General information about company

Name of The CompanyGULSHAN POLYOLS LIMITED
BSE Scrip Code532457
NSE SymbolGULPOLY
MSE SymbolNOTLISTED
Date of Start of Financial Year01-04-2024
Date of End of Financial Year31-03-2025
Reporting PeriodFirst half yearly
Date of Start of Reporting Period01-04-2024
Date of End of Reporting Period30-09-2024
Level of rounding to be used in disclosing related party transactionsLakhs
Whether the company has any related party?Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?Yes



(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/publicNA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of bank’s staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.NA
(III) Whether the company is a ‘high value debt listed entity’ according to regulation 15 (1A)?No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
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 updated01-03-2022
Indicate Company website link for updated RPT policy of the Companywww.gulshanindia.com






Related party transactions

Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Sr No.Details of the party (listed entity /subsidiary) entering into the transactionDetails of the counterpartyType of related party transactionDetails of other related party transactionValue of the related party transaction as approved by the audit committeeRemarks on approval by audit committeeValue of transaction during the reporting periodIn case monies are due to either party as a result of the transactionIn case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investmentsDetails of the loans, inter-corporate deposits, advances or investmentsNotes
NamePANNamePANRelationship of the counterparty with the listed entity or its subsidiaryOpening balanceClosing balanceNature of indebtedness (loan/ issuance of debt/ any other etc.)Details of other indebtednessCostTenureNature (loan/ advance/ intercorporate deposit/ investment )Interest Rate (%)TenureSecured/ unsecuredPurpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1Gulshan Polyols LimitedAABCG3954FCHANDRA KUMAR JAINAAFPJ9823KPromoter and Chairman & Managing DirectorAny other transactionRent Paid300Approved by Audit Committee5400Textual Information(1)
2Gulshan Polyols LimitedAABCG3954FMRIDULA JAINAADPJ6926DPromoter and relative of Executive DirectorAny other transactionRent Paid25Approved by Audit Committee4.800Textual Information(2)
3Gulshan Polyols LimitedAABCG3954FCHANDRA KUMAR JAINAAFPJ9823KPromoter and Chairman & Managing DirectorRemunerationAs per the Companies Act, 2013150.3900Textual Information(3)
4Gulshan Polyols LimitedAABCG3954FARUSHI JAINAAFPJ9824QPromoter and Joint Managing DirectorRemunerationAs per the Companies Act, 201352.2300Textual Information(4)
5Gulshan Polyols LimitedAABCG3954FADITI PASARIAARPJ4103CPromoter and Joint Managing DirectorRemunerationAs per the Companies Act, 201352.2300Textual Information(5)
6Gulshan Polyols LimitedAABCG3954FASHWANI KUMAR VATSAAEPV2385DWhole Time Director & Chief Executive OfficerRemunerationAs per the Companies Act, 201348.9900Textual Information(6)
7Gulshan Polyols LimitedAABCG3954FRAKESH KAPOORAEFPK3862HNon-Executive - Independent DirectorAny other transactionSitting feesAs approved by NRCC committee & Board0.100Textual Information(7)
8Gulshan Polyols LimitedAABCG3954FARCHANA JAINACFPJ6679RNon-Executive - Independent DirectorAny other transactionSitting FeesAs approved by NRCC committee & Board0.200Textual Information(8)
9Gulshan Polyols LimitedAABCG3954FNITESH GARGANZPG7745GNon-Executive - Independent DirectorAny other transactionSitting FeesAs approved by NRCC committee & Board0.200Textual Information(9)
10Gulshan Polyols LimitedAABCG3954FSOUMYAJIT MITRAAMXPM8612KNon-Executive - Independent DirectorAny other transactionSitting FeesAs approved by NRCC committee & Board0.200Textual Information(10)
11Gulshan Polyols LimitedAABCG3954FRAJIV GUPTAAAEPG9150BChief Financial OfficerRemunerationAs approved by NRCC committee & Board19.0900Textual Information(11)
12Gulshan Polyols LimitedAABCG3954FARCHISHA TYAGIARIPT9862CCompany SecretaryRemunerationAs approved by NRCC committee & Board4.6800Textual Information(12)
13Gulshan Polyols LimitedAABCG3954FGulshan Overseas FZCOZZZZZ9999ZWholly Owned SubsidiaryAny other transactionLoan for day to day business expensesApproved by Audit Committee23.0823.080Textual Information(13)
14Gulshan Polyols LimitedAABCG3954FGULSHAN CARE FOUNDATIONAAICG9165DSignificant controlAny other transactionCSR expenseRecommended by SCSR Committee and Approved by Board49.2200Textual Information(14)
15Gulshan Polyols LimitedAABCG3954FGULSHAN LAMEE PACK PRIVATE LIMITEDAABCG9199AEnterprise in which Director are interestedAny other transactionPayment made for sale of goods/ services100Approved by Audit Commiittee07.380Textual Information(15)
Total value of transaction during the reporting period459.41