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BSL Ltd. Regulatory Filings 2021

Jun 23, 2021

61765_rns_2021-06-23_82bb79dc-b742-456c-8178-aa75499951e3.pdf

Regulatory Filings

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BSL Ltd.

REGD. OFFICE: 26, Industrial Area, Gandhi Nagar, BHILWARA-311 001 (Rajasthan) INDIA Tel.: (91 1482) 249101-102, 245000 E-mail: [email protected], Website: www.bslltd.com C.I.N.: L24302RJI970PLC002266

REF: BSL/CS/2021-22/ Dated: 23rd June, 2021

National Stock Exchange of India Ltd BSE Ltd
Listing Department Department of Corporate Services
Exchange Plaza 25 th Floor. Phiroze Jeejeebhoy Towers
Bandra Kurla Complex Dalal Street
Bandra (E) Kala Ghoda, Fort,
Mumbai- 400 051 Mumbai, Maharashtra 400 001
NSE Symbol: BSL BSE Scrip Code: 514045

Subject: Disclosure of Related Party Transactions pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Ma'am.

In compliance of Regulation 23(9) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, please find enclosed the disclosure of related party transactions on consolidate basis and balances for the half year ended 31st March, 2021.

The above said disclosure will be made available on the Company's website www.bslltd.com.

You are requested to take above information on record.

Thanking you, Yours Faithfully $LIMI$ For BSL Limited

Aanchal Patni YILWAR Company Secretary M. No.: ACS-43134 $Enc: a/a$

BSLLtd.

REGO. OFFICE : 26,lndustrial Area, Gandhi Nagar, BHILWARA-311 001 (Rajasthan) INDIA Tel.: (91 1482) 249101-102, 245000 PRIVILEGED TO BE GLOSAl E-mail : [email protected], Website : www.bslltd.com C.I.N. : L24302RJl970PLC002266 www .bsfltd.com

List of Related Parties as per Ind AS 24 and Regulation 23 of SEBI {Listing Obligations and Disclosure Requirements) Regulations, 2015- for the half year ended 31"' March, 2021

S.No. Name of Related Party Nature of Relationship
A.(i) A person or a close member of that person's family of a reporting entity has control or joint
control over the reportin2 entity
Shri Aru11 Kumar Churiwal Promoter, Chairman & Managing Director
Shri Nivedan Churiwal Promoter & Joint Managing Director
(ii) A person or a close member of that person's family of a reporting entity has significant
influence over the reporting entitv
Shri Arun Kumar Churiwal Chairman &Managing Director
Shri NivedanChuriwal Joint Managing Director
Shri Ravi Jhunihum"ala Director
Shri Sushi[ Jhunjhunwala Director
(iii) A person or a close member of that person's family of a reporting entity is a member of the
Kev Manaeement Personnel of the reportine: entity or of a parent of the reportine entity.
Shri Arun Kumar Churiwal Chairman & Managing Director
Shri Nivedan Churi,\al Joint Managing Director
Shri Ravi Jhunjhunwala
Shri Sushil Jhunihunwala
Shri Shekhar Agarwal
Shri Amar Nath Choudhary Director
Shri J.C. Laddha
Shri G.P. Singha!
Smt. Abhilasha Mimani
Shri Praveen JainMs. Aanchal Patni President & CFOCompany Secretary
(i) The entity and the reporting entity are members of the same groupN.A. (which means that each parent, subsidiarv and fellow subsidiarv is related to the others)
(ii) One entity is an associate or joint venture of the other entity
member)
N.A.
(iii) Associates and other entities are ioint ventures of the same third partv.� (or an .associate or joint venture of a member of a group of which the other entity is a
NA.
(iv)
entity
B. N.A.
(v)
reporting entity or an entity related to the reporting entity.N.A. One Entity is a joint venture of a third party and the other entity is an associate of the third/4_<:,�,,The entity is a post-employment benefit plan for the benefit of employees of �i���N �_\ � '

PRIVILEGED TO BE GLOBAL

BSLLtd.

REGO. OFFICE : 26,lndustrial Area, Gandhi Nagar, BHILWARA-311 001 (Rajasthan) INDIA Tel.: (91 1482) 249101-102, 245000 E-mail : [email protected], Website : www.bslltd.com C.l.N. : L24302RJl970PLC002266

(vi) The entity is controlled or iointlv controlled by a person identified in (a). RSWM Limited HEG Limited Marat Overseas Limited BMD Private Limited A.D. Hydro Powe::r Limited Malana Power Limited Bhilwara Enenzv Limited Sudi, a Spinners Private Limited Lagnam Spintex Limited (vii) A person identified in (a) (i) has significant influence over the entity or is a member of the key management oersonnel of the entity(or of a parent of the entity). RSWM Limited

Transaction entered with the related parties during the Half year ended March 31, 2021

S.No. Transaction Amount �In
Lakh)
I) With the par1ies referred in A(i) above
Short tenn employee benefits 102.82
Post employment benefits 8.88
2) With the parties referred in A (iii) above
Short tenn employee benefits 25.07
Post employment benefits 2.01
Director Sitting Fees 4.40
3) With the parties referred in 8 (vi) &(vii) above
Purchases of Raw Material & finished goods 2916.42
Sales 20.63
Services Received 55.28
Ser. ices Rendered 0.06
- Sales of Store and Consumables 0.15
Rent Paid 12.20
Interest Paid 167.80
Trade Payable 462.71
Trade Receivables 3.21

Terms & Conditions of transactions with Related Parties:

The sales. purchase. services rendered to or f rom related parties. rent, interest and any other transactions are made on tenns equivalent to those that prevail in arm's length transaction.

For BSL Lim·ted .. ..IM1 ,- - � (i) �EGAN °'" SGS 'c, SGS - \� / (PRA VEEN JAIN) President & Chief Financial Officer � SGS CONFIDF.t CE� 'l( ' -..dong IO Oob>-... Teated for harmful subsloncos •-0100 NO. 09.MIN 68375 HoMftstr,n