Integrated Filing — IndAS



General information about company
Scrip Code 500650
NSE Symbol EXCELINDUS
MSEI Symbol NOTLISTED
ISIN INE369A01029
Name of company Excel Industries 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 14-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 30-Apr-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 Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 14-May-2025   14:00:00
End date and time of board meeting 14-May-2025   18:20:00
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
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 2025-02-07
Indicate Company website link for updated RPT policy of the Company https://excelind.co.in/wp-content/uploads/2025/04/Related-Party-Transaction-Policy.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
NA



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 Unaudited 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 2478422000 9780677000
Other income 43998000 264825000
Total income 2522420000 10045502000
2 Expenses
(a) Cost of materials consumed 1383888000 5184876000
(b) Purchases of stock-in-trade 16584000 72582000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -42715000 -196006000
(d) Employee benefit expense 327543000 1217031000
(e) Finance costs 2596000 23686000
(f) Depreciation, depletion and amortisation expense 86842000 337810000
(f) Other Expenses
1 other Expenses 594861000 2296453000
Total other expenses 594861000 2296453000
Total expenses 2369599000 8936432000
3 Total profit before exceptional items and tax 152821000 1109070000
4 Exceptional items 0 0
5 Total profit before tax 152821000 1109070000
6 Tax expense
7 Current tax 36086000 263573000
8 Deferred tax 2994000 10515000
9 Total tax expenses 39080000 274088000
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 113741000 834982000
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 113741000 834982000
17 Other comprehensive income net of taxes -468608000 248922000
18 Total Comprehensive Income for the period -354867000 1083904000
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 62853000 62853000
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve 11709071000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 9.05 66.42
Diluted earnings (loss) per share from continuing operations 9.05 66.42
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 9.05 66.42
Diluted earnings (loss) per share from continuing and discontinued operations 9.05 66.42
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



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 4192737000
Capital work-in-progress 84470000
Investment property 155430000
Goodwill 188528000
Other intangible assets 8629000
Intangible assets under development 43027000
Biological assets other than bearer plants
Investments accounted for using equity method 96447000
Non-current financial assets
Non-current investments 4208741000
Trade receivables, non-current
Loans, non-current 771000
Other non-current financial assets 85548000
Total non-current financial assets 4295060000
Deferred tax assets (net)
Other non-current assets 107049000
Total non-current assets 9171377000
2 Current assets
Inventories 939915000
Current financial asset
Current investments 2040970000
Trade receivables, current 2159490000
Cash and cash equivalents 90557000
Bank balance other than cash and cash equivalents 38140000
Loans, current 2276000
Other current financial assets 72149000
Total current financial assets 4403582000
Current tax assets (net)
Other current assets 95398000
Total current assets 5438895000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 14610272000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 62853000
Other equity 11709071000
Total equity attributable to owners of parent 11771924000
Non controlling interest
Total equity 11771924000
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 21761000
Total non-current financial liabilities 21761000
Provisions, non-current 141254000
Deferred tax liabilities (net) 941871000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 1104886000
Current liabilities
Current financial liabilities
Borrowings, current 512000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 68050000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1300169000
Total Trade payable 1368219000
Other current financial liabilities 144471000
Total current financial liabilities 1513202000
Other current liabilities 97377000
Provisions, current 122883000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 1733462000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 2838348000
Total equity and liabilites 14610272000
Disclosure of notes on assets and liabilities



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 Unaudited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Chemicals 2448136000 9687623000
2 Environment and Biotech 30286000 93054000
Total Segment Revenue 2478422000 9780677000
Less: Inter segment revenue
Revenue from operations 2478422000 9780677000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Chemicals 270584000 1535302000
2 Environment and Biotech -10870000 -47759000
Total Profit before tax 259714000 1487543000
i. Finance cost 2596000 2596000
ii. Other Unallocable Expenditure net off Unallocable income 104297000 104297000
Profit before tax 152821000 1109070000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Chemicals 7641243000 7641243000
2 Environment and Biotech 161562000 161562000
Total Segment Asset 7802805000 7802805000
Un-allocable Assets 6807467000 6807467000
Net Segment Asset 14610272000 14610272000
4 Segment Liabilities
Segment Liabilities
1 Chemicals 1477332000 1477332000
2 Environment and Biotech 63438000 63438000
Total Segment Liabilities 1540770000 1540770000
Un-allocable Liabilities 1297578000 1297578000
Net Segment Liabilities 2838348000 2838348000
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 Unaudited 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 Remeasurement gains/(losses) on net defined benefit plans -30627000 -29139000
2 Change in the value of Equity instruments -520108000 1111000
Total Amount of items that will not be reclassified to profit and loss -550735000 -28028000
2 Income tax relating to items that will not be reclassified to profit or loss -82127000 -276950000
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
5 Total Other comprehensive income -468608000 248922000



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 1109070000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 23686000
Adjustments for decrease (increase) in inventories 123976000
Adjustments for decrease (increase) in trade receivables, current -318589000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 15034000
Adjustments for decrease (increase) in other non-current assets -3844000
Adjustments for other financial assets, non-current 38990000
Adjustments for other financial assets, current -68198000
Adjustments for other bank balances 5749000
Adjustments for increase (decrease) in trade payables, current -476602000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 52548000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 337810000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 59341000
Adjustments for provisions, non-current -20432000
Adjustments for other financial liabilities, current 9499000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains -2945000
Adjustments for dividend income 71511000
Adjustments for interest income 137352000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 40048000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items -70814000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -463606000
Net cash flows from (used in) operations 645464000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 10925000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 634539000
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 53500000
Other cash receipts from sales of equity or debt instruments of other entities 5839442000
Other cash payments to acquire equity or debt instruments of other entities 5980115000
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 4743000
Purchase of property, plant and equipment 382406000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 47037000
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 0
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 71511000
Interest received 90434000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities -456928000
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 512000
Repayments of borrowings 0
Payments of lease liabilities 68384000
Dividends paid 69139000
Interest paid 23686000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -160697000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 16914000
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 16914000
Cash and cash equivalents cash flow statement at beginning of period 73643000
Cash and cash equivalents cash flow statement at end of period 90557000





Details of Impact of Audit Qualification
Whether results are audited or unaudited
Declaration of unmodified opinion or statement on impact of audit qualification
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
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


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 Excel Industries Limited TML Industries Limited Enterprises owned or significantly influenced by key management personnel or their relatives Any other transaction Rent Paid 243000 Approved 243000 0 0
2 Excel Industries Limited Shrujan Creations Enterprises owned or significantly influenced by key management personnel or their relatives Purchase of goods or services 0 Approved 0 3000 0
3 Excel Industries Limited Shroff Family Charitable Trust Enterprises owned or significantly influenced by key management personnel or their relatives Sale of goods or services 0 Approved 226000 0 0
4 Excel Industries Limited Shroff Family Charitable Trust Enterprises owned or significantly influenced by key management personnel or their relatives Any other transaction Deposit Approved 0 -100000 -100000
5 Excel Industries Limited Shree Vivekanand Research and Training Institute Enterprises owned or significantly influenced by key management personnel or their relatives Any other transaction CSR Approved 12860000 0 0
6 Excel Industries Limited First Energy 7 Private Limited Associate of Excel Industries Limited Purchase of goods or services Approved 43587000 0 0
7 Excel Industries Limited Mr. Ravi A. Shroff Managing Director Any other transaction Reimbursement of exp Approved 369000 0 0
8 Excel Industries Limited Mr. Ravi A. Shroff Managing Director Any other transaction Salary, Bonus & contribution to PF & Commission Approved 21091000 -16924000 -22616000
9 Excel Industries Limited Mr. Hrishit A. Shroff Executive Director Any other transaction Salary, Bonus & contribution to PF & Commission Approved 15326000 -16771000 -23574000
10 Excel Industries Limited Mr. Dinesh Bhagat Nominee Director Any other transaction Reimbursement of exp Approved 9000 0 0
11 Excel Industries Limited Mr. Dinesh Bhagat Nominee Director Any other transaction Director Sitting Fees Approved 150000 0 -49000
12 Excel Industries Limited Mr. Ashwin C. Shroff Executive Chairman Any other transaction Salary, Bonus & contribution to PF & Commission Approved 14255000 -10618000 -13798000
13 Excel Industries Limited Climacrew Private Limited Enterprises owned or significantly influenced by key management personnel or their relatives Any other transaction Reimbursement of exp from Approved 3000 0 3000
14 Excel Industries Limited Climacrew Private Limited Enterprises owned or significantly influenced by key management personnel or their relatives Sale of goods or services Approved 626000 0 1016000
15 Excel Industries Limited Mobitrash Recycle Ventures Private Limited Associate Company Sale of goods or services Approved 103000 0 109000
16 Excel Industries Limited Mobitrash Recycle Ventures Private Limited Associate Company Sale of fixed assets Approved 0 2339000 2339000
17 Excel Industries Limited Mobitrash Recycle Ventures Private Limited Associate Company Any other transaction Reimbursement of exp from Approved 2053000 0 13380000
18 Excel Industries Limited Excel Rajkot C&D Waste Recycling Private Limited Subsidiary Any other transaction Subscription money for Preference Shares Approved 2500000 31000000 33500000
19 Excel Industries Limited Excel Rajkot C&D Waste Recycling Private Limited Subsidiary Sale of fixed assets Approved 0 2398000 2398000
20 Excel Industries Limited Excel Bio Resources Limited Subsidiary Any other transaction Reimbursement of exp from Approved 20000 13000 33000
21 Excel Industries Limited Dr. Meena Galliara Independent Director Any other transaction Director Sitting Fees Approved 280000 0 -117000
22 Excel Industries Limited Divakar Techno Specialities & Chemicals Private Limited Enterprises owned or significantly influenced by key management personnel or their relatives Any other transaction Sales Commission Approved 0 -88000 -88000
23 Excel Industries Limited Excel Bio Resources Limited Subsidiary Purchase of goods or services Approved 4365000 -1124000 -392000
24 Excel Industries Limited Anshul Specialty Molecules Private Limited Parent Entity Sale of goods or services 3116000 Approved 3116000 0 666000
25 Excel Industries Limited Anshul Specialty Molecules Private Limited Parent Entity Any other transaction Reimbursement of exp from 646000 Approved 646000 0 646000
26 Excel Industries Limited Anshul Specialty Molecules Private Limited Parent Entity Any other transaction Deposit Approved 0 -700000 -700000
27 Excel Industries Limited Anshul Life Sciences Enterprises owned or significantly influenced by key management personnel or their relatives Purchase of goods or services 22000 Approved 22000 0 0
28 Excel Industries Limited Agrocel Industries Private Limited Enterprises owned or significantly influenced by key management personnel or their relatives Sale of goods or services 1304000 Approved 1304000 132000 140000
29 Excel Industries Limited Agrocel Industries Private Limited Enterprises owned or significantly influenced by key management personnel or their relatives Any other transaction Deposit Received Approved 0 1000000 1000000
30 Excel Industries Limited Mr. Ninad Dwarkanath Gupte Independent Director Any other transaction Director Sitting Fees Approved 380000 0 0
31 Excel Industries Limited Mr. Rajesh Rama Varma Independent Director Any other transaction Director Sitting Fees Approved 350000 0 0
32 Excel Industries Limited Mr. Shekhar Shreedhar Khanolkar Independent Director Any other transaction Director Sitting Fees Approved 230000 0 0
33 Excel Industries Limited Mr. Vihang Ajit Virkar Independent Director Any other transaction Director Sitting Fees Approved 430000 0 0
34 Excel Industries Limited Transchem Agritech Pvt. Ltd Enterprises owned or significantly influenced by key management personnel or their relatives Purchase of fixed assets Approved 1850000 0 -185000
35 Excel Industries Limited C C Shroff Research Institute Enterprises owned or significantly influenced by key management personnel or their relatives Sale of goods or services Approved 0 4000 4000
36 Excel Bio Resources Limited TML Industries Limited Enterprises owned or significantly influenced by key management personnel or their relatives Inter-corporate deposit Approved 0 3000000 3000000
37 Excel Bio Resources Limited TML Industries Limited Enterprises owned or significantly influenced by key management personnel or their relatives Interest received Approved 194000 176000 351000
38 Kamaljyot Investments Limited TML Industries Limited Enterprises owned or significantly influenced by key management personnel or their relatives Interest received Approved 419000 379000 756000
39 Kamaljyot Investments Limited TML Industries Limited Enterprises owned or significantly influenced by key management personnel or their relatives Inter-corporate deposit Approved 0 7000000 7000000
40 Kamaljyot Investments Limited Transpek Industry Limited Enterprises owned or significantly influenced by key management personnel or their relatives Dividend received Approved 9838000 0 0
41 Kamaljyot Investments Limited Mr. Ashwin C. Shroff Enterprises owned or significantly influenced by key management personnel or their relatives Any other transaction Sale of Investment Approved 14722000 0 0
42 Kamaljyot Investments Limited Climacrew Private Limited Enterprises owned or significantly influenced by key management personnel or their relatives Investment Approved 0 14722000 0
43 Excel Industries Limited Excel Industries Limited, Employees Group Gratuity Fund Enterprises owned or significantly influenced by key management personnel or their relatives Any other transaction Contribution to Fund Approved 37000 0 0
44 Excel Industries Limited Mr. Atul G. Shroff Non Executive Non Independent Drector Any other transaction Commission Approved by Board 300000 0 -300000
45 Excel Industries Limited Mr. Dinesh Bhagat Nominee Director Any other transaction Commission Approved by Board 600000 -150000 -750000
46 Excel Industries Limited Mr. R. N. Bhogale Independent Director Any other transaction Commission Approved by Board 200000 -250000 -450000
47 Excel Industries Limited Mr. R. M. Pandia Independent Director Any other transaction Commission Approved by Board 200000 -250000 -450000
48 Excel Industries Limited Mr. S. S. Vaidya Independent Director Any other transaction Commission Approved by Board 150000 -150000 -300000
49 Excel Industries Limited Mr. M. B. Parekh Independent Director Any other transaction Commission Approved by Board 150000 -150000 -300000
50 Excel Industries Limited Dr. Meena Galliara Independent Director Any other transaction Commission Approved by Board 600000 -150000 -750000
51 Excel Industries Limited Mr. P. S. Jhaveri Independent Director Any other transaction Commission Approved by Board 200000 -250000 -450000
52 Excel Industries Limited Mr. H. N. Motiwala Independent Director Any other transaction Commission Approved by Board 200000 -250000 -450000
53 Excel Industries Limited Mr. Dipesh K. Shroff Non Executive Non Independent Drector Any other transaction Commission Approved by Board 300000 0 -300000
54 Excel Industries Limited Mr. Ninad Dwarkanath Gupte Independent Director Any other transaction Commission Approved by Board 750000 0 -750000
55 Excel Industries Limited Mr. Rajesh Rama Varma Independent Director Any other transaction Commission Approved by Board 750000 0 -750000
56 Excel Industries Limited Mr. Shekhar Shreedhar Khanolkar Independent Director Any other transaction Commission Approved by Board 750000 0 -750000
57 Excel Industries Limited Mr. Vihang Ajit Virkar Independent Director Any other transaction Commission Approved By Board 750000 0 -750000
Total value of transaction during the reporting period 157504000