General information about company

Name of The CompanyMUKESH BABU FINANCIAL SERVICES LIMITED
BSE Scrip Code530341
NSE SymbolNA
MSE SymbolNA
Date of Start of Financial Year01-04-2024
Date of End of Financial Year31-03-2025
Reporting PeriodFirst half yearly
Date of Start of Reporting Period01-04-2024
Date of End of Reporting Period30-09-2024
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.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?Yes
Latest Date on which RPT policy is updated28-01-2022
Indicate Company website link for updated RPT policy of the Companyhttps://mbfsl.com/wp-content/uploads/2024/11/Policy-on-dealing-with-Related-Party-Transactions-28.01.2022.pdf






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)
1MUKESH BABU FINANCIAL SERVICES LIMITEDAAACM3519MMukesh Babu Securities LtdAAACM6030FSubsidiary CompanyLoan1000Approved through Omnibus approval3001.4182.03Loan0.096 monthsUnsecured working capital and InvestmentTextual Information(1)
2MUKESH BABU FINANCIAL SERVICES LIMITEDAAACM3519MIstaa Fashions Private Ltd.AABCN9189PControlled by KMP or their relativesLoan1000Approved through Omnibus approval201000Loan0.096 monthsUnsecured working capital and InvestmentTextual Information(2)
3MUKESH BABU FINANCIAL SERVICES LIMITEDAAACM3519MMukesh Babu Stock Broking P. LtdAABCM9520HControlled by KMP or their relativesLoan50Approved through Omnibus approval00.50.5Loan06 monthsUnsecured working capital and InvestmentTextual Information(3)
4MUKESH BABU FINANCIAL SERVICES LIMITEDAAACM3519MMukesh Babu Management Consultants P.LtdAABCM9525CControlled by KMP or their relativesLoan50Approved through Omnibus approval00.750.75Loan06 monthsUnsecured working capital and InvestmentTextual Information(4)
5MUKESH BABU FINANCIAL SERVICES LIMITEDAAACM3519MMukesh BabuAABPB9901CKey management personnel of entity Remuneration40Approved through Omnibus approval7.500Textual Information(5)
6MUKESH BABU FINANCIAL SERVICES LIMITEDAAACM3519MPankaj MajithiaADRPM2111NNon-Executive Independent DirectorAny other transactionSitting FeesAs permitted under Companies act and SEBI Regulations0.200Textual Information(6)
7MUKESH BABU FINANCIAL SERVICES LIMITEDAAACM3519MVijay VoraAABPV6829RNon-Executive Independent DirectorAny other transactionSitting FeesAs permitted under Companies act and SEBI Regulations0.200Textual Information(7)
8MUKESH BABU FINANCIAL SERVICES LIMITEDAAACM3519MBhavesh DoshiAHTPD5129KNon-Executive - Independent Director Any other transactionSitting FeesAs permitted under Companies act and SEBI Regulations0.200Textual Information(8)
9MUKESH BABU FINANCIAL SERVICES LIMITEDAAACM3519MNupur ChaturvediAHEPC1725BKey management personnel of entity Remuneration30Approved through Omnibus approval7.500Textual Information(9)
10MUKESH BABU FINANCIAL SERVICES LIMITEDAAACM3519MMeena Mukesh BabuAAFBB1958FNon-Executive - Non Independent DirectorAny other transactionSitting FeesAs permitted under Companies act and SEBI Regulations0.200Textual Information(10)
11MUKESH BABU FINANCIAL SERVICES LIMITEDAAACM3519MIstaa Finserv Private LimitedAADCM1967EControlled by relatives of KMPLoan1000Approved through Omnibus approval325511.96536.96Loan0.091 yearUnsecured working capital and InvestmentTextual Information(11)
12MUKESH BABU FINANCIAL SERVICES LIMITEDAAACM3519MRushil Industries Ltd.AABCR0170Na public company in which a director holds along with his relatives, more than two per cent. of its paid-up share capitalLoan1000Approved through audit Committee000Textual Information(12)
13MUKESH BABU FINANCIAL SERVICES LIMITEDAAACM3519MMiloni Enterprise Ltd ( Formerly Rushil Enterprise Ltd.)AABCJ5861Ea public company in which a director holds along with his relatives, more than two per cent. of its paid-up share capitalLoan1000Approved through audit Committee0456.87217.37Loan0.121 yearUnsecured working capital and InvestmentTextual Information(13)
14MUKESH BABU FINANCIAL SERVICES LIMITEDAAACM3519MIstaa Finserv Private LimitedAADCM1967EControlled by relatives of KMPAny other transactionBrokerage1000Approved through audit Committee13.7100Textual Information(14)
15MUKESH BABU FINANCIAL SERVICES LIMITEDAAACM3519MASHTAVINAYAK INFRATECH PVT LTDAAECA5599FControlled by KMP or their relativesLoan1000Approved through audit Committee75166.18241.18Loan0.096 monthsUnsecured working capital and InvestmentTextual Information(15)
16MUKESH BABU FINANCIAL SERVICES LIMITEDAAACM3519MManishkumar Nagindas ShahABSPS0411NNon-Executive Independent DirectorAny other transactionSitting Fees0Approved through Omnibus approval000Textual Information(16)
17MUKESH BABU FINANCIAL SERVICES LIMITEDAAACM3519MISTAA INFOTECH P.LTDAABCC5455HControlled by KMP or their relativesLoan1000Approved through Omnibus approval650.3955.39Loan0.096 monthsUnsecured working capital and InvestmentTextual Information(17)
18MUKESH BABU FINANCIAL SERVICES LIMITEDAAACM3519MRushil Infrastructure P.LtdAAFCR4935FControlled by KMP or their relativesLoan1000Approved through Omnibus approval081.810.81Loan0.126 monthsUnsecured working capital and InvestmentTextual Information(18)
19MUKESH BABU FINANCIAL SERVICES LIMITEDAAACM3519MRushil Recycling P.Ltd.AADCA1952BControlled by KMP or their relativesLoan1000Approved through audit Committee0179.310.31Loan0.126 monthsUnsecured working capital and InvestmentTextual Information(19)
20MUKESH BABU FINANCIAL SERVICES LIMITEDAAACM3519MSagar systech LtdAAACS8115MControlled by KMP or their relativesLoan1000Approved through Omnibus approval14525.2543Loan0.096 monthsUnsecured working capital and InvestmentTextual Information(20)
21MUKESH BABU FINANCIAL SERVICES LTDAAACM3519MMAHESH THAKARAAIPT1182GKey Management Personnel of entityRemuneration30Approved at the time of Appointment6.600Textual Information(21)
22MUKESH BABU FINANCIAL SERVICES LTDAAACM3519MDEEPALI THAKARAEUPT1852KKey Management Personnel of entity relativeAny other transactionFees30Approved at the time of Appointment3.900Textual Information(22)
23MUKESH BABU FINANCIAL SERVICES LTDAAACM3519MC L BABU FOUNDATIONAABTC6992NControlled by KMP or their relativesAny other transactionCSRApproved through Omnibus approval000Textual Information(23)
24MUKESH BABU SECURITIES LTDAAACM6030FIstaa Fashions Private Ltd.AABCN9189PControlled by KMP or their relativesLoan1000Approved through Omnibus approval of the Holding Company00.130Loan0.096 monthsUnsecured working capital and InvestmentTextual Information(24)
25MUKESH BABU SECURITIES LTDAAACM6030FMEENA BABUAAFPB1958FKey management personnel of entity and its SubsidiaryRemuneration1000Approved 3.7500Textual Information(25)
26MUKESH BABU SECURITIES LTDAAACM6030FMUKESH BABU FINANCIAL SERVICES LIMITEDAAACM3519MHolding CompanyLoan1000Approved through Omnibus approval of the Holding Company3001.4182.03Loan0.096 monthsUnsecured working capital and InvestmentTextual Information(26)
27MUKESH BABU SECURITIES LTDAAACM6030FASHTAVINAYAK INFRATECH PVT LTDAAECA5599FControlled by KMP or their relativesLoan1000Approved through Omnibus approval of the Holding Company00.060Loan0.096 monthsUnsecured working capital and InvestmentTextual Information(27)
28MUKESH BABU SECURITIES LTDAAACM6030FISTAA INFOTECH P.LTDAABCC5455HControlled by KMP or their relativesLoan1000Approved through Omnibus approval of the Holding Company00.060Loan0.096 monthsUnsecured working capital and InvestmentTextual Information(28)
29MUKESH BABU SECURITIES LTDAAACM6030FSagar systech LtdAAACS8115MControlled by KMP or their relativesLoan1000Approved through Omnibus approval of the Holding Company700.220Loan0.096 monthsUnsecured working capital and InvestmentTextual Information(29)
30MUKESH BABU SECURITIES LTDAAACM6030FIstaa Finserv Private LimitedAADCM1967EControlled by relatives of KMPAny other transactionBrokerage1000Approved through Omnibus approval of the Holding Company4.4900Textual Information(30)
Total value of transaction during the reporting period1348.25