General information about company

Name of The CompanyBimetal Bearings Limited
BSE Scrip Code505681
NSE Symbol
MSE Symbol
Date of Start of Financial Year01-04-2021
Date of End of Financial Year31-03-2022
Reporting PeriodSecond half yearly
Date of Start of Reporting Period01-10-2021
Date of End of Reporting Period31-03-2022
Level of rounding used in financial resultsLakhs
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?Yes



Related party transactions

A. Details of related party

Sr123456789101112131415161718192021222324252627282930313233
Name of the related partyADDISON & COMPANY LTD.AMALGAMATIONS PRIVATE LIMITEDAMALGAMATIONS REPCO LTD.ASSOCIATED PRINTERS (MADRAS) PVT. LTD.BBL DAIDO PVT LTD.GEORGE OAKES LTD.HIGGINBOTHAMS PRIVATE LTD.INDIA PISTONS LIMITEDIP RINGS LIMITEDL.M.VAN MOPPES DIAMOND TOOLS INDIA PRIVATE LIMITEDS.RAMASUBRAMANIAM & ASSOCIATESSHARDLOW INDIA LTD.SIMPSON & COMPANY LTD.SIMPSON & GENERAL FINANCE CO. LTD.SPEED-A-WAY PVT LTD.SRI RAMA VILAS SERVICE LIMITEDT.STANES AND COMPANY LIMITEDTAFE MOTORS AND TRACTORS LTD.,THE MADRAS ADVERTISING CO.PVT.LTD.WHEEL & PRECISION FORGINGS (I) LTD.A.KRISHNAMOORTHYS.NARAYANANR.NATARAJANK.VIDHYASHANKARP.M.VENKATASUBRAMANIANKRISHNA SRINIVASANR.VIJAYARAGHAVANN.P.MANIDr.SANDHYA SHEKHARP.S.RAJAMANITHE UNITED NILGIRI TEA ESTATES COMPANY LIMITEDSTANES AMALGAMATED ESTATES LIMITEDIPL GREEN POWER LIMITED
Categories of related partiesOther related partyPromoters GroupOther related partyPromoters GroupJoint ventures where entity is venturerOther related partyOther related partyPromoters GroupOther related partyOther related partyKey management personnel of entity or parentOther related partyPromoters GroupOther related partyOther related partyPromoters GroupOther related partyOther related partyOther related partyOther related partyPromotersKey management personnel of entity or parentKey management personnel of entity or parentKey management personnel of entity or parentKey management personnel of entity or parentKey management personnel of entity or parentKey management personnel of entity or parentKey management personnel of entity or parentKey management personnel of entity or parentKey management personnel of entity or parentOther related partyOther related partyAssociates
description of relationshipFellow SubsideriesUltimate Holding CompanyFellow SubsideriesFellow SubsideriesJoint ventureFellow SubsideriesFellow SubsideriesFellow SubsideriesFellow SubsideriesFellow SubsideriesEnterprises Significantly Influenced by KMPFellow SubsideriesFellow SubsideriesFellow SubsideriesFellow SubsideriesFellow SubsideriesFellow SubsideriesFellow SubsideriesFellow SubsideriesFellow SubsideriesKey management personnelKey management personnelKey management personnelKey management personnelKey management personnelKey management personnelKey management personnelKey management personnelKey management personnelKey management personnelFellow SubsideriesFellow SubsideriesAssociates
PAN of related partyAAACA5199HAAACA2922NAADCA8200EAAACA7962LAABCB7452KAAACG1659GAAACH0838GAAACI1439EAAACI0908CAAACL0538PAAAFS2352PAAACS5048PAAACS4909FAABCS1868AAAHCS0229FAAACS5104LAAACT7126PAACCT2459BAAACT0745JAAACW0704C AABPK7087JABKPN4582FAQAPN6991PABIPV5016CAAAPV2221QAAFPS6149DAAFPV6706PAARPM7546EALCPS0021NAAAPR3543DAABCT1206HAACCS7196Q
CIN of related partyU28939TN1914PLC000008U35999TN1938PTC000019U35999TN1967PLC005566U22110TN1950PTC000036U34300TN2001PTC048109U50300TN1956PLC000758U52396TN1950PTC000871U35999TN1949PLC000951L28920TN1991PLC020232U28930TN1962PTC004872U35990TN1960PLC004235U65991TN1925PLC002345U65190TN1938PLC002355U51909TN1938PTC002347U29214TN1938PLC002346U02421TZ1910PLC000221U29211TN2005PLC055476U74300TN1954PTC001514U28910TN1951PLC003308L01132TZ1922PLC000234U01132TZ1946PLC000180U40107TN2011PLC083540

B. Details of related party transactions

Purchase of goods and services1.313.27302.170.043.352.150.45
Sale of goods and services484.61155.58280.18189.5611.694.13
Purchase of fixed assets
Sale of fixed assets
Rendering of services
Receiving of services39.10.058.630.320.030.690.891.2519.548.1919.4301.86
Leases 1.343.325.685.4
Loans and advances given
Loans and advances taken
Loans and advances given that are repaid
Loans and advances taken that are repaid
Deposits placed
Deposits taken
Transfer of research & development
Transfers under lease agreement
Equity investment
Impairment in equity investment
Expense for bad or doubtful debts
Guarantees or collateral given
Guarantees or collateral taken
Interest income
Interest paid
Dividend income5.43
Dividend paid
Management contracts including for deputation of employees
Settlement of liabilities by entity on behalf of related party

Remuneration

Short term employee benefits48.5849.261511.08
Post employment benefits
Other long-term benefits02.2500.81
Termination benefits
Share based payments
Others02.081.8600.970.55

C. Outstanding balances

Receivables

Secured317.636.962.1688.1381.970.034.44
Un Secured

Payables

Secured0.5521.430.910183.362.0800.032.990.6300.472.148.93011.020.09002.910831.250.351.961.840.121.150.35
Un Secured

Loans and advances given

Secured
Un Secured

Loans and advances taken

Secured
Un Secured

Deposits placed

Secured
Un Secured

Deposits taken

Secured
Un Secured

Guarantees or collateral given

Secured
Un Secured

Guarantees or collateral taken

Secured
Un Secured

Investment in equity

Secured569.94794.7658.3612.76
Un Secured

Provision for doubtful debt

Secured
Un Secured

Note

Purchase of goods and materials.

 Availing of  services and sale of goods through agency arrangements.

Availing of services and leasing of property

Purchase of goods and materials and availing of services

Sale and purchase of  goods and  materials , leasing of property  and availing of services

Sale of  goods and materials and leasing of property
Purchase of  goods and materials

Sale and purchase of goods and availing of services

Purchase of goods and materials
Purchase of  goods and availing of services

Availing  of services

Sale of goods and materials and availing of services

Sale and purchase of goods , leasing of property and availing of services

Availing of services and share of expenses
Sale and purchase of goods and materials
Availing  of services

Sale and purchase of goods and materials and availing of services

Sale of  goods and materials
Availing of services
Availing of services and leasing of property
KMP - Managing Director (Payment of Salary and re-imbursement of expenses etc. as per their terms of appointment).
KMP - Whole-time Director (Payment of Salary and re-imbursement of expenses etc. as per their terms of appointment).
KMP - Chief Financial Officer (Payment of Salary and re-imbursement of expenses etc.)
KMP - Company Secretary (Payment of Salary and re-imbursement of expenses etc.).
Commission and sitting fees paid to the Directors during the period.
Commission and sitting fees paid to the Directors during the period.
Commission and sitting fees paid to the Directors during the period.
Commission and sitting fees paid to the Directors during the period.
Commission and sitting fees paid to the Directors during the period.
Commission and sitting fees paid to the Directors during the period.
Purchase of goods and materials
Purchase of goods and materials
1.IPL GREEN POWER LIMITED IS UNDER THE PROCESS OF VOLUNTARY LIQUIDATION
 
2.THE AMOUNT OF RS.75 LAKHS FULLY PROVIDED IN THE BOOKS OF ACCOUNTS DURING THE YEAR ENDED 31ST MARCH 2017