Cosmo First Limited — Audit Report / Information 2020

Jul 1, 2020

CFL/SEC/SE/PS/2020-21/JULY/01 JULY/01

July 1, 2020

The Manager (Listing)	The Manager (Listing)
Bombay Stock Exchange LimitedExchange	National Stock Exchange of InNational Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Towers,	Exchange Plaza,
Dalal Street,	Plot no. C/1, G Block,
Mumbai-400 001	Bandra – Kurla Complex
Scrip Code: 508814	Mumbai-400 051
	Security ID: "COSMOFILMS"Security ID: "COSMOFILMS"

Sub: Submission of Related Party Transactions Transactions for the half year ended on March 31, 2020 for the

Dear Sir,

Pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed herewith disclosures of Related Party Transactions on a Consolidated basis, in the format specified in the accoun March 31, 2020. Requirements)disclosures aaccounting standards for the half year ended on Pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed herewith disclosures of Related Party Transactions on a ting standards for the half year ended on

This disclosure is also being uploaded on the website of the Company i.e. being website of www.cosmofilms.com www.cosmofilms.com

You are requested to take the same on your records. take same

Thanking You

Yours faithfully For Cosmo Films Limited

Sd/- Jyoti Dixit Company Secretary & Compliance Compliance Officer

Encl: As Above

Note: In view of the lockdown due to COVID In the lockdown COVID-19 pandemic, we are submitting unsigned letter. 19 pandemic, we are submitting unsigned letter.

Related party disclousres

In accordance with the required Indian Accounting Standard (IndAS-24) on related party disclosures where control exist and where transactions have taken place and description of the relationship as identified by management are as follows:

i) List of related parties and relationships:

A. Subsidiary company a) CF (Netherlands) Holdings Limited BV., Netherlands b) Cosmo Speciality Chemicals Private Limited (incorporated on 02 March 2020)

B. Step-down subsidiary companies

a) Cosmo Films Inc., USA b) Cosmo Films Japan (GK), Japan c) Cosmo Films Korea Limited, Korea d) CF Investment Holding Private (Thailand) Company Limited, Thailand e) Cosmo Films (Singapore) Pte. Limited, Singapore f) Cosmo Films Poland Sp Z.O.O, Poland

C. Enterprises over which Key managerial personnel of the Company and their relatives have significant influence:

a) Sunrise Manufacturing Company Limited

b) Prime Securities Limited c) Cosmo Foundation

d) Gayatri & Annapurana (Partnership firm)

D. Key management personnel

a) Mr. Ashok Jaipuria, Chairman and Managing Director of Company

b) Mr. Anil Kumar Jain, Director of corporate affairs

c) Mr. H. K. Agrawaal, Independent Director d) Mr. Rajeev Gupta, Non-Independent Director

e) Mrs Alpana Parida, Independent Director

f) Mr. Ashish Kumar Guha, Independent Director (resigned w.e.f 25 July 2019)

g) Mr. Pratip Chaudhuri, Non-Independent Director

h) Mr. H. N. Sinor, Independent Director

i) Mr. Vivek Nangia, Independent Director

j) Mr. Anil Wadhwa, Independent Director

k) Mr. Pankaj Poddar, Chief Executive Officer

l) Mr. Neeraj Jain, Chief Financial Officer

m) Mrs. Jyoti Dixit, Company Secratary

Particulars	Subsidiaries andstep-downsubsidiariescompanies	Keymanagementpersonnel andtheir Relatives	Enterprisesowned orsignificantlyinfluenced by keymanagement	Total
Transactions during the period			personnel or their
1 Investment made
Cosmo Speciality Chemicals Private Limited	0.01	-	-	0.01
2 Sales
Cosmo Films Inc. USA	63.52	-	-	63.52
Cosmo Films Korea Limited, Korea	19.94	-	-	19.94
Cosmo Films Japan (GK)	0.90	-	-	0.90
CF (Netherlands) Holdings Limited BV., Netherlands	21.42	-	-	21.42
3 Sales Return
Cosmo Films Inc. USA	4.80	-	-	4.80
4 Other operating revenues
Cosmo Films Inc., USA	0.33	-	-	0.33
Cosmo Films Korea Limited, Korea	0.15	-	-	0.15
Cosmo Films Japan (GK)	0.10	-	-	0.10
5 Expenses incurred
Cosmo Films Japan (GK)	1.14	-	-	1.14
CF (Netherlands) Holdings Limited BV., Netherlands	0.56	-	-	0.56
6 Rent received
Sunrise Manufacturing Company Limited	-	-	0.01	0.01
7 Corporate guaranteeCosmo Films Inc., USA	75.41	-	-	75.41
8 Commission received on corporate guarantee
Cosmo Films Inc., USA	0.36	-	-	0.36
9 Short term employee benefits	-	11.41	-	11.41
10 Post employment benefits*	-	0.31	-	0.31
11 Share based payments		0.20		0.20
12 Sitting fee/commission paid
Mr. H. K. Agrawaal	-	0.15	-	0.15
Mr. Rajeev Gupta	-	0.14	-	0.14
Mrs. Alpana Parida	-	0.16	-	0.16
Mr. Pratip Chaudhuri	-	0.15	-	0.15
Mr. H. N. Sinor	-	0.16	-	0.16
Mr. Vivek Nangia	-	0.14	-	0.14
Mr. Anil Wadhwa	-	0.16	-	0.16
13 Interest income on loan given
Mr. Pankaj Poddar	-	0.15	-	0.15
14 Corporate social responsibility expenditure
Contribution to Cosmo Foundation	-	-	1.66	1.66

* Does not include the provision made for gratuity and leave benefits, as they are determined on an actuarial basis for all the employees together.

S.No.	Particulars	Subsidiaries andstep-downsubsidiariescompanies	Enterprises ownedor significantlyinfluenced by keymanagementpersonnel or theirrelatives	Key managementpersonnel andtheir Relatives	Total
			As at 31 March 2020 As at 31 March 2020	As at 31 March2020	As at 31 March2020
1	Trade receivables
	Cosmo Films Korea Limited, Korea	21.86	-	-	21.86
	CF (Netherlands) Holdings Limited BV., Netherlands	13.20	-	-	13.20
2	Trade payables
	Cosmo Films Inc., USA	6.45	-	-	6.45
	Cosmo Films Japan (GK)	0.70	-	-	0.70
3	Advance received against sale of goods
	Cosmo Films Inc., USA	1.57	-	-	1.57
4	Corporate guarantee
	Cosmo Films Inc., USA	45.99	-	-	45.99
5	Remuneration payable	-	-	9.07	9.07
6	Loan outstanding
	Mr. Pankaj Poddar	-	-	9.65	9.65