Chembond Material Technologies Limited — Regulatory Filings 2021

Jun 12, 2021

SE/CS/2021-22/17

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12[th] June, 2021

To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai-400001 Company Scrip Code – 530871

To,

National Stock Exchange of India Limited Exchange Plaza, Plot no. C/1, G Block, Bandra-Kurla Complex, Bandra (W), Mumbai-400051 Company Scrip Code – CHEMBOND

Ref: ISIN: INE995D01025

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

Dear Sir/Madam,

In compliance with Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirement) Regulation, 2015, please find enclosed herewith the disclosure of Related Party Transactions both Standalone and Consolidated in the format specified in the Indian Accounting Standards / Accounting Standards for the half-year ended on 31[st] March, 2021.

You are requested to take note of the above.

Thanking You,

Yours faithfully,

for CHEMBOND CHEMICALS LIMITED

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Suchita Singh Company Secretary & Compliance Officer

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Encl: as above

Chembond Chemicals Limited EL-71 Mahape MIDC, Navi Mumbai 400710. INDIA T: +91 22 62643000 - 03 ● F: +91 22 27681294 www.chembondindia.com CIN : L24100MH1975PLC018235

CHMBOND CHEMICALS LTD (STANDALONE) 38 RELATED PARTY DISCLOSURES

Related party disclosures as required under Accounting Standard on "Related Party Disclosures" issued by the Institute India are given below:

a) Relationship:

i. Subsidiary Companies:

Chembond Water Technologies Ltd., Chembond Material Technologies Pvt Ltd , Chembond Clean Water Technologies Ltd., Chembond Biosciences Limited ,Chembond Polymers and Materials Ltd,and Chembond Calvatis Industrial Hygiene Systems Ltd.,Phiroze Sethna Pvt Ltd,Chembond Chemicals (Malaysia) SDN.BHD,Chembond Distribution Ltd and Gramos Chemicals India Pvt.Ltd.

ii. Key Management Personnel and their relatives (KMP)

Key Management Personnel:

Sameer V. Shah, Nirmal V. Shah, Ashwin R. Nagarwadia, Bhadresh D. Shah,Mahendra K.Ghelani, Sushil U.Lakhani,Dr.Prakash Trivedi,Sarawati Sankar.

Relatives :

Padma V. Shah, Dr. Shilpa S. Shah, Mamta N. Shah, Alpana S. Shah, Sandeep H. Shah, Jyoti N. Mehta, Nikhil J. Mehta, Amrita S. B'Durga, Malika S.Shah,Kshitija N. Shah, Raunaq S. Shah, Rahil N. Shah.

Entities over which Key Management personnel are able to exercise influence :

CCL Opto Electronics Pvt Ltd., Finor Piplaj Chemicals Ltd., S and N Ventures Ltd., Visan Holdings Pvt Ltd,and Oriano Clean Energy Pvt Ltd.

b) The following transactions were carried out with related parties in the ordinary course of business

For the year ended / as on Description of the nature of transactions	31.03.2021	31.03.2021	31.03.2021	31.03.2021
	**Subsidiary **	Associates	KMP	Total
Sales of Goods Chembond Water Technologies Ltd Chembond Material Technologies Pvt Ltd Chembond Clean Water Technologies Ltd Chembond Calvatis Industrial Hygiene Systems Ltd Chembond Distribution Ltd Finor Piplaj Chemicals Ltd. Phiroze Sethna Pvt Ltd Chembond Polymers and Materials Ltd Chembond Biosciences Limited Gramos Chemicals Ltd Purchase of Goods Chembond Water Technologies Ltd Chembond Material Technologies Pvt Ltd Chembond Clean Water Technologies Ltd Chembond Biosciences Limited Chembond Distribution Ltd Finor Piplaj Chemicals Ltd. Phiroze Sethna Pvt Ltd Chembond Polymers and Materials Ltd Chembond Calvatis Industrial Hygiene Systems Ltd Purchase of Fixed Assets Chembond Clean Water Technologies Ltd Chembond Water Technologies Ltd Chembond Material Technologies Pvt Ltd Phiroze Sethna Pvt Ltd Sale of Fixed Assets Chembond Water Technologies Ltd Chembond Material Technologies Pvt Ltd Phiroze Sethna Pvt Ltd Chembond Polymers and Materials Ltd Finor Piplaj Chemicals Ltd. Gramos Chemicals Ltd Sale of Consumable Chembond Water Technologies Ltd Phiroze Sethna Pvt Ltd Gramos Chemicals Ltd Rent Income Chembond Water Technologies Ltd Chembond Clean Water Technologies Ltd Chembond Material Technologies Pvt Ltd Chembond Polymers and Materials Ltd Chembond Distribution Ltd Chembond Calvatis Industrial Hygiene Systems Ltd Finor Piplaj Chemicals Ltd. Oriano Clean Energy Pvt Ltd SubContract Receipt (Revenue) Chembond Water Technologies Ltd Chembond Material Technologies Pvt Ltd Chembond Biosciences Limited Service Charges(BSS) Income Chembond Water Technologies Ltd Chembond Polymers and Materials Ltd Chembond Calvatis Industrial Hygiene Systems Ltd	335.98 72.27 135.56 0.20 71.64 21.58 0.00 0.00 0.10 34.62 0.00 465.11 32.88 102.43 2.47 18.62 194.26 110.52 3.33 0.60 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.00 0.00 0.00 0.00 0.00 0.50 0.02 0.00 0.01 0.01 29.85 25.47 2.85 0.60 0.21 0.12 0.60 0.00 0.00 635.13 402.85 193.77 38.51 123.63 106.35 17.28 0.00	0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00	0.08 0.00 0.00 0.00 0.00 0.00 0.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.12 0.00 0.00 0.00 0.00 0.00 0.00 1.50 4.62 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00	336.06 72.27 135.56 0.20 71.64 21.58 0.08 0.00 0.10 34.62 0.00 465.11 32.88 102.43 2.47 18.62 194.26 110.52 3.33 0.60 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.00 0.00 0.00 0.00 0.00 0.50 0.02 0.00 0.01 0.01 35.97 25.47 2.85 0.60 0.21 0.12 0.60 1.50 4.62 635.13 402.85 193.77 38.51 123.63 106.35 17.28 0.00

Corporate Gurantee Fees Income Chembond Water Technologies Ltd Chembond Clean Water Technologies Ltd Dividend Income Chembond Water Technologies Ltd Chembond Clean Water Technologies Ltd Phiroze Sethna Pvt Ltd Interest Income Chembond Material Technologies Pvt Ltd Chembond Biosciences Limited Chembond Distribution Ltd Chembond Polymers and Materials Ltd Phiroze Sethna Pvt Ltd Rental Expenses Finor Piplaj Chemicals Ltd. Director Remunration Sameer V .Shah Nirmal V. Shah Director Sitting Fees Ashwin Nagarwadia Mahendra Ghelani Sushil Lakhani Sarswati Sankar Dr.Prakash Trivedi Professional & Consulting Fees Bhadresh D. Shah Royalty S and N Ventures Ltd Balance at the end of the year A. Loans Given Chembond Material Technologies Pvt Ltd Chembond Biosciences Limited Chembond Polymers and Materials Ltd Phiroze Sethna Pvt Ltd B. Sundry Debtors Chembond Water Technologies Ltd Chembond Clean Water Technologies Ltd Chembond Distribution Ltd Chembond Calvatis Industrial Hygiene Systems Ltd Chembond Material Technologies Pvt Ltd Chembond Chemicals (Malaysia) SDN.BHD Chembond Polymers and Materials Ltd Chembond Biosciences Limited Phiroze Sethna Pvt Ltd Gramos Chemicals Ltd Finor Piplaj Chemicals Ltd. C. Sundry Creditors Chembond Water Technologies Ltd Chembond Clean Water Technologies Ltd Chembond Polymers and Materials Ltd Chembond Calvatis Industrial Hygiene Systems Ltd S and N Ventures Ltd Finor Piplaj Chemicals Ltd. Phiroze Sethna Pvt Ltd Chembond Distribution Ltd D. Investments Chembond Water Technologies Ltd Chembond Material Technologies Pvt Ltd Chembond Clean Water Technologies Ltd Chembond Biosciences Limited Chembond Calvatis Industrial Hygiene Systems Ltd Chembond Distribution Ltd Chembond Polymers and Materials Ltd Phiroze Sethna Pvt Ltd	10.22 9.47 0.75 0.00 0.00 0.00 0.00 78.71 57.80 19.48 0.00 0.29 1.14 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1817.00 1288.00 434.00 50.00 45.00 849.42 108.35 1.90 34.96 31.14 491.31 21.25 155.77 2.62 2.12 11.86 11.29 0.56 0.00 0.00 0.00 125.23 11368.64 4887.86 1552.32 0.00 190.00 32.39 92.40 486.76 4126.90	0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00	0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6.63 6.63 65.43 37.43 28.00 6.00 2.13 2.00 1.13 0.50 0.25 17.56 17.56 6.90 6.90 0.00 1.75 1.75 43.58 1.18 42.40 0.00	10.22 9.47 0.75 0.00 0.00 0.00 0.00 78.71 57.80 19.48 0.00 0.29 1.14 6.63 6.63 65.43 37.43 28.00 6.00 2.13 2.00 1.13 0.50 0.25 17.56 17.56 6.90 6.90 1817.00 1288.00 434.00 50.00 45.00 851.16 108.35 1.90 34.96 31.14 491.31 0.00 21.25 155.77 2.62 2.12 1.75 180.67 11.29 0.56 0.00 0.00 1.18 42.40 0.00 125.23 11368.64 4887.86 1552.32 0.00 190.00 32.39 92.40 486.76 4126.90

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CHEMBOND CHEMICALS LIMITED (CONSOLIDATED) Related party disclosures as required under Ind AS 24 on "Related Party Disclosures"

a) Name of related party and discription of relationship:

i. Joint Venture:

Calvatis Gmbh

• ii. Key Management Personnel and their relatives (KMP)

Key Management Personnel:

Sameer V. Shah, Nirmal V. Shah, Ashwin R. Nagarwadia, Bhadresh D. Shah, Mahendra K.Ghelani, Sushil U.Lakhani, Dr.Prakash Trivedi, Sarawati Sankar.

Relatives :

Padma V. Shah, Dr. Shilpa S. Shah, Mamta N. Shah, Alpana S. Shah, Jyoti N. Mehta, Amrita S.Shah, Malika S.Shah, Gaurni N.Mehta, Karishma N.Mehta Entities over which Key Management personnel are able to exercise influence : CCL Opto Electronics Pvt Ltd., Finor Piplaj Chemicals Ltd., S and N Ventures Ltd., Visan Holdings Pvt Ltd, Visan Trust,Protochem Products Pvt Ltd.and Oriano Clean Energy Pvt Ltd.

• b The following transactions were carried out with related parties in the ordinary course of business

(Rs. In lakhs)

	(Rs. In lakhs)	(Rs. In lakhs)	(Rs. In lakhs)
For the year ended/as on	31.03.2021
Description of the nature of transactions	Joint Venture	KMP	Total
Sales of Goods Chembond Chemicals Ltd. Chembond Material Technologies Pvt Ltd Phiroze Sethna Private Limited Chembond Water Technologies Ltd Chembond Distribution Ltd Chembond Clean Water Technologies Ltd Purchase of Goods Chembond Chemicals Ltd. Chembond Material Technologies Pvt Ltd Chembond Polymers and Materials Ltd Chembond Water Technologies Ltd Chembond Distribution Ltd Rent Income Chembond Chemicals Ltd. Rental Expenses Chembond Chemicals Ltd. Chembond Water Technologies Ltd Director Remunration Chembond Chemicals Ltd. Chembond Material Technologies Pvt Ltd Phiroze Sethna Private Limited Chembond Biosciences Ltd Chembond Water Technologies Ltd Director Sitting Fees Chembond Chemicals Ltd. Chembond Material Technologies Pvt Ltd Chembond Polymers and Materials Ltd Chembond Water Technologies Ltd Chembond Clean Water Technologies Ltd Professional & Consulting Fees Chembond Chemicals Ltd. Chembond Material Technologies Pvt Ltd Chembond Polymers and Materials Ltd Royalty Chembond Chemicals Ltd. Chembond Material Technologies Pvt Ltd Interest on Loan Chembond Material Technologies Pvt Ltd Chembond Water Technologies Ltd Chembond Biosciences Ltd Loan Taken Chembond Biosciences Ltd Loan Repaid Chembond Water Technologies Ltd Chembond Biosciences Ltd Balances at the year end Sundry Debtors Chembond Chemicals Ltd. Chembond Material Technologies Pvt Ltd Chembond Polymers and Materials Ltd Chembond Water Technologies Ltd Chembond Distribution Ltd Chembond Clean Water Technologies Ltd Sundry Creditors Chembond Chemicals Ltd. Chembond Material Technologies Pvt Ltd Chembond Polymers and Materials Ltd Chembond Water Technologies Ltd Chembond Distribution Ltd Chembond Clean Water Technologies Ltd Loans Chembond Material Technologies Pvt Ltd Chembond Biosciences Ltd	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	75.63 0.08 0.14 0.00 19.06 53.34 3.01 809.55 110.52 4.59 0.00 614.99 79.45 6.12 6.12 11.76 10.26 1.50 189.85 64.90 0.00 39.41 12.09 73.45 7.28 6.00 0.28 0.15 0.53 0.30 52.86 17.56 35.31 0.00 18.56 6.90 11.66 2.50 0.43 0.00 2.06 - 0.00 110.00 95.00 15.00 55.72 1.75 22.19 1.42 10.14 19.93 0.30 388.68 43.58 5.50 0.00 282.55 56.78 0.26 55.00 10.00 45.00	75.63 0.08 0.14 0.00 19.06 53.34 3.01 809.55 110.52 4.59 - 614.99 79.45 6.12 6.12 11.76 10.26 1.50 189.85 64.90 0.00 39.41 12.09 73.45 7.28 6.00 0.28 0.15 0.53 0.30 52.86 17.56 35.31 0.00 18.56 6.90 11.66 2.50 0.43 0.00 2.06 - - 110.00 95.00 15.00 55.72 1.75 22.19 1.42 10.14 19.93 0.30 388.68 43.58 5.50 0.00 282.55 56.78 0.26 55.00 10.00 45.00

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