Integrated Filing — IndAS



General information about company
Scrip Code 539986
NSE Symbol COMSYN
MSEI Symbol NOTLISTED
ISIN INE073V01015
Name of company COMMERCIAL SYN BAGS 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 30-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 23-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 Multi segment
Description of single segment
Start date and time of board meeting 30-May-2025   17:00:00
End date and time of board meeting 30-May-2025   21:35:00
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 2025-02-14
Indicate Company website link for updated RPT policy of the Company https://comsyn.com/wp-content/uploads/2025/02/Amended-Material-RPT-Policy-CSBL-14.02.20225.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? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There is no defaulton Loan and Debt Securities during the reporting period.



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 970185000 3416110000
Other income 24513000 39929000
Total income 994698000 3456039000
2 Expenses
(a) Cost of materials consumed 485642000 1839373000
(b) Purchases of stock-in-trade 25670000 112393000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 60101000 -83687000
(d) Employee benefit expense 148226000 555010000
(e) Finance costs 21603000 87616000
(f) Depreciation, depletion and amortisation expense 4267000 78146000
(f) Other Expenses
1 Other Expenses 150251000 691321000
Total other expenses 150251000 691321000
Total expenses 895760000 3280172000
3 Total profit before exceptional items and tax 98938000 175867000
4 Exceptional items 0 0
5 Total profit before tax 98938000 175867000
6 Tax expense
7 Current tax 17201000 32628000
8 Deferred tax 9480000 4261000
9 Total tax expenses 26681000 36889000
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 72257000 138978000
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 72257000 138978000
17 Other comprehensive income net of taxes 5213000 5213000
18 Total Comprehensive Income for the period 77470000 144191000
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 399522000 399522000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 0
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.81 3.48
Diluted earnings (loss) per share from continuing operations 1.81 3.48
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 1.81 3.48
Diluted earnings (loss) per share from continuing and discontinued operations 1.81 3.48
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) Notes to Audited Standalone Financial Results for the quarter and year ended on 31st March 2025 n n1tThe standalone financial results have been prepared in accordance with the Companies Indian Accounting Standard Rule, 2015 Ind AS as prescribed under Section 133 of the Companies Act 2013 and other recognized accounting practices and policies to the extend applicable n n2tThe figures for the last quarter are the balancing figures between audited figures in respect of full financial year upto 31st March 2025 and unaudited published year to date figures upto 31st December 2024 being the date of end of the third quarter of financial year respectively which were subject to limited review n n3tThis audited standalone financial results of the Company for the quarter and year ended on 31st March 2025 have been approved and recommended by the Audit Committee and thereafter approved by the Board of Directors at their meeting held on 30th May 2025 n n4tStatutory Auditors of the Company have carried out Audit of the books of Accounts for the Financial Year 2024 2025 and issued us an Audit Report with unmodified opinion n n5tThe Company operates in three segments ie a Manufacture and sale of FIBC Bulk Bags Poly Tarpaulin Woven Sacks Bags Box Bags PP HDPE Fabric Liner and b Trading of Granules c Solar Power generation nThe segment for Manufacture and sale of FIBC Bulk Bags Poly Tarpaulin Woven Sacks Bags Box Bags PP HDPE Fabric and Liner meets the quantitative thresholds and is considered as reportable segment Financial information of other segments b and c have been shown in All other Segments as these do not fall within the criteria for segmental report as on 31st March 2025 n n6tPrevious Year and Previous Quarter figures have been regrouped reclassified wherever necessary to confirm to this period classification n n7tThe Company has solar power project of 1 MW for Captive Consumption of power. n n8tSome balances of Trade Receivables and recoverable shown under Assets and Trade and Other Payables shown under Liabilities include balances subject to confirmation reconciliation and consequential adjustments if any However reconciliations are carried out on ongoing basis The management does not expect any material adjustment in the books of accounts as a result of the reconciliation n n9tThe Company manufacturing unit Techtex situated at Plot No A12 and A13 Indore Special Economic Zone Pithampur Phase 2 Dhar Madhya Pradesh is yet to achieve its optimum capacity n n10tThe members of the Company at its 01 2024 25 Extra Ordinary General Meeting held on 10th January 2025 has approved the increase in the Authorised Capital of the Company from existing Rs 4000 Lakhs to Rs 4250 Lakhs and consequent alteration of the Memorandum of Association of the Company Further the member of the Company has also authorised the Board of Directors of the Company for issuance of 2000000 warrants of Rs 72 each convertible into equity shares of Rs 10 each on a preferential basis to the promoters and promoters group of the Company nThe Company has received in principal approval for issuance of the warrants on preferential basis from NSE and BSE and the Board of Directors in its meeting held on 20th March 2025 allotted 2000000 convertible warrants of Rs 72 each to the promoters and promoter group. The Company has received 25 percent upfront money ie Rs 360 Lakhs and utilized the same as per the object of the preferential issue as stated in the Notice of EGM n n11tThe Company has further acquired 1 percent ie 10 shares in Smartlift Bulk Packaging Limited UK by payment of agreed consideration of GBP 43500 to Mr Trevor William Bland With this acquisition the Company now holds 50 percent of the paid up share capital of Smartlift Bulk Packaging Limited n n12tThe Company has filed an appeal before the Commissioner Appeals Indore against the order passed by Assistant Commissioner Customs for failure to fulfil the export obligation and non submission of EODC thereby demanding the Custom Duty with interest and penalty The matter is remanded back to the Assistant Commissioner Customs and the case is finally adjudicated in favour of Company dropping the demand interest and penalty The Company received back the amount deposited in appeal along with interest n n13 Smartlift Bulk Packaging Limited UK has declared dividend in this quarter and the Company has recorded its share of dividend as its income The amount is yet to be received by the Company n



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 826999000
Capital work-in-progress 0
Investment property 0
Goodwill 0
Other intangible assets 14000
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 224266000
Trade receivables, non-current 0
Loans, non-current 102581000
Other non-current financial assets 55032000
Total non-current financial assets 381879000
Deferred tax assets (net) 0
Other non-current assets 1863000
Total non-current assets 1210755000
2 Current assets
Inventories 795616000
Current financial asset
Current investments 0
Trade receivables, current 431578000
Cash and cash equivalents 16150000
Bank balance other than cash and cash equivalents 44136000
Loans, current 115446000
Other current financial assets 7177000
Total current financial assets 614487000
Current tax assets (net) 23534000
Other current assets 181929000
Total current assets 1615566000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 2826321000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 399522000
Other equity 1059847000
Total equity attributable to owners of parent 1459369000
Non controlling interest
Total equity 1459369000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 195234000
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 23982000
Total non-current financial liabilities 219216000
Provisions, non-current 41877000
Deferred tax liabilities (net) 35464000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 296557000
Current liabilities
Current financial liabilities
Borrowings, current 731146000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 35333000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 146447000
Total Trade payable 181780000
Other current financial liabilities 2119000
Total current financial liabilities 915045000
Other current liabilities 125702000
Provisions, current 0
Current tax liabilities (Net) 29648000
Deferred government grants, Current 0
Total current liabilities 1070395000
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 1366952000
Total equity and liabilites 2826321000
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 Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Segment -A Manufacturing 962070000 3388933000
2 Segment-B other Segment 8115000 27177000
Total Segment Revenue 970185000 3416110000
Less: Inter segment revenue 0 0
Revenue from operations 970185000 3416110000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Segment -A Manufacturing 112982000 237592000
2 Segment-B other Segment 7559000 25891000
Total Profit before tax 120541000 263483000
i. Finance cost 21603000 21603000
ii. Other Unallocable Expenditure net off Unallocable income 0 0
Profit before tax 98938000 175867000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Segment -A Manufacturing 2647997000 2647997000
2 Segment-B other Segment 178324000 178324000
Total Segment Asset 2826321000 2826321000
Un-allocable Assets 0 0
Net Segment Asset 2826321000 2826321000
4 Segment Liabilities
Segment Liabilities
1 Segment -A Manufacturing 1279315000 1279315000
2 Segment-B other Segment 87637000 87637000
Total Segment Liabilities 1366952000 1366952000
Un-allocable Liabilities 0 0
Net Segment Liabilities 1366952000 1366952000
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 Item that will not be classified to Profit and loss 6317000 6317000
Total Amount of items that will not be reclassified to profit and loss 6317000 6317000
2 Income tax relating to items that will not be reclassified to profit or loss 1104000 1104000
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 5213000 5213000



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 175867000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 87615000
Adjustments for decrease (increase) in inventories -124741000
Adjustments for decrease (increase) in trade receivables, current -21418000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -132673000
Adjustments for decrease (increase) in other non-current assets 6960000
Adjustments for other financial assets, non-current 600000
Adjustments for other financial assets, current -17860000
Adjustments for other bank balances -3588000
Adjustments for increase (decrease) in trade payables, current 57911000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 19365000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 78146000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current -4627000
Adjustments for provisions, non-current 9175000
Adjustments for other financial liabilities, current -2350000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 7054000
Adjustments for interest income 33928000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
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) 6317000
Other adjustments for non-cash items 2448000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 1278000
Total adjustments for reconcile profit (loss) -78424000
Net cash flows from (used in) operations 97443000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 17039000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 80404000
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 8368000
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 68602000
Purchase of property, plant and equipment 78312000
Proceeds from sales of investment property 0
Purchase of investment property 3367000
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 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 0
Interest received 33928000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities 12483000
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 36000000
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 -92718000
Repayments of borrowings -61902000
Payments of lease liabilities 742000
Dividends paid 0
Interest paid 85651000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -81209000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 11678000
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 11678000
Cash and cash equivalents cash flow statement at beginning of period 4472000
Cash and cash equivalents cash flow statement at end of period 16150000





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 Ashok Kumar Agrawal and Associates Yes 31-Jul-2027


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)
Mode of Fund Raising Preferential Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 20-Mar-2025
Amount Raised 36000000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation NA
Comments of the Audit Committee after review Nil
Comments of the auditors, if any Nil
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Purchase of Property Plant and Equipment of the Company including its subsidiaries and associates Nil 57600000 0 0 0
2 Long Term and Short Term Working Capital Requirement of the Company including its subsidiaries Nil 50400000 0 18000000 0
3 General Corporate Purpose Nil 36000000 0 18000000 0


Signatory Details
Name of signatory Sandeep Patel
Designation of person Company Secretary
Place Indore
Date 30-May-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 Commercial Syn Bags Limited Mohra Seeds Proprietor Mr Ravindra Choudhary CEO Sale of goods or services 4000000 NA 687000 215000 902000
2 Commercial Syn Bags Limited Mr Ravindra Choudhary Chief Executive Officer Any other transaction Rent 1500000 NA 477000 476000 954000
3 Commercial Syn Bags Limited Choudhary Highway Services Proprietor Mr Anil Choudhary CMD Purchase of goods or services 7500000 NA 1729000 1497000 3225000
4 Commercial Syn Bags Limited Mr Anil Choudhary Managing Director Remuneration 8400000 NA 3450000 3450000 6900000
5 Commercial Syn Bags Limited Mrs Ranjana Choudhary Whole Time Director Remuneration 2500000 NA 900000 900000 1800000
6 Commercial Syn Bags Limited Mr Ravindra Choudhary Chief Executive Officer Remuneration 6000000 NA 2400000 2400000 4800000
7 Commercial Syn Bags Limited Mr Virendra Singh Pamecha Whole Time Director Remuneration 2500000 NA 874000 846000 1719000
8 Commercial Syn Bags Limited Mr PramalChoudhary Chief Operating Officer Remuneration 6000000 NA 2850000 2850000 5700000
9 Commercial Syn Bags Limited Mr Abhishek Jain Chief Financial Officer Remuneration 3500000 NA 1200000 1200000 2400000
10 Commercial Syn Bags Limited Page Paper Mart Proprietor Mr Pramod Jain Relative of Mr Abhishek Jain CFO Purchase of goods or services 300000 NA 95000 49000 144000
11 Commercial Syn Bags Limited Mrs Parul Choudhary Relative of Mr Ravindra Choudhary CEO Remuneration 2000000 NA 600000 600000 1200000
12 Commercial Syn Bags Limited Mrs Shruti Choudhary Relative of Shri Anil Choudhary CMD Remuneration 2000000 NA 900000 900000 1800000
13 Commercial Syn Bags Limited Mrs Vidhya Choudhary Relative of Shri Anil Choudhary CMD Any other transaction Rent 2500000 NA 900000 900000 1800000
14 Commercial Syn Bags Limited Ms Hemlata Choudhary Relative of Mr. Ravindra Choudhary CEO Interest received 1800000 NA 600000 600000 1200000
15 Commercial Syn Bags Limited Carry Proprietor Ms Veenal Choudhary) Relative of Mr Anil Choudhary CMD Purchase of goods or services 300000 NA 34000 0 34000
16 Commercial Syn Bags Limited Mr Sandeep Patel Company Secretary Remuneration 900000 NA 159000 0 159000
17 Commercial Syn Bags Limited Mr Ashay Choudhary Relative of Mr Ravindra Choudhary CEO Remuneration 1200000 NA 600000 600000 1200000
18 Commercial Syn Bags Limited Veenal Choudhary Relative of Mr Anil Choudhary CMD Remuneration 400000000 NA 75000 0 75000
19 Commercial Syn Bags Limited PRAVI INVESTMENTS LLP Promoters Group Loan 200000000 NA -21940000 23500000 1560000 Loan 0.09 Long term borrowing Loan 0.09 Long term borrowing Unsecured Business Purpose
20 Commercial Syn Bags Limited C K Associates LLP Associate LLP Loan 1500000000 NA 0 94899000 94899000 Loan 0.09 Long term borrowing Loan 0.09 Long term borrowing Unsecured Business Purpose
21 Commercial Syn Bags Limited Smartlift Bulk Packaging Limited Associate Sale of goods or services 500000000 NA 137278000 99609000 236887000
22 Commercial Syn Bags Limited Smartlift Bulk Packaging Ireland Limited Associate Sale of goods or services 500000000 NA 27769000 27608000 55377000
23 Commercial Syn Bags Limited PRAVI INVESTMENTS LLP Promoters Group Interest received NA 2007000 0 2007000
24 Commercial Syn Bags Limited C K Associates LLP Associate LLP Interest received NA 8536000 0 8536000
25 Commercial Syn Bags Limited Comsyn India Private Limited Wholly Owned Subsidary Loan 400000000 NA 302000 112340000 112642000 Loan 0.09 Long term borrowing Loan 0.09 Long term borrowing Unsecured Business Purpose
26 Commercial Syn Bags Limited Comsyn India Private Limited Wholly Owned Subsidary Interest received NA 10862000 0 10862000
Total value of transaction during the reporting period 183344000