General information about company

Name of The CompanyVisaka Industries limited
BSE Scrip Code509055
NSE SymbolVISAKAIND
MSE SymbolNOTLISTED
Date of Start of Financial Year01-04-2023
Date of End of Financial Year31-03-2024
Reporting PeriodSecond half yearly
Date of Start of Reporting Period01-10-2023
Date of End of Reporting Period31-03-2024
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/publicYes
(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.No
(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)
1Visaka Industries LimitedAAACV7263KMrs. G.Saroja VivekanandAFSPG1566L Key Managerial PersonnelRemunerationNA95.5100Textual Information(1)
2Visaka Industries LimitedAAACV7263KMr.G.Vamsi KrishnaARKPK1655L Key Managerial PersonnelRemunerationNA65.2100Textual Information(2)
3Visaka Industries LimitedAAACV7263KMr.J.Pruthvidhar RaoADQPJ4351A Key Managerial PersonnelRemunerationNA180.3500Textual Information(3)
4Visaka Industries LimitedAAACV7263KMr.S.ShafiullaAJRPS3098J Key Managerial PersonnelRemunerationNA35.6100Textual Information(4)
5Visaka Industries LimitedAAACV7263KMr. K. Ramakanth AEOPK0024Q Key Managerial PersonnelRemunerationNA1800Textual Information(5)
6Visaka Industries LimitedAAACV7263KDr. G.VivekanandACVPG2011QDirectorAny other transactionCommission and sitting feeNA15.600Textual Information(6)
7Visaka Industries LimitedAAACV7263KMr. Gusti NoriaABFPN1327HDirectorAny other transactionCommission and sitting feeNA16.6500Textual Information(7)
8Visaka Industries LimitedAAACV7263KMr. P. Srikar Reddy AAJPR9128HDirectorAny other transactionCommission and sitting feeNA16.500Textual Information(8)
9Visaka Industries LimitedAAACV7263KMr. Gogineni Appnender Babu AAPPG2793KDirectorAny other transactionCommission and sitting feeNA15.900Textual Information(9)
10Visaka Industries LimitedAAACV7263KMrs. G.Vritika AKDPG6606RDaughter of Mrs. Saroja VivekanandInterest paidNA2.8800Textual Information(10)
11Visaka Industries LimitedAAACV7263KMrs. G.Vaishnavi ANXPG4695FDaughter of Mrs. Saroja VivekanandInterest paidNA2.2700Textual Information(11)
12Visaka Industries LimitedAAACV7263KMr. G.Venkat Krishna ASXPG9576CSon of Mrs. Saroja VivekanandInterest paidNA0.2900Textual Information(12)
13Visaka Industries LimitedAAACV7263KMrs. K.Vimala BQMPK8211NMother of Mrs. Saroja VivekanandInterest paidNA1.2600Textual Information(13)
14Visaka Industries LimitedAAACV7263KMr. J Pruthvidhar RaoADQPJ4351AKey Managerial PersonnelInterest paidNA2.0100Textual Information(14)
15Visaka Industries LimitedAAACV7263KMrs. J. Asha LathaAORPJ2515CSpouce of Mr. J.Pruthvidhar RaoInterest paidNA2.3800Textual Information(15)
16Visaka Industries LimitedAAACV7263KDr. G.VivekanandACVPG2011QDirectorAny other transactionLoan repaidNA3503500Loan0.095Less than six monthsUnsecured Short term business requirementTextual Information(16)
17Visaka Industries LimitedAAACV7263KDr. G.VivekanandACVPG2011QDirectorAny other transactionInterest on un secured loanNA1.6100Textual Information(17)
18Visaka Industries LimitedAAACV7263KMrs. G.Saroja VivekanandAFSPG1566L Key Managerial PersonnelAny other transactionLoan received100001.04.202380000Loan0.095Less than six monthsUnsecured Short term business requirementTextual Information(18)
19Visaka Industries LimitedAAACV7263KMrs. G.Saroja VivekanandAFSPG1566L Key Managerial PersonnelAny other transactionLoan repaidNA80000Textual Information(19)
20Visaka Industries LimitedAAACV7263KMrs. G.Saroja VivekanandAFSPG1566L Key Managerial PersonnelAny other transactionInterest on un secured loanNA10.1200Textual Information(20)
21Visaka Industries LimitedAAACV7263KArudra Roofings Private limitedAABCV1454DEnterprises in which key managerial personnel and/or their relatives have control:Any other transactionRent expensesNA15.68015.68Textual Information(21)
22Visaka Industries LimitedAAACV7263KVIL Media Private limitedAABCV1454DEnterprises in which key managerial personnel and/or their relatives have control:Any other transactionAdvertisement expenses120001.04.2023175.5200Textual Information(22)
23Visaka Industries LimitedAAACV7263KVIL Media Private limitedAABCV1454DEnterprises in which key managerial personnel and/or their relatives have control:Any other transactionAdvertisement expenses (Advance adjusted against Advertisement expenses)NA247.34247.340Textual Information(23)
24Visaka Industries LimitedAAACV7263KVisaka Green Private limitedAAHCV3569KSubsidiary companyAny other transactionSales returnsNA151.5600Textual Information(24)
25Visaka Industries LimitedAAACV7263KVisaka Green Private limitedAAHCV3569KSubsidiary companyAny other transactionRent incomeNA0.1800Textual Information(25)
26Visaka Industries LimitedAAACV7263KVisaka Green Private limitedAAHCV3569KSubsidiary companyAny other transactionLease paymentNA6.0696.1293.48Textual Information(26)
27Visaka Industries LimitedAAACV7263KVisaka Green Private limitedAAHCV3569KSubsidiary companyAny other transactionCreditorNA0672.99411.3Textual Information(27)
28Visaka Industries LimitedAAACV7263KVisaka Green Private limitedAAHCV3569KSubsidiary companyAny other transactionInvestmentNA0651651Textual Information(28)
29Visaka Industries LimitedAAACV7263KAtum Life Private limitedAAHCV3569KSubsidiary companyAny other transactionInvestment (conversion of loan into equity)NA146.5633779.5Investment 0.15 yearsUnsecured working capitalTextual Information(29)
30Visaka Industries LimitedAAACV7263KAtum Life Private limitedAAHCV3569KSubsidiary companySale of goods or servicesNA4.9829.552.32Textual Information(30)
31Visaka Industries LimitedAAACV7263KAtum Life Private limitedAAHCV3569KSubsidiary companyAny other transactionRent income2401-04-202310.200Textual Information(31)
32Visaka Industries LimitedAAACV7263KAtum Life Private limitedAAHCV3569KSubsidiary companyAny other transactionInterest income on ICDNA5.7500Textual Information(32)
33Visaka Industries LimitedAAACV7263KAtumobile Private LimitedAATCA1057HEnterprises in which key managerial personnel and/or their relatives have control:Any other transactionRent income9.601-04-20239.609.6Textual Information(33)
34Visaka Industries LimitedAAACV7263KMrs. G.Vritika AKDPG6606RDaughter of Mrs. Saroja VivekanandAny other transactionPublic deposits outstandingNA060.3460.34Textual Information(34)
35Visaka Industries LimitedAAACV7263KMrs. G.Vaishnavi ANXPG4695FDaughter of Mrs. Saroja VivekanandAny other transactionPublic deposits outstanding50001.04.2023046.6446.64Textual Information(35)
36Visaka Industries LimitedAAACV7263KMr. G.Venkat Krishna ASXPG9576CSon of Mrs. Saroja VivekanandAny other transactionPublic deposits outstandingNA066Textual Information(36)
37Visaka Industries LimitedAAACV7263KMrs. K.Vimala BQMPK8211NMother of Mrs. Saroja VivekanandAny other transactionPublic deposits outstandingNA02525Textual Information(37)
38Visaka Industries LimitedAAACV7263KMr. J Pruthvidhar RaoADQPJ4351AKey Managerial PersonnelAny other transactionPublic deposits outstanding10001.04.202304040Textual Information(38)
39Visaka Industries LimitedAAACV7263KMrs. J. Asha LathaAORPJ2515CSpouce of Mr. J.Pruthvidhar RaoAny other transactionPublic deposits outstanding10001.04.202305050Textual Information(39)
Total value of transaction during the reporting period3205.52