General information about company

Name of The CompanyMEDICO REMEDIES LIMITED
BSE Scrip Code 540937
NSE SymbolMEDICO
MSE SymbolNOTLISTED
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)
1Medico Remedies LimitedAABCM8349LHaresh K MehtaAABPM1435GDirectorRemuneration35NIL9.3112.7335.28Textual Information(1)
2Medico Remedies LimitedAABCM8349LHaresh K MehtaAABPM1435GDirectorAny other transactionRent10NIL6.2500Textual Information(2)
3Medico Remedies LimitedAABCM8349LHaresh K MehtaAABPM1435GDirectorAny other transactionReimbursement of expense5NIL0.20.50.44Textual Information(3)
4Medico Remedies LimitedAABCM8349LHarshit H MehtaAIZPM8690BDirectorRemuneration30NIL11.216.8722.01Textual Information(4)
5Medico Remedies LimitedAABCM8349LHarshit H MehtaAIZPM8690BDirectorAny other transactionRent10NIL6.2500Textual Information(5)
6Medico Remedies LimitedAABCM8349LHarshit H MehtaAIZPM8690BDirectorAny other transactionReimbursement of expense5NIL0.790.040.51Textual Information(6)
7Medico Remedies LimitedAABCM8349LRishit H MehtaAQAPM2365GDirectorRemuneration40NIL10.547.6823.69Textual Information(7)
8Medico Remedies LimitedAABCM8349LRishit H MehtaAQAPM2365GDirectorLoan100NIL90060Textual Information(8)
9Medico Remedies LimitedAABCM8349LRishit H MehtaAQAPM2365GDirectorAny other transactionLoan repaid100NIL30060Textual Information(9)
10Medico Remedies LimitedAABCM8349LRishit H MehtaAQAPM2365GDirectorAny other transactionRent10NIL6.2500Textual Information(10)
11Medico Remedies LimitedAABCM8349LRishit H MehtaAQAPM2365GDirectorAny other transactionReimbursement of expense5NIL1.630.60.17Textual Information(11)
12Medico Remedies LimitedAABCM8349LRita H MehtaAEVPM6963PDirectorAny other transactionRent10NIL6.2500Textual Information(12)
13Medico Remedies LimitedAABCM8349LShweta H MehtaAFHPV0734JWife of DirectorRemuneration20NIL3.138.7319.75Textual Information(13)
14Medico Remedies LimitedAABCM8349LDinesh Navnitlal ModiAAFPM3811LCompany Secretary & Compliance OfficerRemuneration1NIL0.900Textual Information(14)
Total value of transaction during the reporting period182.71