General information about company

Name of The CompanyGUJARAT ALKALIES AND CHEMICALS LIMITED
BSE Scrip Code530001
NSE SymbolGUJALKALI
MSE SymbolNOT LISTED
Date of Start of Financial Year01-04-2021
Date of End of Financial Year31-03-2022
Reporting PeriodSecond half yearly
Date of Start of Reporting Period01-10-2021
Date of End of Reporting Period31-03-2022
Level of rounding used in financial resultsLakhs
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?Yes



Related party transactions

A. Details of related party

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Name of the related partyGujarat State Financial Services LimitedGujarat State Fertilizers & Chemicals LimitedGujarat Narmada Valley Fertilizer Company LimitedGujarat State Petroleum Corporation LimitedVadoara Jal Sanchay Pvt. LimitedGujarat Industrial Power Company LimitedGujarat Gas LimitedGujarat Guardian LimitedGujarat Urja Vikas Nigam LimitedNational Aluminium Company LimitedGACL NALCO Alkalies & Chemicals Pvt. Ltd.Delhi Jal BoardGujarat Water Supply & Sewage BoardGujarat State Electricity Corporation LimitedGACL Education SocietyGujarat Chemical Port LimitedGujarat State Petronet LimitedGujarat State Investment LtdGujarat Industrial Investment Corporation LtdGujarat Mineral Development Corporation LtdGujarat Industrial Development CorporationGujarat Maritime BoardShri Milind S Torawane, IAS, Managing Director (upto 06.02.2022)Shri Harshad R Patel, IAS, Managing Director (From 07.02.2022)Shri Vinayak Kudtarkar, GM (Finance) & Chief Financial OfficerShri Sanjay Bhatt, Company Secretary & CGM (Legal & CC)Shri Pankaj Kumar, IAS - Chairman (From 07.09.2021)Shri Rajiv Lochan Jain - DirectorShri S B Dangayach - DirectorShri Vasuben Trivedi - Director (upto 14.02.2022)Shri M K Das, IAS - DirectorShri Tapan Ray, IAS (Retd.) - Director (upto 31.12.2021)Shri J P Gupta, IAS - Director (From 15.12.2021)Shri Nitin Shukla - Director (From 24.03.2022)
Categories of related partiesAssociatesAssociatesPromotersAssociatesAssociatesAssociatesAssociatesAssociatesAssociatesOther related partyJoint ventures where entity is venturerOther related partyOther related partyOther related partyAssociatesAssociatesAssociatesPromotersPromotersPromotersPromotersPromotersKey management personnel of entity or parentKey management personnel of entity or parentKey management personnel of entity or parentKey management personnel of entity or parentKey management personnel of entity or parentKey management personnel of entity or parentKey management personnel of entity or parentKey management personnel of entity or parentKey management personnel of entity or parentKey management personnel of entity or parentKey management personnel of entity or parentKey management personnel of entity or parent
description of relationshipAssociatesAssociatesGovernment Related EntityAssociatesAssociatesAssociatesAssociatesAssociatesAssociatesJoint Venture PartnerJoint Venture CompanyGovernment Related EntityGovernment Related EntityGovernment Related EntityAssociatesAssociatesAssociatesGovernment Related EntityGovernment Related EntityGovernment Related EntityGovernment Related EntityGovernment Related EntityManaging DirectorManaging DirectorGM (Finance) & Chief Financial OfficerCompany Secretary & CGM (Legal & CC)ChairmanDirectorDirectorDirectorDirectorDirectorDirectorDirector
PAN of related party
CIN of related 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

B. Details of related party transactions

Purchase of goods and services104.37456.45698.331943.51277.9549.46
Sale of goods and services2151.8299.719560.29193.69212.6412.68328.2
Purchase of fixed assets
Sale of fixed assets
Rendering of services
Receiving of services
Leases
Loans and advances given11.88
Loans and advances taken
Loans and advances given that are repaid
Loans and advances taken that are repaid
Deposits placed 77800
Deposits taken68000
Transfer of research & development
Transfers under lease agreement
Equity investment
Impairment in equity investment
Expense for bad or doubtful debts
Guarantees or collateral given
Guarantees or collateral taken
Interest income420.66
Interest paid
Dividend income165426.32556.88
Dividend paid
Management contracts including for deputation of employees3.15
Settlement of liabilities by entity on behalf of related party

Remuneration

Short term employee benefits3.7620.0824.11
Post employment benefits
Other long-term benefits1.951.31
Termination benefits
Share based payments
Others0.1515.28299.711888.410.240.72.632.621.921.40.70.180.18

C. Outstanding balances

Receivables

Secured
Un Secured389.8968.890.67109.2266.86180.14161.3108.388.690.659120

Payables

Secured22.3256.13
Un Secured17640.671532.93711.9414.54289.77273.47

Loans and advances given

Secured5.5811.41
Un Secured

Loans and advances taken

Secured
Un Secured

Deposits placed

Secured
Un Secured30000

Deposits taken

Secured
Un Secured2.694.06

Guarantees or collateral given

Secured
Un Secured

Guarantees or collateral taken

Secured
Un Secured

Investment in equity

Secured
Un Secured15001349.99308139.822000742.540884.49613.9

Provision for doubtful debt

Secured
Un Secured

Note

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The amount mentioned in 'others' relates to amount of Sitting fees received by the Company.
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GACL-NALCO Alkalies & Chemicals Private Limited (GNAL) is a subsidiary of the Company and the amount mentioned in 'others' relates to rent received from GNAL.
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GACL Education Society (GES) is the CSR arm of the Company. The amount mentioned in 'others' relates to Rent Received from GES and Contribution made by the Company for CSR Activities.
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The amount mentioned in 'others' rlates to Contribution towards 100MLD Desalination project at Dahej.
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Shri Milind Torawane, IAS, was the Managing Director of the Company up to 06.02.2022 and the amount mentioned in 'others' relates to Special Pay/ Charge Allowance paid to him as per the Order of Government of Gujarat.
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The amount mentioned in 'others' relates to amount of Sitting fees paid to the Directors.
The amount mentioned in 'others' relates to amount of Sitting fees paid to the Directors.
The amount mentioned in 'others' relates to amount of Sitting fees paid to the Directors.
The amount mentioned in 'others' relates to amount of Sitting fees paid to the Directors.
The amount mentioned in 'others' relates to amount of Sitting fees paid to the Directors.
The amount mentioned in 'others' relates to amount of Sitting fees paid to the Directors.
The amount mentioned in 'others' relates to amount of Sitting fees paid to the Directors.
The amount mentioned in 'others' relates to amount of Sitting fees paid to the Directors.