IndiaMART InterMESH Limited — Regulatory Filings 2021

May 13, 2021

==> picture [469 x 67] intentionally omitted <==

Date: May 13, 2021

To

The Manager – Listing BSE Limited

(BSE: 542726)

The Manager – Listing National Stock Exchange of India Limited

(NSE: INDIAMART)

Subject: Disclosure of Related Party Transactions under Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Madam,

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

This is for your information and records.

Yours faithfully,

For Indiamart Intermesh Limited

==> picture [135 x 64] intentionally omitted <==

(Manoj Bhargava)

Sr. Vice President (Legal & Secretarial), Company Secretary & Compliance Officer

Encl: As above

==> picture [468 x 26] intentionally omitted <==

==> picture [469 x 67] intentionally omitted <==

DISCLOSURE OF RELATED PARTY TRANSACTIONS – ON CONSOLIDATED BASIS

Pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the half year ended March 31, 2021.

I. List of Related Parties along with relationship:

A) Name of Subsidiary Companies:

1. Hello Trade Online Private Limited

2. Tradezeal Online Private Limited (Formerly known as Tradezeal International Private Limited)

3. Tolexo Online Private Limited

4. Pay With Indiamart Private Limited

B) Name of Associate Company:

1. Simply Vyapar Apps Private Limited

2. Ten Times Online Private Limited

C) Individuals owning directly and indirectly, an interest in the voting power of the Group that gives them Significant Influence over the Group and Key Management Personnel (KMP):

1. Mr. Dinesh Chandra Agarwal

2. Mr. Brijesh Kumar Agrawal

3. : Managing Director & Chief Executive Officer : Whole-time Director

4. Mr. Dhruv Prakash : Non-executive Director

5. Mr. Rajesh Sawhney : Independent Director

6. Ms. Elizabeth Lucy Chapman : Independent Director

7. Mr. Vivek Narayan Gour : Independent Director

8. Mr. Prateek Chandra : Chief Financial Officer

9. Mr. Manoj Bhargava : Company Secretary

D) Entities where individuals and Key Management Personnel (KMP), as defined in note above, exercise significant influence:

1. Mansa Enterprises Private Limited

E) Other related parties:

1. Indiamart Employee Benefit Trust (separately administrated Trust to manage employees share based payment plans of the Company)

==> picture [468 x 26] intentionally omitted <==

==> picture [469 x 67] intentionally omitted <==

2. Indiamart Intermesh Employees Group Gratuity Assurance Scheme (separately administrated Trust to manage post employment defined benefits of the employees of the Company)

II. Details of Transactions with Related Parties for the half year ended March 31, 2021:

A) Key Management Personnel compensation:

A) Key Management Personnel compensation:
	(INR in Millions)
Particulars	For the half year ended March 31, 2021
Short-term and other employee benefits	57.46
Employee share-basedpayment expense	1.85
Total	59.31

B) Related Party Transactions*:

	B) Related Party Transactions*:
		(INR in Millions)
	Particulars	For the half year ended March 31, 2021
	Entities where KMP and Individual exercise Significant influence Expenses for Rent Mansa Enterprises Private Limited	0.79
	Key Managerial Personnel Recruitment and training expenses Dhruv Prakash Director’s sitting fee	- 0.57
	Associate Companies Internet and online services availed Ten Times Online Pvt. Ltd Web Services provided to Simply Vyapar Apps Private Limited	0.02 0.02

==> picture [468 x 26] intentionally omitted <==

==> picture [469 x 67] intentionally omitted <==

C) Terms and conditions of transactions with related parties*:

The transactions with related parties are entered on terms equivalent to those that prevail in arm’s length transactions. Outstanding balances at the year-end are unsecured and interest free and settlement occurs in cash. There have been no guarantees provided or received for any related party receivables or payables. This assessment is undertaken in each financial year through examining the financial position of the related party and the market in which the related party operates.

The following table discloses amounts due to or due from related parties at the relevant year end:

		(INR in Millions)
	Balance Outstanding at the year end	As at March 31, 2021
	Key management personnel Recruitment and training expenses payable Dhruv Prakash Director’s sitting fees Associates Companies Investment in Associates Simply Vyapar Apps Private Limited Ten Times Online Private Limited Deferred Revenue Simply Vyapar Apps Private Limited Indiamart Employee Benefit Trust Loan given	- 0.05 312.02 0.93 0.47 1.50

*Transactions and balances with its own subsidiaries are eliminated in consolidated Financial Statements.

==> picture [468 x 26] intentionally omitted <==