Integrated Filing — IndAS



General information about company

Scrip Code 539044
NSE Symbol MANAKSTEEL
MSEI Symbol NOTLISTED
ISIN INE824Q01011
Name of company MANAKSIA STEELS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 28-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 21-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Metals
Start date and time of board meeting 28-May-2025   18:00:00
End date and time of board meeting 28-May-2025   19:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
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/public NA
(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 banks 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
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.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-02-12
Indicate Company website link for updated RPT policy of the Company https://www.manaksiasteels.com/Policy-on-Related-Party-Transactions.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
The disclosure for default on loans & debt securities is not applicable to the entity.



Financial Results Ind-AS

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 1901319000 5841809000
Other income 8548000 136374000
Total income 1909867000 5978183000
2 Expenses
(a) Cost of materials consumed 1735084000 5258727000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -109278000 -191771000
(d) Employee benefit expense 40326000 163926000
(e) Finance costs 32689000 81993000
(f) Depreciation, depletion and amortisation expense 11691000 48546000
(f) Other Expenses
1 Other Expenses 158213000 490433000
Total other expenses 158213000 490433000
Total expenses 1868725000 5851854000
3 Total profit before exceptional items and tax 41142000 126329000
4 Exceptional items 0 0
5 Total profit before tax 41142000 126329000
6 Tax expense
7 Current tax 5979000 15479000
8 Deferred tax -8132000 -6176000
9 Total tax expenses -2153000 9303000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 43295000 117026000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 43295000 117026000
17 Other comprehensive income net of taxes -93250000 -145047000
18 Total Comprehensive Income for the period -49955000 -28021000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 65534000 65534000
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 2996158000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.66 1.79
Diluted earnings (loss) per share from continuing operations 0.66 1.79
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.66 1.79
Diluted earnings (loss) per share from continuing and discontinued operations 0.66 1.79
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) (a) The Financial Results of the Company for the Quarter and Year ended 31st March, 2025 have been reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company in their respective meetings held on 28th May, 2025. The Statutory Auditors of the Company have carried out Audit of these results and the results are being published in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. n(b) The Consolidated Financial Results comprise of Manaksia Steels Limited, its wholly owned subsidiary, Federated Steel Mills Limited, Far East Steel Industries Limited and Sumo Agrochem Limited. n(c) As the Company business activity falls within a single primary business segment, viz., Metals, the disclosure requirements of Ind AS 108, Operating Segments, are not applicable. n(d) Comparative figures have been rearranged / regrouped wherever necessary. n(e) Exceptional Items constitute Income/(Expense) n nStandalone nPaticulars 31st Mar 24(FY) nReversal of Entry Tax Provision on account of SOD 285.15 nForeign Exchange Loss on Devaluation of Nigerian Cur. - nTotal Exception Items 285.15 n nConsolidated nPaticulars 31st Mar 25(Qtr) 31st Dec 24(Qtr) 31st Mar 24(Qtr) n Reversal of Entry Tax Provision on account of SOD - - - nForeign Exchange Loss on Devaluation of Nigerian Cur. (0.31) (8.86) (142.45) nTotal Exception Items (0.31) (8.86) (142.45) n nConsolidated nPaticulars 31st Mar 25(FY) 31st Mar 24(FY) n Reversal of Entry Tax Provision on account of SOD - 285.15 nForeign Exchange Loss on Devaluation of Nigerian Cur. (73.06) (291.04) nTotal Exception Items (73.06) (5.89) n n nDue to continued volatility resulting from significant devaluation of the Nigerian currency, the Group has incurred foreign exchange losses in its subsidiary companies based in Nigeria. These losses have been reported as an exceptional item in the Groups consolidated financial results. n(f) The figures for the quarter ended 31st March 2025 and 31st March 2024, are the balancing figures between audited figures in respect of full financial year and year to date unaudited figures upto the third quarter of respective financial year which were subject to Limited Review. n(g) The above Financial Results of the Company for the Quarter and Year ended 31st March, 2025 are available at the Company website www.manaksiasteels.com and websites of all Stock Exchanges, where the Equity shares of the Company are listed.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 522885000
Capital work-in-progress 925212000
Investment property 0
Goodwill 0
Other intangible assets 0
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 475399000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 1839000
Total non-current financial assets 477238000
Deferred tax assets (net) 0
Other non-current assets 3708000
Total non-current assets 1929043000
2 Current assets
Inventories 1328547000
Current financial asset
Current investments 1049173000
Trade receivables, current 380509000
Cash and cash equivalents 79682000
Bank balance other than cash and cash equivalents 203959000
Loans, current 0
Other current financial assets 15999000
Total current financial assets 1729322000
Current tax assets (net) 10317000
Other current assets 451039000
Total current assets 3519225000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 5448268000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 65534000
Other equity 2996158000
Total equity attributable to owners of parent 3061692000
Non controlling interest
Total equity 3061692000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 16058000
Total non-current financial liabilities 16058000
Provisions, non-current 11742000
Deferred tax liabilities (net) 59146000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 86946000
Current liabilities
Current financial liabilities
Borrowings, current 2036507000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 14410000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 181554000
Total Trade payable 195964000
Other current financial liabilities 51956000
Total current financial liabilities 2284427000
Other current liabilities 8931000
Provisions, current 6272000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 2299630000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 2386576000
Total equity and liabilites 5448268000
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block

Textual Information(1) (a) The Financial Results of the Company for the Quarter and Year ended 31st March, 2025 have been reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company in their respective meetings held on 28th May, 2025. The Statutory Auditors of the Company have carried out Audit of these results and the results are being published in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. n(b) The Consolidated Financial Results comprise of Manaksia Steels Limited, its wholly owned subsidiary, Federated Steel Mills Limited, Far East Steel Industries Limited and Sumo Agrochem Limited. n(c) As the Company business activity falls within a single primary business segment, viz., Metals, the disclosure requirements of Ind AS 108, Operating Segments, are not applicable. n(d) Comparative figures have been rearranged / regrouped wherever necessary. n(e) Exceptional Items constitute Income/(Expense) n nStandalone nPaticulars 31st Mar 24(FY) nReversal of Entry Tax Provision on account of SOD 285.15 nForeign Exchange Loss on Devaluation of Nigerian Cur. - nTotal Exception Items 285.15 n nConsolidated nPaticulars 31st Mar 25(Qtr) 31st Dec 24(Qtr) 31st Mar 24(Qtr) n Reversal of Entry Tax Provision on account of SOD - - - nForeign Exchange Loss on Devaluation of Nigerian Cur. (0.31) (8.86) (142.45) nTotal Exception Items (0.31) (8.86) (142.45) n nConsolidated nPaticulars 31st Mar 25(FY) 31st Mar 24(FY) n Reversal of Entry Tax Provision on account of SOD - 285.15 nForeign Exchange Loss on Devaluation of Nigerian Cur. (73.06) (291.04) nTotal Exception Items (73.06) (5.89) n n nDue to continued volatility resulting from significant devaluation of the Nigerian currency, the Group has incurred foreign exchange losses in its subsidiary companies based in Nigeria. These losses have been reported as an exceptional item in the Groups consolidated financial results. n(f) The figures for the quarter ended 31st March 2025 and 31st March 2024, are the balancing figures between audited figures in respect of full financial year and year to date unaudited figures upto the third quarter of respective financial year which were subject to Limited Review. n(g) The above Financial Results of the Company for the Quarter and Year ended 31st March, 2025 are available at the Company website www.manaksiasteels.com and websites of all Stock Exchanges, where the Equity shares of the Company are listed.



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 (a) Remeasurement Gains/(Losses) on Post Employment Defined Benefit Plans -636000 -636000
2 (b) Gains/(Losses) from Investments in Equity Instruments designated at FVTOCI -97760000 -158200000
Total Amount of items that will not be reclassified to profit and loss -98396000 -158836000
2 Income tax relating to items that will not be reclassified to profit or loss -5146000 -13789000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income -93250000 -145047000



Cash flow statement, indirect

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 126329000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 81993000
Adjustments for decrease (increase) in inventories 20716000
Adjustments for decrease (increase) in trade receivables, current -122463000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -147425000
Adjustments for decrease (increase) in other non-current assets 142029000
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 1161000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 110086000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 2685000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 48546000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 359000
Adjustments for provisions, non-current 341000
Adjustments for other financial liabilities, current 22157000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 51000
Adjustments for interest income 16288000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 66608000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow -109523000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items -76070000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 24861000
Net cash flows from (used in) operations 151190000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 19372000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 131818000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 24171000
Purchase of property, plant and equipment 689205000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 500000
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 51000
Interest received 23330000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 450391000
Net cash flows from (used in) investing activities -190762000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 207554000
Repayments of borrowings 0
Payments of lease liabilities 5141000
Dividends paid 0
Interest paid 83883000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 118530000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 59586000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 59586000
Cash and cash equivalents cash flow statement at beginning of period 20096000
Cash and cash equivalents cash flow statement at end of period 79682000





Details of Impact of Audit Qualification

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 S K AGRAWAL AND CO. CHARTERED ACCOUNTANTS LLP Yes 31-Jul-2025


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Sr No. 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.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Manaksia Steels Limited Ramesh Kumar Maheshwari Independent Director Any other transaction Sitting Fees As approved by the Audit Committee, Nomination and Remuneration Committee & Board of Directors 105000 0 0
2 Manaksia Steels Limited Suresh Kumar Agrawal Non Executive Director Any other transaction Sitting Fees As approved by the Audit Committee, Nomination and Remuneration Committee & Board of Directors 67000 0 0
3 Manaksia Steels Limited Nidhi Baheti Independent Woman Director Any other transaction Sitting Fees As approved by the Audit Committee, Nomination and Remuneration Committee & Board of Directors 112000 0 0
4 Manaksia Steels Limited Mrinal Kanti Pal Non Executive Director Any other transaction Sitting Fees As approved by the Audit Committee, Nomination and Remuneration Committee & Board of Directors 30000 0 0
5 Manaksia Steels Limited Biswanath Bhattacharjee Independent Director Any other transaction Sitting Fees As approved by the Audit Committee, Nomination and Remuneration Committee & Board of Directors 60000 0 0
6 Manaksia Steels Limited Varun Agrawal Managing Director Remuneration 24000000 As approved by the Audit Committee, Nomination and Remuneration Committee, Board of Directors & Shareholders 12000000 0 0
7 Manaksia Steels Limited Vineet Agrawal Chief Executive Officer Remuneration 22800000 As approved by the Audit Committee, Nomination and Remuneration Committee, Board of Directors & Shareholders 11400000 0 0
8 Manaksia Steels Limited Rajesh Singhania Chief Financial Officer Remuneration As approved by the Audit Committee, Nomination and Remuneration Committee, Board of Directors 1138000 0 0
9 Manaksia Steels Limited Ajay Sharma Company Secretary Remuneration As approved by the Audit Committee, Nomination and Remuneration Committee, Board of Directors 312000 0 0
10 Manaksia Steels Limited Rajesh Singhania Chief Financial Officer Advance Refer Note -675000 5288000 4613000 Textual Information(1)
11 Manaksia Steels Limited Ajay Sharma Company Secretary Advance Refer Note -20000 20000 0 Textual Information(2)
12 Manaksia Steels Limited Federated Steel Mills Limited Entities with joint control or significant influence over entity Sale of goods or services 50000000 As approved by the Audit Committee & Board of Directors 0 1137000 0
13 Manaksia Steels Limited Bankura Machinery Private Limited Entities with joint control or significant influence over entity Any other transaction Rental Income 1243000 As approved by the Audit Committee & Board of Directors 622000 0 0
14 Manaksia Steels Limited Vajra Machineries Private Limited Entities with joint control or significant influence over entity Purchase of goods or services 450000000 As approved by the Audit Committee & Board of Directors 28140000 1047000 22086000
15 Manaksia Steels Limited Manaksia Aluminium Company Limited Entities with joint control or significant influence over entity Purchase of goods or services 20000000 As approved by the Audit Committee & Board of Directors 313000 0 106000
16 Manaksia Steels Limited Bankura Machinery Private Limited Entities with joint control or significant influence over entity Purchase of goods or services 60000000 As approved by the Audit Committee & Board of Directors 1741000 0 0
17 Manaksia Steels Limited Leadstone Energy Limited Other related party Purchase of goods or services 50000000 As approved by the Audit Committee & Board of Directors 3334000 0 0
18 Manaksia Steels Limited Manaksia Limited Entities with joint control or significant influence over entity Sale of goods or services 750000000 As approved by the Audit Committee & Board of Directors & Shareholders 169763000 21781000 7136000
19 Manaksia Steels Limited MINL Limited Entities with joint control or significant influence over entity Sale of goods or services 1200000000 As approved by the Audit Committee & Board of Directors & Shareholders 538109000 115652000 124183000
20 Manaksia Steels Limited Manaksia Aluminium Company Limited Entities with joint control or significant influence over entity Sale of goods or services 30000000 As approved by the Audit Committee & Board of Directors 24000 918000 24000
21 Manaksia Steels Limited Sumo Steels Limited Entities with joint control or significant influence over entity Sale of goods or services 2500000000 As approved by the Audit Committee & Board of Directors & Shareholders 322137000 0 84959000
22 Manaksia Steels Limited Jebba Paper Mills Limited Entities with joint control or significant influence over entity Sale of goods or services 200000000 As approved by the Audit Committee & Board of Directors 15111000 5669000 7029000
23 Federated Steel Mills Limited Sumo Steels Limited Entities with joint control or significant influence over entity Purchase of goods or services Refer Note 18129000 0 0 Textual Information(3)
24 Federated Steel Mills Limited MINL Limited Entities with joint control or significant influence over entity Purchase of goods or services Refer Note 17720000 0 0 Textual Information(4)
25 Federated Steel Mills Limited Jebba Paper Mills Limited Entities with joint control or significant influence over entity Purchase of goods or services Refer Note 771000 0 0 Textual Information(5)
26 Federated Steel Mills Limited Manaksia Limited Entities with joint control or significant influence over entity Purchase of goods or services Refer Note 2849000 0 2996000 Textual Information(6)
27 Federated Steel Mills Limited Vajra Machineries Private Limited Entities with joint control or significant influence over entity Purchase of goods or services Refer Note 0 13159000 0 Textual Information(7)
28 Federated Steel Mills Limited Sumo Steels Limited Entities with joint control or significant influence over entity Any other transaction Other Payable Refer Note 21814000 60185000 41779000 Textual Information(8)
29 Federated Steel Mills Limited Far East Steel Industries Limited Entities with joint control or significant influence over entity Any other transaction Other Receivable Refer Note 34000 2111000 2281000 Textual Information(9)
30 Sumo Agrochem Limited Sumo Steels Limited Entities with joint control or significant influence over entity Any other transaction Other Payable Refer Note 136000 170000 264000 Textual Information(10)
31 Federated Steel Mills Limited Manaksia Steels Limited Entities with joint control or significant influence over entity Purchase of goods or services Refer Note 0 1137000 0 Textual Information(11)
Total value of transaction during the reporting period 1165276000



Text Block

Textual Information(1) Advance has been given as per Company's General Policy relating to Employees and the same has been repaid on monthly basis.
Textual Information(2) Advance has been given as per Company's General Policy relating to Employees and the same has been repaid on monthly basis.
Textual Information(3) Pursuant to Regulation 23(2) of the SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015, a Related Party Transaction for which the Subsidiary of the Listed Entity is a Party and the Listed Entity is not a Party, Prior approval of the Audit Committee is not required, if value of such transaction does not exceeds 10% of the last Standalone Audited Financial Statements of the Subsidiary. The disclosures which has been submitted in the Related Party Statement are for the purposee of compliance only.
Textual Information(4) Pursuant to Regulation 23(2) of the SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015, a Related Party Transaction for which the Subsidiary of the Listed Entity is a Party and the Listed Entity is not a Party, Prior approval of the Audit Committee is not required, if value of such transaction does not exceeds 10% of the last Standalone Audited Financial Statements of the Subsidiary. The disclosures which has been submitted in the Related Party Statement are for the purposee of compliance only.
Textual Information(5) Pursuant to Regulation 23(2) of the SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015, a Related Party Transaction for which the Subsidiary of the Listed Entity is a Party and the Listed Entity is not a Party, Prior approval of the Audit Committee is not required, if value of such transaction does not exceeds 10% of the last Standalone Audited Financial Statements of the Subsidiary. The disclosures which has been submitted in the Related Party Statement are for the purposee of compliance only.
Textual Information(6) Pursuant to Regulation 23(2) of the SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015, a Related Party Transaction for which the Subsidiary of the Listed Entity is a Party and the Listed Entity is not a Party, Prior approval of the Audit Committee is not required, if value of such transaction does not exceeds 10% of the last Standalone Audited Financial Statements of the Subsidiary. The disclosures which has been submitted in the Related Party Statement are for the purposee of compliance only.
Textual Information(7) Pursuant to Regulation 23(2) of the SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015, a Related Party Transaction for which the Subsidiary of the Listed Entity is a Party and the Listed Entity is not a Party, Prior approval of the Audit Committee is not required, if value of such transaction does not exceeds 10% of the last Standalone Audited Financial Statements of the Subsidiary. The disclosures which has been submitted in the Related Party Statement are for the purposee of compliance only.
Textual Information(8) Pursuant to Regulation 23(2) of the SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015, a Related Party Transaction for which the Subsidiary of the Listed Entity is a Party and the Listed Entity is not a Party, Prior approval of the Audit Committee is not required, if value of such transaction does not exceeds 10% of the last Standalone Audited Financial Statements of the Subsidiary. The disclosures which has been submitted in the Related Party Statement are for the purposee of compliance only.
Textual Information(9) Pursuant to Regulation 23(2) of the SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015, a Related Party Transaction for which the Subsidiary of the Listed Entity is a Party and the Listed Entity is not a Party, Prior approval of the Audit Committee is not required, if value of such transaction does not exceeds 10% of the last Standalone Audited Financial Statements of the Subsidiary. The disclosures which has been submitted in the Related Party Statement are for the purposee of compliance only.
Textual Information(10) Pursuant to Regulation 23(2) of the SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015, a Related Party Transaction for which the Subsidiary of the Listed Entity is a Party and the Listed Entity is not a Party, Prior approval of the Audit Committee is not required, if value of such transaction does not exceeds 10% of the last Standalone Audited Financial Statements of the Subsidiary. The disclosures which has been submitted in the Related Party Statement are for the purposee of compliance only.
Textual Information(11) Pursuant to Regulation 23(2) of the SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015, a Related Party Transaction for which the Subsidiary of the Listed Entity is a Party and the Listed Entity is not a Party, Prior approval of the Audit Committee is not required, if value of such transaction does not exceeds 10% of the last Standalone Audited Financial Statements of the Subsidiary. The disclosures which has been submitted in the Related Party Statement are for the purposee of compliance only.