General information about company

Name of The CompanyKITEX GARMENTS LIMITED
BSE Scrip Code521248
NSE SymbolKITEX
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)
1Kitex Garments LimitedAABCK0714FKitex Childrenswear LimitedAABCK3905CGroup companySale of goods or services27000Nil4085.2500Textual Information(1)
2Kitex Garments LimitedAABCK0714FKitex Childrenswear LimitedAABCK3905CGroup companyAny other transactionLease Agreement45Nil17.0700Textual Information(2)
3Kitex Garments LimitedAABCK0714FKitex Childrenswear LimitedAABCK3905CGroup companyPurchase of goods or services9200Nil1678.3800Textual Information(3)
4Kitex Garments LimitedAABCK0714FKitex Childrenswear LimitedAABCK3905CGroup companySale of goods or services4200Nil353.6900Textual Information(4)
5Kitex Garments LimitedAABCK0714FKitex Childrenswear LimitedAABCK3905CGroup companyPurchase of goods or services270Nil1.4900Textual Information(5)
6Kitex Garments LimitedAABCK0714FKitex LimitedAABCK1586DOther related partiesPurchase of goods or services3000Nil1.0100Textual Information(6)
7Kitex Garments LimitedAABCK0714FKitex LimitedAABCK1586DOther related partiesPurchase of goods or services25Nil0.0300Textual Information(7)
8Kitex Garments LimitedAABCK0714FKitex LimitedAABCK1586DOther related partiesPurchase of goods or services450Nil0.2600Textual Information(8)
9Kitex Garments LimitedAABCK0714FKitex LimitedAABCK1586DOther related partiesSale of goods or services750Nil14.0800Textual Information(9)
10Kitex Garments LimitedAABCK0714FAnna Aluminium Company P LtdAAFCA6562ROther related partiesPurchase of goods or services40Nil0.5400Textual Information(10)
11Kitex Garments LimitedAABCK0714FAnna Aluminium Company P LtdAAFCA6562ROther related partiesSale of goods or services40Nil0.600Textual Information(11)
12Kitex Garments LimitedAABCK0714FSara Spices Private LtdAAXCS7461BOther related partiesPurchase of goods or services50Nil28.900Textual Information(12)
13Kitex Garments LimitedAABCK0714FKitex Littlewear LimitedAAHCK2761NWholly owned SubsidiaryAny other transactionLease Agreement30Nil0.600Textual Information(13)
14Kitex Garments LimitedAABCK0714FKitex Littlewear LimitedAAHCK2761NWholly owned SubsidiaryInterest received400Nil27.2600Textual Information(14)
15Kitex Garments LimitedAABCK0714FKitex Littlewear LimitedAAHCK2761NWholly owned SubsidiaryAdvance30Nil0.7800Textual Information(15)
16Kitex Garments LimitedAABCK0714FKitex Kidswear LimitedAAHCK3278QWholly owned SubsidiaryAny other transactionLease Agreement20Nil0.600Textual Information(16)
17Kitex Garments LimitedAABCK0714FKitex Kidswear LimitedAAHCK3278QWholly owned SubsidiaryInterest received200Nil15.0600Textual Information(17)
18Kitex Garments LimitedAABCK0714FKitex Kidswear LimitedAAHCK3278QWholly owned SubsidiaryAdvance17Nil0.8100Textual Information(18)
19Kitex Garments LimitedAABCK0714FKitex Knits LimitedAAHCK3449HWholly owned SubsidiaryAny other transactionLease Agreement20Nil0.600Textual Information(19)
20Kitex Garments LimitedAABCK0714FKitex Knits LimitedAAHCK3449HWholly owned SubsidiaryInterest received100Nil18.9300Textual Information(20)
21Kitex Garments LimitedAABCK0714FKitex Knits LimitedAAHCK3449HWholly owned SubsidiaryAdvance50Nil0.7600Textual Information(21)
22Kitex Garments LimitedAABCK0714FKitex Socks LimitedAAHCK3453FWholly owned SubsidiaryAny other transactionLease Agreement20Nil0.600Textual Information(22)
23Kitex Garments LimitedAABCK0714FKitex Socks LimitedAAHCK3453FWholly owned SubsidiaryInterest received100Nil5.3400Textual Information(23)
24Kitex Garments LimitedAABCK0714FKitex Socks LimitedAAHCK3453FWholly owned SubsidiaryAdvance15Nil0.7400Textual Information(24)
25Kitex Garments LimitedAABCK0714FKitex Packs LimitedAAHCK3456AWholly owned SubsidiaryAny other transactionLease Agreement20Nil0.600Textual Information(25)
26Kitex Garments LimitedAABCK0714FKitex Packs LimitedAAHCK3456AWholly owned SubsidiaryInterest received50Nil5.5900Textual Information(26)
27Kitex Garments LimitedAABCK0714FKitex Packs LimitedAAHCK3456AWholly owned SubsidiaryAdvance20Nil0.7500Textual Information(27)
28Kitex Garments LimitedAABCK0714FKitex Babywear LimitedAAHCK3451HWholly owned SubsidiaryAny other transactionLease Agreement20Nil0.600Textual Information(28)
29Kitex Garments LimitedAABCK0714FKitex Babywear LimitedAAHCK3451HWholly owned SubsidiaryInterest received60Nil3.2300Textual Information(29)
30Kitex Garments LimitedAABCK0714FKitex Babywear LimitedAAHCK3451HWholly owned SubsidiaryAdvance15Nil0.7400Textual Information(30)
31Kitex Garments LimitedAABCK0714FKitex Apparel Parks LimitedAAJCK1626LSubsidiary CompanyAny other transactionExpenses reimbursed100Nil72.3800Textual Information(31)
32Kitex Garments LimitedAABCK0714FKitex Apparel Parks LimitedAAJCK1626LSubsidiary CompanyInvestment50000Nil1967.700Textual Information(32)
33Kitex Garments LimitedAABCK0714FKitex Apparel Parks LimitedAAJCK1626LSubsidiary CompanyAny other transactionLease Agreement40Nil0.600Textual Information(33)
34Kitex Garments LimitedAABCK0714FTwenty 20 Kizhakkambalam AssociationAAEAT0131CCharitable SocietyAny other transactionDonation1000Nil33500Textual Information(34)
35Kitex Garments LimitedAABCK0714FKitex USA LLCZZZZZ9999ZAssociate CompanySale of goods or services60000Nil781.4900Textual Information(35)
36Kitex Garments LimitedAABCK0714FKitex USA LLCZZZZZ9999ZAssociate CompanyAny other transactionCommission900Nil825.2800Textual Information(36)
37Kitex Garments LimitedAABCK0714FSabu Meckamkunnel Jacob (Chairman and Managing Director)ACLPJ5484CKey Managerial PersonnelRemuneration54Nil5400Textual Information(37)
38Kitex Garments LimitedAABCK0714FSabu Meckamkunnel Jacob (Chairman and Managing Director)ACLPJ5484CKey Managerial PersonnelDividend paid340.96Nil340.9600Textual Information(38)
39Kitex Garments LimitedAABCK0714FSindhu Chandrasekharan (Whole-Time Director)AEHPC8746GKey Managerial PersonnelRemuneration14.22Nil14.2200Textual Information(39)
40Kitex Garments LimitedAABCK0714FBoby Michael (Chief Financial Officer)AELPM5396JKey Managerial PersonnelRemuneration23.75Nil23.7500Textual Information(40)
41Kitex Garments LimitedAABCK0714FDayana Joseph (Company Secretary)ANSPJ9114FKey Managerial PersonnelRemuneration6.11Nil6.1100Textual Information(41)
42Kitex Garments LimitedAABCK0714FKitex Childrenswear LimitedAABCK3905CGroup companyDividend paid158.79Nil158.7900Textual Information(42)
43Kitex Apparel Parks LimitedAAJCK1626LKitex Childrenswear LimitedAABCK3905CGroup companyAny other transactionIssue of shares318.3Nil318.300Textual Information(43)
44Kitex Apparel Parks LimitedAAJCK1626LKitex Building Sysytems L.L.C-FZZZZZZ9999ZOther related partiesPurchase of goods or services10000Nil234.3500Textual Information(44)
Total value of transaction during the reporting period11397.82