of goods or services | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 17.7 | 0 | 0 | Textual Information(8) | |||||||||||
| 9 | Talbros Automotive Components Limited | AAACT0265F | Talbros Marugo Rubber Private Limited | AAECT3692A | Joint Venture | Any other transaction | Receivables/Debtors | 200 | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 68.25 | 0 | 0 | Textual Information(9) | |||||||||
| 10 | Talbros Automotive Components Limited | AAACT0265F | Talbros Marugo Rubber Private Limited | AAECT3692A | Joint Venture | Any other transaction | Receivables/Others | 200 | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 0.97 | 0 | 0 | Textual Information(10) | |||||||||
| 11 | Talbros Automotive Components Limited | AAACT0265F | Talbros Marugo Rubber Private Limited | AAECT3692A | Joint Venture | Any other transaction | Reimbursement of Other Expenses | 5 | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 0.19 | 0 | 0 | Textual Information(11) | |||||||||
| 12 | Talbros Automotive Components Limited | AAACT0265F | Nippon Leakless Talbros Private Limited | AACCN0630J | Joint Venture | Sale of goods or services | 400 | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 28.02 | 0 | 0 | Textual Information(12) | ||||||||||
| 13 | Talbros Automotive Components Limited | AAACT0265F | Nippon Leakless Talbros Private Limited | AACCN0630J | Joint Venture | Any other transaction | Receivables/Debtors | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 20.57 | 0 | 0 | Textual Information(13) | ||||||||||
| 14 | Talbros Automotive Components Limited | AAACT0265F | Nippon Leakless Talbros Private Limited | AACCN0630J | Joint Venture | Purchase of goods or services | 200 | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 0.88 | 0 | 0 | Textual Information(14) | ||||||||||
| 15 | Talbros Automotive Components Limited | AAACT0265F | QH Talbros Private Limited | AAFCT0488D | Associate | Sale of goods or services | 9500 | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 4034.69 | 0 | 0 | Textual Information(15) | ||||||||||
| 16 | Talbros Automotive Components Limited | AAACT0265F | QH Talbros Private Limited | AAFCT0488D | Associate | Any other transaction | Royalty Income | 120 | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 57.26 | 0 | 0 | Textual Information(16) | |||||||||
| 17 | Talbros Automotive Components Limited | AAACT0265F | QH Talbros Private Limited | AAFCT0488D | Associate | Any other transaction | Receivables/Debtors | 9500 | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 2363.23 | 0 | 0 | Textual Information(17) | |||||||||
| 18 | Talbros Automotive Components Limited | AAACT0265F | QH Talbros Private Limited | AAFCT0488D | Associate | Any other transaction | Reimbursement of other expenses | 80 | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 8.5 | 0 | 0 | Textual Information(18) | |||||||||
| 19 | Talbros Automotive Components Limited | AAACT0265F | QH Talbros Private Limited | AAFCT0488D | Associate | Dividend paid | Value of the Related Explanation given in Note | 35.59 | 0 | 0 | Textual Information(19) | |||||||||||
| 20 | Talbros Automotive Components Limited | AAACT0265F | Talbros Indiparts Private Limited | AAECT0308B | Associate | Sale of goods or services | 6000 | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 1932.48 | 0 | 0 | Textual Information(20) | ||||||||||
| 21 | Talbros Automotive Components Limited | AAACT0265F | Talbros Indiparts Private Limited | AAECT0308B | Associate | Any other transaction | Royalty Income | 6000 | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 8.17 | 0 | 0 | Textual Information(21) | |||||||||
| 22 | Talbros Automotive Components Limited | AAACT0265F | Talbros Indiparts Private Limited | AAECT0308B | Associate | Any other transaction | Renting of Immovable Property | 20 | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 8.58 | 0 | 0 | Textual Information(22) | |||||||||
| 23 | Talbros Automotive Components Limited | AAACT0265F | Talbros Indiparts Private Limited | AAECT0308B | Associate | Any other transaction | Receivables/Debtors | 6000 | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 792 | 0 | 0 | Textual Information(23) | |||||||||
| 24 | Talbros Automotive Components Limited | AAACT0265F | Talbros Indiparts Private Limited | AAECT0308B | Associate | Any other transaction | Electricity Charges | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 7.34 | 0 | 0 | Textual Information(24) | ||||||||||
| 25 | Talbros Automotive Components Limited | AAACT0265F | Talbros International Private Limited | AAACO2191D | Associate | Any other transaction | Reimbursement of Other Expenses | 20 | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 3.39 | 0 | 0 | Textual Information(25) | |||||||||
| 26 | Talbros Automotive Components Limited | AAACT0265F | Talbros International Private Limited | AAACO2191D | Associate | Dividend paid | Explanation given in Note | 181.1 | 0 | 0 | Textual Information(26) | |||||||||||
| 27 | Talbros Automotive Components Limited | AAACT0265F | Mrs. Kumkum Talwar | ADDPT2815L | Relative of Key Management Personnel | Any other transaction | Rent paid | 7.2 | Value of the Related Party Transaction as approved by the Audit Committee for the FY 2023-24 | 3.6 | 0 | 0 | Textual Information(27) | |||||||||
| 28 | Talbros Automotive Components Limited | AAACT0265F | Mr. Umesh Talwar | AACPT8093J | Director | Remuneration | Explanation given in Note | 94.35 | 0 | 0 | Textual Information(28) | |||||||||||
| 29 | Talbros Automotive Components Limited | AAACT0265F | Mr. Anuj Talwar | ABXPT3558N | Director | Remuneration | Explanation given in Note | 94.72 | 0 | 0 | Textual Information(29) | |||||||||||
| 30 | Talbros Automotive Components Limited | AAACT0265F | Mr. Manish Khanna | AFNPK9894A | CFO | Remuneration | 52.73 | Explanation given in Note | 32.21 | 0 | 0 | Textual Information(30) | ||||||||||
| 31 | Talbros Automotive Components Limited | AAACT0265F | Mrs. Seema Narang | ACRPN4358F | Company Secretary | Remuneration | 37.64 | Explanation given in Note | 19.08 | 0 | 0 | Textual Information(31) | ||||||||||
| Total value of transaction during the reporting period | 10345.5221 | |||||||||||||||||||||
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| Textual Information(6) | These Dividend payments have been recommended by Board of Directors and approved by Shareholders in AGM. No separate approval of the Audit Committee was required. These were reviewed by Audit Committee being RPT. | |
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| Textual Information(19) | These Dividend payments have been recommended by Board of Directors and approved by Shareholders in AGM. No separate approval of the Audit Committee was required. These were reviewed by Audit Committee being RPT. | |
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| Textual Information(26) | These Dividend payments have been recommended by Board of Directors and approved by Shareholders in AGM. No separate approval of the Audit Committee was required. These were reviewed by Audit Committee being RPT. | |
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| Textual Information(28) | In terms of the 'Policy on Related Party Transactions' of the Company, Related Party Transactions that are requred to be approved by the Board or any other Board Committee and/ or shareholders do not require seperate approval of the Audit Committee, such as transactions relating to appointment and remuneration of Directors and Key Managerial Personnel.payment of Dividend which is uniformly offered to all shareholders in proportion to their shareholding. | |
| Textual Information(29) | In terms of the 'Policy on Related Party Transactions' of the Company, Related Party Transactions that are requred to be approved by the Board or any other Board Committee and/ or shareholders do not require seperate approval of the Audit Committee, such as transactions relating to appointment and remuneration of Directors and Key Managerial Personnel.payment of Dividend which is uniformly offered to all shareholders in proportion to their shareholding. | |
| Textual Information(30) | In terms of the 'Policy on Related Party Transactions' of the Company, Related Party Transactions that are requred to be approved by the Board or any other Board Committee and/ or shareholders do not require seperate approval of the Audit Committee, such as transactions relating to appointment and remuneration of Directors and Key Managerial Personnel.payment of Dividend which is uniformly offered to all shareholders in proportion to their shareholding. | |
| Textual Information(31) | In terms of the 'Policy on Related Party Transactions' of the Company, Related Party Transactions that are requred to be approved by the Board or any other Board Committee and/ or shareholders do not require seperate approval of the Audit Committee, such as transactions relating to appointment and remuneration of Directors and Key Managerial Personnel.payment of Dividend which is uniformly offered to all shareholders in proportion to their shareholding. | |