HT Media Ltd — Interim / Quarterly Report 2021

Jul 8, 2021

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July 7 , 2021

BSE Limited

Phiroze Jeejeebhoy Towers, Dalal Street, MUMBAI - 400 001

The National Stock Exchange of India Limited

Exchange Plaza, C/1, Block G, Bandra Kurla Complex, Bandra (E) MUMBAI - 400 051

Scrip Code: 532662 Trading Symbol: HTMEDIA

Dear Sir(s)/Madam,

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

In terms of Regulation 23(9) of SEBI LODR, disclosure of Related Party Transactions on consolidated basis for the half year ended on March 31, 2021, in the format as specified in the applicable accounting standards, is enclosed herewith.

This is for your information and record.

Thanking you,

Yours faithfully,

For HT MEDIA LIMITED

Digitally signed by PIYUSH GUPTA DN: c=IN, o=Personal, PIYUSH 2.5.4.20=934a0cacb40b48396f5b138a7f3369b2efda28ed3733a66da1699604d4fa3 078, postalCode=110052, st=DELHI, serialNumber=c5d81f563719a2220b9c07 95c11b20191b9e7be000d18c37932beb9 GUPTA b4deccf01, cn=PIYUSH GUPTA Date: 2021.07.08 10:46:50 +05'30' (Piyush Gupta) Group Chief Financial Officer

Encl: As above

HT Media Limited - Disclosure of Related Party Transactions on Consolidated basis for the half year ended March 31, 2021 and Balances as at March 31, 2021

i) List of Related Parties and Relationships :-

Parties having direct or indirect control over the Company (HoldingCompany)	Earthstone Holding (Two) Private Limited * (Ultimate controlling party is the Promoter Group)
Holding Company	The Hindustan Times Limited
Joint venture (with whom transactions have occurred during the period)	HT Content Studio LLP
Fellow subsidiaries (with whom transactions have occurred during theperiod)	Digicontent Limited
	HT Digital Streams Limited
Key management personnel (with whom transactions have occurredduring the period)	Mrs. Shobhana Bhartia (Chairperson & Editorial Director)
	Mr.PraveenSomeshwar(ManagingDirector& CEO)
	Mr. ShamitBhartia (Non-ExecutiveDirector)
	Mr. Ajay Relan (Non-Executive Independent Director)
	Mr. Vivek Mehra (Non-Executive Independent Director)
	Mr. Vikram Singh Mehta (Non-Executive Independent Director)
	Ms. Rashmi Verma (Non-Executive Independent Director)
Relatives of Key Management Personnel (with whom transactions haveoccurred during the period)	Mrs.Tripti Someshwar (Relative of Mr. Praveen Someshwar)

*Earthstone Holding (Two) Private Limited (formerly known as Earthstone Holding (Two) Limited) is the holding Company of The Hindustan Times Limited.

Terms and conditions of transactions with related parties

The sales to and purchases from related parties are made on terms equivalent to those that prevail in arm's length transactions. Outstanding balances at the period-end are unsecured and interest free and settlement occurs in cash (other than Inter-corporate Deposit given and taken).

Digitally signed by PIYUSH GUPTA DN: c=IN, o=Personal, 2.5.4.20=934a0cacb40b48396f5b138a 7f3369b2efda28ed3733a66da169960 4d4fa3078, postalCode=110052, st=DELHI, serialNumber=c5d81f563719a2220b9 c0795c11b20191b9e7be000d18c3793 2beb9b4deccf01, cn=PIYUSH GUPTA Date: 2021.07.08 10:48:10 +05'30'

PIYUSH GUPTA

ii) Transactions for the half year ended March 31, 2021 and balances as at March 31, 2021 [Refer Note A]:

ii) Transactions for the half year ended March 31, 2021 and balances as at March 31, 2021 [Refer Note A]:	ii) Transactions for the half year ended March 31, 2021 and balances as at March 31, 2021 [Refer Note A]:	ii) Transactions for the half year ended March 31, 2021 and balances as at March 31, 2021 [Refer Note A]:	ii) Transactions for the half year ended March 31, 2021 and balances as at March 31, 2021 [Refer Note A]:	ii) Transactions for the half year ended March 31, 2021 and balances as at March 31, 2021 [Refer Note A]:	ii) Transactions for the half year ended March 31, 2021 and balances as at March 31, 2021 [Refer Note A]:	ii) Transactions for the half year ended March 31, 2021 and balances as at March 31, 2021 [Refer Note A]:
(INR Lakhs)
Particulars	Holding company	Fellow subsidiaries	Joint Venture	Key ManagementPersonnel (KMP)[Refer Note B]	Relatives of KeyManagement Personnel	Total
Revenue Transactions (Refer Note C):
Income from advertisement & digital services	-	142	-	-	-	142
Infrastructure support services(seats) given	-	742	-	-	-	742
Income from treasuryand management support services	-	113	-	-	-	113
Interest earned on inter corporate depositgiven	-	570	-	-	-	570
Interest received on finance lease arrangement	63	-	-	-	-	63
Advertisement expenses	-	329	-	-	-	329
Share of revenuegiven onjoint sales / revenue sharing	-	57	-	-	-	57
Contentprocurement fees	-	6,962	-	-	-	6,962
Rent and maintenance charges	1,271	-	-	-	-	1,271
Remunerationpaid to KeyManagement Personnel(KMP's)	-	-	-	588	-	588
Payment for car lease	-	-	-	-	10	10
Sale ofprint subscription	-	-	-	- #	-	-
Others (Refer Note C):
Reimbursement of expenses incurred on behalf of the companies inthe Groupby parties	154	17	-	-	-	171
Reimbursement of expenses incurred on behalf of the parties bycompanies in the Group	-	344	-	-	-	344
Non Executive Director's SittingFee	-	-	-	47	-	47
Investment in form of capital contribution	-	-	70	-	-	70
Balance Outstanding:
Investment in form of capital contribution	-	-	600	-	-	600
Trade & other receivables(includingadvancesgiven)	2,371	126	-	-	-	2,497
Tradepayables includingotherpayables	18	2,343	-	-	2	2,363
Inter- corporate deposit & interest accrued on it	-	10,973	-	-	-	10,973
Securitydepositgiven(undiscounted value)	3,435	-	-	-	-	3,435

#Nil on account of values being rounded to the nearest lakhs.

Note A - The transactions above does not include VAT, GST etc.

Note B - 'Key Management Personnel and Relatives of Promoters who are under the employment of the Company are entitled to post employment benefits and other long term employee benefits recognised as per Ind-AS 19 - ‘Employee Benefits’ in the financial statements. As these employee benefits are lump sum amounts provided on the basis of actuarial valuation, the same is not included above. Accordingly, the above mentioned payment is in the nature of short term employee benefits.

Note C - The figures for the half year ended March 31, 2021 are the balancing figures between the audited figures in respect of the financial year ended March 31, 2021 and figures for the half year ended September 30, 2020.

Note D - HT Media Limited has given corporate guarantee amounting to INR 2,960 lakhs to bank on behalf of Next Radio Limited (subsidiary company).

Digitally signed by PIYUSH GUPTA DN: c=IN, o=Personal, 2.5.4.20=934a0cacb40b48396f5b138a7f3369b2efda28ed3733a66da 1699604d4fa3078, postalCode=110052, st=DELHI, serialNumber=c5d81f563719a2220b9c0795c11b20191b9e7be000d 18c37932beb9b4deccf01, cn=PIYUSH GUPTA Date: 2021.07.08 10:49:26 +05'30'

PIYUSH GUPTA