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Ipca Laboratories Ltd. Regulatory Filings 2021
61700_rns_2021-06-21_3401b69b-8ab5-49ab-9eac-25c9b68f251f.pdf
Regulatory Filings
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THRU ONLINE FILING
Jine 21, 2021
The Secretary BSE Ltd. Phiroze ^eejeebhoy Towers 27th Ftoor, Dalai Street Mumbai 400 023
Dear Sir,
Sub: Disclosure of Related Party Transactions pursuant to Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
In acco'dance with Regulartion 23(9) of SEBI (Listing Obligations anc Disclosure Requirements) Regulations 2015, please find enclosed herewith the cisclosure of related party transactions fc the half year ended March 31, 2021.
This is for your information and records.
Thank ng you
Yours faithfully For Ipca Laboratories L mited
Harish P. Kamath Corporate Counsel & Company Secr§
Enel: a/a
The National Stock Exchange of India Ltd. Exchange Plaza, 5th Fir, Plot # C/1 G Block, Bandra-Kurla Complex, Bandra (E), Mumbai 400 051 ^c:
pea Laboratories Ltd. www.ipca.com
125, Kandivli lidLstrial Es:ate, CIS No. 318, Kandivli (West), Mumbai 400 067 (Maharasht'a), India | I: +91 22 62105000 F: +91 22 621C 5005 Regd. Office; 48, Kandivl Industrial Estate, Kardivli (West), Mumbai 400 067 (Maharashtra), India | T: +91 22 6647 4444 E: [email protected] CIN: L24239MH1949PLC007837
IPCA LABORATORIES LIMITED
Related Party Disclosure as required by Indiar Accounting Standarc - Ind AS 24 "Related Party Transactions" of the Companies (Accounting Standards) Rule 2015.
Consolidated Transactions with related parties for the pericd 0^2020 to Mar'2021 (2nd Half Year) FY 2020-21
| (Rs. Crores) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Description | Key ManagementPe'SDnnel | Associates | Joint Venture | Other Related Parties | Total | |||||
| 2020-21Oct'2020-Mar'2021 | 2019-20Oct'2019-Mar*2020 | 2020-21Oct'2020-Mar'2021 | 201S-20Oct'2019-Mar'2020 | 2020-21Oct'2020-Mar'2021 | 2019-20Oct'2019-Mar'2020 | 2020-21Oct'2020-Mar'2021 | 2019-20Oct'2019-Mar'2020 | 2020-21Oct'2020-Mar'2021 | 2019-20Oct'2019-Mar'2020 | |
| Purchase of goods and services | ||||||||||
| Makers Laboratories Ltd. | 4.65 | 4.87 | 4.65 | 4.87 | ||||||
| Avik Pharmaceutical Ltd. | 11.86 | 16.33 | 11.86 | 16.33 | ||||||
| Nipra Packaging Fvt. Ltd. | 0.03 | 0.03 | ||||||||
| Nipra Industries Pvt. Ltd. | 0.43 | 0.97 | 0.43 | 0.97 | ||||||
| Krebs BiochemicaPs & Industries Ltd. | 29.96 | 25.40 | 29.96 | 25.40 | ||||||
| Vandhara Resorts Pvt. Ltd. | 0.26 | 0.39 | 0.26 | 0.39 | ||||||
| Total | 29.96 | 25.40 | 11.86 | '6.33 | 5.34 | 6.26 | 47.16 | 47.99 | ||
| Sales of goods and services | ||||||||||
| Makers Laboratories Ltd. | 0.17 | 0.79 | 0.17 | 0.79 | ||||||
| Avik Pharmaceutical Ltd. | 4.38 | 8.89 | 4.38 | 8.89 | ||||||
| Krebs Biochemical's & lndus:ries Ltd. | 5.74 | 5.38 | 5.74 | 5.38 | ||||||
| Trophic Wellness Pvt. Ltd. | 1.35 | 0.79 | 1.35 | 0.79 | ||||||
| Total | 7.09 | 6.17 | 4.38 | 8.89 | 0.17 | 0.79 | 11.64 | 15.85 | ||
| Rent income | ||||||||||
| Trophic Wellness Pvt. td. | 0.09 | 0.09 | 0.09 | 0.09 | ||||||
| Total | 0.09 | 0.09 | 0.09 | 0.09 | ||||||
| I iterest income | ||||||||||
| Avik Pharmaceutical Ltd. | 0.80 | 0.87 | 0.80 | 0.87 | ||||||
| Krebs Biochemical's & Industies Ltd. | 3.28 | 2.22 | 3.28 | 3,22 | ||||||
| Total | 3.28 | 3.22 | 0.80 | 0.87 | 4.07 | 4.08 | ||||
| Rent and other expenses | ||||||||||
| Makers Laboratories Ltd. | 0.00 | 0.01 | 0.00 | 0.01 | ||||||
| Avik Pharmaceutical Ltd. | 0.58 | 0.58 | ||||||||
| Krebs Biochemical's & Industries _:d. | 0.58 | 0.60 | 0.58 | 0.60 | ||||||
| Trophic Wellness Pvt. Ltd. | 0.01 | 0.01 | ||||||||
| Total | 0.59 | C 60 | 0.58 | 0.00 | 0.01 | 0.59 | 1.19 | |||
| N5t loans and advances qiven/(recovered) | ||||||||||
| Avik Pharmaceutical Ltd. | (0.33) | (1.83) | (0.33) | (1.83) | ||||||
| Krebs Biochemical's & Industries Ltd. | 17.00 | (15.85) | 17.00 | (15.85) | ||||||
| Total | 17.00 | (15.85) | (0.33) | d-83) | 16.67 | (17.68) | ||||
| Irwestments made / (redemption) | ||||||||||
| Krebs Biochemical's & Industries Ltd. | (3.48) | 49.44 | (3.48) | 49.44 | ||||||
| Trophic Wellness Pvt. L:d. | 37.27 | 37.27 | ||||||||
| Total | 33.79 | 49 44 | 33.79 | 49.44 | ||||||
| SP are Warrants Issued | ||||||||||
| Paschim Chemicals Pvt. Ltd. | 0.96 | 0.96 | ||||||||
| Kaygee Investments Pvt. Ltd. | 2.85 | 2.85 | ||||||||
| Kaygee Laboratories Pvt. Ltd. | 1.53 | 1.53 | ||||||||
| Mr. Premchand Godha | 5.40 | 5.40 | ||||||||
| Mr. Pranay Godha | 0.60 | 0.60 | ||||||||
| Mr. Prashant Godha | 0.60 | 0.60 | ||||||||
| Total | 6.60 | 5.34 | 11.94 | |||||||
| Remuneration to Directors | ||||||||||
| Mr. Premchand Godha | 5.15 | 5.06 | 5.15 | 5.06 | ||||||
| Mr. Ajit Kumar Jain | 3.03 | 3.07 | 3.03 | 3.07 | ||||||
| Mr. Pranay Godha | 1.49 | 1.49 | 1.49 | 1.49 | ||||||
| Mr. Prashant Godha | 1.40 | 1.33 | 1.40 | 1.33 | ||||||
| Total | 11.07 | 10.95 | 11.07 | 10.95 | ||||||
| Provident Fund to Directors | ||||||||||
| Mr. Premchand Godha | 0.22 | 0.22 | 0.22 | 0.22 | ||||||
| Mr. Ajit Kumar Jain | 0.29 | 0.27 | 0.29 | 0.27 | ||||||
| Mr. Pranay Godha | 0.13 | 0.13 | 0.13 | 0.13 | ||||||
| Mr. Prashant Godha | 0.12 | 0.13 | 0.12 | 0.13 | ||||||
| Total | 0.77 | 0.75 | 0.77 | 0.75 | ||||||
| Post employment benefits of Directors | ||||||||||
| Mr. Ajit Kumar Jain | 0.34 | 0.14 | 0.34 | 0.14 | ||||||
| Mr. Pranay Godha | 0.07 | 0.03 | 0.07 | 0.03 | ||||||
| Mr. Prashant Godha | 0.04 | 0.01 | 0.04 | 0.01 | ||||||
| Total | 0.45 | 0.19 | 0.45 | 0.19 | ||||||
| Sittnq Fee to Non-executive Directors | ||||||||||
| Mr. Anand T Kusre | 0.06 | 0.03 | i | 0.06 | 0.03 | |||||
| Mr. Dev Prakash Yadava | 0.07 | 0.05 | c | 0.07 | 0.05 | |||||
| Mrs. Manisha Premnatn | 0.05 | 0.04 | ||||||||
| Mr. Kamal Kishore Seth | 0.06 | 0.05 | 9 | 0.05 | 0.04 | |||||
| Total | 0.24 | 0.17 | 0.060.24 | 0050.17 | ||||||
*
IRCA LABORATORIES LIMITED
Related Party Disclosure as required by Indian Accounting Standard - hd AS 24 "Rda ed Party Transactions" of the Cjmpanies 'Accountirg Standards RUe 2015.
Consolidated Transactions with related parties for the period Oct'a^O to Mar,2D21 |2nd Half Year) FY 2320-21
| (Rs. Crores) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Key ManagenentPersonne | Associates | Jo rt Wnture | Other Rela «d Parties | Total | ||||||
| Description | ||||||||||
| 2020-21 | 2*19-20 | :020-21 | 2019-20 | 2020-;i | 2019-20 | 2020-21 | 2019-20 | 2020-21 | 2019-20 | |
| Oct'2020-Mar'2021 | Oct'2019-Msr'2020 | 'Oct 2C20-^3^2021 | Oct'2019-Vlar'2020 | Oct'20rC-Mar'202' | Oct'2019-Mar*2020 | Oct'2020-Mar'2021 | Cct'2019-iyar'2020 | Oct'2020-Mar'2021 | Oct'2019-Mar'2020 | |
| Donation | ||||||||||
| Prabhat Foundation | 0.45 | 0.20 | 0.45 | 0.20 | ||||||
| Total | 0.45 | 0.20 | 0.45 | 0.20 | ||||||
| Security | ||||||||||
| Security given to NBFC by way of lien overterm deposit for short term borrowings - | ||||||||||
| Krebs Biochemical's & Industries Ltd. | r.oc | 11.00 | ||||||||
| Total | 11.00 | 11.00 | ||||||||
| Balance at year end | ||||||||||
| Trade receivables | ||||||||||
| Avik Pharmaceutical Ltd | 0 S3 | 6.02 | 0.98 | 6.02 | ||||||
| Krebs Biochemical's & Industries Ltd. | 10.28 | 12.63 | 10.28 | 12.63 | ||||||
| Trophic Wellness Pvt. Ltc. | 0.42 | 0.16 | 0.42 | 0.16 | ||||||
| Loan given | ||||||||||
| Krebs Biochemical's & Industries Ltd. | 66.47 | 32.47 | 66.47 | 32.47 | ||||||
| Avik Pharmaceutical Ltd | 14 13 | 14.78 | 14.18 | 14.78 | ||||||
| Deposit given | ||||||||||
| Krebs Biochemical's & Industries Ltd. | 45.00 | 45.00 | 45.00 | 45.00 | ||||||
| Interest receivable | ||||||||||
| Krebs Biochemical's & Industries Ltd. | 3.08 | 0.32 | 3.08 | 0.32 | ||||||
| Avik Pharmaceutical Ltd | 0-3o | 0.35 | ||||||||
| Total | '25.25 | 90.58 | 15-54 | 20.80 | 140.76 | 111.38 | ||||
| Trade payable | ||||||||||
| Makers Laboratories Ltd | 0.96 | 0.38 | 0.96 | 0.38 | ||||||
| Nipra Packaging Pvt. Ltc. | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Nipra Industries Pvt. Ltd. | 0.18 | 0.37 | 0.18 | 0.37 | ||||||
| Vandhara Resorts Pvt. Ltd. | 0.01 | 0.36 | 0.01 | 0.36 | ||||||
| Directors remuneration payaole | ||||||||||
| Mr. Premchand Godha | 5.82 | 5.61 | 5.82 | 5.61 | ||||||
| Mr. Ajit Kumar Jain | 2.93 | 2.97 | 2.93 | 2.97 | ||||||
| Mr. Pranay Godha | 1.79 | 1.76 | 1.79 | 1.76 | ||||||
| Mr. Prashant Godha | 1.75 | 1.68 | 1.75 | 1.68 | ||||||
| Share Warrants Outstanding | ||||||||||
| Paschim Chemicals Pvt. Ltd. | 0.96 | 0.96 | ||||||||
| Kaygee Investments Pvt. Ltd. | 2.85 | 2.85 | ||||||||
| Kaygee Laboratories Pvt. Ltd. | 1.53 | 1.53 | ||||||||
| Mr. Premchand Godha | 5.40 | 5.40 | ||||||||
| Mr. Pranay Godha | 0.60 | 0.60 | ||||||||
| Mr. Prashant Godha | 0.60 | 0.60 | ||||||||
| Corporate quarantee/Security given to bank/NBFC | ||||||||||
| Krebs Biochemical's & Incustries Ltd. | 11.00 | 11.00 | ||||||||
| Total | 12.29 | 18.62 | 11.00 | 1.15 | 6.45 | 24.44 | 25.07 |
