DIGISPICE TECHNOLOGIES LIMITED — Regulatory Filings 2020

Jul 26, 2020

Date: July 26, 2020

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 517214

National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block Bandra – Kurla Complex, Bandra (E), Mumbai – 400 051 Scrip Code: DIGISPICE

Sub.: Disclosure of Related Party Transactions for the half-year ended March 31, 2020

Dear Sir/Madam,

Pursuant to Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith, disclosure of related party transactions on a consolidated basis for the half-year ended March 31, 2020.

You are requested to kindly take the aforesaid information on record and acknowledge the receipt of the same.

Thanking you.

Yours faithfully, For DiGiSPICE Technologies Limited (formerly Spice Mobility Limited)

Sd/- M.R. Bothra Vice President – Corporate Affairs & Company Secretary Ph. No. 0120 – 3355131

Encl.: as above

Note: In view of the Guidelines issued by the stock exchanges for submission of the documents in the wake of CoVID-19 virus pandemic, this document is being submitted without signature of the aforesaid signatory i.e. with Sd/-.

DiGiSPICE Technologies Limited

(formerly known as Spice Mobility Limited)

Disclosure of Related Parties Transactions for the half-year ended March 31, 2020 on consolidated basis

A) List of Related Parties & Relationship

Ultimate Holding Company	Smart Global Corporate Holding Private Limited
Holding Company	Spice Connect Private Limited
Enterprisesdirectlyorindirectly	Wall Street Finance Limited
throughoneormoreintermediaries are under common	Smart Dreams Private Limited
control with the Company	S Global Innovation Centre Pte Limited
	Spicebulls Investments Limited
	Sterea Infratech Limited
	Smart Bharat Private Limited (formerly Smart Entertainment Private Limited)
	New Spice Sales & Solutions Limited (Formerly known as Spice Retail Limited)
	Spice Smart Solutions Limited
	Smartvalue Ventures Private Limited
Key Management Personnel (KMP)	Mr. Dilip Modi- Non-Executive Chairman w.e.f. October 1, 2019
and Relatives of KMP	Mr. Suman Ghosh Hazra- Independent Director
	Ms. Rashmi Aggarwal- Independent Director
	Mr. Mayank Jain- Independent Director
	Ms. Preeti Das- Executive Director & Chief Executive Officer w.e.f. October 1, 2019
	Mr. Rajneesh Arora- Chief Financial Officer (ceased w.e.f. 4th February, 2020)
	Mr. Deepak Mehta- Chief Financial Officer w.e.f. 4th February, 2020
	Mr. M R Bothra- Vice President- Corporate Affairs and Company Secretary
	Ms. Anu Arora- Relative of KMP
	Ms. Muskan Bothra- Relative of KMP
	Ms. Pallavi Mehta- Relative of KMP
AssociatesandJointVentureofthe Group	Creative Functionapps Lab Private Limited, an associate of the companyZiiki Media SA (Pty) Ltd (formerly known as Spice Digital South Africa (Pty) Limited)(w.e.f. 7th February, 2019), an associate of the company
Enterprises over which individualshavingsignificantinfluenceoverthe Company is able to exercisesignificant influence	S i2i Limited

Transactions and balances with own subsidiaries of the Company are eliminated on consolidation basis.

Names of only those related parties with whom either the transaction(s) have taken place during the period and/or with whom there is outstanding balances at the end of period, have been reported.

for DiGiSPICE Technologies Limited

(formerly Spice Mobility Limited)

(Ravindra Kumar Sarawagi) CFO

DiGiSPICE Technologies Limited

(formerly known as Spice Mobility Limited)

B) Transactions with Related Parties during the half year ended March 31, 2020(Amt. Rs. Lakhs)
Particulars	Ultimate	Holding	Enterprises	Key	Associates	Enterprises	Total
	Holding	Company	directly or	Management	and Joint	over which
	Company		indirectly	Personnel	Venture of	individuals
			through one or	(KMP) and	the Group	having
			more	Relatives of		significant
			intermediaries	KMP		influence over
			are under			the Company
			common controlwith the			is able toexercise
			Company			significant
						influence
Remuneration				270.64			270.64
Directors Sitting Fees (excluding ServiceTax/GST)				6.75			6.75
Cost of services rendered					17.00		17.00
Rent Income	59.45	6.08	0.80				66.33
Travel Services		3.09	0.57	39.75			43.41
Interest Income			0.26				0.26
Interest Expense			25.86				25.86
Reimbursement of Expenses (provided)			24.87				24.87
Reimbursement of Expenses(recovered)/Content recovered					140.29		140.29
Bad Debts Written off during the period			11.36				11.36
Loan received back during the period			300.00				300.00
Car Lease				5.04			5.04
Outstanding balances at the end of period
Payables	2.70				74.05		76.75
Loan/Advances Payable			1,343.88				1,343.88
De Recognition of Loan Liability			(1,343.88)				(1,343.88)
Loan/Advances Receivable						87.54	87.54
Provision for doubtful debts and advances						87.54	87.54
Other Receivable	70.15	22.57	53.30	5.35			151.37
Payables to KMP & Relatives of KMP				69.07			69.07

for DiGiSPICE Technologies Limited

(formerly Spice Mobility Limited)

(Ravindra Kumar Sarawagi) CFO