Glittek Granites Ltd. — Regulatory Filings 2021

Nov 20, 2021

20/11/2021

The officer, The Stock Exchange, Mumbai The Corporate Relation Department, 25th Floor, New Trading Ring, Rotunda Building, P. J. Towers, Dalal Street, Mumbai‐400 001 Fax022 22722037/39/41/61 Security Code: 513528

Dear Sir,

Sub: Disclosure under Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to the Regulation 23(9) of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the disclosure of Related Party Transactions on a consolidated basis, in the format specified in the relevant accounting standards for the half year ended on 30th September, 2021. You are requested to kindly take the above information on record.

The same disclosure is also upload on the website of the Company i.e.www.glittek.com.

Thanking You,

Yours faithfully, For Glittek Granites Limited

LATA BAGRI (Company Secretary)

GLITTEK GRANITES LTD.

33 Related party Transactions :

Name and nature of related parties : A. Particulars of Associate / Subsidiary Companies : Name of related Party Granite Mart Ltd. Virdhi Commercial Co. Limited Glittek Infrastructure Pvt. Ltd.

Nature of relationship Associate Company Associate Company Associate Company

B. Particulars of Key Management Personnel: Name Mr. Kamal Kumar Agarwal Mr. Ashoke Agarwal Mrs. Lata Bagri Mr. Ashok Kumar Modi

Nature of relationship Managing Director Joint Managing Director Company Secretary CFO

C. Particulars of Relatives of Key Managerial Personnel Name Nature of relationship Mrs. Alpana Agarwal Wife of Managing Director Mrs. Manjula Agarwal Wife of Joint Managing Director Mr. Rahul Agarwal Son of Managing Director Mr. Tushar Agarwal Son of Joint Managing Director

|D.|Details of transactions with Associate Company|Amount in |Amount in|
|---|---|---|---|
|||2020-21|2020-21|
|(i)|Granite Mart Ltd.|||
||Rent paid during the year|0|39,240|
||Expenses incurred by us reimbursed|0|9,774|
||Maximum Outstanding during the year|14,680|9,000|
|(ii)|Virdhi Commercial Co. Ltd.|||
||Office Maintenance (Received)|12,600|25,200|
||Maximum Outstanding during the year|63,000|50,400|
|(iii)|Glittek Infrastructure Pvt. Ltd.|||
||Loan Taken|0|7,00,000|
||Balance outstanding at year end|7,27,226|7,12,256|
|E.|Details of transactions relating to persons referred to in (B) above|||
|(I) Remuneration to Management Personnel:||||
||(a) Mr. Kamal Kumar Agarwal|7,00,000|44,19,267|
||(b) Mr. Ashoke Agarwal|14,00,000|47,79,311|
||(c) Mrs. Lata Bagri|4,05,000|7,11,157|
||(d) Mr. Ashok Kumar Modi|2,92,368|5,72,177|
|(II)|Particulars of Transaction with Key management Personnel :|||
||(a) Sri Kamal Kumar Agarwal|||
||Unsecured Loan Taken|3,26,982|0|
||Loan Repaid|0|0|
||Maximum Outstanding during the year|3,26,982|0|
|(III)|Particulars of Transaction with Key management Personnel :|||
||(a) Sri Ashoke Agarwal|||
||Unsecured Loan Taken|73,64,912|0|
||Loan Repaid|0|0|
||Maximum Outstanding during the year|74,25,772|0|
|F.|Details of transactions with persons referred to in (C) above|||
|(i) Rent paid:||||
||Mrs. Alpana Agarwal|4,67,696|12,75,528|
||Mrs. Manjula Agarwal|7,01,544|12,75,528|
|(ii)|Salary paid:|||
||Mr. Rahul Agarwal|5,00,000|28,67,928|
||Mr. Tushar Agarwal|10,00,000|28,67,928|