General information about company

Name of The CompanyBIMETAL BEARINS LIMITED
BSE Scrip Code505681
NSE Symbol
MSE Symbol
Date of Start of Financial Year01-04-2022
Date of End of Financial Year31-03-2023
Reporting PeriodSecond half yearly
Date of Start of Reporting Period01-10-2022
Date of End of Reporting Period31-03-2023
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)
1BIMETAL BEARINGS LIMILTEDAAACB2036QADDISON & COMPANY LTD.AAACA5199HOther related partyPurchase of goods or services75Approved at the Audit Committee Meeting held on 17.06.20214.8602.12Textual Information(1)
2BIMETAL BEARINGS LIMILTEDAAACB2036QAMALGAMATIONS PRIVATE LIMITEDAAACA2922NPromoters GroupAny other transactionReceiving of Services200Approved at the Audit Committee Meeting held on 17.06.202136.1824.1614.91Textual Information(2)
3BIMETAL BEARINGS LIMILTEDAAACB2036QAMALGAMATIONS REPCO LTD.AADCA8200EOther related partyAny other transactionReceiving of Services40Approved at the Audit Committee Meeting held on 17.06.20210.1900Textual Information(3)
4BIMETAL BEARINGS LIMILTEDAAACB2036QAMALGAMATIONS REPCO LTD.AADCA8200EOther related partyAny other transactionLease40Approved at the Audit Committee Meeting held on 17.06.20211.330.580.59Textual Information(4)
5BIMETAL BEARINGS LIMILTEDAAACB2036QAMALGAMATIONS REPCO LTD.AADCA8200EOther related partyDividend received40Approved at the Audit Committee Meeting held on 17.06.20216.0400Textual Information(5)
6BIMETAL BEARINGS LIMILTEDAAACB2036QASSOCIATED PRINTERS (MADRAS) PVT. LTD.AAACA7962LPromoters GroupPurchase of goods or services40Approved at the Audit Committee Meeting held on 17.06.20215.910.05-0.01Textual Information(6)
7BIMETAL BEARINGS LIMILTEDAAACB2036QBBL DAIDO PVT LTD.AABCB7452KJoint ventures where entity is venturerPurchase of goods or services1900Approved at the Audit Committee Meeting held on 10.11.2022480.77197.45314.06Textual Information(7)
8BIMETAL BEARINGS LIMILTEDAAACB2036QBBL DAIDO PVT LTD.AABCB7452KJoint ventures where entity is venturerSale of goods or services1900Approved at the Audit Committee Meeting held on 10.11.2022439.29269.65229.5Textual Information(8)
9BIMETAL BEARINGS LIMILTEDAAACB2036QBBL DAIDO PVT LTD.AABCB7452KJoint ventures where entity is venturerDividend received1900Approved at the Audit Committee Meeting held on 10.11.202271.700Textual Information(9)
10BIMETAL BEARINGS LIMILTEDAAACB2036QGEORGE OAKES LTD.AAACG1659GOther related partySale of goods or services650Approved at the Audit Committee Meeting held on 10.11.2022181.7848.2581.15Textual Information(10)
11BIMETAL BEARINGS LIMILTEDAAACB2036QGEORGE OAKES LTD.AAACG1659GOther related partyAny other transactionReceiving of Services650Approved at the Audit Committee Meeting held on 17.06.20210.7800Textual Information(11)
12BIMETAL BEARINGS LIMILTEDAAACB2036QGEORGE OAKES LTD.AAACG1659GOther related partyAny other transactionLease650Approved at the Audit Committee Meeting held on 17.06.20213.320.670.65Textual Information(12)
13BIMETAL BEARINGS LIMILTEDAAACB2036QHIGGINBOTHAMS PRIVATE LTD.AAACH0838GOther related partyPurchase of goods or services15Approved at the Audit Committee Meeting held on 17.06.20210.1300Textual Information(13)
14BIMETAL BEARINGS LIMILTEDAAACB2036QINDIA PISTONS LIMITEDAAACI1439EPromoters GroupAny other transactionReceiving of Services50Approved at the Audit Committee Meeting held on 17.06.20210.4100Textual Information(14)
15BIMETAL BEARINGS LIMILTEDAAACB2036QINDIA PISTONS LIMITEDAAACI1439EPromoters GroupAny other transactionTrade Receivables and other assets50Approved at the Audit Committee Meeting held on 17.06.202102.160Textual Information(15)
16BIMETAL BEARINGS LIMILTEDAAACB2036QIP RINGS LIMITEDAAACI0908COther related partyPurchase of goods or services100Approved at the Audit Committee Meeting held on 17.06.202111.074.43.02Textual 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 17.06.20215.971.870.41Textual Information(17)
18BIMETAL BEARINGS LIMILTEDAAACB2036QSHARDLOW INDIA LTD.AAACS5048POther related partyAny other transactionReceiving of Services50Approved at the Audit Committee Meeting held on 17.06.20211.590.110.4Textual Information(18)
19BIMETAL BEARINGS LIMILTEDAAACB2036QSIMPSON & COMPANY LTD.AAACS4909FPromoters GroupPurchase of goods or services1500Approved at the Audit Committee Meeting held on 17.06.20210.3900Textual Information(19)
20BIMETAL BEARINGS LIMILTEDAAACB2036QSIMPSON & COMPANY LTD.AAACS4909FPromoters GroupSale of goods or services1500Approved at the Audit Committee Meeting held on 17.06.2021368.74148.32163.82Textual Information(20)
21BIMETAL BEARINGS LIMILTEDAAACB2036QSIMPSON & COMPANY LTD.AAACS4909FPromoters GroupAny other transactionReceiving of Services1500Approved at the Audit Committee Meeting held on 17.06.202115.715.315.65Textual Information(21)
22BIMETAL BEARINGS LIMILTEDAAACB2036QSIMPSON & COMPANY LTD.AAACS4909FPromoters GroupAny other transactionLease1500Approved at the Audit Committee Meeting held on 17.06.20217.7300Textual Information(22)
23BIMETAL BEARINGS LIMILTEDAAACB2036QSIMPSON & GENERAL FINANCE CO. LTD.AABCS1868AOther related partyAny other transactionReceiving of Services100Approved at the Audit Committee Meeting held on 17.06.202114.953.8414.04Textual Information(23)
24BIMETAL BEARINGS LIMILTEDAAACB2036QSPEED-A-WAY PVT LTD.AAHCS0229FOther related partySale of goods or services750Approved at the Audit Committee Meeting held on 17.06.2021222.9271.24101.13Textual Information(24)
25BIMETAL BEARINGS LIMILTEDAAACB2036QSRI RAMA VILAS SERVICE LIMITEDAAACS5104LPromoters GroupAny other transactionReceiving of Services150Approved at the Audit Committee Meeting held on 17.06.202134.3616.568.23Textual Information(25)
26BIMETAL BEARINGS LIMILTEDAAACB2036QTAFE MOTORS AND TRACTORS LTD.,AACCT2459BOther related partySale of goods or services100Approved at the Audit Committee Meeting held on 17.06.20215.382.915.56Textual Information(26)
27BIMETAL BEARINGS LIMILTEDAAACB2036QTHE MADRAS ADVERTISING CO.PVT.LTD.AAACT0745JOther related partyAny other transactionReceiving of Services25Approved at the Audit Committee Meeting held on 17.06.20212.36-4.93-2Textual Information(27)
28BIMETAL BEARINGS LIMILTEDAAACB2036QWHEEL & PRECISION FORGINGS (I) LTD.AAACW0704COther related partyAny other transactionLease30Approved at the Audit Committee Meeting held on 17.06.20214.21.940Textual Information(28)
29BIMETAL BEARINGS LIMILTEDAAACB2036QA.KRISHNAMOORTHY AABPK7087JPromotersAny other transactionRemuneration and other employee benefits0Approved at the Audit Committee Meeting held on 27.05.202258.4800Textual Information(29)
30BIMETAL BEARINGS LIMILTEDAAACB2036QS.NARAYANANABKPN4582FKey management personnel of entity or parentAny other transactionRemuneration and other employee benefits0Approved at the Audit Committee Meeting held on 27.05.202250.8800Textual Information(30)
31BIMETAL BEARINGS LIMILTEDAAACB2036QR.NATARAJANAQAPN6991PKey management personnel of entity or parentAny other transactionRemuneration and other employee benefits0Approved at the Audit Committee Meeting held on 27.05.202215.0200Textual Information(31)
32BIMETAL BEARINGS LIMILTEDAAACB2036QK.VIDHYASHANKARABIPV5016CKey management personnel of entity or parentAny other transactionRemuneration and other employee benefits0Approved at the Audit Committee Meeting held on 27.05.202213.8600Textual Information(32)
33BIMETAL 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 27.05.20221.100Textual Information(33)
34BIMETAL BEARINGS LIMILTEDAAACB2036QR.VIJAYARAGHAVANAAFPV6706PKey management personnel of entity or parentAny other transactionSitting Fees and Commission paid to Non-executive/ Independent DirectorApproved at the Audit Committee Meeting held on 27.05.2022100Textual Information(34)
35BIMETAL BEARINGS LIMILTEDAAACB2036QDr.SANDHYA SHEKHARALCPS0021NKey management personnel of entity or parentAny other transactionSitting Fees and Commission paid to Non-executive/ Independent DirectorApproved at the Audit Committee Meeting held on 27.05.20220.300Textual Information(35)
36BIMETAL BEARINGS LIMILTEDAAACB2036QP.S.RAJAMANIAAAPR3543DKey management personnel of entity or parentAny other transactionSitting Fees and Commission paid to Non-executive/ Independent DirectorApproved at the Audit Committee Meeting held on 27.05.20220.400Textual Information(36)
37BIMETAL BEARINGS LIMILTEDAAACB2036QTHE UNITED NILGIRIS TEA ESTATES LTDAABCT1206HOther related partyDividend received20Approved at the Audit Committee Meeting held on 17.06.20210.1700Textual Information(37)
38BIMETAL BEARINGS LIMILTEDAAACB2036QIP RINGS LIMITEDAAACI0908COther related partyAny other transactionRent received100Approved at the Audit Committee Meeting held on 06.08.202226.2500Textual Information(38)
39BIMETAL BEARINGS LIMILTEDAAACB2036QRASHMI HEMANT URDHWARESHEAABPU6832FKey management personnel of entity or parentAny other transactionSitting Fees and Commission paid to Non-executive/ Independent Director0Approved at the Audit Committee Meeting held on 17.06.20210.300Textual Information(39)
40BIMETAL BEARINGS LIMILTEDAAACB2036QAMALGAMATIONS REPCO LTD.AADCA8200EOther related partyAny other transactionEquity Investment40Approved at the Audit Committee Meeting held on 17.06.2021595.300Textual Information(40)
41BIMETAL BEARINGS LIMILTEDAAACB2036QTHE UNITED NILGIRIS TEA ESTATES LTDAABCT1206HOther related partyAny other transactionEquity Investment20Approved at the Audit Committee Meeting held on 17.06.202146.5600Textual Information(41)
42BIMETAL BEARINGS LIMILTEDAAACB2036QBBL DAIDO PVT LTD.AABCB7452KJoint ventures where entity is venturerAny other transactionEquity Investment1900Approved at the Audit Committee Meeting held on 10.11.2022794.7600Textual Information(42)
43BIMETAL BEARINGS LIMILTEDAAACB2036QSTANES AMALGAMATED ESTATES LIMITEDAACCS7196QOther related partyAny other transactionEquity Investment10Approved at the Audit Committee Meeting held on 17.06.20216.8900Textual Information(43)
Total value of transaction during the reporting period3539.32