Jay Ushin Ltd. — Audit Report / Information 2022

Jun 14, 2022

ASHWANI

MINDA

Digitally signed by ASHWANI MINDA Date: 2022.06.14 19:27:50 +05'30'

											Additional disclosure of relatedparty transactions - applicable only in case the relatedparty transaction relates to	Additional disclosure of relatedparty transactions - applicable only in case the relatedparty transaction relates to	Additional disclosure of relatedparty transactions - applicable only in case the relatedparty transaction relates to	Additional disclosure of relatedparty transactions - applicable only in case the relatedparty transaction relates to	Additional disclosure of relatedparty transactions - applicable only in case the relatedparty transaction relates to	Additional disclosure of relatedparty transactions - applicable only in case the relatedparty transaction relates to	Additional disclosure of relatedparty transactions - applicable only in case the relatedparty transaction relates to	Additional disclosure of relatedparty transactions - applicable only in case the relatedparty transaction relates to
S. No.	Details of the party (listed entity / subsidiary) entering into the		Details of the counterparty			Type of related party transaction (see Note 5)	Value of the related party transaction as approved by the audit committee (see Note 6a)	Value of transaction during the reporting period (see Note 6b)	In case monies are due to eitherparty		In case any financial indebtedness is incurred to make orgive loans, inter-			Details of the loans, inter-corporate deposits, advances or investments
	Name	PAN	Name	PAN	Relationship of the counterparty with the listed entity or its subsidiary				Opening balance	Closing balance	Nature of indebtedness (loan/ issuance of debt / any other etc.)	Cost (see Note 7)	Tenure	Nature (loan/advance/ intercorporate deposit/ investment	Interest Rate (%)	Tenure	Secured/ unsecured	Purpose for which the funds will be utilised by the ultimate recipient of funds (end-usage)
1	JayUshin Limited	AAACJ1214A	U – Shin Ltd.	AABCU2000L	Joint Venture Company	payment for Services	338.19	338.19
2	Jay Ushin Limited	AAACJ1214A	Minebea Mitsumi Inc	AANCM3169J	Joint Venture Company is subsidary of Minebea	payment for Services	56.16	56.16
3	Jay Ushin Limited	AAACJ1214A	U – Shin Ltd.	AABCU2000L	Joint Venture Company	Sale of finish goods, automobile components etc,	118.25	118.25
4	Jay Ushin Limited	AAACJ1214A	U- shin Thailand Co. Ltd	NA	Associate of Joint Venture Company	Purchase of raw materials and components etc.	0.77	0.77
5	Jay Ushin Limited	AAACJ1214A	JNS Instruments Limited	AAACJ7034Q	Enterprises significantly influenced by KMP and their relatives	Purchase of raw materials and components etc.	298.43	298.43
6	Jay Ushin Limited	AAACJ1214A	JPM Farms Private Limited	AAACJ2970R	Enterprises significantly influenced by KMP and their relatives	Other Purchase/Service	1.60	1.60
7	Jay Ushin Limited	AAACJ1214A	MEW Tools Private Limited	AAACM1141K	Enterprises significantly influenced by KMP and their relatives	Other Purchase/Service	7.23	7.23
8	Jay Ushin Limited	AAACJ1214A	Brilliant jewels Private limited	AACCB1729J	Enterprises significantly influenced by KMP and their relatives	Payment for Rent	12.40	12.40
9	Jay Ushin Limited	AAACJ1214A	JNS Instruments Limited	AAACJ7034Q	Enterprises significantly influenced by KMP and their relatives	Reimbursement for expenses paid	31.16	31.16
10	Jay Ushin Limited	AAACJ1214A	JNS Instruments Limited	AAACJ7034Q	Enterprises significantly influenced by KMP and their relatives	Sale of finish goods, automobile components etc,	227.28	227.28
11	Jay Ushin Limited	AAACJ1214A	U- shin Thailand Co. Ltd	NA	Associate of Joint Venture Company	Sale of finish goods, automobile components etc,	72.41	72.41
12	Jay Ushin Limited	AAACJ1214A	U-shin International Trading Sanghai Ltd.	NA	Associate of Joint Venture Company	Sale of finish goods, automobile components etc,	5.53	5.53
13	Jay Ushin Limited	AAACJ1214A	JNS Instruments Limited	AAACJ7034Q	Enterprises significantly influenced by KMP and their relatives	Received from Rent	400.01	400.01
14	Jay Ushin Limited	AAACJ1214A	Jay Fe Cylinders Limited	AABCL3510H	Enterprises significantly influenced by KMP and their relatives	Received from Rent	0.27	0.27
15	Jay Ushin Limited	AAACJ1214A	Jay Ushin Limited Employee Group GratuityScheme	AADTJ5568M	Post Employment Benefit plan of the Company	Contribution to funds	150.00	150.00
16	Jay Ushin Limited	AAACJ1214A	Jay Ace Technologies Limited***	AACCJ2030N	Enterprises significantly influenced by KMP and their relatives	Receivable			33.76	33.76
17	Jay Ushin Limited	AAACJ1214A	Jay Nikki Industries Limited	AACCJ0667R	Enterprises significantly influenced by KMP and their relatives	Receivable			2.87	-
18	Jay Ushin Limited	AAACJ1214A	JNS Instruments Limited	AAACJ7034Q	Enterprises significantly influenced by KMP and their relatives	Receivable			735.23	708.40
19	Jay Ushin Limited	AAACJ1214A	Jay Fe Cylinders Limited	AABCL3510H	Enterprises significantly influenced by KMP and their relatives	Receivable			70.54	-
20	Jay Ushin Limited	AAACJ1214A	U-shin International Trading Sanghai Ltd.	NA	Associate of Joint Venture Company	Receivable			5.35	5.44
21	JayUshin Limited	AAACJ1214A	U- shin Thailand Co. Ltd	NA	Associate of Joint Venture Company	Receivable			44.12	30.46
22	JayUshin Limited	AAACJ1214A	U shin Europe KFT	NA	Associate of Joint Venture Company	Receivable			0.13	-
23	Jay Ushin Limited	AAACJ1214A	Brilliant jewels Private limited	AACCB1729J	Enterprises significantly influenced by KMP and their relatives	Payable			40.14	47.54
24	Jay Ushin Limited	AAACJ1214A	MEW Tools Private Limited	AAACM1141K	Enterprises significantly influenced by KMP and their relatives	Payable			-	7.23
25	Jay Ushin Limited	AAACJ1214A	Jushin Enterprises	AATPM3795M	Enterprises significantly influenced by KMP and their relatives	Payable			2.36	-
26	Jay Ushin Limited	AAACJ1214A	Anu Industries Limited	AAACA1140L	Enterprises significantly influenced by KMP and their relatives	Payable			3.13	-
27	JayUshin Limited	AAACJ1214A	Ashwani Minda	AATPM3791R	ManagingDirector	Remuneration	NA	29.89
28	JayUshin Limited	AAACJ1214A	Jaideo Prasad Minda	AATPM3790Q	Whole Time Director	Remuneration	NA	29.89
29	JayUshin Limited	AAACJ1214A	Amit Kithania	ARMPK7350B	KMP	Remuneration	NA	9.00
30	JayUshin Limited	AAACJ1214A	Upma Ahuja	BUAPM1463N	KMP	Remuneration	NA	0.44
31	JayUshin Limited	AAACJ1214A	Jyoti Kataria	HLWPK5080E	KMP	Remuneration	NA	0.36
32	JayUshin Limited	AAACJ1214A	BalrajBhanot	AAAPB4630P	Independent Director	SittingFees	NA	0.55
33	JayUshin Limited	AAACJ1214A	Ashok Panjwani	AAAPP0319D	Independent Director	SittingFees	NA	0.65
34	JayUshin Limited	AAACJ1214A	Arvind Kumar Mittal	AALPM8396G	Independent Director	SittingFees	NA	0.10
35	JayUshin Limited	AAACJ1214A	CibyCyriac James	AAAPJ0186E	Independent Director	SittingFees	NA	0.25
36	Jay Ushin Limited	AAACJ1214A	Vandana Minda	AATPM3793P	Women Director	Interest free unsecured loan payable	NA	-	180.00	180.00
37	Jay Ushin Limited	AAACJ1214A	Ashwani Minda	AATPM3791R	Managing Director	Interest free unsecured loan payable	NA	-	510.00	510.00
Total (of								1,790.82

** Since the value of transaction during the reporting period is approved by the audit committee(wherever applicable), the same has been considered as the value of the related party transactions as approved by the audit commitee

*** Not a related party w.e.f. July 13, 2021