Foseco India Ltd — Interim / Quarterly Report 2021

Feb 23, 2021

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February 23, 2021

BSE Limited National Stock Exchange of India Limited Listing Department, Listing Department, Phiroze Jeejeebhoy Towers, Exchange Plaza, 5[th] Floor, Dalal Street, Plot No. C/1, G Block, Mumbai 400 001 Bandra Kurla Complex, Bandra (East), Mumbai-400 051

Scrip Code: 500150 Scrip Code: FOSECOIND

Dear Sirs,

Sub: Disclosure of Related Party Transactions for the half-year ended 31[st] December 2020

Pursuant to Regulation 23 (9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, please find enclosed herewith the disclosures of Related Party Transactions for the half-year ended 31[st] December 2020.

Please note that the Company follows the calendar year i.e., January to December, as the financial year for drawing up the book of accounts.

You are requested to take the above information on record.

Yours faithfully, Thanking you,

Yours faithfully, For FOSECO INDIA LIMITED

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Mahendra Kumar Dutia Controller of Accounts and Company Secretary

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Foseco India Limited

Registered Office: Gat Nos. 922 & 923, Sanaswadi, Taluka Shirur, District Pune – 412208 Tele: +91 2137 668100, Fax: +91 2137 668160 Website: www.fosecoindia.com, E-mail ID: investor.grievance@vesuvius.com Corporate Identity Number: L24294PN1958PLC011052

Foseco India Limited

Disclosure of Related Party Transactions for the half-year ended 31st December, 2020

As per Ind-AS 24 on the related party disclosures specified under Section 133 of the Companies Act, 2013

Name of the related parties and nature of relationship

(i) Name of Related Parties having control over the Company :

1 Vesuvius Plc., United Kingdom Ultimate Holding Company 2 Foseco (U.K.) Limited., United Kingdom Parent of Immediate Holding Company 3 Foseco Overseas Limited, United Kingdom Holding Company

(ii) Other Related Parties with whom transactions have taken place during the half-year ended 31st December 2020

1 Foseco (Thailand) Limited

2 Foseco International Limited, United Kingdom 3 Foseco Industrial e-Commercial Ltds., Brazil 4 Foseco Golden Gate Co., Limited, Taiwan 5 Foseco Japan Limited 6 Foseco Korea Limited 7 Foseco Nederland BV. 8 PT Foseco Trading Indonesia 9 PT Foseco Indonesia 10 Vesuvius Australia Pty Ltd. 11 Vesuvius Emirates (FZE), Dubai 12 Vesuvius Foundry Technologies (Jiangsu) Company Limited, China 13 Vesuvius GmbH, Germany 14 Vesuvius Group SA, Belgium 15 Vesuvius India Limited 16 Vesuvius Malaysia Sdn. Bhd. 17 Vesuvius UK Limited, United Kingdom 18 Vesuvius Management Services Limited, United Kingdom 19 Vesuvius Inc., USA 20 Vesuvius Istanbul Refrakter San. Ve. Tic.a.s. 21 Vesuvius Holdings Limited, United Kingdom 22 Vesuvius Vietnam Co. Limited

(II) Key Management Personnel:

1 Mr. Ravi Kirpalani Non-Executive - Independent Director & Chairperson 2 Mr. Ajit Shah Non-Executive - Independent Director 3 Mr. Guy Young Non-Executive - Non-Independent Director 4 Ms. Anita Belani Non-Executive - Independent Director 5 Ms. Karena Cancilleri Non-Executive - Non-Independent Director 6 Mr. Sanjay Mathur Managing Director 7 Mr. R Umesh Chief Financial Officer* 8 Mr. Mahendra Kumar Dutia Controller of Accounts and Company Secretary*

• *(As per section 2 (51) of Companies Act, 2013)

For Foseco India Limited

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Mahendra Kumar Dutia Controller of Accounts and Company Secretary

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Foseco India Limited

Registered Office: Gat Nos. 922 & 923, Sanaswadi, Taluka Shirur, District Pune – 412208 Tele: +91 2137 668100, Fax: +91 2137 668160

Website: www.fosecoindia.com, E-mail ID: investor.grievance@vesuvius.com Corporate Identity Number: L24294PN1958PLC011052

FOSECO INDIA LIMITED

Related party transactions for the half year ended 31st December, 2020

As per Ind-AS 24 on the related party disclosures specified under Section 133 of the Companies Act, 2013

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----- Start of picture text ----- All amounts in INR Lakh, unless otherwise statedNature of Transaction Nature of RelationshipFellow Other Related Key Relatives of Key TotalSubsidiaries Parties Management ManagementPersonnel PersonnelSales - Finished Goods 1,222.75 - - 1,222.75Purchases of Goods 427.36 - - 427.36Royalty 653.99 - - 653.99Consultancy Service Fees 555.88 - - 555.88Dividend - 1st Interim Dividend for the year ended 31st December 2020 239.44 239.44Services Received 154.42 - - 154.42Services Rendered 18.86 - - 18.86Salaries and Perquisites - 430.93 430.93Sitting Fees & Commission Paid to Non-executive Independent Directors 34.49 34.49-Total 3,033.26 239.44 465.42 - 3,738.12Balances due from / to Related Parties as on 31st December, 2020As per Ind-AS 24 on the related party disclosures specified under Section 133 of the Companies Act, 2013Nature of Transaction Nature of RelationshipFellow Other Related Key Relatives of Key TotalSubsidiaries Parties Management ManagementPersonnel PersonnelTrade Receivables 123.91 - - 123.91-Trade Payables 686.47 686.47-Total 810.38 - - - 810.38----- End of picture text -----

For Foseco India Limited

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Mahendra Kumar Dutia Controller of Accounts and Company Secretary

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