MD
Modern Denim MD, chairman, board of directors and AGM
BSE: 500451Textiles & Apparels
Trading suspended since 7 Jan 2002
Statutory auditor
Named in the results for the quarter to Mar 2025.
- M/s J.T. Shah & Co.Peer-review certificate valid to Dec 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Related party transactions
Dealings with its subsidiaries, promoters, directors and their firms, reported every half-year.
- Half-year to Mar 2025Related party transactions in the half-year. Every amount the company listed for the half-year, added up as the company reports them. The list can hold balances outstanding, loan and guarantee limits and notional values beside payments, so the total is the size of the list, not money paid.
- ₹3.47 Cr8 dealings, 2 loans and advancesLoans and advances. How many of the dealings were a loan, deposit, advance or investment given.
- Half-year to Sep 2024Related party transactions in the half-year. Every amount the company listed for the half-year, added up as the company reports them. The list can hold balances outstanding, loan and guarantee limits and notional values beside payments, so the total is the size of the list, not money paid.
- ₹1.22 Cr6 dealings, 2 loans and advancesLoans and advances. How many of the dealings were a loan, deposit, advance or investment given.
- Half-year to Mar 2024Related party transactions in the half-year. Every amount the company listed for the half-year, added up as the company reports them. The list can hold balances outstanding, loan and guarantee limits and notional values beside payments, so the total is the size of the list, not money paid.
- ₹1.22 Cr6 dealings, 2 loans and advancesLoans and advances. How many of the dealings were a loan, deposit, advance or investment given.
| Between | Dealing | Limit the audit committee approved. The most the audit committee allowed the company to deal with the party for in this kind of dealing, as the company reports it. | Owed at the start of the half-year. The balance between the company and the party when the half-year began, as the company reports it: above nought is owed to the company, below nought is owed by it. | Owed at the end of the half-year. The balance between the company and the party at the half-year's end, as the company reports it: above nought is owed to the company, below nought is owed by it. | |
|---|---|---|---|---|---|
| MODERN DENIM LIMITED and MODERN INSULATORS LIMITEDCompany in which exercise significant influence | Loan | 2.00 | 1.90 | 67.94 | 69.84 |
| MODERN DENIM LIMITED and MODERN INSULATORS LIMITEDCompany in which exercise significant influence | Any other transactionReimbursement of Power charges by MDL | 3.00 | 0.79 | 0.00 | 0.00 |
| MODERN DENIM LIMITED and MODERN INSULATORS LIMITEDCompany in which exercise significant influence | Purchase of goods or services | 2.00 | 0.25 | 0.00 | 0.00 |
| MODERN DENIM LIMITED and MODERN INSULATORS LIMITEDCompany in which exercise significant influence | Any other transactionLoan repaidLoan, 0, unsecured, As per scheme of compromise and arrangement | 10.00 | 0.18 | 0.00 | 0.00 |
| MODERN DENIM LIMITED and Shri Suvrat RankaKey Managerial Personnel | Any other transactionRemuneration | – | 0.16 | 0.00 | 0.03 |
| MODERN DENIM LIMITED and MODERN INSULATORS LIMITEDCompany in which exercise significant influence | Sale of goods or services | 0.30 | 0.11 | ₹22,000 | 0.00 |
| MODERN DENIM LIMITED and Smt. Sanjana Suvrat RankaRelative of Key Managerial Person | Any other transactionRemuneration | – | 0.07 | 0.00 | 0.01 |
| MODERN DENIM LIMITED and MODERN INSULATORS LIMITEDCompany in which exercise significant influence | Any other transactionLoan receivedLoan, 0, unsecured, As per scheme of compromise and arrangement | 10.00 | ₹44,000 | 0.00 | 0.00 |
The 8 largest of 8 dealings in the half-year to Mar 2025, ₹ crore.