Digicontent Limited — Interim / Quarterly Report 2021

Nov 13, 2020

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DIGICONTENT LIMITED

Registered Office: Hindustan Times House (2[nd] Floor) 18-20, Kasturba Gandhi Marg, New Delhi – 110 001, India T : +9111 66561234 F: +911166561270 W: www.digicontent.co.in E: corporatedept@digicontent.co.in CIN: L74999DL2017PLC322147

Ref: DCL/CS/160/2020

13[th] November, 2020

BSE Limited P.J. Tower, Dalal Street Exchange Plaza, 5[th] Floor, MUMBAI - 400 001 Plot No. C/1, G Block Bandra-Kurla Complex, Bandra (East) MUMBAI - 400 051

The National Stock Exchange of India Limited

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, 2020 is enclosed herewith.

This is for your information and records.

Thanking you,

Yours faithfully,

For DIGICONTENT LIMITED

Digitally signed by ANUP SHARMA DN: c=IN, st=Delhi, 2.5.4.20=353f2f5934a7efee6c801c963 ANUP b4af319b012bbd477fa5e85d4dfe6a7f082074b, postalCode=110016, street=HAUZ KHAS, serialNumber=bae7a10ce320eb9b77b SHARMA 2d2dc32faf474b7cd1f8618cdf138c951aec67b1d0e20, o=Personal, cn=ANUP SHARMA Date: 2020.11.13 13:37:52 +05'30'

(Anup Sharma) Chief Financial Officer

Encl.: As Above

Digicontent Limited

Disclosure of related party transactions for the half year ended September 30, 2020 and balances as at September 30, 2020

i) List of Related Parties and Relationships:-
Parties having direct or indirect control over the Company (Holding Company)	Earthstone Holding (Two) Private Limited (Ultimate controlling party is the Promoter Group)
Holding Company	The Hindustan Times Limited
Fellow Subsidiaries (with whom transactions have occurred during the period)	HT Media Limited
	Hindustan Media Ventures Limited
	HT Overseas Pte. Ltd.
Key Managerial Persons (with whom transactions have occurred during the period)	Mr. Ajay Relan (Non-Executive independent Director)
	Mr. Vivek Mehra (Non-Executive independent Director)
	Ms. Suchitra Rajendra (Non-Executive independent Director)

ii) 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 (other than loan taken).

Digitally signed by ANUP SHARMA DN: c=IN, st=Delhi, 2.5.4.20=353f2f5934a7efee6c801c963 ANUP b4af319b012bbd477fa5e85d4dfe6a7f082074b, postalCode=110016, street=HAUZ KHAS, serialNumber=bae7a10ce320eb9b77 SHARMA b2d2dc32faf474b7cd1f8618cdf138c951aec67b1d0e20, o=Personal, cn=ANUP SHARMA Date: 2020.11.11 16:15:44 +05'30'

	iii) Transactions for the half year ended September 30, 2020 and balances as at September 30, 2020: (INR Lakhs)*	iii) Transactions for the half year ended September 30, 2020 and balances as at September 30, 2020: (INR Lakhs)*	iii) Transactions for the half year ended September 30, 2020 and balances as at September 30, 2020: (INR Lakhs)*	iii) Transactions for the half year ended September 30, 2020 and balances as at September 30, 2020: (INR Lakhs)*	iii) Transactions for the half year ended September 30, 2020 and balances as at September 30, 2020: (INR Lakhs)*
	Particulars	Holding Company	Fellow Subsidiaries	Key Management Personnel	Total
	REVENUE TRANSACTIONS
	INCOME
	Digital services	-	135	-	135
	Service fees received	-	19	-	19
	Multi-media content management services	-	4,768	-	4,768
	Commission Income	-	2	-	2
	EXPENSE
	Advertisement expenses	-	31	-	31
	Commission Expenses	-	20	-	20
	Share of Revenue given on Joint Sale	-	60	-	60
	Infrastructure support services	-	942	-	942
	Rent & maintenance	531	-	-	531
	Interest accrued on inter corporate deposit	-	544	-	544
	Treasury & management support services	-	114	-	114
	Non Executive Director's Sitting Fee	-	-	14	14
	OTHERS
	Reimbursement of expenses incurred on behalf of the Group by parties	-	34	-	34
	BALANCE OUTSTANDING
	Trade and other receivables (including other financial assets)	-	2,024	-	2,024
	Trade payables	-	2	-	2
	Prepaid expenses	1,270	-	-	1,270
	Inter corporate deposit taken & interest accrued on it	-	10,423	-	10,423
	Security deposit given	1,556	-	-	1,556
	*Amounts rounded off to the nearest lacs.

ANUP Digitally signed by ANUP SHARMA DN: c=IN, st=Delhi, 2.5.4.20=353f2f5934a7efee6c801c963b4af319b012bbd477fa5e85d4dfe6a7f082074b , postalCode=110016, street=HAUZ KHAS, serialNumber=bae7a10ce320eb9b77b2d2dc32faf474b7cd1f8618cdf138c951aec67b SHARMA 1d0e20, o=Personal, cn=ANUP SHARMA Date: 2020.11.11 16:17:21 +05'30'