Indag Rubber Ltd. — Interim / Quarterly Report 2021

Jun 7, 2021

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June 07, 2021

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001

(Company code-1321) (Scrip code-509162)

Sub: Disclosure of Related Party Transactions for the half year ended March 31, 2021

Dear Sir,

Pursuant to Regulation 23 (9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith disclosure of Related Party Transactions for the half year ended March 31, 2021.

This is for your information and records.

Thanking you.

Yours faithfully, For Indag Rubber Limited

Manali D. Bijlani Company Secretary

Indag Rubber Limited

Disclosure of Related Party Transactions on Consolidated basis for the half year ended 31st March 2021

Related party disclosures

Name and relationships of related-parties:

• a. Joint Venture Company

• i. Sun Mobility EV Infra Private Limited (Formerly known as Alberieth EV Services Private Limited)

• b. Key management personnel

• i. Mr. Nand Khemka (Chairman cum Managing Director)

• ii. Mr. Shiv Vikram Khemka (Non Executive Director)

• iii. Mr. Uday Harsh Khemka (Non Executive Director)

• iv. Mr. K.K. Kapur (CEO and Whole Time Director)

• v. Mr. J.K Jain (CFO) upto September 24, 2020

• vi. Mr Anil Bhardwaj [GM (Accounts) & CFO] w.e.f February 17, 2021

• vii. Mrs. Manali D. Bijlani (CS)

• viii. Ms. Bindu Saxena (Independent Director)

• ix. Mr. R Parameswar (Independent Director)

• x. Mr. P.R. Khanna (Independent Director)

• xi. Mr. Harjiv Singh (Independent Director)

c. Relatives of key management personnel

• i. Mrs. Jeet Khemka, wife of Mr. Nand Khemka

• ii. Mrs. Urvashi Khemka, wife of Mr. Shiv Vikram Khemka

• iii. Mrs. Nitya Mohan Khemka, wife of Mr. Uday Harsh Khemka

• d. Enterprises owned or significantly influenced by key management personnel or their relatives (either individually or with others) i. Unipatch Rubber Limited

• ii. Khemka Aviation Private Limited

• iii. Nand and Jeet Khemka Foundation

• iv. Sun Securities Limited

• v. Sun London Limited

• vi. Youth Reach

• vii. SRL 142 Holdings Limited

• viii. The Nabha Foundation

• ix. Sun Mobility Private Limited

• x. Hooghly Holdings Private Limited

• xi. M P Flour Mills Private Limited

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e. Affiliate Entities

• i. SUN Alternate Energy Private Limited

Indag Rubber Limited

Disclosure of Related Party Transactions on Consolidated basis for the half year ended 31st March 2021

Related party transactions :

• I The following transactions were carried out with related parties in the ordinary course of business and on arm’s length basis:

• 1 Enterprises owned or significantly influenced by key management personnel or their relatives (either individually or with others)

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(Rs /Lakh)
Half Year ended Half Year ended Half Year ended
Particulars
31-Mar-21 31-Mar-20 31-Mar-21 31-Mar-20 31-Mar-21 31-Mar-20
Name of parties : Sale of goods Purchase of goods Rent paid
- Unipatch Rubber Limited 82.94 99.33 2.21 0.29 - -
- Khemka Aviation Private Limited - - - - 45.00 45.00
- Hooghly Holdings Private Limited - - - - 23.40 23.40
Reimbursement of expenses
Name of parties : Dividend paid CSR expenditure
received
- Unipatch Rubber Limited - - 10.69 28.50 - -
- Khemka Aviation Private Limited 0.28 0.64 56.45 150.54 - -
- Nand and Jeet Khemka Foundation 0.28 0.26 - - - -
- The Nabha Foundation - - - - 11.00 20.00
- Youth Reach 0.11 0.42 - - 3.54 10.55
- Others - - 4.62 12.31 - -
Reimbursement of Expenses
Name of Parties: Sale of services
Paid
- Khemka Aviation Private limited 1.32 0.18 - -
- Hooghly Holdings Private Limited 3.83 1.69 - -
- Unipatch Rubber Limited - - - 4.93
- M P Flour Mills Private Limited 0.11 - - -
Joint Venture Company
Conversion from optionally
convertible redeemable
Name of parties:
preference
shares to equity shares
Sun Mobility EV Infra Private Limited - 140.00
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2 Joint Venture Company

Indag Rubber Limited

Disclosure of Related Party Transactions on Consolidated basis for the half year ended 31st March 2021

Related party transactions :

3[Key Management Personnel]

Name of parties : - Mr. Nand Khemka - Mr. Uday Harsh Khemka (Joint holder with Mrs. Nitya Mohan Khemka) - Mr. K.K. Kapur - Mr. J.K Jain - Mrs. Manali D Bijlani - Mr. Anil Bhardwaj - Ms. Bindu Saxena - Mr. P.R. Khanna - Mr. R. Parameswar - Mr. Harjiv Singh Particulars*	31-Mar-21 31-Mar-20 31-Mar-21 31-Mar-20 31-Mar-21 31-Mar-20 42.00 41.71 - - 0.17 0.44 - - - - 11.26 30.02 42.11 41.71 - - - - 18.77 15.98 - - - - 13.91 11.99 - - - - 4.29 - - - - - 3.10 3.30 3.90 2.70 - - 6.15 6.80 5.40 2.70 - - 6.15 6.80 5.80 4.10 - - 2.15 1.45 3.50 2.50 - - Remuneration Sitting fees Dividend paid Half Year ended Half Year ended Half Year ended

• gratuity payment of Rs 17.78 Lakhs and leave encashment of Rs 0.99 lakhs for March 31, 2021

Remueration do not include provisions for encashable leave and gratuity, as separate actuarial valuation are not available.

**4 **	Relatives of Key Management Personnel Name of parties : - Mrs. Jeet Khemka 78.89 210.37 - Mrs. Urvashi Khemka (Joint holder with Mr. Shiv Vikram Khemka) 11.26 30.02 Dividend paid

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