AI assistant
Sending…
Lakshmi Electrical Control Systems — Interim / Quarterly Report 2023
May 25, 2023
60893_rns_2023-05-25_5289087e-087b-4f38-bb7b-cde163992ec2.pdf
Interim / Quarterly Report
Open in viewerOpens in your device viewer
==> picture [277 x 16] intentionally omitted <==
SUDHAKARAN SATHYANARAYAN AN
Digitally signed by SUDHAKARAN SATHYANARAYANAN DN: c=IN, o=PERSONAL, pseudonym=48098b327eaf37341f04534d7c9bce8d80bb6b 50f457c46a67b588f224e4b4ed, postalCode=641014, st=TAMIL NADU, serialNumber=9f852a7c43af6d70bb3e9fef507bc877a8adf24 b7989fe29312ede36fb2f8bc5, cn=SUDHAKARAN SATHYANARAYANAN Date: 2023.05.25 19:27:32 +05'30'
==> picture [74 x 50] intentionally omitted <==
Lakshmi Electrical Control Systems Limited
Consolidated Related party transactions for the period from 1[st] October 2022 to 31[st] March 2023
Rs. in lakhs
| Rs. in lakhs | Rs. in lakhs | Rs. in lakhs | Rs. in lakhs | Rs. in lakhs | Rs. in lakhs | Rs. in lakhs | Rs. in lakhs | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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. |
||||||||||||||||
| S No |
Details of the party (listed Entity subsidiary) entering into the transaction |
Details of the counterparty | Type of related party transaction |
Value of the related party transaction as approved by the audit committee * |
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, o | r investments | |||||||
| Name | Name | 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.) |
Cost | Tenure | Nature (loan/ Advance / inter corporate Deposit / investment |
Interest Rate (%) |
Tenure | Secured/ unsecured |
Purpose for which the funds will be utilised by the ultimate recipient of funds (end usage) |
||||
| 1 | Lakshmi Electrical Control Systems Limited |
Lakshmi Machine Works Limited | Other Related Party |
Purchase of Goods | 45000.00 | 1068.84 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Goods | 19035.55 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Accounts Payable | ‐ | 599.98 | 951.90 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Accounts receivable | ‐ | 6785.14 | 7505.12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| 2 | Lakshmi Electrical Control Systems Limited |
Lakshmi Electrical Drives Private Limited | Other Related Party |
Purchase of Goods | 200.00 | 0.39 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Receivingof Services | 2.77 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Renderingof Services | 3.72 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Accounts Payable | ‐ | 0.63 | 0.44 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Accounts Receivable | ‐ | 1.86 | 1.94 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| 3 | Lakshmi Electrical Control Systems Limited |
Lakshmi Ring Travellers (Coimbatore) Private Limited |
Other Related Party |
Sale of Goods | 500.00 | 17.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Receivingof Services | 2.08 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Accounts Payable | ‐ | 0.41 | 0.30 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Accounts Receivable | ‐ | 5.88 | 5.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| 4 | Lakshmi Electrical Control Systems Limited |
Lakshmi Precision Technologies Limited | Other Related Party |
Purchase of Goods | 10000.00 | 1782.55 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Goods | 89.41 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Receivingof Services | 5.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Rendering of Services | 1.58 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Accounts Payable | ‐ | 370.52 | 259.86 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Accounts Receivable | ‐ | 130.60 | 31.70 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| 5 | Lakshmi Electrical Control Systems Limited |
Starline Travels Private Limited | Other Related Party |
Purchase of Goods | 200.00 | 0.22 | ||||||||||
| Receiving of Services | 67.22 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Accounts Payable | ‐ | 5.60 | 13.80 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Page 1
| 6 | Lakshmi Electrical Control Systems Limited |
Adwaith Lakshmi Industries Private Limited |
Other Related Party |
Purchase of Goods | 50.00 | 0.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7 | Lakshmi Electrical Control Systems Limited |
Supreme Dairy Products India Private Limited |
Other Related Party |
Purchase of Goods | 100.00 | 25.79 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 8 | Lakshmi Electrical Control Systems Limited |
Lakshmi Life Sciences Private Limited | Other Related Party |
Sale of Goods | 800.00 | 51.33 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Receivingof Services | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Accounts Payable | ‐ | 0.08 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Accounts Receivable | ‐ | 57.91 | 19.67 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| 9 | Lakshmi Electrical Control Systems Limited |
Lakshmi Global | Other Related Party |
Sale of Goods | 2000.00 | 362.98 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Accounts Receivable | ‐ | 207.02 | 249.41 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| 10 | Lakshmi Electrical Control Systems Limited |
Eshaan Enterprises Private Limited | Other Related Party |
Purchase of Goods | 15.00 | 3.79 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Accounts Payable | ‐ | 1.89 | 0.82 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| 11 | Lakshmi Electrical Control Systems Limited |
Chakradhara Aerospace and Cargo Private Limited |
Other Related Party |
Receiving of Services | 400.00 | 70.67 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Accountspayable | ‐ | 6.89 | 11.89 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| 12 | Lakshmi Electrical Control Systems Limited |
Titan Paints and Chemicals Private Limited |
Other Related Party |
Purchase of Goods | 50.00 | 0.42 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Accounts Payable | ‐ | 0.48 | 0.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| 13 | Lakshmi Electrical Control Systems Limited |
Revantha Services Private Limited | Other Related Party |
Receivingof Services | 240.00 | 36.60 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Accounts Payable | ‐ | 2.04 | 7.08 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| 14 | Lakshmi Electrical Control Systems Limited |
Lakshmi Electrical Drives Corporate Service LLP |
Other Related Party |
Receiving of Services | 1200.00 | 355.98 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Accounts Payable | ‐ | 63.78 | 55.88 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| 15 | Lakshmi Electrical Control Systems Limited |
Lakshmi Electrical Control Systems Limited Employees Gratuity Fund |
Other Related Party |
Contribution to Gratuity Fund |
** | 48.34 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Accounts Payable | ‐ | 0.00 | 44.37 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| 15 | Lakshmi Electrical Control Systems Limited |
Nethra J S Kumar | Key Managerial Personnel of Entityor Parent |
Remuneration to KMP | ** | 78.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Accounts Payable | ‐ | 0.00 | 33.27 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| 16 | Lakshmi Electrical Control Systems Limited |
A.Thiagarajan | Key Managerial Personnel of Entityor Parent |
Remuneration to KMP | ** | 13.69 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 17 | Lakshmi Electrical Control Systems Limited |
S.Sathyanarayanan | Key Managerial Personnel of Entityor Parent |
Remuneration to KMP | ** | 11.92 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 18 | Lakshmi Electrical Control Systems Limited |
Sanjay Jayavarthanavelu | Director | Sitting Fees Paid | ** | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 19 | Lakshmi Electrical Control Systems Limited |
D.Senthilkumar | Director | Sitting Fees Paid | ** | 0.75 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Page 2
| 20 | Lakshmi Electrical Control Systems Limited |
Ramesh Rudrappan | Director | Sitting Fees Paid | ** | 1.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21 | Lakshmi Electrical Control Systems Limited |
A.Palaniappan | Director | Sitting Fees Paid | ** | 1.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 22 | Lakshmi Electrical Control Systems Limited |
Arun Selvaraj | Director | Sitting Fees Paid | ** | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 23 | Lakshmi Electrical Control Systems Limited |
N.R.Selvaraj | Director | Sitting Fees Paid | ** | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 24 | Lakshmi Electrical Control Systems Limited |
Arjun Balu | Director | Sitting Fees Paid | ** | 0.75 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
*Value of the related party transaction as approved by the audit committee is for the Financial Year 2022‐2023
** Approved by Board of Directors and Share Holders as applicable
Page 3
More from Lakshmi Electrical Control Systems
Regulatory Filings
2026
May 29
Regulatory Filings
2026
May 22
Earnings Release
2026
May 22
Interim / Quarterly Report
2026
May 20
Earnings Release
2026
May 20
Interim / Quarterly Report
2026
May 20
Interim / Quarterly Report
2026
May 20
Interim / Quarterly Report
2026
May 20
Interim / Quarterly Report
2026
May 20
Interim / Quarterly Report
2026
May 20