General information about company | |
Name of The Company | Paramount Communications Limited |
BSE Scrip Code | 530555 |
NSE Symbol | PARACABLES |
MSE Symbol | NOT LISTED |
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 | ||
Name of the related party | S S Aggarwal HUF | Valens technologies Private Limited | Paramount Telecables Limited | Mr. Sanjay Aggarwal | Mr. Sandeep Aggarwal | Mr. Shambhu Kumar Agarwal | Ms. Rashi Goel | |||
Categories of related parties | Other related party | Other related party | Other related party | 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 | Mr. Sanjay Aggarwal,KARTA of HUF is the promoter and Director of the Company | Relative of Mr. Sanjay Aggarwal and Mr. Sandeep Aggarwal, Directors of the Company is Director and Member of Valens technologies Private Limited | Common Control Exist | CEO and Promoter | Managing Director and Promoter | Chief Finance Officer | Company Secretary | |||
PAN of related party | AAAHS5637K | AAECV9344B | AAACP7201P | AACPA7574P | AACPA7575N | ACEPA9332M | AUTPA8137H | |||
CIN of related party | U31509DL2014PTC267212 | U74899DL1994PLC059655 | ||||||||
B. Details of related party transactions | Purchase of goods and services | 8937000 | ||||||||
Sale of goods and services | 180000 | |||||||||
Purchase of fixed assets | ||||||||||
Sale of fixed assets | ||||||||||
Rendering of services | ||||||||||
Receiving of services | ||||||||||
Leases | 150000 | 375000 | 13333332 | |||||||
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 | 5463564 | |||||||||
Dividend income | ||||||||||
Dividend paid | ||||||||||
Management contracts including for deputation of employees | ||||||||||
Settlement of liabilities by entity on behalf of related party | ||||||||||
Remuneration | Short term employee benefits | 8916827 | 8911327 | 1608148 | 515488 | |||||
Post employment benefits | ||||||||||
Other long-term benefits | ||||||||||
Termination benefits | ||||||||||
Share based payments | ||||||||||
Others | ||||||||||
C. Outstanding balances | Receivables | Secured | ||||||||
Un Secured | ||||||||||
Payables | Secured | |||||||||
Un Secured | 14551913 | 127682688 | ||||||||
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 | ||||||||||
Provision for doubtful debt | Secured | |||||||||
Un Secured | ||||||||||
Note | Outstanding balances of Unsecured payables includes Lease Liability and Finance Lease Obligations of Rs. 12,71,17,024/- in accordance with IND AS. Interest Paid include Lease Interest Cost of Rs. 54,63,564/- as in accordance with IND AS. |