BEML Ltd — Regulatory Filings 2021

Jun 21, 2021

बी ई एम एल लिमिटेड BEML LIMITED

(CIN: L35202KA1964GOI001530) (A Govt. of India Mini Ratna Company under Ministry of Defence)

21.06.2021

Manufacturing Units:

Bangalore Complex Tel: 080-25242414 e-mail : bernlogm: @vsnl.com

KGF Complex Tel: 06153-263020 e-mail: berniede@vsnl.net.in

Mysore Complex Tel: 0621-2402422 e-mail: benimys@sancharmet.in

International Business Division Tel: + 91-80-2222 2730, 2223 5350 e-mail: office@export.bemi.co.in

Technology Division Tel: + 91-80-2296 3100-109 e-mail: office@ctd.bemLoa.in

Trading Division Tel: + 91 80-22963113 e-mail: office@trading.bernl.co.in

Regional Offices:

Bilaspur Tel: 07752-252062 e-mail: blaspur@mt.beml.co.in

Chennal Tel: 044-28270792 e-mail: chemai@m.benl.co.in

Hyderabad Tel: 040-23227032 e-mail: hyderabad@muberni.co.in

Kolicata Tel: 033-22826314 e-mail: kokata 0 rm.bem.co.in

Mumbai Tel: 022-22049490 e-mail: mumba Orm berrico in

Nagpur Tel: 0712-2248435 e-mail: nagpur@rm.beml.co.in

New Delhi Tel: 011-23316500 sumail: delhi 6 mm hemi coin

Banchi Tel: 0651-2560370 e-nail: ranch@m.benl.co.in

Sambalpur Tel: 0663-2521604 e-mail: sembelpur@mi.beml.co.in

Sinorauti Tel: 07805-268260 e-mail: singraul & im bent.co.in

BEML Service Centres:

Moula Ali, Hyderbad Tel: 040-27240873 e-mail: sh@Zonal.beml.co.in

Orgole - 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: storeskoltotte@m.beml.co.in Ref: CS/SEs/RPT/ 102 The BSE Limited National Stock Exchange of India Ltd. Listing Compliance Department Listing Compliance Department P.J. Towers, 26^th Floor, Exchange Plaza, Bandra - Kurla Dalal Street. Complex, Bandra (East), MUMBAI - 400 001

Dear Sir / Madam.

MUMBAI - 400 051

Sub: Disclosure of Related Party Transactions for the period ended 31^st March, 2021 - under Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Reg.

Pursuant to Regulation 23(9) of SEBI (LODR) Regulations, 2015, we are herewith disclosure of Related Party Transactions on enclosing consolidated basis in the format specified in the relevant Accounting Standard, for the half year ended 31^st March, 2021.

This is for your information and records.

Thanking you.

Yours faithfully For BEML LIMITED

$21611$

S V Ravisekhar Rao Company Secretary & Compliance officer

In pursuance with Regulation 23(9) of SEDI (Listing Obligation and Disclosura Requirements}, 2015

Ind AS 24 - Related Parties

In pursuance with Regulation 23(9)		of SEDI (Listing Obligation and Disclosura Requirements}, 2015
Ind AS 24 - Related Parties In accordance with the requirements of Ind AS 24, following are detalls of the transactions during the year with related parties,
Name of the related party Vignyan Industries Limited		Nature of relationship
MAMC Industries Limiled	Sulistidlary Substdiary
BEML Midwest Limited	Joint venture
BEML PF Trust	Employee benefit ane adeninistration trast fine
BEML Gratuity Trust BEML Death-cum-Retirement Benefit Fund Trust	Employee benelit and administration bust fund Employee benefit ane administration teust fund
BEML Executive Superannuation (Pension) Fund Trust	Employee benelit ane administration trust fund
BEML Executive Superannuation (Benefit) Trust Fund		Employee brarlit and admintstration trust fund
Dr. DK. Hota*		Key managcial persannel
Shn. & H Muralidhara®		Key managerial personnel key panaperial personnel
Shn. Suraj Prakash Shn. Suresh Vastrad *		Key manaperial personnel
Shn. MV. Raja Sekhar		Key managerial personnel
Shn. Panneer Selvam R *		Key managerial personnel
\$hn. Amit Bannerjee Shn, Ajit Kumar Srivastav		Key managerial personnel Key managerial personnel
Shn. \$.V.Ravi Sekhar Rao		Key managerial personnel
"Part of the year
Transactions with related parties 1. The details of related party transactions entered into by the Company are as follows:
i. Name of the Subsidiary Company M/s. Vignyan Industries Limited, (VIL) Tarikere
Details of Transactions			(% in Lakhs)
Particulars	31st March 2021		31st March 2020)
Transactions during the year ended Sales	56.64		333.24
Purchases	180.60		1,731.61
Salaries charged to VIL for BEML personnel deputed there.	62.29		90.81
Dividends Received	-		:
Equity Investment held as on 31st March (at cost)	252.60		252.60
			-
Outstanding balances Amount payable towards supplies as on			248.59
	*
			(@ in Lakhs)
	31st March 2021		Jist March 2020
	5.00		5.00
	603.36		602.80
			(@ in Lakhs)
	31st March 2021		31st March 2020)
			+ -
	542.25		542,25
Amount recoverable as on Corporate Guarantee given to Bankers All Recoverable amounts from M/s VIL Ltd. has been converted Into secured foan except investment. ii. Name of the Subsidiary - M/s. MAMC Industries Limited Details of Transactions Particulars Equity Investment held as on 31st March (al cost) Advances recoverable as on 31st March iil. Name of the Joint Venture Company = M/s, BEML Midwest Limited, Hyderabad. Shareholding 45%, Details of Transactions Particulars Transactions during the year ended Sales Purchases Equity Investment held as on 31st March {at cost) Outstanding balances
Advances recoverable as on Amount payable towards supplies as on	135,51 230.00		135.51 230.00

Amporate Guarantee given to Bankers		1,917.50
Remuneration to Key managerial personnel		(₹ in Lakhs).
Particulars	31st March 2021	31st March 2020
Dr. D.K. Hota - Chairman and Managing Director*	44.51	68.67 25.09
Shri. B R Viswanatha - Director (Mining & Construction)*		64.15
Shri. R H Muralidhara - Director (Defence)*	6.85	44.84
Shri. Suraj Prakash - Director (Finance)	42.82	47.12
Shri. Suresh Vastrad - Director (Rail & Metro)*	9.85	43.51
Shri. M. V. Raja Sekhar Director (Mining & Construction)	40.12	23.98
Shri. Panneer Selvam R - Director (HR)*	21.12
Shri. Amit Bannerjee - Director (Rail) *	20.77
Shri. Ajit Kumar Srivastav - Director (Defence)*	33.93	31.47
Shri. S.V.Ravi Sekhar Rao - Company Secretary	26.95
(* For part of the year.)

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AT'S BEAR सचिव विभाग
Company
Secretariat E