Deepak Spinners Ltd. — Regulatory Filings 2023

May 24, 2023

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REF.NO/DSL/PA/2023

Dated 24.05.2023

To, BSE Limited, P. J. Towers, 25[th] Floor, Dalal Street, Mumbai – 400 001

SCRIP CODE – 514030

Sirs,

Sub. : Disclosure regarding Related Party Transactions of Deepak Spinners Limited (‘the Company’)

Ref. : Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’)

Pursuant to Regulation 23 (9) of Listing Regulations, please find annexed the Statement regarding disclosure of Related Party Transactions in the specified format for the half year ended 31[st] March 2023 of the Company.

This is for your information and record.

Yours faithfully, FOR DEEPAK SPINNERS LIMITED

Puneeta Digitally signed by Puneeta Arora Arora Date: 2023.05.24 18:51:51 +05'30' (PUNEETA ARORA). COMPANY SECRETARY

Encl : above.

Registered Office & Works : Deepak Spinners Limited, 121, Industrial Area, Baddi, Tehsil Nalagarh, District Solan, Himachal Pradesh – 173 205. Phone : +91 1795 244011 / 16

DEEPAK SPINNERS LIMITED

RELATED PARTY TRANSACTIONS DISCLOSURE FOR THE HALF YEAR ENDED ON31ST MARCH 2023 UNDER REGULATION 23(9) OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIRMENTS) REGULATIONS, 2015

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Additional disclosure of related party transactions - applicable only in case the related party
transactionrelates 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.
In case any financial indebtedness is
Details of the party (listed entity / In case monies are due to either incurred to make or give loans, inter- Details of the loans, inter-corporate deposits, advances or
subsidiary entereing into the transaction) Details of the counter party party as a result of the transaction corporate deposits, advances or investments
investments
Value of the related Value of Purpose
S. No. Type of related transactionparty approved by the audit party transactionas transaction during the the funds for which will be
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary committee reporting period Balance as on 1.10.2022 Opening Closing Balance 31.03.2023 as on (loan/issuance of indebtednes Nature of Cost Tenure corproate deposti advance/inter-Nature (loan / Rate (%)Interest Tenure Unsecured Secured / ultimate utilised by the
debt / any other etc.) / invetment
recipient
of funds
(end-
usage)
As approved by NRC
and Board and
1 Deepak Spinners Limited Shri Pradip Kumar Daga AGAPD8547R Chairman and Managing Director Remuneration shareholders 73,92,000 5,34,800 - -- -- -- -- -- -- -- --
Gratuity, HRA,
leave As approved by NRC
Non-Executive Director (past Whole encashment, and Board and
2 Deepak Spinners Limited AABCD0387R Shri Shantanu Daga AHXPD5470F Time Director) bonus shareholders 52,94,459 - - -- -- -- -- -- -- -- --
As approved by the
3 Deepak Spinners Limited AABCD0387R Shri Shantanu Daga AHXPD5470F Non-Executive Director Sitting fee Board 15,000 - -
As approved by the
4 Deepak Spinners Limited AABCD0387R Smt. Asha Devi Daga ADIPD1260C Non-Executive Director Sitting fee Board 15,000 - - -- -- -- -- -- -- -- --
As approved by the
5 Deepak Spinners Limited AABCD0387R Shri Pradeep Drolia ADEPD1337J Independent Non-Executive Director Sitting fee Board 90,000 - - -- -- -- -- -- -- -- --
Shri Anand Prasad As approved by the
6 Deepak Spinners Limited AABCD0387R Agrawal ACGPA1603B Independent Non-Executive Director Sitting fee Board 75,000 - - -- -- -- -- -- -- -- --
As approved by the
7 Deepak Spinners Limited AABCD0387R Shri Vivek Chiraniya ACAPC4642C Independent Non-Executive Director Sitting fee Board 82,500 - - -- -- -- -- -- -- -- --
Shri Punam Chand
8 Deepak Spinners Limited AABCD0387R Sharma ADNPS9483K Chief Financial Officer Remuneration 2100000 11,17,080 94,180 89,180 -- -- -- -- -- -- -- --
9 Deepak Spinners Limited AABCD0387R Smt. Puneeta Arora AANPA9922E Company Secretary Remuneration 1350000 7,47,495 72,920 59,920 -- -- -- -- -- -- -- --
Purchase of
Deepak Industries electricity (See
10 Deepak Spinners Limited AABCD0387R Limited AAACD8676J Common Directorship Note 1) 4,00,00,000 76,62,893 7,95,480 18,36,167 -- -- -- -- -- -- -- --
Significant influence of KMP and their
11 Deepak Spinners Limited AABCD0387R Daga Seva Nidhi AAATD5592L relatives Donation 1500000 15,00,000 - - -- -- -- -- -- -- -- --
Bansidhar Daga Significant influence of KMP and their
12 Deepak Spinners Limited AABCD0387R Foundation AAATB7017Q relatives Donation 1500000 15,00,000 - - -- -- -- -- -- -- -- --
Rent Received
13 Deepak Spinners Limited AABCD0387R Contransys Pvt Ltd. AABCC0141L Promoter Group (see Note 1) 352000 1,75,680 28,750 31,622 -- -- -- -- -- -- -- --
Security
Deepak Spinners Limited AABCD0387R Contransys Pvt Ltd. AABCC0141L Promoter Group deposit 20,000 20,000 20,000 -- -- -- -- -- -- -- --
14 Deepak Spinners Limited AABCD0387R Coplama Products Pvt. LtdAABCC1046L Promoter Group Rent Paid (see N 6000 3,000 1,500 - -- -- -- -- -- -- -- --
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• Note - (1) Value of the related party transactions as approved by the audit committee represents specific transactions approved and omnibus limit approved by Audit Committee wherever applicable. (2) Apart from this, Shri Yashwant Kumar Daga has given Personal Guarantee to the bankers of the Company for securing various borrowings