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BEML Ltd Regulatory Filings 2019
60811_rns_2019-06-21_65c7c8e6-9cc0-4621-b95b-ce9eff6d36ad.pdf
Regulatory Filings
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NEW FRONTIERS NEW DREAMS
बी ई एम एल लिमिटेड
BEML LIMITED
(CIN: L35202KA1964GOI001530)
(A Govt. of India Mini Ratna Company under Ministry of Defence)
Winner of
Go den Peacock Innovation Management Award
21.06.2019
Manufacturing Units:
Bangalore Complex Tel: 080-25242414 e-mail : [email protected]
KGF Complex Tel: 08153-263020 e-mail : [email protected]
Mysore Complex Tel: 0821-2402422 e-mail : [email protected]
International Business Division Tel: +91-80-2222 2730, 2223 3350 e-mail : [email protected]
Technology Division Tel: + 91-80-2296 3100-109 e-mail : [email protected]
Trading Division Tel: +91-80-22963113 e-mail: [email protected]
| National Stock Exchange of India Ltd. | The BSE Limited |
|---|---|
| isting Compliance Department | Listing Compliance Department |
| Exchange Plaza, Bandra-Kurla | P.J.Towers, 26 th Floor, |
| Complex, Bandra (East), | Dalal Street, |
| MUMBAI - 400 051 | MUMBAI - 400 001 |
Dear Sir/Madam,
Ref: CS/SEs/RPT/022
Sub: Disclosure of Related Party Transactions for the period ended 31st March, 2019 - under Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Reg.
Regional Offices:
Bilaspur Tel: 07752-252082 e-mail : [email protected]
Chennai
Tel: 044-28270792 e-mail: [email protected]
Hyderabad
Tel: 040-23227032 e-mail : [email protected]
Kolkata
Tel: 033-22826314 e-mail : [email protected]
Mumbai
Tel: 022-22049490 e-mail : [email protected]
Nagpur
Tel: 0712-2248435 e-mail : [email protected]
New Delhi
Tel: 011-23316500 e-mail : [email protected]
Ranchi
Tel: 0651-2560370 e-mail : [email protected]
Sambalpur
Tel: 0663-2521604 e-mail : [email protected]
Singrauli
Tel: 07805-268260 e-mail : [email protected]
BEML Service Centres:
Pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith d sclosure of Related Party Transactions, on consolidated basis, for the period ended 31st March, 2019.
This is for your information and records.
Thanking you.
Yours faithfully For BEML LIMITED Mau syco S V Ravisekhar Rao Company Secretary & Compliance officer
Moula Ali, Hyderbad Tel: 040-27240873 e-mail: [email protected]
Ongole - Service Activity Centre Mobile No.: 9440312607
Service Activity Centre Katni - 483501 (M. P.) Mobile No.: 9425156473
Service Centre & Stores Kolkata - 700088 Tel: 033-24010782 e-mail: [email protected]
Regd. Office.: 'BEML SOUDHA', 23/1, 4th Main Road, S. R. Nagar, Bangalore-560 027. INDIA दूरभाष / Ph: 080 - 22963142 फैक्स / Fax: 080 - 22963142 ई-मेल / e-mail: [email protected]
DISCLOSURE OF RELATED PARTY TRANSACTIONS — ON CONSOLIDATED BASIS
In pursuance wit/1 Regulation 23(9) ()fSEBI (Listing Obligation and Disclosure Requirements} 20/ 5
Ind AS 24 -Related Parties
In accordance with the re-uirements of Ind AS 24, followin are details of the transactions durin- the ear with related
| Name of the related party | Nature of relationship |
|---|---|
| Vignyan Industries Limited | Subsidiary |
| MAMC Industries Limited | Subsidiary |
| BEML Brazil Industrial Ltda | Subsidiary |
| BEML Midwest Limited | Joint venture |
| BEML PF Trust | Employee benefit and administration trust fund |
| EEML Gratuity Trust | Employee benefit and administration trust fund |
| EEML Death'cum-Retirement Benefit Fund Trust | Employee benefit and administration trust fund |
| BEML Executive Superannuation (Pension)Fund Trust | Employee benefit and administration trust fund |
| BEML Executive Superannuation (Benefit) Trust Fund | Employee benefit and administration trust fund |
| Shri. D.K. Hota | Key managerial personnel |
| Shri. B R Viswanatha | Key managerial personnel |
| Shrit R H Muralidhara | Key managerial personnel |
| Shri. Suraj Prakash | Key managerial personnel |
| Shri, Suresh Vastrad | Key managerial personnel |
| Shri. S V Ravi Sekhar Rao | manaerial -ersonne Ke |
Transactions with related parties
- The details of related party transactions entered into by the Company are as follows:
| Details of Transactions | ? in Lakhs |
|---|---|
| Transactions during the year ended | |
|---|---|
| Sales | |
| Purchases | |
| Salaries charged to VIL for BEML personneldeputed there' | |
| Dividends Received | |
| Outstanding balances | |
| Amount payable towards suppliesas on | |
| Amount recoverable as on | |
| Cor-orate Guarantee iven to Bankers |
ii. Name of the Subsidiary - M/s. MAMC Industries Limited
| Details of Transactions | |
|---|---|
| Particulars | |
| Equity Investment held as on 3lst March (atcost) | |
| Advances recoverable as on 3lst March |
| Dividends Received | |
|---|---|
| Outstanding balances | |
| Amount payable towards suppliesas on | |
| Amount recoverable as on | |
| Cor-orate Guarantee iven to Bankers | |
| -ii. Name of the SubsidiaryM/s. MAMC Industries Limited | |
| Details of Transactions | |
| Particulars | |
| Equity Investment held as on 3lst March (atcost) | |
| Advances recoverable as on 3lst March | |
| _—iii. Name of the Joint Venture Company-M/s. BEML Midwest Limited,Details of Transactions | Hyderabad. Shareholding 45%.1 in Lakhs |
| Transactions during the yearended | |
| Sales | |
| Purchases | |
| E-uitInvestment held as on 3lst March at cost | |
| Outstanding balances | |
| Advances recoverable as on | |
| Amount payabletowards supplies as on | |
| Cor-orate Guarantee iven to Bankers refer Note 7 b |
| ? in Lakhs |
|---|
| _— |
| Hyderabad. Shareholding 45%.1 in Lakhs |
| ? in Lakhs |
| 31 March 2019 |
| _ |
| 31 March 2019 |
| 47.10 |
| 12.1916.02 |
