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Birla Precision Technologies Ltd Regulatory Filings 2020

Dec 8, 2020

61166_rns_2020-12-08_32d09347-e725-4688-80b0-c16ab958b78f.pdf

Regulatory Filings

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SK/BSE/38/2020-21

To,

Date: 08.12.2020

Dy. General Manager

Corporate Relationship Department BSE Limited PJ Tower Dalal Street, Mumbai-400001

Scrip Code: 522015

Dear Sir/Madam,

Subject: Disclosure under Regulation 23(9) of SEBI (Listing Obligation and Disclosure Requirements) (Amendments) Regulation, 2015 - Related Party Transactions for the quarter and half year ended on 30 the September, 2020.

In compliance with the regulation 23(9) of SEBI (Listing Obligation and Disclosure Requirements) (Amendments) Regulation, 2015, we hereby submit the attached note on Related Party Transactions, on consolidated basis, drawn in accordance with the applicable accounting standards for the quarter and year ended 30th September, 2020.

Request you to take this on record and oblige.

Thanking you Yours Faithfully

For Birla Precision Technologies Limited

SANTHOSH Digitally signed by SANTHOSH KUMAR KUMAR Date: 2020.12.08 15:38:32 +05'30' Santhosh Kumar Executive Director DIN: 08686131

Enclosed a/a

Birla Precision Technologies Limited

Regd. Office: 23, Birla Mansion No. 2, 1st Floor, D. D. Sathe Marg, Prarthana Samaj, Mumbai 400 004 Tel.: +91 022-23867498

E-mail : [email protected] Website : www.birlaprecision.com An ISO 9001:2000 & ISO 14001:2004 Company CIN: L29220MH1986PLC041214

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Transactions during the quarter and half year ended 30thSeptemebrm 2020 and balances with related parties

**Amount in Rs. **
Sr.
No
Name of Related Party Description & Nature
of Transactions
Total amount of
transactions
during the
Quarter
Amount
outstanding as
on 30.09.2020
(Debit Balance)

Amount
outstanding as
on 30.09.2020
(Credit
Balance)
1 Hilton Consultancy Professional &
ConsultancyCharges
1,00,000 -
-
2 Shri Vedant Birla Remuneration Paid 7,23,312 - 1,81,104
3 Shri RK Sharma (CFO) Remuneration Paid 6,13,484 83,947
4 Shri Santosh Kumar
(Director)
Remuneration Paid 3,24,525 -
71,550
5 Ms. Shaijal Jain
(CompanySecretary)
Remuneration Paid 1,60,932 -
39,770

Birla Precision Technologies Limited

Regd. Office: 23, Birla Mansion No. 2, 1st Floor, D. D. Sathe Marg, Prarthana Samaj, Mumbai 400 004 Tel.: +91 022-23867498

E-mail : [email protected] Website : www.birlaprecision.com An ISO 9001:2000 & ISO 14001:2004 Company CIN: L29220MH1986PLC041214

List of Relvatives Covered as per Section 2(72) of the Companies Act, 2013 as on 30th September, 2020

Sr.
No.
Name of Directors/KMP Relative in terms of clause (77) of Section 2 Related party as per Section 2 (76) of
the Companies Act, 2013
No of
Shares/Contribution
% of
holding
1 Mr. Vedant Birla
Chairman & Managing
Director
Name of Father - Mr. Yashovardhan Birla
Name of Mother - Mrs. Avanti Birla (List of Companies
Enclosed)
Name of Brother - Shri. Nirvaan Birla (List of Companies
Enclosed)
Name of Sisiter - Ms. Shloka Birla
Shrinikia Infra Limited
Edufocus International Education LLP
Eduserve International Education LLP
740
Rs. 2,50,000
Rs. 50,00,000
0.08%
50%
50%
2 Mr. Santhosh Kumar
Executive Director
Name of Wife - Mrs Binu Santhosh Kumar Nair
Name of Father - Mr.Ramchandran Nair
Name of Mother - Mrs. Omana Amma
Name of Son - Mr. Siffharth S. Nair
Name of Daughter - Ms. Lakshmi S. Nair
Name of Brother - Mr. Sonam Pillai
Name of Sister - Mrs. Thulasi V Nair
3 Chief Financial Officer
Mr. Rajendra Kumar
Sharma
Name of Wife - Mrs. Shakuntla Sharma
Name of Son - Mr. Aditya Dadheech Sharma
Name of Daughter - Ms. Akshita Sharma
Name of Father - Mr. Ramgopal Sharma
Name of Mother - Mrs. Pushpadevi Sharma
Name of Brother - Mr. Govind Sharma
Name of Sister - Mrs. Beena Sharma

Related Parties for Birla Preciosn Technologies Limited for the half year ended 30th september, 2020

Sr.No
1
2
3
4
5
6
7
8
Namre of the Related Party
Birla Infrastructure & Construction Pvt Ltd
Birla Infrastructure & Developers Pvt Ltd
ACE Trusteeshiop Services Pvt Ltd
Birla Earth Pvt Ltd
Edufocus International EducationLLP
Eduserve International Education LLP
Hair Station LLP
Hilton Consultancy
Reason
Mr. Nirvaan Birla is a Director
Mr. Nirvaan Birla is a Director
Mrs Avanti Birla is a Director
Mr. Nirvaan Birla is a Director
Mr. Vesant Birla is a Partner
Mr. Vedant Birla is a Partner
Mrs. Avanti Birla is a partner
Mrs. Avanti Birla is apropritor