Bhansali Engineering Polymers Ltd. — Regulatory Filings 2021

May 10, 2021

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BEPL/SEC/2021/53 9[th] May, 2021

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 on Related Party Transactions for the half year ended 31[st] March, 2021

Dear Sir/Madam,

Pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please find attached disclosure on Related Party Transactions on a consolidated basis for the half year ended 31[st] March, 2021, 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,

Yours faithfully,

For Bhansali Engineering Polymers Limited

ASHWIN MANILAL PATEL Digitally signed by ASHWIN MANILAL PATEL DN: c=IN, st=Maharashtra, 2.5.4.20=24b16523bad1e03a89442ccd97c9c70a07b92abfec6ee499db9d08f36b8f2bc7, postalCode=400101, street=27601 SANSKRUTI PHASE 2 90 FEET ROAD OPP ST LAWRANCE HIGH SCHOOL THAKUR COMPLEX KANDIVALI EAST MUMBAI , serialNumber=e9cd0d5d6360b12cd95023040940d754dbdbd1a3ec540524212bcbf18310e06d, o=Personal, cn=ASHWIN MANILAL PATEL Date: 2021.05.10 11:44:45 +05'30'

Ashwin M. Patel Company Secretary and GM (Legal)

Encl: as above

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BHANSALI ENGINEERING POLYMERS LIMITED
Related Party Disclosures for the half year ended 31.03.2021
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 Relationship
1 Mr. B.M.Bhansali - Managing Director
2 Mr.Jayesh B.Bhansali - Executive Director cum CFO
Key Managerial Personnel
3 Mr. Jaivardhan - Whole-Time Director
4 Mr. Ashwin Patel - Company Secretary
5 Bhansali Nippon A & L Private Limited Joint Venture Company
B Transactions with related parties
Joint Venture & Other
Key Managerial Personnel
Enterprises
Nature of transactions
Half year ended 31.03.2021 Half Year ended 31.03.2021
(Rs. in lakh) (Rs. in lakh)
(i) Remuneration
(a) Mr. B. M.Bhansali 2,002.58
(b) Mr. Jayesh B. Bhansali 2,002.58
(c) Mr. Jaivardhan 27.39
(d) Mr. Ashwin Patel 25.80
(ii) Royalty & Commission
(a) Bhansali Nippon A & L Private Limited 244.26 -
C Balance with related parties
Joint Venture & Other
Key Managerial Personnel
Enterprises
Nature of transactions
As on 31.03.2021 (Rs. As on 31.03.2021 (Rs.
in lakh) in lakh)
(i) Other Payables (Salary & Others)
(a) Mr. B. M.Bhansali
(b) Mr. Jayesh B. Bhansali
(c) Mr. Jaivardhan 2.98
(d) Mr. Ashwin Patel 3.82
(e) Bhansali Nippon A & L Private Limited 134.92
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