Excell Industries Ltd. — Interim / Quarterly Report 2021

Jun 25, 2021

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25[th] June, 2021

BSE Ltd. National Stock Exchange of India Ltd. Pheeroze Jeejeebhoy Towers Exchange Plaza Dalal Street, Fort BandraKurla Complex Mumbai 400001 Bandra (E), Mumbai 400 051.

National Stock Exchange of India Ltd.

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

In terms of regulation 23 ( 9 ) of SEBI (Listing Obligations and D isclosure Requirements) Regulations, 201 5 , please find attached disclosure of Rela t ed Party Transactions on a consolidate d basis in the format specified in the relevant accounting standard for the half y ear ended 31[st] March, 2021.

Please take the same on record.

For Excel Industries Limited

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

S.K. Singhvi Company Secretary

Encl – as above

Chemicals Business / Environment & Biotech Division Polymer Inputs / Pharmaceuticals Intermediaries/Veter i

Excel Industries Limited E: e xcelmumbai@excelind.com nary API’s 184-87, S. V. Road, Jogeshwari (West), T: 9 1-22-66464200 Mumbai-400102, Maharashtra, India. F: + 91-22-2678 3657 CIN: L24200MH1960PLC011807 W: http://www.excelind.co.in

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:

1. Name of related parties and nature of relationship: (a) Parent entity The Groupis controlled bythe followingentity:
Name	Type	Place of incorporation	Ownership interest as at March 31, 2021
Anshul Specialty Molecules Private Limited	Immediate and Ultimate Parent Company	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

Digitally signed by SURENDRA KUMAR SURENDR SINGHVI DN: c=IN, o=Personal, cn=SURENDRA KUMAR SINGHVI, serialNumber=5e70cc04c4ed00df99c82 A KUMAR df47d7291993b46a62124d4b36a2cb3ca6d5a962295, postalCode=411030, 2.5.4.20=c7ba014f2f2b7307c1997f9ef17 6a29267350493ff4f3a80c72ebba828326 bf9, st=Maharashtra SINGHVI Date: 2021.06.25 12:40:44 +05'30'

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

2. Related Party Transaction	2. Related Party Transaction	2. Related Party Transaction	2. Related Party Transaction	2. Related Party Transaction	2. Related Party Transaction	2. Related Party Transaction	2. Related Party Transaction	2. Related Party Transaction	2. Related Party Transaction	2. Related Party Transaction	2. Related Party Transaction	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 of traded goods	Purchase of Services	Sales commission	Contribution to Fund	Salary, Bonus & contribution to PF & Commission*	Directors Sitting fees	CSR / Donation Expenditure	Amount receivable from related parties	Amount payable to related parties
Parent entity Anshul Specialty Molecules Private Limited	18.77	27.98	-	-	1.86	-	-	-	-	-	36.97	0.95
Subsidiaries Excel Bio Resources Limited jy	4.24	0.07	-	-	-	-	-	-	-	-	4.79	-
Enterprises owned or significantly influenced by key management personnel or their relatives Agrocel Industries Private Limited Transpek Industry (Europe) Limited Divakar Techno Specialities & Chemicals Private Limited C C Shroff Research Institute Mobitrash Recycle Ventures Private Limited TML Industries Limited Shree Vivekanand Research and Training Institute Shroff Family Charitable Trust Shrujan Creations Development & Eco-Friendly Enterprises Indian Centre For Climate And Societal Impact Research Other related parties with whom there are transactions during the year: Excel Industries Limited, Employees Group Gratuity Fund Key management personnel or their relatives Mr. Ashwin.C. Shroff Mr. Ravi A. Shroff Mr. Hrishit A. Shroff Mr. R. N. Bhogale Mr. H. N. Motiwala Mr. P. S. Jhaveri Mr. M. B. Parekh Mr. S. S. Vaidya Mr. R. M. Pandia Mr. Dipesh K. Shroff Mr. Atul G. Shroff Dr. Meena Galliara Mr. P. K. Molri	2.38 - - - - - - - - - - - 0.03 - - - - - - - - - - - -	- - - 0.07 0.19 - - 1.86 - - - - - - - - - - - - - - - - -	- - - - - 6.13 - - - - - - - - - - - - - - - - - - -	- - - - 1.85 - - - 0.08 - - - - - - - - - - - - - - - -	- 12.35 - - - - - - - - 1.20 - - - - - - - - - - - - - -	- - 14.14 - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - 304.17 - - - - - - - - - - - - -	- - - - - - - - - - - - 188.97 222.85 88.44 8.00 8.00 8.00 6.00 6.00 8.00 6.00 6.00 6.00 6.00	- - - - - - - - - - - - - - - 1.70 2.20 1.00 0.90 0.80 1.70 0.80 0.60 1.00 0.60	- - - - - - 176.50 - - 5.00 30.00 - - - - - - - - - - - - - -	0.50 - - 0.22 - 1.21 - 1.04 - - - - - - - - - - - - - - - - -	- 8.24 30.51 - 1.96 - - - - - - - 103.27 154.90 51.63 8.00 8.00 8.00 6.00 6.00 8.00 6.00 6.00 6.00 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: Particulars Purpose of Loan Loans to - TML Industries Limited Balance as at year end Maximum amount outstanding at any time during the year Disclosure for loans and advances in terms of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations 2015. As at March 31, 2021 Business Purpose 100.00 100.00	(b) Loans and advances in the nature of loans to related parties: Particulars Purpose of Loan Loans to - TML Industries Limited Balance as at year end Maximum amount outstanding at any time during the year Disclosure for loans and advances in terms of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations 2015. As at March 31, 2021 Business Purpose 100.00 100.00	(b) Loans and advances in the nature of loans to related parties: Particulars Purpose of Loan Loans to - TML Industries Limited Balance as at year end Maximum amount outstanding at any time during the year Disclosure for loans and advances in terms of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations 2015. As at March 31, 2021 Business Purpose 100.00 100.00
Particulars	Purpose of Loan	As at March 31, 2021
Loans to - TML Industries Limited Balance as at year end Maximum amount outstanding at any time during the year	Business Purpose	100.00 100.00

SURENDRA KUMAR SINGHVI

Digitally signed by SURENDRA KUMAR SINGHVI DN: c=IN, o=Personal, cn=SURENDRA KUMAR SINGHVI, serialNumber=5e70cc04c4ed00df99c82df47d729 1993b46a62124d4b36a2cb3ca6d5a962295, postalCode=411030, 2.5.4.20=c7ba014f2f2b7307c1997f9ef176a292673 50493ff4f3a80c72ebba828326bf9, st=Maharashtra Date: 2021.06.25 12:42:50 +05'30'