Excell Industries Ltd. — Interim / Quarterly Report 2021

Jun 25, 2021

25th June, 2021

BSE Ltd. Pheeroze Jeejeebhoy Towers Dalal Street, Fort Mumbai 400001

National Stock Exchange of India Ltd. Jeejeebhoy Towers Exchange Plaza BandraKurla Complex Bandra (E), Mumbai 400 051. National

Ref:- Scrip Code : BSE – 500650, NSE - EXCELINDUS

Dear Sir / Madam,

Sub: - Compliance pursuant to Regulation 23 (9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (9) Obligations

In terms of regulation 23 (9) of SEBI ( Requirements) Regulations, 2015, please find attached disclosure of Related Party Transactions on a consolidated basis in the format specified in the relevant accounting standard for the half year ended (Listing Obligations and Disclosure Regulations, Party basis relevant the half 31st March, 2021. Requirements) Regulations, find Transactions a

Please take the same on record.

For Excel Industries Limited

SURENDR A KUMAR SINGHVI Digitally signed by SURENDRA KUMAR SINGHVI DN: c=IN, o=Personal, cn=SURENDRA KUMAR SINGHVI, serialNumber=5e70cc04c4ed00df99c82df 47d7291993b46a62124d4b36a2cb3ca6d5 a962295, postalCode=411030, 2.5.4.20=c7ba014f2f2b7307c1997f9ef176a 29267350493ff4f3a80c72ebba828326bf9, st=Maharashtra Date: 2021.06.25 12:39:18 +05'30'

S.K. Singhvi Company Secretary

Encl – as above

Chemicals Business / Environment & Biotech Division Excel Industries Limited Polymer Inputs / Pharmaceuticals Intermediaries/Veterinary API's 184 Chemicals Business Industries Limited E: excelmumbai@excelind.com Polymer Inputs / Pharmaceuticals Intermediaries/Veterinary API's 184-87, S. V. Road, Jogeshwari (West), T: 91

Mumbai-400102, Maharashtra, India. F: +91 CIN: L24200MH1960PLC011807 W: http://www.excelind.co.in

T: 91-22-66464200 +91-22-2678 3657

CONSOLIDATED RELATED PARTY TRANSACTIONS DISCLOSURE FOR THE HALF YEAR ENDED MARCH 31, 2021.

1. Name of related parties and nature of relationship:

(a) Parent entity

The Group is controlled by the following entity:

Name	Type	Place ofincorporation	Ownership interest as atMarch 31, 2021
Anshul Specialty Molecules Private Limited	Immediate andUltimate ParentCompany	India	42.63%

(b) Subsidiaries

Excel Bio Resources Limited Kamaljyot Investments Limited

(c) Key Management Personnel (KMP)

- Executive Directors

Mr. Ashwin C. Shroff (Executive Chairman) Mr. Ravi Ashwin Shroff (Managing Director) Mr. Hrishit A. Shroff (Executive Director)

- Non - Executive Directors (Independent Directors)

Mr. R. N. Bhogale (Independent Director) Mr. H. N. Motiwala (Independent Director) Mr. P. S. Jhaveri (Independent Director) Mr. M. B. Parekh (Independent Director) Mr. S. S. Vaidya (Independent Director) Mr. R. M. Pandia (Independent Director) Mr. Dipesh K. Shroff (Non - Executive Director) Mr. Atul G. Shroff (Non - Executive Director) Mrs. Dr. Meena A. Galliara (Independent Director) Mr. P. K. Molri (Nominee Director - LIC)

Relatives of KMP with whom transactions have taken place: Mrs. Anshul A. Bhatia (Daughter of Mr. Ashwin C Shroff and Mrs. Usha A Shroff)

(d) Enterprise over which KMP or their relative have significant influence and transactions have taken place:

Agrocel Industries Private Limited Divakar Techno Specialities & Chemicals Private Limited Development & Eco-Friendly Enterprises Mobitrash Recycle Ventures Private Limited * Shree Vivekanand Research and Training Institute C C Shroff Research Institute Transpek Industry (Europe) Limited TML Industries Limited Indian Centre For Climate And Societal Impact Research Shrujan Creations Shroff Family Charitable Trust

* also an associate company

(e) Other related parties with whom there are transactions during the year:

Excel Industries Limited, Employees Group Gratuity Fund

Excel Industries Limited

CONSOLIDATED RELATED PARTY TRANSACTIONS DISCLOSURE FOR THE HALF YEAR ENDED MARCH 31, 2021. (All amounts in INR lakhs, unless otherwise stated)

2. Related Party Transaction

(a) - Transactions carried out with related parties referred in 1 above, in ordinary course of business for the period (Oct 20 to Mar 21):

Particulars	Sale of goods		Sale of services Interest Received	Purchase oftraded goods	Purchase ofServices	Salescommission	Contribution toFund	Salary, Bonus &contribution toPF &Commission*	DirectorsSitting fees	CSR / DonationExpenditure	Amountreceivable fromrelated parties	Amountpayable torelated parties
Parent entity
Anshul Specialty Molecules Private Limited	18.77	27.98	-	-	1.86	-	-	-	-	-	36.97	0.95
Subsidiaries
Excel Bio Resources LimitedKamaljyot Investments Limited	4.24	0.07	-	-	-	-	-	-	-	-	4.79	-
Enterprises owned or significantly influenced by key	-	-	-	-	-	-	-	-	-	-	-	-
management personnel or their relatives
Agrocel Industries Private Limited	2.38	-	-	-	-	-	-	-	-	-	0.50	-
Transpek Industry (Europe) Limited	-	-	-	-	12.35	-	-	-	-	-	-	8.24
Divakar Techno Specialities & Chemicals Private Limited	-	-	-	-	-	14.14	-	-	-	-	-	30.51
C C Shroff Research Institute	-	0.07	-	-	-	-	-	-	-	-	0.22	-
Mobitrash Recycle Ventures Private Limited	-	0.19	-	1.85	-	-	-	-	-	-	-	1.96
TML Industries Limited	-	-	6.13	-	-	-	-	-	-	-	1.21	-
Shree Vivekanand Research and Training Institute	-	-	-	-	-	-	-	-	-	176.50	-	-
Shroff Family Charitable Trust	-	1.86	-	-	-	-	-	-	-	-	1.04	-
Shrujan Creations	-	-	-	0.08	-	-	-	-	-	-	-	-
Development & Eco-Friendly Enterprises	-	-	-	-	-	-	-	-	-	5.00	-	-
Indian Centre For Climate And Societal Impact Research	-	-	-	-	1.20	-	-	-	-	30.00	-	-
Other related parties with whom there are transactionsduring the year:
Excel Industries Limited, Employees Group Gratuity Fund	-	-	-	-	-	-	304.17	-	-	-	-	-
Key management personnel or their relatives
Mr. Ashwin.C. Shroff	0.03	-	-	-	-	-	-	188.97	-	-	-	103.27
Mr. Ravi A. Shroff	-	-	-	-	-	-	-	222.85	-	-	-	154.90
Mr. Hrishit A. Shroff	-	-	-	-	-	-	-	88.44	-	-	-	51.63
Mr. R. N. Bhogale	-	-	-	-	-	-	-	8.00	1.70	-	-	8.00
Mr. H. N. Motiwala	-	-	-	-	-	-	-	8.00	2.20	-	-	8.00
Mr. P. S. Jhaveri	-	-	-	-	-	-	-	8.00	1.00	-	-	8.00
Mr. M. B. Parekh	-	-	-	-	-	-	-	6.00	0.90	-	-	6.00
Mr. S. S. Vaidya	-	-	-	-	-	-	-	6.00	0.80	-	-	6.00
Mr. R. M. Pandia	-	-	-	-	-	-	-	8.00	1.70	-	-	8.00
Mr. Dipesh K. Shroff	-	-	-	-	-	-	-	6.00	0.80	-	-	6.00
Mr. Atul G. Shroff	-	-	-	-	-	-	-	6.00	0.60	-	-	6.00
Dr. Meena Galliara	-	-	-	-	-	-	-	6.00	1.00	-	-	6.00
Mr. P. K. Molri	-	-	-	-	-	-	-	6.00	0.60	-	-	6.00
	25.42	30.17	6.13	1.93	15.41	14.14	304.17	568.26	11.30	211.50	44.73	419.46

(b) Loans and advances in the nature of loans to related parties:

Disclosure for loans and advances in terms of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations 2015.

Particulars	Purpose of Loan	As at March 31,2021
Loans to - TML Industries LimitedBalance as at year endMaximum amount outstanding at any time during the year	BusinessPurpose	100.00100.00

Digitally signed by SURENDRA KUMAR SINGHVI DN: c=IN, o=Personal, cn=SURENDRA KUMAR

serialNumber=5e70cc04c4ed00df99c82df47d729 1993b46a62124d4b36a2cb3ca6d5a962295, postalCode=411030, 2.5.4.20=c7ba014f2f2b7307c1997f9ef176a292673 50493ff4f3a80c72ebba828326bf9, st=Maharashtra Date: 2021.06.25 12:42:50 +05'30'

SINGHVI,