CL Educate Limited — Interim / Quarterly Report 2023

Nov 17, 2022

ARJUN

WADHWA

Digitally signed by ARJUN WADHWA Date: 2022.11.17 18:51:43 +05'30'

Related Party Transactions on a consolidated basis for the half year ended September 30, 2022

(Rs. in Lakh)

													(Rs. in Lakh)	(Rs. in Lakh)	(Rs. in Lakh)	(Rs. in Lakh)	(Rs. in Lakh)	(Rs. in Lakh)	(Rs. in Lakh)	(Rs. in Lakh)	(Rs. in Lakh)	(Rs. in Lakh)
													Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
S. No .	Details of the party (listed entity /subsidiary) entering into the transaction		Details of the counterparty			Type of related party transaction	Details of other related party transaction	Value of the related party transaction as approved by the Audit Committee	Remarks on approval by audit committee	Value of transaction during the reporting period	In case monies are due to either party as a result of the transaction		In case any financial indebtedness is incurred to make or give loans, inter- corporate deposits, advances or investments				Details of the loans, inter-corporate deposits, advances or investments					Notes
	Name	PAN Refer Note (iv)	Name	PAN Refer Note (iv)	Relationship of the counterparty with the listed entity or its subsidiary						Opening balance	Closing balance	Nature of indebtedn ess (loan/ issuance of debt/ any other etc.)	Details of other indebtedness	Cost	Tenure	Nature (loan/ advance/ intercorporat e deposit/ investment)	Interest Rate (%)	Tenure	Secured/ unsecured	Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1	CL Educate Limited		Mr. Satya Narayanan R		Promoter and Chairman & Executive Director	Remuneration			Not Applicable	48.74	0.00	4.89										Refer Note (i)
2	CL Educate Limited		Mr. Gautam Puri		Promoter and Vice Chairman & Managing Director	Remuneration			Not Applicable	48.74	0.00	4.89										Refer Note (i)
3	CL Educate Limited		Mr. Nikhil Mahajan		Promoter and Executive Director & Group CEO Enterprise Business	Remuneration			Not Applicable	49.42	0.00	3.33										Refer Note (i)
4	CL Educate Limited		Mr. Sreenivasan Ramakrishnan		Brother of Mr. Satya Narayanan R, Chairman & Executive Director	Remuneration		50.00	Approved	14.90	0.00	0.00
5	CL Educate Limited		Mr. R Shiva Kumar Ramachandran		Brother- inlaw of Mr. Satya Narayanan R,	Remuneration		75.00	Approved	37.23	0.00	0.00

					Chairman & Executive Director
6	CL Educate Limited		Bilakes Consulting PrivateLimited		Promoter	Advance				0.06	77.25	77.31										Refer Note (ii)
7	CL Educate Limited		Career Launcher Foundation		Section-8 Subsidiary	Any other transaction	Amount paid towards CSR			59.00	0.00	0.00
8	CL Educate Limited		Career Launcher Education Foundation (CLEF)		Entities with significant influence overentity	Loan				9.80	49.88	59.68
9	CL Educate Limited		Career Launcher Education Foundation		Entities with significant influence over entity	Any other transaction	Provisional rite - Off of the Loan Availed by Career Launcher Education Foundation from CL Educate Limited			1214.59	1264.47	49.88										Refer Note (iii)

Notes:

(i). Amount displayed as closing balance is w.r.t. the short term employee benefit given.

(ii). Includes capital advances & business advances given to Bilakes Consulting Private Limited.

(iii). Provisional write off of the loan availed by Career Launcher Education Foundation from CL Educate Limited – Rs. 1214.59 Lakh.

(iv). PAN is disclosed in the XBRL template, and it will not be displayed on the website of the Stock Exchange(s).