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 PeriodFirst half yearly
Date of Start of Reporting Period01-04-2021
Date of End of Reporting Period30-09-2021
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 LtdGujarat State Fertilizer & Chemicals LimitedGujarat Narmada Valley Fertilizers & Chemicals LimitedGujarat State Petroleum Corporation LimitedVadodara Jal Sanchay Private LimitedGujarat Industries Power Company LimitedGujarat Gas LimitedGujarat Urja Vikas Nigam LimitedGujarat Guardian LimitedNational Aluminium Company LimitedGACL-NALCO Alkalies & Chemicals Private LimitedDelhi Jal BoardGujarat Water Supply & Sewage BoardGujarat State Electricity Corporation LimitedGACL Education SocietyShri Milind Torawane, IAS, Managing DirectorShri Vinayak Kudtarkar, GM (Finance) & Chief Financial OfficerShri Sanjay Bhatt, Company Secretary & CGM (Legal & CC)Shri Anil Mukim, IAS (Retd.) - ChairmanShri Pankaj Joshi, IAS - DirectorShri Rajiv Lochan Jain - DirectorShri S B Dangayach - DirectorSmt. Vasuben Trivedi - DirectorShri M K Das, IAS - DirectorShri Tapan Ray, IAS (Retd.) - DirectorShri Pankaj Kumar, IAS - ChairmanGujarat State Investment Ltd.Gujarat Industrial Investment Corporation Ltd.Gujarat Mineral Development Corporation Ltd.Gujarat Industrial Development CorporationGujarat Maritime Board
Categories of related partiesAssociatesAssociatesPromotersAssociatesAssociatesAssociatesOther related partyAssociatesAssociatesOther related partyJoint ventures where entity is venturerOther related partyOther related partyAssociatesAssociatesKey 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 parentPromotersPromotersPromotersPromotersPromoters
description of relationshipAssociatesAssociatesGovernment Related EntityAssociatesAssociatesAssociatesGovernment Related EntityAssociatesAssociatesJoint Venture PartnerJoint Venture CompanyGovernment Related EntityGovernment Related EntityAssociatesAssociatesManaging DirectorGM (Finance) & Chief Financial OfficerCompany Secretary & CGM (Legal & CC)ChairmanDirectorDirectorDirectorDirectorDirectorDirectorChairmanGovernment Related EntityGovernment Related EntityGovernment Related EntityGovernment Related EntityGovernment Related Entity
PAN of related party
CIN of related partyU65910GJ1992SGC018602L99999GJ1962PLC001121L24110GJ1976PLC002903U23209GJ1979SGC003281U41000GJ2020PTC114896L99999GJ1985PLC007868L40200GJ2012SGC069118U40109GJ2004SGC045195U17110GJ1990PLC013397L27203OR1981GOI000920U24100GJ2015PTC085247U40100GJ1993SGC019988U64990GJ1988SGC010307U65990GJ1968SGC001524L14100GJ1963SGC001206

B. Details of related party transactions

Purchase of goods and services0.01233.6734.79177.781114.23406.11
Sale of goods and services1028.27533.387.34807.8445.3109.89190.6
Purchase of fixed assets47.53
Sale of fixed assets
Rendering of services
Receiving of services
Leases
Loans and advances given
Loans and advances taken
Loans and advances given that are repaid
Loans and advances taken that are repaid
Deposits placed 49800
Deposits taken70100
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 income775.49
Interest paid
Dividend income623.4
Dividend paid140.81226.35569.52331.63231.82218.78
Management contracts including for deputation of employees
Settlement of liabilities by entity on behalf of related party

Remuneration

Short term employee benefits14.4817.84
Post employment benefits
Other long-term benefits0.650.92
Termination benefits
Share based payments
Others18.86290.170.230.351.583.152.632.280.181.750.18

C. Outstanding balances

Receivables

Secured240.99237.130.35110.161.98400.03142.7822.114.926.66
Un Secured

Payables

Secured13.09145.84380.82
Un Secured

Loans and advances given

Secured
Un Secured

Loans and advances taken

Secured
Un Secured

Deposits placed

Secured
Un Secured20200

Deposits taken

Secured
Un Secured

Guarantees or collateral given

Secured
Un Secured

Guarantees or collateral taken

Secured
Un Secured

Investment in equity

Secured15001349.99308139.822000742.541021.59
Un Secured

Provision for doubtful debt

Secured
Un Secured

Note

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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 and the amount mentioned in 'purchase of fixed assets' relates to amount paid by the Company towards construction of boundary walls.

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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.

Shri Milind Torawane, IAS, is the Managing Director of the Company 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.
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