General information about company

Name of The CompanyMAHAMAYA STEEL INDUSTRIES LIMITED
BSE Scrip Code513554
NSE SymbolMAHASTEEL
MSE SymbolNOTLISTED
Date of Start of Financial Year01-04-2022
Date of End of Financial Year31-03-2023
Reporting PeriodSecond half yearly
Date of Start of Reporting Period01-10-2022
Date of End of Reporting Period31-03-2023
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/publicYes
(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.






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)
1Mahamaya Steel Industries LimitedAABCR0695QAbhishek Steel Industries LimitedAAECA3704GAssociatePurchase of goods or services4152.56404NIL4152.56404704.965964857.53Textual Information(1)
2Mahamaya Steel Industries LimitedAABCR0695QAbhishek Steel Industries LimitedAAECA3704GAssociateAny other transactionRent Income0.426NIL0.4260.3540.78Textual Information(2)
3Mahamaya Steel Industries LimitedAABCR0695QRajesh AgrawalACIPA2234LPromoter and Managing DirectorRemuneration83.04NIL83.0424.96108Textual Information(3)
4Mahamaya Steel Industries LimitedAABCR0695QRekha AgrawalACIPA5798HPromoter and DirectorRemuneration40.3NIL40.313.754Textual Information(4)
5Mahamaya Steel Industries LimitedAABCR0695QSuresh RamanADBPR6477QDirector and CFORemuneration2.96NIL2.962.645.6Textual Information(5)
6Mahamaya Steel Industries LimitedAABCR0695QRajesh Agrawal HUFAAFHR9523QPromoter GroupAny other transaction Transportation Charges Paid14.28NIL14.2814.0428.32Textual Information(6)
7Mahamaya Steel Industries LimitedAABCR0695QAntriksh Commerce Private LimitedAACCA3616PEnterprises owned or significantly influenced by Key Mnagaerial Personnel or their Relative (either individually or with others)Any other transactionTransfer on account of Merger to Escort Finvest Pvt Ltd.0NIL0613.015930Textual Information(7)
8Mahamaya Steel Industries LimitedAABCR0695QDevi Iron & Power Private LimitedAABCD9753DEnterprises owned or significantly influenced by Key Mnagaerial Personnel or their Relative (either individually or with others)Sale of goods or services31.91818NIL31.9181820.7918252.71Textual Information(8)
9Mahamaya Steel Industries LimitedAABCR0695QDevi Iron & Power Private LimitedAABCD9753DEnterprises owned or significantly influenced by Key Mnagaerial Personnel or their Relative (either individually or with others)Purchase of goods or services4.86999999998261E-03NIL01258.455131258.46Textual Information(9)
10Mahamaya Steel Industries LimitedAABCR0695QDevi Iron & Power Private LimitedAABCD9753DEnterprises owned or significantly influenced by Key Mnagaerial Personnel or their Relative (either individually or with others)Any other transactionAccount Receivable0NIL0360.83244030Textual Information(10)
11Mahamaya Steel Industries LimitedAABCR0695QEscort Finvest Private LimitedAABCE1409KEnterprises owned or significantly influenced by Key Mnagaerial Personnel or their Relative (either individually or with others)Any other transactionLoan Repaid15.00086NIL15.00086174.38914189.39Textual Information(11)
12Mahamaya Steel Industries LimitedAABCR0695QEscort Finvest Private LimitedAABCE1409KEnterprises owned or significantly influenced by Key Mnagaerial Personnel or their Relative (either individually or with others)Interest paid31.65717NIL31.657172.5228334.18Textual Information(12)
13Mahamaya Steel Industries LimitedAABCR0695QMahamaya Charitable FoundationAAGCM6387BEnterprises owned or significantly influenced by Key Mnagaerial Personnel or their Relative (either individually or with others)Any other transactionRent Income0.1038NIL0.10380.10620.21Textual Information(13)
14Mahamaya Steel Industries LimitedAABCR0695QAbhishek Steel Industries LimitedAAECA3704GAssociateAny other transactionAccount Payables820.41748NIL820.41748537.852521358.27Textual Information(14)
15Mahamaya Steel Industries LimitedAABCR0695QSuresh RamanADBPR6477QDirector and CFOAny other transactionAccount Payables0.05NIL0.050.310.26Textual Information(15)
16Mahamaya Steel Industries LimitedAABCR0695QRajesh Agrawal HUFAAFHR9523QPromoter GroupAny other transactionAccount Payables0NIL01.87166760Textual Information(16)
17Mahamaya Steel Industries LimitedAABCR0695QJaswinder Kaur MissionAMTPM5192QCompany SecretaryRemuneration6NIL6612Textual Information(17)
18Mahamaya Steel Industries LimitedAABCR0695QUdayraj SinghaniaBOXPS4650GIndependent DirectorAny other transactionDirector Sitting Fees0.32NIL0.320.340.66Textual Information(18)
19Mahamaya Steel Industries LimitedAABCR0695QVanitha RangaiahAIWPR7836DIndependent DirectorAny other transactionDirector Sitting Fees0.24NIL0.240.240.48Textual Information(19)
20Mahamaya Steel Industries LimitedAABCR0695QRajesh LuniaABXPL1832FIndependent DirectorAny other transactionDirector Sitting Fees0.195NIL0.1950.210.405Textual Information(20)
21Mahamaya Steel Industries LimitedAABCR0695QMahamaya Charitable FoundationAAGCM6387BEnterprises owned or significantly influenced by Key Mnagaerial Personnel or their Relative (either individually or with others)Any other transactionCSR Expenses5.25NIL5.2505.25Textual Information(21)
22Mahamaya Steel Industries LimitedAABCR0695QAbhishek Steel Industries LimitedAAECA3704GAssociateInterest paid43.6NIL43.6043.6Textual Information(22)
23Mahamaya Steel Industries LimitedAABCR0695QEscort Finvest Private LimitedAABCE1409KEnterprises owned or significantly influenced by Key Mnagaerial Personnel or their Relative (either individually or with others)Any other transactionLoan Transfer from Antriksh Commerce Pvt Ltd to Escort finvest Pvt Ltd on the Account of merger.613.02NIL613.020613.02Textual Information(23)
24Mahamaya Steel Industries LimitedAABCR0695QEscort Finvest Private LimitedAABCE1409KEnterprises owned or significantly influenced by Key Mnagaerial Personnel or their Relative (either individually or with others)Any other transactionRedemption of Preference Share200NIL2000200Textual Information(24)
25Mahamaya Steel Industries LimitedAABCR0695QEscort Finvest Private LimitedAABCE1409KEnterprises owned or significantly influenced by Key Mnagaerial Personnel or their Relative (either individually or with others)Any other transactionLoans Payable626.51NIL626.510626.51Textual Information(25)
26Mahamaya Steel Industries LimitedAABCR0695QAntriksh Commerce Private LimitedAACCA3616PEnterprises owned or significantly influenced by Key Mnagaerial Personnel or their Relative (either individually or with others)Any other transactionLoan Transfer to Escort finvest on account of Merger613.02NIL613.020613.02Textual Information(26)
Total value of transaction during the reporting period7300.87253