General information about company

Name of The CompanyValiant Communications Limited
BSE Scrip Code526775
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)
1Valiant Communications LimitedAAACV4250GMr. Inder Mohan SoodAAWPS7834GKey management personnel of entity or parentRemuneration27.99Approved27.994.072.852Textual Information(1)
2Valiant Communications LimitedAAACV4250GMr. Davinder Mohan Sood AAWPS7833BKey management personnel of entity or parentRemuneration25.8Approved25.83.752.832Textual Information(2)
3Valiant Communications LimitedAAACV4250GMr. Gaurav Mohan Sood BPXPS3509HKey management personnel of entity or parentRemuneration15Approved152.21.85Textual Information(3)
4Valiant Communications LimitedAAACV4250GMr. Gaurav Kaura ASBPK4256BKey management personnel of entity or parentRemuneration1Approved100Textual Information(4)
5Valiant Communications LimitedAAACV4250GMr. Avinash Verma AADPV5183GKey management personnel of entity or parentRemuneration1Approved100Textual Information(5)
6Valiant Communications LimitedAAACV4250GMr. Sumit Mehta AMVPM3910GKey management personnel of entity or parentRemuneration1Approved100Textual Information(6)
7Valiant Communications LimitedAAACV4250GMs. Neepa Chatterjee AAAPC2951LKey management personnel of entity or parentRemuneration1Approved100Textual Information(7)
8Valiant Communications LimitedAAACV4250GValiant Communications (UK) LimitedZZZZZ9999ZWholly Owned SubsidiarySale of goods or services0Approved010.440Textual Information(8)
9Valiant Communications LimitedAAACV4250GValcomm Technologies Inc.ZZZZZ9999ZWholly Owned SubsidiarySale of goods or services27.91Approved27.91-38.20Textual Information(9)
10Valiant Communications LimitedAAACV4250GValiant Infrastructure LimitedAAACV5273HSubsidiaryPurchase of goods or services0Approved0-3.450Textual Information(10)
11Valcomm Technologies Inc.ZZZZZ9999ZMr. Davinder Mohan Sood AAWPS7833BKey management personnel of entity or parentRemuneration4.97Approved4.9700Textual Information(11)
Total value of transaction during the reporting period105.67



Text Block

Textual Information(1)
The remuneration of directors and key executives is determined by the remuneration committee having regard to the performance of individuals and market trends. It is exclusive of compensated expenses, gratuity and premium paid for group health insurance, as separate actuarial valuation / premium paid are not available.
Textual Information(2)
The remuneration of directors and key executives is determined by the remuneration committee having regard to the performance of individuals and market trends. It is exclusive of compensated expenses, gratuity and premium paid for group health insurance, as separate actuarial valuation / premium paid are not available.
Textual Information(3)
The remuneration of directors and key executives is determined by the remuneration committee having regard to the performance of individuals and market trends. It is exclusive of compensated expenses, gratuity and premium paid for group health insurance, as separate actuarial valuation / premium paid are not available.
Textual Information(4)
The remuneration consists sitting fees only. 
Textual Information(5)
The remuneration consists sitting fees only. 
Textual Information(6)
The remuneration consists sitting fees only. 
Textual Information(7)
The remuneration consists sitting fees only. 
Textual Information(8)
The negative balance here represents as amount payable . Whereas, the positive balance represents the amount receivable.
All intragroup balances and transactions reported here shall be eliminated in consolidated financial statements in accordance with the Companies (Indian Accounting Standards) Rules, 2015 notified by the Ministry of Corporate Affairs.
Textual Information(9)
The negative balance here represents as amount payable . Whereas, the positive balance represents the amount receivable.
All intragroup balances and transactions reported here shall be eliminated in consolidated financial statements in accordance with the Companies (Indian Accounting Standards) Rules, 2015 notified by the Ministry of Corporate Affairs.
Textual Information(10)
The negative balance here represents as amount payable . Whereas, the positive balance represents the amount receivable.
All intragroup balances and transactions reported here shall be eliminated in consolidated financial statements in accordance with the Companies (Indian Accounting Standards) Rules, 2015 notified by the Ministry of Corporate Affairs.
Textual Information(11)
The remuneration of directors and key executives is determined by the remuneration committee having regard to the performance of individuals and market trends. It is exclusive of compensated expenses, gratuity and premium paid for group health insurance, as separate actuarial valuation / premium paid are not available.