EIH Ltd — Regulatory Filings 2020

Jul 24, 2020

==> picture [175 x 56] intentionally omitted <==

CIN:L55101WB1949PLC017981

CORPORATE OFFICE: 7 SHAM NATH MARG, DELHI -110054, INDIA / TELEPHONE: +91-11-23890505/ WEBSITE: WWW.EIHLTD.COM

24[th] July 2020

The National Stock Exchange of India Limited Exchange Plaza, 5thFloor Plot No..C/1, G Block Bandra Kurla Complex Bandra(E) Mumbai – 400 051. Code: EIHOTEL	BSE Limited Corporate Relationship Dept. 1stFloor,New Trading Ring Rotunda Building Phiroze Jeejeebhoy Towers Dalal Street,Fort Mumbai-400001 Code:500840	The Calcutta Stock Exchange Limited 7,Lyons Range Kolkata-700001 Code:05

Sub: Disclosure of Related Party Transactions pursuant to Regulation 23(9) SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015

Dear Sir / Madam,

Pursuant to Regulation 23(9) SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, please find enclosed disclosure of related party transactions on a consolidated basis for half year ended 31[st] March 2020.

Kindly take the above on record and host on the website.

Thank you,

Yours faithfully

For EIH Limited

==> picture [102 x 38] intentionally omitted <==

Tejasvi Dixit Asst. Company Secretary

==> picture [192 x 32] intentionally omitted <==

EIH Limited

List of Related Parties

In accordance with the requirements of Indian Accounting Standard (Ind AS) - 24 ‘Related Party Disclosures’ the names of the related party where control exists/able to exercise significant influence along with the aggregate transactions and year-end balance with them in the ordinary course of business and on arms’ length basis are given below

Key Management Personnel of the company and close member of Key Management Personnel of the company

Mr. P.R.S. Oberoi Mr. S.S. Mukherji Mr. Vikram Oberoi Mr. Arjun Oberoi Ms. Nita M. Ambani Ms. Chhavi Rajawat Mr. Manoj Harjivandas Modi Mr. Rajeev Gupta Mr. Anil K. Nehru Mr. Sudipto Sarkar Mr. L. Ganesh Mr. Sanjay Gopal Bhatnagar Mr. Kallol Kundu Mr. S.N. Sridhar Ms. Natasha Oberoi (Daughter of Mr. P.R.S. Oberoi)

Enterprises in which Key Management Personnel and close member of Key Management Personnel have Joint Control or Significant influence with whom transactions have taken place during the half year

Oberoi Hotels Private Limited Oberoi Holdings Private Limited Oberoi Investments Private Limited Oberoi Buildings and Investments Private Limited Oberoi Plaza Private Limited Bombay Plaza Private Limited Oberoi International LLP

Enterprises which are post employment benefit plan for the benefit of employees EIH Employees' Gratuity Fund EIH Executive Superannuation Scheme

Associates & Joint Ventures

(a) Associates

EIH Associated Hotels Limited La Roseraie De L'atlas Usmart Education Limited

(b) Joint Ventures

Mercury Car Rentals Private Limited Oberoi Mauritius Ltd

(c) Subsidiary of Joint Venture

Island Resort Ltd

EIH Limited

Transactions with Related Parties for the half year ended 31st March, 2020

	Amounts in INR	Amounts in INR	Amounts in INR	Amounts in INR
NATURE OF TRANSACTIONS	Associates & Joint Ventures	Enterprises in which Key Management Personnel have Joint Control	Key Management Personnel/Relative of Key Management Personnel	Enterprises which are post employment benefit plan for the benefit of employees
PURCHASES Purchase of Goods & Services Mercury Car Rentals Private Limited EIH Associated Hotels Limited Island Resort Ltd Oberoi Hotels Pvt Ltd Oberoi International LLP Total EXPENSES Rent EIH Associated Hotels Limited Oberoi Hotels Pvt Ltd Ms. Natasha Oberoi, D/o Mr. P.R.S.Oberoi Total Royalty Oberoi Hotels Pvt Ltd Total Short-term employee benefits Mr. P.R.S. Oberoi Mr. S.S. Mukherji Mr. V.S.Oberoi Mr. A.S. Oberoi Mr. Kallol Kundu Mr. S N Sridhar Total Post-employment benefits Mr. V.S.Oberoi Mr. A.S. Oberoi Mr. Kallol Kundu Total Directors' sitting fees Mr. P.R.S. Oberoi Mr. V.S.Oberoi Mr. A.S. Oberoi Mrs. Nita M. Ambani Mr. Manoj Harjivandas Modi Mr. Rajeev Gupta Mr. Anil K. Nehru Mr. Sudipto Sarkar Mr. L. Ganesh Mr. Sanjay Gopal Bhatnagar Ms. Chhavi Rajawat Mr. S N Sridhar Total Total Key management personnel compensation SALES Sale of Goods and Services Mercury Car Rentals Private Limited EIH Associated Hotels Limited Island Resort Ltd La Roseraie De L'atlas Oberoi International LLP Oberoi Hotels Pvt Ltd Total Sale of Fixed Assets EIH Associated Hotels Limited Total	6,48,22,477 71,61,131 8,64,448 - -	- - - 18,359 24,50,721	- - - - -	- - - - -
	7,28,48,057	24,69,080	-	-
	6,39,000 - -	- 1,80,000 -	- - 1,80,000	- - -
	6,39,000	1,80,000	1,80,000	-
	-	9,11,83,697	-	-
	-	9,11,83,697	-	-
	- - - - - -	- - - - - -	2,82,53,830 2,49,87,785 2,66,67,078 2,35,82,756 57,88,783 36,30,580	- - - - - -
	-	-	11,29,10,813	-
	- - -	- - -	2,40,232 3,86,488 5,44,765	- - -
	-	-	11,71,485	-
	- - - - - - - - - - - -	- - - - - - - - - - - -	40,000 2,40,000 40,000 1,50,000 1,00,000 50,000 6,00,000 3,00,000 3,00,000 1,00,000 1,30,000 40,000	- - - - - - - - - - - -
	-	-	20,90,000	-
	-	-	11,61,72,298	-
	1,25,20,463 16,41,96,792 11,74,229 77,01,064 - -	- - - - 2,832 63,52,572	- - - - - -	- - - - - -
	18,55,92,548	63,55,404	-	-
	1,52,754	-	-	-
	1,52,754	-	-	-

NATURE OF TRANSACTIONS	Associates & Joint Ventures	Enterprises in which Key Management Personnel have Joint Control	Key Management Personnel/Relative of Key Management Personnel	Enterprises which are post employment benefit plan for the benefit of employees
INCOME License Agreement Mercury Car Rentals Private Limited EIH Associated Hotels Limited Oberoi Holdings Pvt Ltd Oberoi Investments Pvt Ltd Oberoi Bldgs & Investments Pvt Ltd Oberoi Plaza Pvt Ltd Bombay Plaza Pvt Ltd Total Management Contract EIH Associated Hotels Limited La Roseraie De L'atlas Island Resort Ltd Total PAYMENTS Investment in Equity Shares La Roseraie De L'atlas Total Refund of Collections to Related Party EIH Associated Hotels Limited Total Expenses reimbursed to Related Party EIH Associated Hotels Limited Mercury Car Rentals Private Limited Oberoi Hotels Pvt Ltd Total Advance to Related Party Oberoi Mauritius Ltd La Roseraie De L'atlas Total RECEIPTS Sale of Equity Shares EIH Associated Hotels Limited Total Recovery of Collections by Related Party EIH Associated Hotels Limited Oberoi Hotels Pvt Ltd Total Expenses Reimbursed by Related Party Mercury Car Rentals Private Limited EIH Associated Hotels Limited Oberoi Hotels Pvt Ltd La Roseraie De L'atlas Total Repayment of Advance to Related Party La Roseraie De L'atlas Total Refund of Gratuity EIH Employee's Gratuity Fund Total	6,60,809 5,98,670 - - - - -	- - 7,36,626 2,95,463 8,43,896 14,86,911 9,39,027	- - - - - - -	- - - - - - -
	12,59,479	43,01,925	-	-
	12,46,36,647 24,09,660 3,46,13,842	- - -	- - -	- - -
	16,16,60,149	-	-	-
	17,72,31,304	-	-	-
	17,72,31,304	-	-	-
	1,30,86,345	-	-	-
	1,30,86,345	-	-	-
	40,77,810 12,897 -	- - 94,565	- - -	- - -
	40,90,707	94,565	-	-
	1,31,75,605 10,19,56,819	- -	- -	- -
	11,51,32,424	-	-	-
	48,000	-	-	-
	48,000	-	-	-
	18,20,589 -	- 4,17,145	- -	- -
	18,20,589	4,17,145	-	-
	7,14,769 1,21,57,598 - 71,94,039	- - 10,32,989 -	- - - -	- - - -
	2,00,66,407	10,32,989	-	-
	17,72,31,304	-	-	-
	17,72,31,304	-	-	-
	-	-	-	6,71,96,255
	-	-	-	6,71,96,255

EIH Limited

Outstanding Balances as on 31st March, 2020

Outstanding Balances as on 31st March, 2020
	Amounts in INR
NATURE OF TRANSACTIONS PAYABLES For Goods & Services Mercury Car Rentals Private Limited EIH Associated Hotels Limited Island Resort Ltd Oberoi Hotels Private Limited Oberoi International LLP Mr. V.S.Oberoi Mrs. Nita M. Ambani Mr. Manoj Harjivandas Modi Mr. Anil K. Nehru Mr. Sudipto Sarkar Mr. L. Ganesh Mr. Sanjay Gopal Bhatnagar Total Royalty Oberoi Hotels Private Limited Total Security Deposit Bombay Plaza Private Limited Total Other Payable EIH Associated Hotels Limited Total LOANS & ADVANCES AND RECEIVABLES For Goods & Services Mercury Car Rentals Private Limited EIH Associated Hotels Limited Island Resort Ltd La Roseraie De L'atlas Oberoi Hotels Pvt Ltd Bombay Plaza Pvt Ltd Total Management Contract EIH Associated Hotels Limited Total Advance to Related Party La Roseraie De L'atlas Oberoi Mauritius Ltd Total	Associates & Joint Ventures	Enterprises in which Key Management Personnel have Joint Control	Key Management Personnel/Relative of Key Management Personnel - - - - - 39,500 45,000 45,000 1,35,000 90,000 1,35,000 68,800
	1,80,65,657 1,84,09,886 1,59,157 - - - - - - - - -	- - - 67,477 8,56,873 - - - - - - -
	3,66,34,700	9,24,350	5,58,300
	-	3,68,72,531	-
	-	3,68,72,531	-
	-	5,00,000	-
	-	5,00,000	-
	50,52,865	-	-
	50,52,865	-	-
	31,20,152 7,28,41,476 8,11,168 2,61,78,835 - -	- - - - 32,96,042 1,00,536	- - - - - -
	10,29,51,631	33,96,578	-
	9,31,67,024	-	-
	9,31,67,024	-	-
	54,23,565 49,87,92,887	- -	- -
	50,42,16,452	-	-