General information about company

Name of The CompanyBimetal Bearings Limited
BSE Scrip Code505681
NSE Symbol
MSE Symbol
Date of Start of Financial Year01-04-2022
Date of End of Financial Year31-3-2023
Reporting PeriodFirst half yearly
Date of Start of Reporting Period01-04-2022
Date of End of Reporting Period30-09-2022
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)
1BIMETAL BEARINGS LIMILTEDAAACB2036QADDISON & COMPANY LTD.AAACA5199HOther related partyPurchase of goods or services75Approved at the Audit Committee Meeting held on 27.05.20222.590.550Textual Information(1)
2BIMETAL BEARINGS LIMILTEDAAACB2036QAMALGAMATIONS PRIVATE LIMITEDAAACA2922NPromoters GroupAny other transactionReceiving of Services200Approved at the Audit Committee Meeting held on 27.05.202238.5121.4324.16Textual Information(2)
3BIMETAL BEARINGS LIMILTEDAAACB2036QAMALGAMATIONS REPCO LTD.AADCA8200EOther related partyAny other transactionReceiving of Services40Approved at the Audit Committee Meeting held on 27.05.20220.3100Textual Information(3)
4BIMETAL BEARINGS LIMILTEDAAACB2036QAMALGAMATIONS REPCO LTD.AADCA8200EOther related partyAny other transactionLease40Approved at the Audit Committee Meeting held on 27.05.20221.340.910.58Textual Information(4)
5BIMETAL BEARINGS LIMILTEDAAACB2036QAMALGAMATIONS REPCO LTD.AADCA8200EOther related partyDividend received40Approved at the Audit Committee Meeting held on 27.05.2022000Textual Information(5)
6BIMETAL BEARINGS LIMILTEDAAACB2036QASSOCIATED PRINTERS (MADRAS) PVT. LTD.AAACA7962LPromoters GroupPurchase of goods or services40Approved at the Audit Committee Meeting held on 27.05.2022000.05Textual Information(6)
7BIMETAL BEARINGS LIMILTEDAAACB2036QBBL DAIDO PVT LTD.AABCB7452KJoint ventures where entity is venturerPurchase of goods or services1400Approved at the Audit Committee Meeting held on 27.05.2022424.82183.36197.45Textual Information(7)
8BIMETAL BEARINGS LIMILTEDAAACB2036QBBL DAIDO PVT LTD.AABCB7452KJoint ventures where entity is venturerSale of goods or services1400Approved at the Audit Committee Meeting held on 27.05.2022757.58317.6269.65Textual Information(8)
9BIMETAL BEARINGS LIMILTEDAAACB2036QBBL DAIDO PVT LTD.AABCB7452KJoint ventures where entity is venturerDividend received1400Approved at the Audit Committee Meeting held on 27.05.202269.2900Textual Information(9)
10BIMETAL BEARINGS LIMILTEDAAACB2036QGEORGE OAKES LTD.AAACG1659GOther related partySale of goods or services650Approved at the Audit Committee Meeting held on 27.05.2022160.136.9648.25Textual Information(10)
11BIMETAL BEARINGS LIMILTEDAAACB2036QGEORGE OAKES LTD.AAACG1659GOther related partyAny other transactionReceiving of Services650Approved at the Audit Committee Meeting held on 27.05.2022000Textual Information(11)
12BIMETAL BEARINGS LIMILTEDAAACB2036QGEORGE OAKES LTD.AAACG1659GOther related partyAny other transactionLease650Approved at the Audit Committee Meeting held on 27.05.20223.322.080.67Textual Information(12)
13BIMETAL BEARINGS LIMILTEDAAACB2036QHIGGINBOTHAMS PRIVATE LTD.AAACH0838GOther related partyPurchase of goods or services15Approved at the Audit Committee Meeting held on 27.05.2022000Textual Information(13)
14BIMETAL BEARINGS LIMILTEDAAACB2036QINDIA PISTONS LIMITEDAAACI1439EPromoters GroupAny other transactionReceiving of Services50Approved at the Audit Committee Meeting held on 27.05.20220.60.030Textual Information(14)
15BIMETAL BEARINGS LIMILTEDAAACB2036QINDIA PISTONS LIMITEDAAACI1439EPromoters GroupAny other transactionTrade Receivables and other assets50Approved at the Audit Committee Meeting held on 27.05.202202.162.16Textual Information(15)
16BIMETAL BEARINGS LIMILTEDAAACB2036QIP RINGS LIMITEDAAACI0908COther related partyPurchase of goods or services100Approved at the Audit Committee Meeting held on 27.05.20228.562.994.4Textual Information(16)
17BIMETAL BEARINGS LIMILTEDAAACB2036QL.M.VAN MOPPES DIAMOND TOOLS INDIA PRIVATE LIMITEDAAACL0538POther related partyPurchase of goods or services40Approved at the Audit Committee Meeting held on 27.05.20223.140.631.87Textual Information(17)
18BIMETAL BEARINGS LIMILTEDAAACB2036QL.M.VAN MOPPES DIAMOND TOOLS INDIA PRIVATE LIMITEDAAACL0538POther related partyAny other transactionReceiving of Services40Approved at the Audit Committee Meeting held on 27.05.2022000Textual Information(18)
19BIMETAL BEARINGS LIMILTEDAAACB2036QS.RAMASUBRAMANIAM & ASSOCIATESAAAFS2352PKey management personnel of entity or parentAny other transactionReceiving of Services50Approved at the Audit Committee Meeting held on 27.05.2022000Textual Information(19)
20BIMETAL BEARINGS LIMILTEDAAACB2036QSHARDLOW INDIA LTD.AAACS5048POther related partyAny other transactionReceiving of Services50Approved at the Audit Committee Meeting held on 27.05.20220.500.11Textual Information(20)
21BIMETAL BEARINGS LIMILTEDAAACB2036QSIMPSON & COMPANY LTD.AAACS4909FPromoters GroupPurchase of goods or services1200Approved at the Audit Committee Meeting held on 27.05.20220.0400Textual Information(21)
22BIMETAL BEARINGS LIMILTEDAAACB2036QSIMPSON & COMPANY LTD.AAACS4909FPromoters GroupSale of goods or services1200Approved at the Audit Committee Meeting held on 27.05.2022394.5588.13148.32Textual Information(22)
23BIMETAL BEARINGS LIMILTEDAAACB2036QSIMPSON & COMPANY LTD.AAACS4909FPromoters GroupAny other transactionReceiving of Services1200Approved at the Audit Committee Meeting held on 27.05.202233.42.1415.31Textual Information(23)
24BIMETAL BEARINGS LIMILTEDAAACB2036QSIMPSON & COMPANY LTD.AAACS4909FPromoters GroupAny other transactionLease1200Approved at the Audit Committee Meeting held on 27.05.20227.9600Textual Information(24)
25BIMETAL BEARINGS LIMILTEDAAACB2036QSIMPSON & GENERAL FINANCE CO. LTD.AABCS1868AOther related partyAny other transactionReceiving of Services100Approved at the Audit Committee Meeting held on 27.05.20228.28.933.84Textual Information(25)
26BIMETAL BEARINGS LIMILTEDAAACB2036QSPEED-A-WAY PVT LTD.AAHCS0229FOther related partySale of goods or services750Approved at the Audit Committee Meeting held on 27.05.2022142.8381.9771.24Textual Information(26)
27BIMETAL BEARINGS LIMILTEDAAACB2036QSRI RAMA VILAS SERVICE LIMITEDAAACS5104LPromoters GroupAny other transactionReceiving of Services150Approved at the Audit Committee Meeting held on 27.05.202231.5111.0216.56Textual Information(27)
28BIMETAL BEARINGS LIMILTEDAAACB2036QT.STANES AND COMPANY LIMITEDAAACT7126POther related partySale of goods or services200Approved at the Audit Committee Meeting held on 27.05.202200.030Textual Information(28)
29BIMETAL BEARINGS LIMILTEDAAACB2036QT.STANES AND COMPANY LIMITEDAAACT7126POther related partyAny other transactionTrade Payables and other liabilities200Approved at the Audit Committee Meeting held on 27.05.202200.040Textual Information(29)
30BIMETAL BEARINGS LIMILTEDAAACB2036QTAFE MOTORS AND TRACTORS LTD.,AACCT2459BOther related partySale of goods or services100Approved at the Audit Committee Meeting held on 27.05.20223.184.442.91Textual Information(30)
31BIMETAL BEARINGS LIMILTEDAAACB2036QTHE MADRAS ADVERTISING CO.PVT.LTD.AAACT0745JOther related partyAny other transactionReceiving of Services25Approved at the Audit Committee Meeting held on 27.05.20223.980-4.93Textual Information(31)
32BIMETAL BEARINGS LIMILTEDAAACB2036QWHEEL & PRECISION FORGINGS (I) LTD.AAACW0704COther related partyAny other transactionLease30Approved at the Audit Committee Meeting held on 27.05.20225.42.911.94Textual Information(32)
33BIMETAL BEARINGS LIMILTEDAAACB2036QA.KRISHNAMOORTHY AABPK7087JPromotersAny other transactionRemuneration and other employee benefits0Approved at the Audit Committee Meeting held on 27.05.202230.1700Textual Information(33)
34BIMETAL BEARINGS LIMILTEDAAACB2036QS.NARAYANANABKPN4582FKey management personnel of entity or parentAny other transactionRemuneration and other employee benefits0Approved at the Audit Committee Meeting held on 27.05.202241.7680Textual Information(34)
35BIMETAL BEARINGS LIMILTEDAAACB2036QR.NATARAJANAQAPN6991PKey management personnel of entity or parentAny other transactionRemuneration and other employee benefits0Approved at the Audit Committee Meeting held on 27.05.202213.0830Textual Information(35)
36BIMETAL BEARINGS LIMILTEDAAACB2036QK.VIDHYASHANKARABIPV5016CKey management personnel of entity or parentAny other transactionRemuneration and other employee benefits0Approved at the Audit Committee Meeting held on 27.05.202211.321.250Textual Information(36)
37BIMETAL BEARINGS LIMILTEDAAACB2036QP.M.VENKATASUBRAMANIANAAAPV2221QKey management personnel of entity or parentAny other transactionCommission paid to Non-executive/ Independent Director0Approved at the Audit Committee Meeting held on 27.05.20220.350.350Textual Information(37)
38BIMETAL BEARINGS LIMILTEDAAACB2036QKRISHNA SRINIVASANAAFPS6149DKey management personnel of entity or parentAny other transactionSitting Fees and Commission paid to Non-executive/ Independent Director0Approved at the Audit Committee Meeting held on 27.05.20222.461.960Textual Information(38)
39BIMETAL BEARINGS LIMILTEDAAACB2036QR.VIJAYARAGHAVANAAFPV6706PKey management personnel of entity or parentAny other transactionSitting Fees and Commission paid to Non-executive/ Independent Director0Approved at the Audit Committee Meeting held on 27.05.20222.341.840Textual Information(39)
40BIMETAL BEARINGS LIMILTEDAAACB2036QN.P.MANIAARPM7546EKey management personnel of entity or parentAny other transactionCommission paid to Non-executive/ Independent Director0Approved at the Audit Committee Meeting held on 27.05.20220.120.120Textual Information(40)
41BIMETAL BEARINGS LIMILTEDAAACB2036QDr.SANDHYA SHEKHARALCPS0021NKey management personnel of entity or parentAny other transactionSitting Fees and Commission paid to Non-executive/ Independent Director0Approved at the Audit Committee Meeting held on 27.05.20221.651.150Textual Information(41)
42BIMETAL BEARINGS LIMILTEDAAACB2036QP.S.RAJAMANIAAAPR3543DKey management personnel of entity or parentAny other transactionSitting Fees and Commission paid to Non-executive/ Independent Director0Approved at the Audit Committee Meeting held on 27.05.20220.550.350Textual Information(42)
43BIMETAL BEARINGS LIMILTEDAAACB2036QAMALGAMATIONS REPCO LTD.AADCA8200EOther related partyDividend paid0Approved at the Audit Committee Meeting held on 27.05.2022149.9300Textual Information(43)
44BIMETAL BEARINGS LIMILTEDAAACB2036QINDIA PISTONS LIMITEDAAACI1439EPromoters GroupDividend paid0Approved at the Audit Committee Meeting held on 27.05.20220.500Textual Information(44)
45BIMETAL BEARINGS LIMILTEDAAACB2036QSRI RAMA VILAS SERVICE LIMITEDAAACS5104LPromoters GroupDividend paid0Approved at the Audit Committee Meeting held on 27.05.2022100Textual Information(45)
46BIMETAL BEARINGS LIMILTEDAAACB2036QASSOCIATED PRINTERS (MADRAS) PVT. LTD.AAACA7962LPromoters GroupDividend paid0Approved at the Audit Committee Meeting held on 27.05.20220.1600Textual Information(46)
47BIMETAL BEARINGS LIMILTEDAAACB2036QN.VENKATARAMANIABXPV4759RPromoters GroupDividend paid0Approved at the Audit Committee Meeting held on 27.05.20220.0100Textual Information(47)
48BIMETAL BEARINGS LIMILTEDAAACB2036QTHE UNITED NILGIRIS TEA ESTATES LTDAABCT1206HOther related partyDividend received0Approved at the Audit Committee Meeting held on 27.05.20220.1600Textual Information(48)
Total value of transaction during the reporting period2357.27