THE GROB TEA COMPANY LIMITED Format for disclosure of related party transactions every six months
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. | ||||||||||||||||||
Details of the | Value of the | Value of | In case monies are due to | In case any financial indebtedness is | ||||||||||||||
party (listed entity | related party | transaction | either party as a result of | incurred to make or give loans, inter- | ||||||||||||||
/subsidiary) | Details of the counterparty | transaction as | during the | the transaction | corporate deposits, advances or | Details of the loans, inter-corporate deposits, advances or | ||||||||||||
entering into the | approved by the | reporting period | (see Note 1) | investments | investments | |||||||||||||
transaction | audit committee | (see Note 6b) | ||||||||||||||||
(see Note 6a) | ||||||||||||||||||
Type of related | ||||||||||||||||||
Relationship of | Nature of | Cost | Nature (loan/ | Purpose for | ||||||||||||||
S. No | the counterparty | party | indebtedness | (see | advance/ inter- | which the | ||||||||||||
with the listed | transaction | (loan/ issuance of | Note 7 ) | corporate | funds will be | |||||||||||||
entity or its | (see Note 5 ) | Opening | Closing | debt/ any other | deposit/ | Interest | Secured/ | utilised by | ||||||||||
Name | PAN | Name | PAN | subsidiary | etc.) | Tenure | investment | Tenure | the ultimate | |||||||||
balance | balance | Rate (%) | unsecured | recipient of | ||||||||||||||
funds (end- | ||||||||||||||||||
usage) | ||||||||||||||||||
Entity over which | ||||||||||||||||||
Shroff | KMP and their | |||||||||||||||||
Chemicals | AAECS | relatives have | ||||||||||||||||
Pvt. Ltd. | 5253N | significant influence | Rent Received | 1,13,280.00 | 56,640.00 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | |||
Entity over which | ||||||||||||||||||
Banka | KMP and their | |||||||||||||||||
Enterprise | AABCB | relatives have | ||||||||||||||||
s Pvt. Ltd. | 2996A | significant influence | Rent Received | 1,13,280.00 | 56,640.00 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | |||
Rawalwasi | ||||||||||||||||||
a | ||||||||||||||||||
Manufactu | Entity over which | |||||||||||||||||
re | KMP and their | |||||||||||||||||
Company | AABCR | relatives have | ||||||||||||||||
Pvt. Ltd. | 1934L | significant influence | Rent Received | 84,960.00 | 42,480.00 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | |||
Transmissi | Entity over which | |||||||||||||||||
on | KMP and their | |||||||||||||||||
Projects | AAACT | relatives have | ||||||||||||||||
Pvt. Ltd. | 9582D | significant influence | Rent Received | 84,960.00 | 42,480.00 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | |||
K L | Entity over which | |||||||||||||||||
Mechanica | KMP and their | |||||||||||||||||
l Works | AABCK | relatives have | ||||||||||||||||
Pvt. Ltd. | 1548D | significant influence | Rent Received | 1,13,280.00 | 56,640.00 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | |||
Entity over which | ||||||||||||||||||
Teletronic | KMP and their | |||||||||||||||||
s Products | AAACT | relatives have | ||||||||||||||||
Pvt. Ltd | 9581A | significant influence | Rent Received | 1,13,280.00 | 56,640.00 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | |||
Entity over which | ||||||||||||||||||
SRTR | KMP and their | |||||||||||||||||
Realtors | AAJCS6 | relatives have | ||||||||||||||||
Pvt. Ltd | 826Q | significant influence | Rent Received | 1,13,280.00 | 56,640.00 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA |
Rawalwasi | Entity over which |
- KMP and their Industries AACR7 relatives have
Pvt. Ltd. | 136B | significant influence Rent Received | 1,13,280.00 | 56,640.00 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | |||
The Grob | Entity over which | ||||||||||||||||
Platinum | KMP and their | ||||||||||||||||
Tea | AABCT Dealers | AAECP | relatives have | ||||||||||||||
Company | 3475C Pvt. Ltd. | 8709N | significant influence Rent Received | 1,13,280.00 | 56,640.00 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | ||
Limited | |||||||||||||||||
K L | |||||||||||||||||
Mechanic | Entity over which | ||||||||||||||||
al Works | KMP and their | ||||||||||||||||
Pvt. Ltd. | AABCK | relatives have | |||||||||||||||
1548D | significant influence Rent Paid | 2,83,200.00 | 1,41,600.00 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | ||||
K L | |||||||||||||||||
Mechanic | Entity over which | ||||||||||||||||
al Works | KMP and their | As Approved by | |||||||||||||||
Pvt. Ltd. | AABCK | relatives have | the Audit | ||||||||||||||
1548D | significant influence Purchse of Goods | Committee | 9,440.00 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | ||||
Mr. I B | ALSPS1 | ||||||||||||||||
Sharaf | 966L | Executive Director | Remuneration | NA | 19,59,460.00 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | ||
Mr P K | |||||||||||||||||
Agarwal | ACSPA | ||||||||||||||||
5048G | Managing Director | Remuneration | NA | 27,15,965.50 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | |||
Mr. | |||||||||||||||||
Subrata | |||||||||||||||||
Dasgupta | AEOPD | Chief Executive | |||||||||||||||
9804P | Officer | Salary | NA | 9,50,652.00 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | |||
Mr. | |||||||||||||||||
Vinay | |||||||||||||||||
Kumar | AJEPK2 | Chief Financial | |||||||||||||||
Kejriwal | |||||||||||||||||
369R | Officer | Salary | NA | 8,07,865.50 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | |||
Mrs. | |||||||||||||||||
Kritika | BMDP | ||||||||||||||||
Mohata | M7777G Company Secretary Salary | NA | 2,47,028.00 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | ||||
Mukesh | |||||||||||||||||
Kumar | |||||||||||||||||
Agarwal | ACSPA | ||||||||||||||||
5049H | Director | Sitting Fees | NA | 20,000.00 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | |||
Sanjay | |||||||||||||||||
Kumar | |||||||||||||||||
Agarwal | AESPA7 Independent | ||||||||||||||||
314R | Director | Sitting Fees | NA | 17,500.00 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | |||
Niraj | |||||||||||||||||
Kumar | ABFPH | Independent | |||||||||||||||
Harodia | 3723B | Director | Sitting Fees | NA | 17,500.00 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA |
Priyanka
Singhani
- ACQPC Independent
9037M Director | Sitting Fees | NA | 25,000.00 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | |||
Total (of | 73,93,451.00 | |||||||||||||||
Note | ||||||||||||||||
6b) | ||||||||||||||||
Notes:
- The details in this format are required to be provided for all transactions undertaken during the reporting period. However, opening and closing balances, including commitments, to be disclosed for existing related party transactions even if there is no new related party transaction during the reporting period.
- Where a transaction is undertaken between members of the consolidated entity (between the listed entity and its subsidiary or between subsidiaries), it may be reported once.
- Listed banks shall not be required to provide the disclosures with respect to related party transactions involving loans, inter-corporate deposits, advances or investments made or given by the listed banks.
- For companies with financial year ending March 31, this information has to be provided for six months ended September 30 and six months ended March 31. Companies with financial years ending in other months, the six months period shall apply accordingly.
- Each type of related party transaction (for e.g. sale of goods/services, purchase of goods/services or whether it involves a loan, inter-corporate deposit, advance or investment) with a single party shall be disclosed separately and there should be no clubbing or netting of transactions of same type. However, transactions with the same counterparty of the same type may be aggregated for the reporting period. For instance, sale transactions with the same party may be aggregated for the reporting period and purchase transactions may also be disclosed in a similar manner. There should be no netting off for sale and purchase transactions. Similarly, loans advanced to and received from the same counterparty should be disclosed separately, without any netting off.
- In case of a multi-year related party transaction:
- The aggregate value of such related party transaction as approved by the audit committee shall be disclosed in the column "Value of the related party transaction as approved by the audit committee".
- The value of the related party transaction undertaken in the reporting period shall be reported in the column "Value of related party transaction during the reporting period".
- "Cost" refers to the cost of borrowed funds for the listed entity.
- PAN will not be displayed on the website of the Stock Exchange(s).
-
Transactions such as acceptance of fixed deposits by banks/NBFCs, undertaken with related parties, at the terms uniformly applicable /offered to all shareholders/ public shall also be reported.
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Grob Tea Co Ltd. published this content on 22 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 June 2022 10:54:08 UTC.
