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Joindre Capital Services Ltd. Notes to Accounts
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You can view the entire text of Notes to accounts of the company for the latest year
Market Cap. (Rs.) 63.51 Cr. P/BV 0.89 Book Value (Rs.) 51.85
52 Week High/Low (Rs.) 71/29 FV/ML 10/1 P/E(X) 20.65
Bookclosure 05/08/2023 EPS (Rs.) 2.22 Div Yield (%) 2.72
Year End :2018-03 

1. Related Party Transactions a) Details of related parties

Description of relationship Names of related parties

Subsidiary Company Joindre Commodities Limited

Key Managerial Persons: Anil Mutha, Dinesh Khandelwal, Paras Bathia, Pramod Surana, Subhash Agarwal,

Sunil Jain, Vijay Pednekar

Relatives of Key Managerial Persons: Anil Mutha HUF, Bhagwatidevi Khandelwal, Dinesh Khandelwal HUF, Fenny Yogesh Bathia,

K. C. Jain HUF, Kanchanbai Jain, Kiran Khandelwal, Neeraj Mutha, Neha Sanghvi, Nikita Jain, Nitin Milapchand Jain, Nitin Jain HUF, Paras Bathia HUF, Pradeep Jain HUF, Pradeep Jain, Pravin Mutha, Priti Sumit Baid, Radhika Khandelwal, Ratna Bathia, Sandhya Agarwal, Sneha Agarwal, Saurabh Agarwal, Sangeeta Sunil Jain, Seema Mutha, Shubham Sunil Jain, Subhash Agarwal HUF, Sunil M. Jain HUF, Sunita C. Runwal, Swati Mehta, Vijaya K. Raisoni, Vikas Khandelwal, Vishal D. Khandelwal, Yogesh Bathia.

Companies/ Firms over which the Key Esam Share & Stock Brokers Pvt. Ltd., Goodluck Enterprises, Keshav Realtors, Pvt. Ltd, Managerial Persons/ Relatives have Deity Commercial Pvt. Ltd., Mumbai Stock Brokers Pvt. Ltd., Mutha Resources Pvt. Ltd., significant influence or control: Nalanda Mercantiles Pvt. Ltd., Neharaj Stock Brokers Pvt. Ltd., Pinky Venture Pvt, Ltd.,

Ringman Investments & Finance Company Pvt. Ltd., Shree Swati Investments.

2. Segment Information

The Company is engaged in business of share stock broking & allied activities and there are no separate reportable segments as per Accounting Standard- 17 on "Segment Reporting"

3. Additional information to the financial statements

a) Sundry Debtors, Creditors, Loans and Advances are subject to confirmation and reconciliation, if any. In the opinion of the Board, the Current Assets, Loans and Advances are stated approximately at the value, if realized in ordinary course of business.

b) The Company had paid a sum of Rs. 7,01,00,000/- to M/s. Kamani Tubes Ltd. towards obtaining sub-lease of the property belonging to them subject to fulfillment of certain conditions as stated in MOUs. However due to dispute between M/s. Kamani Tube Ltd. and Mumbai Port Trust, M/s. Kamani Tubes Ltd. is unable to obtain the necessary permission for transfer of the rights of sub-lease and possession of the said property to the Company. Accordingly the Company is not in a position to enforce its rights of sub-lease and obligations under the MOUs signed between the concerned parties to the transaction and the matter is under dispute. Currently the matter is sub-judice and the Company is in the process of seeking legal remedies available to it, in order to settle the dispute.

c) Micro and Small Enterprises: I) There is no interest paid/payable during the year by the Company to the suppliers covered under Micro, Small, Medium Enterprises Development Act, 2006. ii) The above information takes into account only those suppliers who have responded to the enquiries made by the Company for this purpose.

d) The previous year's figures have been regrouped or rearranged wherever necessary.


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Regd. Office: 76-77, Scindia House, 1st Floor, Janpath, Connaught Place, New Delhi – 110001
NSE CASH , NSE F&O,NSE CDS| BSE CASH ,BSE CDS |DP NSDL | MCX-SX SEBI NO: INZ000155732
KK Comtrade Pvt Ltd. : Member - MCXINDIA (Commodity Segment) , SEBI NO: INZ000034837
Mumbai Office: 52, Jolly Maker Chamber 2, Nariman Point, Mumbai - 400021, Tel: 022-45106700, Toll Free Number: 1800-103-6700

Compliance Officer: Mukesh Rustagi, Company Secretary, Tel: 011-46890000, Email: mukesh_rustagi80@hotmail.com
For grievances please e-mail at: kkslig@hotmail.com

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