Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Bhansali Engineering Polymers Ltd. Regulatory Filings 2020

Oct 13, 2020

62572_rns_2020-10-13_433850f1-1505-4207-bce7-9be7410a7b22.pdf

Regulatory Filings

Open in viewer

Opens in your device viewer

b~ANsAli ENGi N EERi NG polyM ERS li M iTEd

CIN : L27100MH1984PLC032637

Registered Office : 401, 4th Floor, Peninsula Heights, C. D. Barfiwala Road, Andheri (West), Mumbai - 400 058. Tel.: (91 -22) 2621 6060/61 /62/63/64 • Fax: (91-22) 2621 6077 •E-mail: [email protected] • Website : www.bhansaliabs.com

BEPL/SEC/2020/252

13th October, 2020

To To
The BSE Limited The National Stock Exchange of India Ltd.
Corporate Relationship Department Exchange Plaza, C-1, Block G,
Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex,
Dalal Street, Mumbai -400 001 Bandra (E), Mumbai -400 051

Security Code: 500052

Security Code: BEPL

Sub: Disclosure of Related Party Transactions for the half year ended 30th September, 2020

Dear Sir /Madam,

Pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, as amended, please find attached disclosure on Related Party Transactions on a consolidated basis for the half year ended 30th September, 2020 in format specified in the applicable accounting standards.

The aforesaid disclosure would be made available on the website of the Company at www.bhansaliabs.com

Kindly take the same on record.

Thanking you,

Company Secretary and G M (Legal)

Encl: as above

BHANSALI ENGINEERING POLYMERS LIMITED
Related Party Disclosures for the Half Year ended 30.09.2020
A Related Party Disclosures:
As per Accounting Standard 18 issued by the Institute of Chartered Accountants of India the company's related parties
and transactions are disclosed below:
(i) List of related parties where control exists and with whom transactions have taken place and relationships:
Sr No Name lationshipRe
1 Mr. B. M. Bhansali -Managing Director Key Managerial Personnel
2 Mr. Jayesh B.Bhansali -tive Director cum CFOExecu
3 Mr. J aivardhan -Whole-Time Director
4 Mr. Ashwin M. Patel -Company Secretary
5 Bhansali Nippon A & L Private Limited Joint Venture Company
B Transactions with related parties
Joint Venture & OtherEnterprises Key Managerial Personnel
Nature of transactions Half year ended 30.09.2020(Rs. in lakhs) Half year ended 30.09.2020(Rs. in lakhs)
(i) Remuneration
(a) Mr. B. M. Bhansali - 221.82
(b) Mr. Jayesh B. Bhansali - 221.82
(c) Mr. Jaivardhan- 15.60
(d) Mr. Ashwin M. Patel - 22.66
(ii) Royalty & Commission
(a) Bhansali Nippon A & L Private Limited 69.41 -
c Balance with related parties
Nature of transactions Joint Venture & OtherEnterprises Key Managerial Personnel
As on 30.09.2020 (Rs. in lakhs) As on 30.09.2020 (Rs. in lakhs)
(i) Other Payables (Salary & others)
(a) Mr. B. M. Bhansali - 19.94
ayesh B. Bhansali(b) Mr. J - 15.69
(c) Mr. Jaivardhan - 3.09
(d) Mr. Ashwin M. Patel - 3.04
(e) Bhansali Nippon A & L Private Limited 76.46 -

~