G R Infraprojects Limited — Interim / Quarterly Report 2021

Dec 4, 2021

G R INFRAPROJECTS LIMITED

{Formerly known as G.R. Agarwal Builders and Developers Limited) CIN : U45201GJ1995PLC098652

4th December 2021

To BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai - 400001 Scrip Code: 543317

National Stock Exchange of India Limited Exchange Plaza, Plot No. C-1 G Block, Bandra-Kurla Complex, Bandra(E) Mumbai -400051 Symbol: GRINFRA

Subject: Disclosure of Related Party Transactions for half year ended 30th September 2021 under Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 ("Listing Regulations").

Dear Sir,

Pursuant to Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby enclose disclosure of Related Party Transactions on a consolidated basis, in the format specified in the accounting standards for the half year ended 30th September 2021.

Request you to kindly take the same on your record.

Thanking You,

Yours sincerely,

For G R lnfraprojects Limited

Sudhir Mutha Company Secretary ICSI Membership No. ACS18857

Enclosed: As above.

CORPORATE OFFICE :

2nd Floor, Novus Tower Plot No. 18, Sector-18 Gurugram, Haryana-122015, India Ph.: + 91-124-6435000

HEAD OFFICE :

GR House, Hiran Magri, Sector-11 Udaipur, Rajasthan-313002, India Ph.: +91-294-2487370, 2483033

REGISTERED OFFICE :

Revenue Block No. 223 Old Survey No. 384/1, 384/2, Paiki and 384/3, Khata No. 464, Kochariya Ahmadabad, Gujarat.-382220, India

Consolidated Half Yearly disclosure of Related Party Transactions for the period ended 30 September 2021

Related party disclosure

A. Related parties with whom the company had transactions during the period

(a)	Key Management Personnel ("KMP"):

Mr. Devki Nandan Agarwal

(b)	Relatives of KMPs
	Mr. Desh Raj Dogra	Non‐executive Independent Director (appointed w.e.f. 12 May 2021)
	Mr. Rajendra Kumar Jain	Non‐executive Independent Director (appointed w.e.f. 1 April 2021)
	Mr. Ramesh Chandra Jain	Wholetime Director(appointed w.e.f. 1 April 2021)
	Mr. Vikas Agarwal	Wholetime Director(appointed w.e.f. 1 April 2021)
	Mr. Mahendra Kumar Doogar	Independent Director (ceased w.e.f. 4 May 2021)
	Mr. Vishal Tulsyan	Nominee Director (resigned w.e.f. 3 March 2021)
	Mrs. Kalpana Gupta	Non‐executive Independent Director
	Mr. Chander Khamesra	Non‐executive Independent Director
	Mr. Sudhir Mutha	Company Secretary
	Mr. Anand Rathi	Chief Financial Officer
	Mr. Ajendra Kumar Agarwal	Managing Director
	Mr. Vinod Kumar Agarwal	Chairman & Wholetime Director

Mr. Mahendra Kumar Agarwal Brother of Mr. Ajendra Kumar Agarwal & Mr. Vinod Kumar Agarwal Mr. Purshottam Agarwal Brother of Mr. Ajendra Kumar Agarwal & Mr. Vinod Kumar Agarwal Mr. Pankaj Agarwal Brother of Mr. Vikas Agarwal Mrs. Lalita Agarwal Spouse of Mr. Ajendra Kumar Agarwal Mrs. Suman Agarwal Spouse of Mr. Vinod Kumar Agarwal Mr. Archit Agarwal Son of Mr. Ajendra Kumar Agarwal Mr. Ashwin Agarwal Son of Mr. Vinod Kumar Agarwal Mrs. Rupal Agarwal Spouse of Mr. Vikas Agarwal Mr. Kunal Bhansali Son in law of Mr. Ramesh Chandra Jain Mrs. Nitika Agarwal Daughter in law of Mr. Ajendra Kumar Agarwal Ms. Vrinda Agarwal Daughter of Mr. Ajendra Kumar Agarwal Brother of Mr. Ajendra Kumar Agarwal & Mr. Vinod Kumar Agarwal and Father of Mr. Vikas Agarwal

(c) Enterprises over which KMP and Relatives of such personnel exercise significant influence

Grace Buildhome Private Limited Rahul Infrastructure Private Limited Udaipur Buildestate Private Limited Gumaniram Agarwal Contractors Private Limited Jasamrit Premises Private Limited Jasamrit Creations Private Limited G R Infra Social Welfare Trust G R Infraprojects Employees Welfare Trust

(d) Enterprise having significant influence over company Lokesh Builders Private Limited

Consolidated Half Yearly disclosure of Related Party Transactions for the period ended 30 September 2021

Related party disclosure (continued)

B. Transactions with key management personnel, relatives of KMP and their closing balances:

Transaction value 30 Sep 2021	30 Sep 2020
1.44	‐
2.88	1.00
1.80	1.50
4.20	‐
750.00	240.00
750.00	240.00
	‐
	‐
	44.59
	8.69
	240.00
	240.00
	60.00
	‐
	30.00
	12.00
	12.00
	12.00
	‐
	1.10
	1.00
	0.35 ‐
1.00	‐
	(22,237.51)
	188,094.94
	(291,468.44)
	180.00 55.35 58.57 13.47 240.00 240.00 60.00 180.00 30.00 12.00 12.00 12.00 8.32 0.50 2.10 1.55 1.20 (42,555.14) (38,305.14) (4,250.50)

Consolidated Half Yearly disclosure of Related Party Transactions for the period ended 30 September 2021

Related party disclosure (continued)

B. Transactions with key management personnel, relatives of KMP and their closing balances (continued) :

		(Currency: Indian Rupees in lakhs)
Nature of transaction		Balance outstanding
	30 Sep 2021	30 Sep 2020
Balance outstanding (Payable)
Key Management Personnel
Mr. Vinod Kumar Agarwal	3,012.24	1,944.48
Mr. Ajendra Kumar Agarwal	3,078.86	1,756.21
Mr. Chander Khamesra	‐	0.09
Mr. Vikas Agarwal	277.68	‐
Mr. Ramesh Chandra Jain	10.35	‐
Mr. Anand Rathi	10.95	7.92
Mr. Sudhir Mutha	2.51	1.51
Relatives of Key Management Personnel
Mr. Devki Nandan Agarwal	693.50	413.61
Mr. Mahendra kumar Agarwal	361.89	368.53
Mr. Purshottam Agarwal	20.66	60.46
Mrs. Lalita Agarwal	12.04	6.77
Mrs. Suman Agarwal	8.51	5.22
Mr. Pankaj Agarwal	390.38	‐
Mr. Archit Agarwal	26.54	23.16
Mr. Ashwin Agarwal	22.94	10.95
Mrs. Nitika Agarwal	30.12	13.95
Ms. Vrinda Agarwal	24.13	10.45
Mr. Kunal Bhansali	1.43	‐
Mrs. Rupal Agarwal	17.69	‐
Outstanding personal guarantees given on behalf of Company at the year end
Key Management Personnel
Mr. Vinod Kumar Agarwal	274,898.48	299,695.43
Mr. Ajendra Kumar Agarwal	257,773.48	269,695.43
Relatives of Key Management Personnel
Mr. Purshottam Agarwal #	17,589.50	30,464.50
Mr. Mahendra Kumar Agarwal #	464.50	464.50

The amount of Guarantee is limited to the value of properties mortgaged with lenders.

Consolidated Half Yearly disclosure of Related Party Transactions for the period ended 30 September 2021

Related party disclosure (continued)

C. Related party transactions with Enterprises over which KMPs and relatives of KMPs exercise significant influence and their closing balances.

		(Currency: Indian Rupees in lakhs)
Particulars	Transaction value
	30 Sep 2021	30 Sep 2020
Rent paid
(i) Rahul Infrastructure Private Limited	3.60	3.60
Amount Contributed
G R Infra Social Welfare Trust	124.98	445.81

Particulars	Balance Outstanding
	30 Sep 2021	30 Sep 2020
Outstanding payables
Rahul Infrastructure Private Limited	‐	22.46
Outstanding guarantees given on behalf of Company #
Grace Buildhome Private Limited	2,011.00	2,011.00
Rahul Infrastructure Private Limited	2,191.00	2,191.00
Udaipur Buildestate Private Limited	‐	‐
Gumaniram Agarwal Contractors Private Limited	465.00	465.00
Jasamrit Premises Private Limited	1,847.00	1,847.00

The amount of Guarantee is limited to the value of their respective properties mortgaged with lenders.

D. Related party transactions with Enterprise having significant influence over company and their closing balances.

Particulars	Transaction value
	30 Sep 2021	30 Sep 2020
Rent paid
Lokesh Builders Private Limited	0.72	0.24
Particulars		Balance Outstanding
	30 Sep 2021	30 Sep 2020
Outstanding payables
Lokesh Builders Private Limited	1.08	41.97
Outstanding guarantees given on behalf of Company #

Lokesh Builders Private Limited 1,588.00 1,588.00

The amount of Guarantee is limited to the value of properties mortgaged with lenders.