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Jain Irrigation Systems Ltd. Regulatory Filings 2021
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Regulatory Filings
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Regd. Office: Jain Plastic Park, P.O.Box: 72, N.H.No. 6, Jalgaon – 425 001. India. Tel: +91-257-2258011; Fax: +91-257-2258111; E-mail: [email protected]; Visit us at: www.jains.com CIN: L29120MH1986PLC042028
JISL/SEC/2021/07/B-2/B-6
To, Bombay Stock Exchange Ltd., Corporate Relationship Department, 1st Floor, New Trading Wing, Rotunda Building, P. J. Tower, Dalai Street, Mumbai - 400 001. Fax No.022—22723121/22722037(Day) 022-22721072 (Night) Email: [email protected]
10th July, 2021
To, National Stock Exchange of India Ltd., Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051. Fax No. : 022-26598237/38 Email : [email protected]
Ref: Code No. 500219 (BSE) & JISLJALEQS (NSE) for Ordinary Equity Shares Code No. 570004 (BSE) & JISLDVREQS (NSE) for DVR Equity Shares
Sub: Disclosure of Related Party Transactions pursuant to Regulation 23 (9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/Madam,
Attached is the disclosure in compliance with Regulation 23 (9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 pertaining to Related Party Transactions on a consolidated basis for the half year/year ended March,2021 in the format specified in the relevant accounting standards for your record and reference.
Please receive the above in order, take the same on record and acknowledge.
We request you to condone the delay.
Thanking you, Yours faithfully,
For Jain Irrigation Systems Ltd.
A V Ghodgaonkar Company Secretary
Jain Irrigation Systems Ltd (Code: BSE: 500219 / 570004, NSE: JISLJALEQS/JISLDVREQS)
Transaction carried out with the related parties in the ordinary course of business during the period from 01.10.2020 to 31.03.2021 is as follows:
| Related Party Transactions / Entries / Balances (Standalone) | Rs.in Lacs | ||
|---|---|---|---|
| Sr. | Particulars | Relation | Oct-20 to March2021 |
| Transactions: | |||
| Sale of Goods / Services | |||
| 1 | Driptech India Pvt. Ltd.,Jalgaon | Fellow Subsidiary CompaniesSecond/Multi Level | 493 |
| 2 | Anubhuti Residential School | 2 | |
| 3 | Jain Farm Fresh Foods Ltd. | Subsidiary Company FirstLevel | 409 |
| - Sales of goods | 245 | ||
| - Sales of services - Testing analysis | 164 | ||
| Total | 905 | ||
| Purchase of Goods/Services | |||
| 1 | Jain Farm Fresh Foods Ltd. | Subsidiary Company FirstLevel | 166 |
| -Purchase of Goods | |||
| 2 | Driptech India Pvt. Ltd.,Jalgaon | Fellow Subsidiary CompaniesSecond/Multi Level | 15 |
| Total | 180 | ||
| Entries: | |||
| Rent Income accrued during the period | |||
| 1 | Driptech India Pvt. Ltd.,Jalgaon | Fellow Subsidiary CompaniesSecond/Multi Level | 4 |
| 2 | Sustainable Agro-Commercial Finance Ltd. | Associate Company | 2 |
| Total | 6 | ||
| Interest Expenses accrued during theperiod | |||
| 1 | Sustainable Agro-Commercial Finance Ltd. | Associate Company | 370 |
| Total | 370 | ||
| Other Expenditure (Interest Subvension)accrued during the period |
| Interest Income accrued during the period | |||
|---|---|---|---|
| 1 | Jain Processed Foods Trading & InvestmentsPvt. Ltd. | Subsidiary Company FirstLevel | 10 |
| 2 | Jain Farm Fresh Foods Ltd. | Subsidiary Company FirstLevel | 425 |
| Total | 435 |
Total 1
1 Sustainable Agro-Commercial Finance Ltd. Associate Company 1
| Advance Deposit amortised against RentExpenditure | |||
|---|---|---|---|
| 1 | Shri Ashok B. Jain | Key Managiral Person | 32 |
| 2 | Shri Ajit B. Jain | Key Managiral Person | 80 |
| 3 | Shri Atul B. Jain | Key Managiral Person | 22 |
| 4 | Mrs. Jyoti Ashok Jain | Relatives of Key ManagerialPersonnel | 27 |
| 5 | Mrs. Nisha Anil Jain | Relatives of Key ManagerialPersonnel | 67 |
| 6 | Mrs. Shobhana Ajit Jain | Relatives of Key ManagerialPersonnel | 4 |
| 7 | Mrs.Bhavana Atul Jain | Relatives of Key ManagerialPersonnel | 4 |
| 8 | JAF Products Pvt. Ltd. | Companies/Firm in whichDirector,Directors Relative Are | 0.2 |
| 9 | Jain Brothers Industries Pvt. Ltd. | Companies/Firm in whichDirector,Directors Relative Are | 10 |
| 10 | Jain Computer and Allied Services | Partnership Firms | 0.3 |
| 11 | Drip & Pipe Suppliers | Proprietorship | 2 |
| 12 | Driptech India Pvt. Ltd.,Jalgaon | Fellow Subsidiary CompaniesSecond/Multi Level | 2 |
| Total | 252 |
| Remuneration accrued during the period | |||
|---|---|---|---|
| 1 | Shri Ashok B. Jain | Key Managerial Person | 126 |
| 2 | Shri Anil B. Jain | Key Managerial Person | 126 |
| 3 | Shri Ajit B. Jain | Key Managerial Person | 126 |
| 4 | Shri Atul B. Jain | Key Managerial Person | 126 |
| 5 | Shri R.Swaminathan | Key Managerial Person | 22 |
| Total | 527 |
| INR IN LAKH(Consolidated basis)Summary of Related Party Transactions from1-Oct-20 to 31-Mar-21ParticularPurchase of Goods /Services506.39Naandan Jain Irrigation Ltd., Israel194.92Jain Sulama Sistemleri Sanayi VeTicaret Anonim Sirkti, Turkey41.92New Jain Irrigation Inc, USA58.34Jain Agricultural Services Australia Pty.Ltd, Australia-0.02Gavish Control Systems Ltd., Israel1.79Jain America Holdings Inc, USA6.82NaanDan Jain Iberica S.C., Spain22.43Jain Farm Fresh Foods Ltd.165.82Driptech India Pvt.Ltd.14.37Purchase of Capital Goods-Jain America Holdings Inc, USA-Sale of Goods12,079.55Jain ( Europe ) Ltd., UK373.14Jain Sulama Sistemleri Sanayi VeTicaret Anonim Sirkti, Turkey.1,077.14Naandan Jain Irrigation Ltd., Israel1,011.42NaanDan Jain Mexico, S.A. De C.V., Mexico756.13NaanDan Jain S.R.L.,Italy144.21NaanDan Jain France Sarl., France457.06NaanDan Jain Irrigation Projects S.R.L., Romania350.67NaanDan Jain Iberica S.C., Spain1,197.01NaanDan Jain Industria E Comercio de Equipmentos Ltd., Brazil640.85NaanDan Jain Australia Pty Ltd., Australia185.00NaanDan Jain Peru S.A.C., Peru36.97NaanDan Jain Irrigation , South Africa241.70Ex-cel Plastic, Ireland238.81 | JAIN IRRIGATION SYSTEMS LIMITED | |
|---|---|---|
| Jain America Holdings Inc, USA | 2,374.15 |
|---|---|
| Jain Irrigation Inc, USA | 1,649.93 |
| Driptech India Pvt. Ltd.,Jalgaon | 492.33 |
| Jain Farm Fresh Foods Ltd. | 245.30 |
| Jain Mena DMCC, Dubai | 23.09 |
| Agrologico sistemas Tecnologicos S.A. ,Costa Rica | 47.01 |
| Agrologico de Guatemala S.A. , Guatemala | 250.05 |
| Jain Agricultural Services Australia Pty.Ltd, Australia | 8.89 |
| Jain Agricultural Services Inc.,USA | - |
| NaanDanJain (China) Agricultural Science and Technology Co.,Ltd | 278.66 |
| Sale of Services | 164.19 |
| Jain Farm Fresh Foods Ltd. | 164.19 |
| Rent Expenses | 1.25 |
| Driptech India Pvt. Ltd. | 1.25 |
| Interest on Loans Given | 469.65 |
| Jain International Trading B.V., Netherlands | 34.64 |
| Jain Farm Fresh Foods Ltd. | 425.32 |
| Jain Processed Foods Trading & Investments Pvt. Ltd. | 9.69 |
| Rent Received | |
| 3.60 | |
| Driptech India Pvt. Ltd. | 3.60 |
| Balances Receivables & Payables as on 31-Mar-2021 | |
| Loan Receivable | 11,821.71 |
| Jain International Trading B.V., Netherlands | 1,658.19 |
| Jain Farm Fresh Foods Ltd. | 9,984.98 |
| Jain Processed Foods Trading & Investments Pvt. Ltd. | 178.53 |
| Accounts Receivable | 53,205.10 |
| Jain ( Europe ) Ltd., UK | 3,761.95 |
| NaanDan Jain Mexico, S.A. De C.V., Mexico | 3,640.99 |
|---|---|
| Jain Sulama Sistemleri Sanayi VeTicaret Anonim Sirkti, Turkey. | 3,919.40 |
| NaanDan Jain S.R.L.,Italy | 256.35 |
| NaanDan Jain France Sarl., France | 310.03 |
| NaanDan Jain Iberica S.C., Spain | 114.87 |
| NaanDan Jain Australia Pty Ltd., Australia | 621.33 |
| NaanDan Jain Irrigation Projects S.R.L., Romania | 347.03 |
| NaanDan Jain Peru S.A.C., Peru | 531.65 |
| Naandan Jain Irrigation Ltd., Israel | 4,935.33 |
| NaanDan Jain Industria E Comercio de Equipmentos Ltd., Brazil | 1,619.27 |
| NaanDan Jain Irrigation , South Africa | 330.28 |
| Ex-cel Plastic, Ireland | 264.90 |
| Protool A.G., Switzerland | - |
| Jain America Holdings Inc, USA | 9,613.22 |
| Jain Irrigation Inc, USA | 13,611.86 |
| Driptech India Pvt. Ltd. | 16.85 |
| Ex-cel Plastic, France | 1,420.01 |
| Jain Mena DMCC, Dubai | -734.36 |
| Agrologico de Guatemala S.A., Guatemala | 223.91 |
| Agrologico sistemas Tecnologicos S.A. ,Costa Rica | 47.04 |
| Jain Agricultural Services Australia Pty.Ltd, Australia | 9.03 |
| Jain Agricultural Services Inc.,USA | 6.87 |
| NaanDanJain (China) Agricultural Science and Technology Co.,Ltd | 397.06 |
| Jain Farm Fresh Foods Ltd. | 7,940.25 |
| Accounts Payable | 4,515.91 |
| JISL System S.A., Switzerland | 198.35 |
| Naandan Jain Irrigation Ltd., Israel | 1,210.89 |
| Driptech India Pvt. Ltd. | - |
| NaanDan Jain Iberica S.C., Spain | 38.12 |
| Jain ( Europe ) Ltd., UK | 782.59 |
|---|---|
| Jain Sulama Sistemleri Sanayi VeTicaret Anonim Sirkti, Turkey. | 116.38 |
| NaanDan Jain Industria E Comercio de Equipmentos Ltd., Brazil | 1.70 |
| NaanDan Jain Australia Pty Ltd., Australia | 36.45 |
| Gavish Control Systems Ltd., Israel | 135.45 |
| Protool A.G., Switzerland | - |
| Ex-cel Plastic, Ireland | 74.01 |
| Ex-cel Plastic, France | 402.64 |
| Jain Agricultural Services Australia Pty.Ltd, Australia | 247.90 |
| Jain America Holdings Inc, USA | 24.75 |
| Jain Irrigation Inc, USA | 1,246.68 |