Digicontent Limited — Interim / Quarterly Report 2020

Nov 21, 2019

DCL/CS/164/2019

BSE Limited P.J. Tower, Dalal Street MUMBAI - 400 001

DIGICONTENT LIMITED ( formerly known as HT Digital Ventures Limited) Registered Office: Hindustan Times House (2nd Floor) 18-20, Kasturba Gandhi Marg, New Delhi 110 001, India 0 +91 11 6656 1234 0+91 11 6656 1270 ~ www.digicontent.co.in O corporatedept@digicontent.co.in CIN:L74999DL2017PLC322147

2 N V 2u ~

The National Stock Exchange of India Limited Exchange Plaza, 5 th Floor Plot No. C/1, G Block Bandra-Kurla Complex Bandra (East) MUMBAI - 400 051

Scrip Code: 542685 Trading Symbol: DGCONTENT

Dear Sirs,

Sub: Compliance under Regulation 23(9) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR")

In terms of Regulation 23(9) of SEBI LODR, disclosure of Related Party Transactions on consolidated basis, in the format as specified in the applicable accounting standards for the half year ended on September 30, 2019 is enclosed herewith.

This is for your information and records.

Thanking you,

Yours faithfully,

(Anup S r Chief Finan ~

Encl.: As Above

Digicontent Limited (formerly known as HT Digital Ventures Limited) - Disclosure of Related Party Transactions and Balances

i)List of Related Parties and Relationships:-
Holding Company of Parent Company	Earthstone Holding (Two) Private Limited (formerly known asEarthstone Holding (Two) Limited) *
Holding Company	The Hindustan Times Limited
Fellow Subsidiaries (with whom transactions have occurred during theyear)	HT Media Limited
	Hindustan Media Ventures Limited
	HT Overseas Pte. Ltd.
Key Management Personnel (with whom transaction	s have occurred during Aiav Relan (Non-Executive Independent Director)
the year)	-Executive Independent Director)Vivek Mehra (Non
	Suchitra Raiendra (Non-Executive Independent Director)

* Earthstone Holding (Two) Private Lim ited is the holding Company of The Hindustan Times Limited.

Terms and conditions of transactions with related parties

The sales to and purchases from related parties are made on terms equivalent to those that prevail in arm's length transactions. Outstanding balances at the year-end are unsecured and interest free and settlement occurs in cash.

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ii) Transactions for the half year ended September 30, 2019 and balances as at September 30, 2019:

				(INR Lacs)
Particulars		Holding Company Fellow Subsidiaries	Key ManagementPersonnel	Total
REVENUE TRANSACTIONS
INCOME
Digital Services		72		72
Service fees received		712		712
Multi-Media Content Management Services		8,647		8,647
Share of Revenue received on Joint Sale		3		3
EXPENSE
Advertisement Expenses		88		88
Infrastructure Support Services		1,066		1,066
Rent & maintenance	807			807
Interest on Inter Corporate Loan		490		490
Treasury support services
Non Executive Director's Sitting Fee	$\sim$		6	6
OTHERS
Reimbursement of expenses incurred on behalf of the Group by parties		32		32
Reimbursement of expenses incurred on behalf of the party by the Group		10		10
Issue of Equity Share capital	809			809
Security Deposit paid	250			250
BALANCE OUTSTANDING
Equity Share capital	809	$\omega$	$\overline{\phantom{a}}$	809
Trade and Other Receivables (including advances given)	1,076	2,771		3,848
Trade Payables		25		25
Inter Corporate Deposit & Interest accrued on it		9,451		9,451
Security deposits paid	250			250

Note A:-The transactions above do not include GST, Service Tax, VAT etc.