Deepak Spinners Ltd. — Regulatory Filings 2024

Nov 14, 2024

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REF.NO/DSL/PA/2024

Dated 14.11.2024

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 30[th] September 2024 of the Company.

This is for your information and record.

Yours faithfully, FOR DEEPAK SPINNERS LIMITED 4ec3b1e1-41e Digitally signed by 4ec3b1e1-41ee-47a5-8 e-47a5-8b60b60-8edc86f45c7b Date: 2024.11.14 8edc86f45c7b 17:11:25 +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 ON 30.09.2024 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
subsidiary entereing into the transaction)Details of the party (listed entity / Details of the counter party party as a result of the transaction In case monies are due to either incurred to make or give loans, inter-corporate deposits, advances or Details of the loans, inter-corporate deposits, advances or investments
investments
Purpose
Value of the related Value of for which
S. No. party transactionType of related approved by the audit party transactionas transaction during the Nature of Nature (loan / the funds will be
Name PAN Name PAN Relationship of the counterparty with committee reporting period 01.04.2024 Closing Balance as on indebtednes Cost Tenure advance/inter- Interest Tenure Secured / utilised by the
the listed entity or its subsidiary 30.09.2024 debt / any other etc.)(loan/issuance of corproate deposti / invetment Rate (%) Unsecured recipient ultimate
of funds
(end-
usage)
As approved by NRC
and Board and
1 Deepak Spinners Limited AABCD0387R Shri Pradip Kumar Daga AGAPD8547R Chairman and Managing Director Remuneration shareholders 6,77,600 9,99,800 -- -- -- -- -- -- -- -- --
As approved by the
2 Deepak Spinners Limited AABCD0387R Shri Shantanu Daga AHXPD5470F Non-Executive Director, Sitting fee Board 44,000 - - -- -- -- -- -- -- -- --
As approved by Board
3 AABCD0387R Shri Shantanu Daga AHXPD5470F Non Executive Director Commission and shareholders 1,26,140 1,26,140 -- -- -- -- -- -- -- --
As approved by the
4 Deepak Spinners Limited AABCD0387R Smt. Asha Devi Daga ADIPD1260C Non-Executive Director Sitting fee Board 22,000 - -- -- -- -- -- -- -- --
As approved by Board
5 AABCD0387R Smt. Asha Devi Daga ADIPD1260C Non-Executive Director Commission and shareholders - 1,78,390 1,78,390 -- -- -- -- -- -- -- --
As approved by the
6 Deepak Spinners Limited AABCD0387R Shri Pradeep Drolia ADEPD1337J Independent Non-Executive Director Sitting fee Board 1,06,500 - - -- -- -- -- -- -- -- --
As approved by Board
7 Deepak Spinners Limited Shri Pradeep Drolia ADEPD1337J Independent Non-Executive Director Commission and shareholders - 1,78,390 1,78,390 -- -- -- -- -- -- -- --
Shri Anand Prasad As approved by the
8 Deepak Spinners Limited AABCD0387R Agrawal ACGPA1603B Independent Non-Executive Director Sitting fee Board 1,19,000 - - -- -- -- -- -- -- -- --
Shri Anand Prasad As approved by Board
9 Deepak Spinners Limited AABCD0387R Agrawal ACGPA1603B Independent Non-Executive Director Commission and shareholders 1,78,390 1,78,390 -- -- -- -- -- -- -- --
As approved by the
10 Deepak Spinners Limited AABCD0387R Shri Vivek Chiraniya ACAPC4642C Independent Non-Executive Director Sitting fee Board 1,06,500 - - -- -- -- -- -- -- -- --
As approved by Board
Deepak Spinners Limited AABCD0387R Shri Vivek Chiraniya ACAPC4642C Independent Non-Executive Director Commission and shareholders - 1,78,390 1,78,390 -- -- -- -- -- -- -- --
As approved by the
8.. Deepak Spinners Limited AABCD0387R Shri Sharad Agarwal AFLPA8621D Independent Non-Executive Director Sitting fee Board 22,000 - -- -- -- -- -- -- -- --
As approved by the
Deepak Spinners Limited AABCD0387R Shri Sharad Agarwal AFLPA8621D Independent Non-Executive Director Commission Board - 1,60,300 1,60,300 -- -- -- -- -- -- -- --
Shri Punam Chand
9 Deepak Spinners Limited AABCD0387R Sharma ADNPS9483K Chief Financial Officer Remuneration 24,00,000 10,99,392 50,424 2,26,857 -- -- -- -- -- -- -- --
10 Deepak Spinners Limited AABCD0387R Smt. Puneeta Arora AANPA9922E Company Secretary Remuneration 15,50,000 7,24,728 80,591 1,58,533 -- -- -- -- -- -- -- --
Purchase of
Deepak Industries Significant influence of KMP and their electricity (See
11 Deepak Spinners Limited AABCD0387R Limited AAACD8676J relatives Note 1) 3,06,00,000 83,08,313 14,06,933 16,23,818 -- -- -- -- -- -- -- --
Rent Received
12 Deepak Spinners Limited AABCD0387R Contransys Pvt Ltd. AABCC0141L Promoter Group (see Note 1) 3,55,000 1,75,680 - 29,280 -- -- -- -- -- -- -- --
Rent Paid (see
13 Deepak Spinners Limited AABCD0387R Merlin Holdings Pvt. Ltd AABCM9295P Common Directors Note 1) 5,00,000 2,40,000 - - -- -- -- -- -- -- -- --
1,16,45,713 For Deepak Spinners Limited
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. 4ec3b1e1-41ee-47 Digitally signed by 4ec3b1e1-41ee-47a5-8b60-8ed
a5-8b60-8edc86f45c7b c86f45c7b Date: 2024.11.14 17:11:47 +05'30'
Company Secretary
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