IFCI Ltd. — Interim / Quarterly Report 2021

Dec 2, 2020

A. Nature of Relationship	Name of the Related Party
Associates *	IFCI Social Foundation
	Management Development Institute
	Institute of leadership development
	Associates held for sale
	- Athena Chattisgarh Power Pvt. Ltd.
	- Gati Infrastructure Bhasmey Power Pvt. Ltd.
	- KITCO Ltd,
	- Nagai Power Pvt. Ltd.
	- Shiga Energy Private Ltd.
	- Vadrai Cements Ltd.
	- Vadtal Energy (Gujarat) Ltd.
Joint venture	IFC1 Sycamore Capital Advisors Pvt. Ltd. (order voluntary liquidation)
Key Managerial Personnel	Dr, E S Rao - Managing Director and Chief Executive Officer (upto August 17, 2020)
	Mr. Sunil Kumar Bonsai - DMD (w,e1 June 04, 2020)
	Ms. Jhummi Mantri - Chief Financial Officer (w.e,f, 24 May 2018)
	Ms, Rupa Sarkar - Company Secretary
	Sliri. Anand Madhukar (w.e.f. 18 September 2019)
	Dr. Bhushan Kumar Sidle (w.e.f. 21 May 2018)
	Slid. MML Verma (w,e,f, 31 July 2020)
	Prof. N Balakrishnan (w.e.f. 30 October 2017)
	Prof. Arvind Sahay (w.e.f. 30 October 2017)

	Related party transactions during the year and	balance receivable from and payable to related parties as at the balance sheet date:-
	Name of related party	Nature of transaction	For the half-year ended
			30 Sep 2020
A.	Associates
	KITCO	(i) Dividend Received
	!Fel Social Foundation Trust	(0 Contribution for CSR activities	0.15
		(ii) Salaries/ Other Estt. Exp. recovered/
		recoverable for employees deputed by IFCI
B.	Compensation of key managerial personnel
	Short-term employee benefits		0.86
	Post-employment defined benefit
	Compensated absences
	Sitting fees		0.09