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BSL Ltd. Regulatory Filings 2021

Jun 23, 2021

61765_rns_2021-06-23_26b45ded-abd5-4b1c-bb02-4ac81bbba1f3.pdf

Regulatory Filings

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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.I.N. : L24302RJl970PLC002266

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PROUD TO BE INDIAN
PRIVILEGED TO BE GLOBAL
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BSL Ltd.

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www.bslltd.com

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

National Stock Exchange oflndia Ltd BSE Ltd Listing Department Der,artment of Corporate Services Fxchange Plaza 25 1' floor. Phiroze Jeejeebhuy Towers Bandra Kurla Complex Dalal Street Sandra (E) Kala Ghoda, Fort, Mumbai- 400 051 Mumbai, Maharashtra 400 00 I 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,

ln compliance of Regulation 23(9) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 20 IS, please find enclosed the disclosure of related party transactions on consolidate basis and balances for the half year ended 31 st March, 2021.

The above said disclo!>ure '"ill be made a"ailable on the Company's website www.bslltd.com.

You are requested to take above information on record.

Thanking you, Yours Faithfully For BSL . ed, �. ..I q,, * i cretary eJAt!L ­ M. No.: ACS-43134 Enc: ala

1 [VEGAN (&_ , SGS (i) �, SGS (&_ �� SGS

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BSLLtd.

REGO. OFFICE : 26,lndustrial Area, Gandhi Nagar, BHILWARA-311 001[(] Ra[j] asthan) INDIA Tel.:[(] 91 1482) 249101-102, 245000 PRIVILEGED TO BE GLOSAl PROUD TO BE ,"low,/ E-mail : accounts[@] bslsuitings.com, Website : www.bslltd.com C.I.N. : L24302RJl970PLC002266

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www .bsfltd.com

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

S.No. 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
(ii) Shri Nivedan Churiwal
Promoter & Joint Managing Director
A person or a close member of that person's family of a reporting entity has signifcant
infuence 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 entit.
Shri Arn Kumar Churiwal
Chairman & Managing Director
Shri Nivedan Churi,\al Joint Managing Director
Shri Ravi Jhunjhunwala
Shri Sushil Jhunihunwala
Shri Shekhar Agarwal
Shri Amar Nath Choudhar Director
Shri J.C. Laddha
Shri G.P. Singha!
Smt. Abhilasha Mimani
Shri Praveen Jain President & CFO
Ms. Aanchal Patni Company Secretar
B. (i) The entity and the reporting entity are members of the same group
(which means that each parent, subsidiarv and fellow subsidiarv is related to the others)
**N.A. **
(ii) One entity is an associate or joint venture of the other entity
(or an.associate or joint venture of a member of a group of which the other entity is a
member)
**N.A. **
( Associates and other entities are ioint ventures of
NA.
the same third part.
(iv) One Entity is a joint venture of a third party and the other entity is an associate of the third
**entity **
N.A.
(v) /<�,,
The entity is a post-employment beneft plan fr the beneft of employees of�i���
reporting entity or an entity related to the reporting entity.
N�
N.A.
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No. 09.HtN 6837S
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VEGAN
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PROUD TO BE INDIAN 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

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www.bslltd.com

(vi
(vii)
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 Power Limited
Malana Power Limited
Bhilwara Enenzv Limited
Sudi, a SpinnersPrivate Limited
Lagnam Spintex Limited
A person identifed in (a)(i)has significant infuence 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
Post employment benefts
102.82
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 & fnishedgoods
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 from related parties. rent, interest and any other transactions are
made on tenns equivalent to those that prevail in arm's
For BSLLim·ted
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(PRA VEEN JAIN)
President & Chief Financial Ofcer
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