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Dynamatic Technologies Ltd. Regulatory Filings 2019
60708_rns_2019-07-01_c34d5b60-554f-40ac-879d-845a100e3442.pdf
Regulatory Filings
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DYNAMATIC TECHNOLOGIES LIMITED
29th June, 2019
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- The Secretary Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers Dalal Street MUMBAI 400 001. Fax No. 022 - 2272 3121/3719/2037/2039/2041/2061
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- The Secretary National Stock Exchange of India Limited "Exchange Plaza" Bandra-Kurla Complex Bandra East MUMBAI 400 051. Fax No.022 - 26598237 138/26598346
- Sub: Disclosure of Related Party Transactions pursuant to Regulation 23 (9) of SEBI (LODR) Regulations, 2015
Ref: Scrip Code: 505242 I DYNAMATECH
Dear Sir 1 Madam,
Pursuant to Regulation 23 (9) of SEBI (LODR) Regulations, 2015, we herewith enclosed details of Related Part Transactions on a consolidated basis and balances for the half year ended 31st March 2019.
We kindly request you to take this intimation on record.
Thanking you,
Yours sincerely, Fd~~SLimited
Shivaram~ Head- Legal, Compliance and Company Secretary
Dynamatic Park Peenya Bangalore 560 058 India Tel +91 8028394933/34/35 Fax +91 8028395823 www.dynamatics.com
Corporate Identity Number: L72200KA 1973PLC00230B
Related party disclosures
(i) Name of related parties and description of relationship:
Name of the related party
JKM Holdings Private Limited Wavell Investments Private Limited
Description of relationship
Entities over which key executive management personnel or relatives of such personnel are able to exercise significant influence
(ii) List of subsidiaries (including step subsidiaries)
| Nameoftheentity | Subsidiary/Step | Countryofdomicile | Holdingasat | |
|---|---|---|---|---|
| Subsidiary | 31March2019 | |||
| JKMErlaAutomotiveLimited("JEAL") | Subsidiary | India | 99.99% | |
| JKMResearchFarmLimited("JRFL") | Subsidiary | India | 99.99% | |
| GlobalPteLimited("JGPL")r.t <m< td="">SubsidiarySingapore100%</m<> | Subsidiary | Singapore | 100% | |
| JKMFerrotechLimited("JFTL") | StepSubsidiary | India | 99.99% | |
| DynamaticLimited("DLDK") | StepSubsidiary | UnitedKingdom | 100% | |
| YewTreeInvestmentsLimited("YTIL") | StepSubsidiary | UnitedKingdom | 100% | |
| DynamaticUS,LLC("DUS") | StepSubsidiary | UnitedStatesofAmerica | 100% | |
| JKMErlaHoldingsGmbH("JEHG") | StepSubsidiary | Germany | 100% | |
| EisenwerkErlaGmbH("EEG") | StepSubsidiary | Germany | 100% | |
| JKMAutomotiveLimited("JAL") | StepSubsidiary | India | 100% |
(iii) Related party transactions during the year
| Particulars | Fortheyearended | |
|---|---|---|
| 31March2019 | ||
| Purchaseofrawmaterials | WavellInvestmentsPrivateLimited | 349.0 |
| Rent | JKMHoldingsPrivateLimited | 4.0 |
(iv) Balance receivable from and payable to related parties as at the balance sheet date:
| Particulars | Asat31March2019 | ||
|---|---|---|---|
| Intercorporatedeposit | takenForDYNAMA;1,ICTCHNOl~LTD. | WavellInvestmentsPrivateLimited | 170.0 |
| Tradepayables | t:N.CA.-'SHRAM.Head-Legal,Compliance&OfficerC.mpanySecretary | •.IIInvestmentsWavePrivateLimited''''<':J(I'''O!''(j;. | 65.0•••(.);~ |
| ,),r» .-";,•.•.• | :/:0>0/;/ |