General information about company

Name of The CompanyDIFFUSION ENGINEERS LIMITED
BSE Scrip Code544264
NSE SymbolDIFFNKG
MSE SymbolNOTLISTED
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 transactionsMillions
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 updated13-12-2023
Indicate Company website link for updated RPT policy of the Companyhttps://www.diffusionengineers.com/images/Policies/2.Policy%20on%20Dealing%20with%20Related%20Party%20Transactions.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)
1DIFFUSION ENGINEERS LIMITEDAAACD8008LDiffusion Engineers Singapore Pte. Ltd.ZZZZZ9999ZSubsidiary CompanySale of goods or services80Approved by audit committee7.323.7922.38Textual Information(1)
2DIFFUSION ENGINEERS LIMITEDAAACD8008LDiffusion Hernon Adhesive & Sealants Pvt LtdAAECD3939QSubsidiary CompanySale of goods or services3Approved by audit committee0.330.43-1.37Textual Information(2)
3DIFFUSION ENGINEERS LIMITEDAAACD8008LDiffusion Super-Conditioning Services Pvt. Ltd.AABCD3851ASubsidiary CompanySale of goods or services140Approved by audit committee40.8922.8117.15Textual Information(3)
4DIFFUSION ENGINEERS LIMITEDAAACD8008LM/s Diffusion Wear Solutions Philippines Inc.ZZZZZ9999ZStepdown Subsidiary CompanySale of goods or services170Approved by audit committee24.2524.0322.17Textual Information(4)
5DIFFUSION ENGINEERS LIMITEDAAACD8008LM/s Mecdiff SD. BHD.ZZZZZ9999ZAssociate of Subsidiary CompanySale of goods or services19Approved by audit committee3.867.783.97Textual Information(5)
6DIFFUSION ENGINEERS LIMITEDAAACD8008LNowelco Industries Pvt. Ltd.AABCN7626FSubsidiary CompanySale of goods or services20Approved by audit committee5.429.228.59Textual Information(6)
7DIFFUSION ENGINEERS LIMITEDAAACD8008LDiffusion Eurasia Mühendislik Sanayi Ve Ticaret Anonim Sirketi ZZZZZ9999ZSubsidiary CompanySale of goods or services100Approved by audit committee28.5308.93Textual Information(7)
8DIFFUSION ENGINEERS LIMITEDAAACD8008LDiffusion Super-Conditioning Services Pvt. Ltd.AABCD3851ASubsidiary CompanyPurchase of goods or services2Approved by audit committee0.3622.8117.15Textual Information(8)
9DIFFUSION ENGINEERS LIMITEDAAACD8008LLSN Diffusion LtdZZZZZ9999ZJoint VenturePurchase of goods or services70Approved by audit committee32.0600.32Textual Information(9)
10DIFFUSION ENGINEERS LIMITEDAAACD8008LNowelco Industries Pvt. Ltd.AABCN7626FSubsidiary CompanyPurchase of goods or services250Approved by audit committee51.589.228.59Textual Information(10)
11DIFFUSION ENGINEERS LIMITEDAAACD8008LBenvira Forward Algorithms Private LimitedAAKCB7258ACommon Management companyAny other transactionReimursementNA1.37.416.38Textual Information(11)
12DIFFUSION ENGINEERS LIMITEDAAACD8008LDiffusion Hernon Adhesive & Sealants Pvt LtdAAECD3939QSubsidiary CompanyAny other transactionReimursementNA00.43-1.37Textual Information(12)
13DIFFUSION ENGINEERS LIMITEDAAACD8008LDiffusion Super-Conditioning Services Pvt. Ltd.AABCD3851ASubsidiary CompanyAny other transactionReimursementNA0.2622.8117.15Textual Information(13)
14DIFFUSION ENGINEERS LIMITEDAAACD8008LNowelco Industries Pvt. Ltd.AABCN7626FSubsidiary CompanyAny other transactionReimursementNA10.489.228.59Textual Information(14)
15DIFFUSION ENGINEERS LIMITEDAAACD8008L Mr. Prashant GargAFXPG5623HManaging DirectorAny other transactionReimursementNA0.1700Textual Information(15)
16DIFFUSION ENGINEERS LIMITEDAAACD8008LDiffusion Engineers Singapore Pte. Ltd.ZZZZZ9999ZSubsidiary CompanyAny other transactionDebit / (Credit) due to exchange fluctuationNA0.1-23.79-22.38Textual Information(16)
17DIFFUSION ENGINEERS LIMITEDAAACD8008LLSN Diffusion LtdZZZZZ9999ZJoint VentureAny other transactionDebit / (Credit) due to exchange fluctuationNA0.300.32Textual Information(17)
18DIFFUSION ENGINEERS LIMITEDAAACD8008LM/s Diffusion Wear Solutions Philippines Inc.ZZZZZ9999ZStepdown Subsidiary CompanyAny other transactionDebit / (Credit) due to exchange fluctuationNA8.2424.0322.17Textual Information(18)
19DIFFUSION ENGINEERS LIMITEDAAACD8008LM/s Mecdiff SD. BHD.ZZZZZ9999ZAssociate of Subsidiary CompanyAny other transactionDebit / (Credit) due to exchange fluctuationNA07.783.97Textual Information(19)
20DIFFUSION ENGINEERS LIMITEDAAACD8008LBenvira Forward Algorithms Private LimitedAPWPG7381PCommon Management companyAny other transactionReimursementNA1.37.416.38Textual Information(20)
21DIFFUSION ENGINEERS LIMITEDAAACD8008LMr. Prashant GargAFXPG5623HManaging DirectorRemuneration24Approved by board1200Textual Information(21)
22DIFFUSION ENGINEERS LIMITEDAAACD8008LMrs. Neelu GargAEYPC8118BRelative of Managing DirectorRemuneration5.52Approved by board2.7600Textual Information(22)
23DIFFUSION ENGINEERS LIMITEDAAACD8008LRenuka GargALQPG7761BNon - Executive DirectorAny other transactionSitting Fees to DirectorsApproved by board0.0700Textual Information(23)
24DIFFUSION ENGINEERS LIMITEDAAACD8008LAjay JainAABPJ2728FIndependent DirectorAny other transactionSitting Fees to DirectorsApproved by board0.1100Textual Information(24)
25DIFFUSION ENGINEERS LIMITEDAAACD8008LAnil TrigunayatAABPT6301NIndependent DirectorAny other transactionSitting Fees to DirectorsApproved by board0.1400Textual Information(25)
26DIFFUSION ENGINEERS LIMITEDAAACD8008LAnita VijaykarABOPV4779LIndependent DirectorAny other transactionSitting Fees to DirectorsApproved by board0.1100Textual Information(26)
27DIFFUSION ENGINEERS LIMITEDAAACD8008LPrashant GargAFXPG5623HManaging DirectorAny other transactionSitting Fees to DirectorsApproved by board0.1400Textual Information(27)
28DIFFUSION ENGINEERS LIMITEDAAACD8008LChitra GargABQPG8906JNon - Executive DirectorAny other transactionSitting Fees to DirectorsApproved by board0.1100Textual Information(28)
29DIFFUSION ENGINEERS LIMITEDAAACD8008LMr. Nitin N GargAERPG3915PNon - Executive DirectorAny other transactionSitting Fees to DirectorsApproved by board0.0700Textual Information(29)
30DIFFUSION ENGINEERS LIMITEDAAACD8008LRenuka GargALQPG7761BNon - Executive DirectorDividend paidNA0.1300Textual Information(30)
31DIFFUSION ENGINEERS LIMITEDAAACD8008LAnita VijaykarABOPV4779LIndependent DirectorDividend paidNA000Textual Information(31)
32DIFFUSION ENGINEERS LIMITEDAAACD8008LPrashant gargAFXPG5623HManaging DirectorDividend paidNA2.6100Textual Information(32)
33DIFFUSION ENGINEERS LIMITEDAAACD8008LChitra GargABQPG8906JNon - Executive DirectorDividend paidNA1.5300Textual Information(33)
34DIFFUSION ENGINEERS LIMITEDAAACD8008LMrs. Neelu GargAEYPC8118BRelative of Managing DirectorDividend paidNA000Textual Information(34)
35DIFFUSION ENGINEERS LIMITEDAAACD8008LMr Abhishek MehtaAKCPM7037MChief Financial OfficerDividend paidNA000Textual Information(35)
36DIFFUSION ENGINEERS LIMITEDAAACD8008LN. K. Garg HUFAABHN3161JPromoter GroupDividend paidNA0.5200Textual Information(36)
37DIFFUSION ENGINEERS LIMITEDAAACD8008LMr. Nitin N GargAERPG3915PNon - Executive DirectorDividend paidNA1.7200Textual Information(37)
38DIFFUSION ENGINEERS LIMITEDAAACD8008LAjay Jain ( H.U.F)AACHA2150FRelative of Independent DirectorDividend paidNA0.0200Textual Information(38)
39DIFFUSION ENGINEERS LIMITEDAAACD8008LMrs Daksha JainAABPJ2722RRelative of Independent DirectorDividend paidNA000Textual Information(39)
40DIFFUSION ENGINEERS LIMITEDAAACD8008LMrs. Chitra N GargABQPG8906JNon - Executive DirectorAny other transactionRent5Approved by audit committee1.6700Textual Information(40)
41DIFFUSION ENGINEERS LIMITEDAAACD8008LN. K. Garg HUFAABHN3161JPromoter GroupAny other transactionRent1Approved by audit committee0.1300Textual Information(41)
42DIFFUSION ENGINEERS LIMITEDAAACD8008LMr. Prashant GargAFXPG5623HManaging DirectorAny other transactionRent2Approved by audit committee0.3800Textual Information(42)
43DIFFUSION ENGINEERS LIMITEDAAACD8008LMr Abhishek MehtaAKCPM7037MChief Financial OfficerRemuneration5Approved by audit committee0.9100Textual Information(43)
44DIFFUSION ENGINEERS LIMITEDAAACD8008LMs Chanchal JaiswalBYLPJ9135RCompany Secretary and Compliance officerRemuneration2Approved by audit committee0.4300Textual Information(44)
45DIFFUSION ENGINEERS LIMITEDAAACD8008LMrs Disha MehtaAVIPM2386GRelative of CFOAny other transactionconsultancy3Approved by audit committee0.7800Textual Information(45)
46DIFFUSION ENGINEERS LIMITEDAAACD8008LDiffusion Hernon Adhesive & Sealants Pvt LtdAAECD3939QSubsidiary CompanyAny other transactionRent Receipt1Approved by audit committee0.10.43-1.37Textual Information(46)
47Diffusion Hernon Adhesive & Sealants Pvt LtdAAECD3939QDIFFUSION ENGINEERS LIMITEDAAACD8008LHolding companyPurchase of goods or servicesNA0.33-0.431.37Textual Information(47)
48Diffusion Super-Conditioning Services Pvt. Ltd.AABCD3851ADIFFUSION ENGINEERS LIMITEDAAACD8008LHolding companyPurchase of goods or servicesNA40.89-22.81-17.15Textual Information(48)
49Nowelco Industries Pvt. Ltd.AABCN7626FDIFFUSION ENGINEERS LIMITEDAAACD8008LHolding companyPurchase of goods or servicesNA5.42-9.22-8.59Textual Information(49)
50Diffusion Super-Conditioning Services Pvt. Ltd.AABCD3851ADIFFUSION ENGINEERS LIMITEDAAACD8008LHolding companySale of goods or servicesNA0.36-22.81-17.15Textual Information(50)
51Nowelco Industries Pvt. Ltd.AABCN7626FDIFFUSION ENGINEERS LIMITEDAAACD8008LHolding companySale of goods or servicesNA51.58-9.22-8.59Textual Information(51)
52Diffusion Hernon Adhesive & Sealants Pvt LtdAAECD3939QDIFFUSION ENGINEERS LIMITEDAAACD8008LHolding companyAny other transactionReimursementNA0-0.431.37Textual Information(52)
53Diffusion Super-Conditioning Services Pvt. Ltd.AABCD3851ADIFFUSION ENGINEERS LIMITEDAAACD8008LHolding companyAny other transactionReimursementNA0.26-40.89-22.81Textual Information(53)
54Nowelco Industries Pvt. Ltd.AABCN7626FDIFFUSION ENGINEERS LIMITEDAAACD8008LHolding companyAny other transactionReimursementNA10.48-9.22-8.59Textual Information(54)
55Diffusion Hernon Adhesive & Sealants Pvt LtdAAECD3939QDIFFUSION ENGINEERS LIMITEDAAACD8008LHolding companyAny other transactionRentNA0.100Textual Information(55)
56DIFFUSION SUPER CONDITIONING SERVICES PVT. LTD.AABCD3851AChitra GargABQPG8906JDirectorRemunerationNA0.7100Textual Information(56)
57Diffusion Eurasia Mühendislik Sanayi Ve Ticaret Anonim Sirketi ZZZZZ9999ZDIFFUSION ENGINEERS LIMITEDAAACD8008LHolding companyPurchase of goods or servicesNA28.908.72Textual Information(57)
58M/s Diffusion Wear Solutions Philippines Inc.ZZZZZ9999ZDIFFUSION ENGINEERS LIMITEDAAACD8008LHolding companyPurchase of goods or servicesNA24.61-22.4-15.99Textual Information(58)
59Diffusion Engineers Singapore Pte. Ltd.ZZZZZ9999ZDIFFUSION ENGINEERS LIMITEDAAACD8008LHolding companyPurchase of goods or servicesNA8.86-17.9-18.27Textual Information(59)
Total value of transaction during the reporting period415.67