General information about company | |
| Name of The Company | J. L. MORISON (INDIA) LIMITED |
| BSE Scrip Code | 506522 |
| NSE Symbol | |
| MSE Symbol | |
| Date of Start of Financial Year | 01-04-2021 |
| Date of End of Financial Year | 31-03-2022 |
| Reporting Period | First half yearly |
| Date of Start of Reporting Period | 01-04-2021 |
| Date of End of Reporting Period | 30-09-2021 |
| Level of rounding used in financial results | Lakhs |
| 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 | Sr | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | ||
| Name of the related party | Hindustan Composites Limited | Pallawi Resources Private Limited (Formerly Pallawi Resources Limited) | Mrs. Shashi Mody | Rasoi Express Private Limited | Sun Light Marketing Services LLP | Leaders Healthcare Limited | Rasoi Limited | Noble Business Solutions Limited | Mr Sohan Sarda | Mr Ravindra Gajelli | Ms Sonal Naik | Mr Ravi Vaishnav | Mr Raghu Nandan Mody | Mr Sanjay Kothari | Mr Dinesh Sharma | Mr Lalit Kumar Bararia | Mrs Annapurna Dubey | |||
| Categories of related parties | Promoters | Promoters | Promoters Group | Promoters Group | Promoters | Promoters | Promoters | Promoters | Key management personnel of entity or parent | Key management personnel of entity or parent | Key management personnel of entity or parent | Key management personnel of entity or parent | Promoters | Key management personnel of entity or parent | Key management personnel of entity or parent | Key management personnel of entity or parent | Key management personnel of entity or parent | |||
| description of relationship | Promoters holding 10% or more shareholding in the Company | Promoter | Daughter-in-law of Mr. Raghu Nandan Mody, Non Executive Director | Promoters Group | Promoter | Promoter | Promoters holding 10% or more shareholding in the Company | Promoter | Executive Director & CEO | Chief Financial Officer | Company Secretary & Compliance Officer | Company Secretary & Compliance Officer | Promoter, Non-Executive and Non-Independent Director | Non-Executive Independent Director | Non-Executive Independent Director | Non-Executive Independent Director | Non-Executive Independent Director | |||
| PAN of related party | AAACH0973N | AABCP7787P | AFAPM6607C | AABCR3487L | ADYFS1706N | AAACL4544K | AABCR4050P | AACCN3447K | ANBPS6552K | AFCPG2859Q | ASFPN6597A | AFVPV8850K | AEXPM8474P | AADPK2102L | AJAPS3139H | ACWPB8525H | AETPT1373A | |||
| CIN of related party | L29120MH1964PLC012955 | U34103WB1981PLC034077 | U63040WB1995PTC075844 | U65993WB1986PLC041120 | U25190WB1905PLC001594 | U74110WB1975PLC030104 | ||||||||||||||
B. Details of related party transactions | Purchase of goods and services | 723.2 | 604.73 | |||||||||||||||||
| Sale of goods and services | ||||||||||||||||||||
| Purchase of fixed assets | ||||||||||||||||||||
| Sale of fixed assets | ||||||||||||||||||||
| Rendering of services | ||||||||||||||||||||
| Receiving of services | 28.32 | 4.93 | 9.9 | |||||||||||||||||
| Leases | 7.26 | 0.39 | ||||||||||||||||||
| Loans and advances given | ||||||||||||||||||||
| Loans and advances taken | ||||||||||||||||||||
| Loans and advances given that are repaid | 130 | 225 | ||||||||||||||||||
| 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 | 0.86 | 2.61 | ||||||||||||||||||
| Interest paid | ||||||||||||||||||||
| Dividend income | 22.15 | |||||||||||||||||||
| Dividend paid | ||||||||||||||||||||
| Management contracts including for deputation of employees | ||||||||||||||||||||
| Settlement of liabilities by entity on behalf of related party | ||||||||||||||||||||
Remuneration | Short term employee benefits | 30.23 | 11.57 | 2.58 | 0.43 | |||||||||||||||
| Post employment benefits | 2.06 | 0.77 | 0.12 | 0.02 | ||||||||||||||||
| Other long-term benefits | ||||||||||||||||||||
| Termination benefits | 0.36 | |||||||||||||||||||
| Share based payments | ||||||||||||||||||||
| Others | 0.5 | 0.2 | 0.2 | 0.9 | ||||||||||||||||
C. Outstanding balances | Receivables | Secured | ||||||||||||||||||
| Un Secured | 19.94 | |||||||||||||||||||
Payables | Secured | |||||||||||||||||||
| Un Secured | 12.96 | 0.4 | 1.91 | 25.55 | 37.18 | 3.07 | 1.33 | 1.04 | 0.4 | |||||||||||
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 | Secured | |||||||||||||||||||
| Un Secured | 1260.81 | 1038.86 | ||||||||||||||||||
Provision for doubtful debt | Secured | |||||||||||||||||||
| Un Secured | ||||||||||||||||||||
Note | 1) Details of related party transactions under Lease represents amount of Rs. 7.26 Lakhs received as Rent;
2) Outstanding Receivables - unsecured of Rs. 19.94 Lakhs is Dividend after deducting TDS;
3) Outstanding balances - Investment in equity unsecured of Rs.1260.81 Lakhs is investment value at cost;
4) All related party transactions entered during the half year were in ordinary course of the business;
5) No amounts in respect of related parties have been written off / written back, nor has any provision been made for doubtful debts / receivables during the half year;
6) Related party relationships have been identified by the management and relied upon by the Auditors.
| 1) Details of related party transactions under Lease represents amount of Rs. 0.39 Lakh paid as Rent (inclusive of GST);
2) All related party transactions entered during the half year were in ordinary course of the business;
3) No amounts in respect of related parties have been written off / written back, nor has any provision been made for doubtful debts / receivables during the half year;
4) Related party relationships have been identified by the management and relied upon by the Auditors. | 1) Amount of Rs. 28.32 Lakhs paid is in respect of services availed by the Company and is inclusive of GST;
2) Outstanding Payables - unsecured of Rs. 12.96 Lakhs represents amount payable in respect of services availed by the Company;
3) All related party transactions entered during the half year were in ordinary course of the business;
4) No amounts in respect of related parties have been written off / written back, nor has any provision been made for doubtful debts / receivables during the half year;
5) Related party relationships have been identified by the management and relied upon by the Auditors. | 1) Amount of Rs. 4.93 Lakhs paid is in respect of services availed by the Company and is inclusive of GST; 2) Outstanding Payables - unsecured of Rs. 0.40 Lakh represents amount payable in respect of services availed by the Company; 3) All related party transactions entered during the half year were in ordinary course of the business; 4) No amounts in respect of related parties have been written off / written back, nor has any provision been made for doubtful debts / receivables during the half year;
5) Related party relationships have been identified by the management and relied upon by the Auditors.
| 1) Outstanding Payables - unsecured of Rs. 1.91 Lakhs represents payable in respect of services availed by the Company;
2) All related party transactions entered during the half year were in ordinary course of the business;
3) No amounts in respect of related parties have been written off / written back, nor has any provision been made for doubtful debts / receivables during the half year;
4) Related party relationships have been identified by the management and relied upon by the Auditors. | 1) Amount of Rs. 723.20 Lakhs is paid in respect of goods purchased by the Company and is inclusive of GST;
2) Outstanding Payables - unsecured of Rs. 25.55 Lakhs represents amount payable in respect of goods purchased by the Company;
3) All related party transactions entered during the half year were in ordinary course of the business;
4) No amounts in respect of related parties have been written off / written back, nor has any provision been made for doubtful debts / receivables during the half year;
5) Related party relationships have been identified by the management and relied upon by the Auditors. | 1) Amount of Rs. 604.73 Lakhs paid is in respect of goods purchased by the Company and is inclusive of GST; 2) Outstanding Payables - unsecured of Rs. 37.18 Lakhs represents payable in respect of goods purchased by the Company; 3) Outstanding balances - Investment in equity unsecured of Rs.1038.86 Lakhs is investment value at cost; 4) All related party transactions entered during the half year were in ordinary course of the business;
5) No amounts in respect of related parties have been written off / written back, nor has any provision been made for doubtful debts / receivables during the half year;
6) Related party relationships have been identified by the management and relied upon by the Auditors. | 1) All related party transactions entered during the half year were in ordinary course of the business.
2) No amounts in respect of related parties have been written off / written back, nor has any provision been made for doubtful debts / receivables during the half year.
3) Related party relationships have been identified by the management and relied upon by the Auditors. | 1) All related party transactions entered during the half year were in ordinary course of the business;
2) No amounts in respect of related parties have been written off / written back, nor has any provision been made for doubtful debts / receivables during the half year;
3) Related party relationships have been identified by the management and relied upon by the Auditors. | 1) All related party transactions entered during the half year were in ordinary course of the business;
2) No amounts in respect of related parties have been written off / written back, nor has any provision been made for doubtful debts / receivables during the half year;
3) Related party relationships have been identified by the management and relied upon by the Auditors. | 1) Resigned from the position of Company Secretary and Compliance Officer of the Company w.e.f. close of business hours of 16.09.2021;
2) Amount of Rs. 3.06 Lakhs represents the remuneration (including Leave encashment) upto 16.09.2021;
3) All related party transactions entered during the half year were in ordinary course of the business;
4) No amounts in respect of related parties have been written off / written back, nor has any provision been made for doubtful debts / receivables during the half year;
5) Related party relationships have been identified by the management and relied upon by the Auditors. | 1) Appointed as Company Secretary and Compliance Officer of the Company w.e.f. 17.09.2021;
2) Amount of Rs. 0.45 Lakh represents the remuneration for the period from 17.09.2021 to 30.09.2021; 3) All related party transactions entered during the half year were in ordinary course of the business;
4) No amounts in respect of related parties have been written off / written back, nor has any provision been made for doubtful debts / receivables during the half year;
5) Related party relationships have been identified by the management and relied upon by the Auditors. | 1) Mr. Raghu Nandan Mody has waived the sitting fees for attending the Board and Committee Meetings; 2) All related party transactions entered during the half year were in ordinary course of the business; 3) No amounts in respect of related parties have been written off / written back, nor has any provision been made for doubtful debts / receivables during the half year;
4) Related party relationships have been identified by the management and relied upon by the Auditors.
| 1) Details of Related Party Transactions - Others of Rs. 0.50 Lakh represents sitting fees paid and is exclusive of GST;
2) All related party transactions entered during the half year were in ordinary course of the business;
3) No amounts in respect of related parties have been written off / written back, nor has any provision been made for doubtful debts / receivables during the half year;
4) Related party relationships have been identified by the management and relied upon by the Auditors. | 1) Details of Related Party Transactions - Others of Rs. 0.20 Lakh represents sitting fees and is exclusive of GST;
2) All related party transactions entered during the half year were in ordinary course of the business;
3) No amounts in respect of related parties have been written off / written back, nor has any provision been made for doubtful debts / receivables during the half year;
4) Related party relationships have been identified by the management and relied upon by the Auditors. | 1) Details of Related Party Transactions - Others of Rs. 0.20 Lakh represents sitting fees and is exclusive of GST;
2) All related party transactions entered during the half year were in ordinary course of the business;
3) No amounts in respect of related parties have been written off / written back, nor has any provision been made for doubtful debts / receivables during the half year;
4) Related party relationships have been identified by the management and relied upon by the Auditors. | 1) Details of Related Party Transactions - Others of Rs. 0.90 Lakh represents sitting fees and is exclusive of GST;
2) All related party transactions entered during the half year were in ordinary course of the business;
3) No amounts in respect of related parties have been written off / written back, nor has any provision been made for doubtful debts / receivables during the half year;
4) Related party relationships have been identified by the management and relied upon by the Auditors. | |||