General information about company

Name of The CompanyTHE SOUTH INDIA PAPER MILLS LIMITED
BSE Scrip Code516108
NSE Symbol
MSE Symbol
Date of Start of Financial Year01-04-2023
Date of End of Financial Year31-03-2024
Reporting PeriodSecond half yearly
Date of Start of Reporting Period01-10-2023
Date of End of Reporting Period31-03-2024
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.






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)
1THE SOUTH INDIA PAPER MILLS LIMITEDAAACT7549JMANISH M PATELAEEPP6501KManaging Director of the Listed entityRemunerationNA55.8600Textual Information(1)
2THE SOUTH INDIA PAPER MILLS LIMITEDAAACT7549JVANDHANA M PATELADAPP6960DWife of Mr Manish M Patel (KMP)Managing Director of the listed entityRemunerationNA10.9500Textual Information(2)
3THE SOUTH INDIA PAPER MILLS LIMITEDAAACT7549JB RAVI HOLLAAAIPH2150GKey Manegerial Personnel of the Listed entity - CFORemunerationNA13.600Textual Information(3)
4THE SOUTH INDIA PAPER MILLS LIMITEDAAACT7549JVIDYA BHATALTPV5504EKey Manegerial Personnel of the Listed entity - CSRemunerationNA5.3600Textual Information(4)
5THE SOUTH INDIA PAPER MILLS LIMITEDAAACT7549JDINESHCHANDRA C PATELABBPP4124CNon Executive Director of the listed entity Any other transactionSitting feesNA0.100Textual Information(5)
6THE SOUTH INDIA PAPER MILLS LIMITEDAAACT7549JM G MOHAN KUMARADVPM5755ENon Executive Independent Director of the listed entity Any other transactionSitting feesNA0.500Textual Information(6)
7THE SOUTH INDIA PAPER MILLS LIMITEDAAACT7549JS R CHANDRASEKARA SETTY ACKPC7349GNon Executive Independent Director of the listed entity Any other transactionSitting feesNA0.600Textual Information(7)
8THE SOUTH INDIA PAPER MILLS LIMITEDAAACT7549JJAGDISH M PATELADQPP3156RNon Executive Independent Director of the listed entity Any other transactionSitting feesNA0.400Textual Information(8)
9THE SOUTH INDIA PAPER MILLS LIMITEDAAACT7549JAJAY D PATELABAPP3615PNon Executive Director of the listed entity Any other transactionSitting feesNA0.300Textual Information(9)
10THE SOUTH INDIA PAPER MILLS LIMITEDAAACT7549JJITENDRA A PATELAGIPP7237JNon Executive Director of the listed entity Any other transactionSitting feesNA0.100Textual Information(10)
11THE SOUTH INDIA PAPER MILLS LIMITEDAAACT7549JN S KISHORE KUMARAAFPN4248HNon Executive Independent Director of the listed entity Any other transactionSitting feesNA0.300Textual Information(11)
12THE SOUTH INDIA PAPER MILLS LIMITEDAAACT7549JGIRIJA SHANKAR AANPG1420HNon Executive Independent Director of the listed entity Any other transactionSitting feesNA0.400Textual Information(12)
13THE SOUTH INDIA PAPER MILLS LIMITEDAAACT7549JHARSHAD NATVARLAL MODIAEAPM8485MNon Executive Director of the listed entity Any other transactionSitting feesNA0.300Textual Information(13)
14THE SOUTH INDIA PAPER MILLS LIMITEDAAACT7549JKANISHKA HARSHAD MODIAHCPM2408FWhole time Director of the Listed entity RemunerationNA19.5200Textual Information(14)
15THE SOUTH INDIA PAPER MILLS LIMITEDAAACT7549JPRASHANTH N (SYTEC SOLUTIONS)ASHPP7826LHusband of KMP - CS Vidya BhatPurchase of goods or services35NA5.8900Textual Information(15)
16THE SOUTH INDIA PAPER MILLS LIMITEDAAACT7549JHORIZON PACKS PVT LTDAABCH1561KDirector's brother is a Whole Time Director in Horizon Packs Pvt Ltd Sale of goods or services2000NA1805.3500Textual Information(16)
17THE SOUTH INDIA PAPER MILLS LIMITEDAAACT7549JHORIZON PACKS PVT LTDAABCH1561KDirector's brother is a Whole Time Director in Horizon Packs Pvt Ltd Purchase of goods or services2000NA211.3600Textual Information(17)
Total value of transaction during the reporting period2130.89