JHS Svendgaard Laboratories Ltd. — Interim / Quarterly Report 2021

Jul 21, 2021

July 21, 2021

Department of Corporate Services Limited Phiroze Jeejeebhoy Towers, Dalal Street Exchange Plaza, Mumbai — 400 001 Bandra Kurla Complex

BSE Limited National Stock Exchange of India Mumbai — 400 051

Scrip Code: 532771

Trading Symbol: JHS

Sub: Disclosure on Related Party Transaction for the Half-Yearly ended on 31°t March, 2021

Dear Sir/Madam,

In compliance with regulation 23(9) of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015, please find attached herewith disclosure on Related Party Transaction (on consolidated basis) in the format specified in the applicable Accounting Standards for the half year ended 31° March,2021.

This is for your information and records. Kindly acknowledge the receipt.

Thanking You, For JHS Svendgaard Laboratories Limited Vv

Kirti Maheshwari Company Secretaryar mipliance Officer

Encl: A/a

fi I § | a| | H wil! | Registered Office : Trilokpur Road, Kheri (Kala-Amb), Tehsil-Nahan, Distt. Sirmour, Himachal Pradesh - 173030, INDIA | iuill Tel. : +91-1702-302119/121/102 - Fax : +91-1702-302125

JHS SVENDGAARD LABORATORIES LIMITED

42 Related party disclosures as per IND AS 24

(a) Names of related parties and description of relationship:

Relationships	Name of Related Party
Entities controlled by a person who is a KMP of the Company or aperson who has significant influence over the Company wheretransactions have taken place	- Anand & Anand Legal Services LLP- Starpool Consultants & Advisors LLP- Harish Chander Nanda Educational and Charitable Society
Relatives of Key Managerial Personnelwhere transactions have taken place	- Mrs Sushma Nanda (Mother of Mr. Nikhil Nanda)
Entities which are controlled or jointly controlled by KeyManagerial Personnel category or by his/her close family memberswhere transactions have taken place	- Apogee Manufacturing Private LimitedMagna Waves Private Limited

(b) Key Managerial Personnels (KMP) of JHS Svendgaard Laboratories Limited

Name of Key Managerial Personnel	Category	Period
Mr. Nikhil Nanda	Managing Director	2020-21
Mr. Vanamali Polavaram	Non -Executive Non-Independent	up to 18.08.2020
Mr. Rajagopal Chakravarthi Venkateish	Non -Executive Independent Director	w.e.f 23.06.2020
Mr. Mukul Pathak	Non - Executive Independent Director	2020-21
Mrs. Rohina Sanjay Sangtani	Non - Executive Independent Director	2020-21
Mr. Nikhil Kishorchandra Vora	Nominee Director	2020-21
Mr. Kapil Minocha	Non-Executive Independent Director	w.e.f 23.06.2020
Mrs. Balbir Verma	Non-Executive Independent Director	up to 14.09.2020
Mr. Paramvir Singh Pabla	Chief Executive Officer	2020-21
Mr. Ashish Goel	Chief Financial	2020-21
IMr. Chetan Batra	Company Secretary	up to 04.05.2020
Mrs. Kirti Maheshwari	Company Secretary	w.e.f 23.06.2020

(c) Name of Key Mangerial personnel of JHS Svendgaard Brands Ltd

Mr. Nikhil Nanda	Director	2020-21
Ms Sushma Nanda	Director	2020-21
Mr. Safir Anand	Director	2020-21
Mr. Vinay Mittal	Independent Director	2020-21
Mr. Nikhil Kishorchandra Vohra	Nominee Director	2020-21
Mr. Chabi Lala Prasad	Director	2020-21
Mr. Pradeep Kumar Bhardwaj	Additional Director (Independent)	Joined w.e.f29.09.2020
Mr Ravi Kumar	Chief Executive Officer	w.e.f. 03.02.2021upto 30.04.2021

Mr. Vineet Sharma	Company Secretary	Upto 10.11.2020
Mr. Ashutosh Sharma	Company Secretary	w.e.f from03.02.2021
Mr. Neeraj Kumar	Chief Financial Officer	Joined wef from03.02.2021

(d) Name of Key Mangerial personnel of JHS Svendgaard Retail Ventures Private Limited

Mr. Nikhil Nanda	Director	2020-21
Mrs. Sushma Nanda	Director	2020-21
MR. Balbir Verma	Director	2020-21
Mr Ashish Goel	Chief Financial Officer	2020-21

(e) Name of Key Managerial Personnel of JHS Mechanical and Warehousing Private Limited

1.111 MNikhitNanda	$ -$	2020-21.
PrasaoChabi1Mr-di	DILECTOR	2020-2_____

(f) Key Management Personnel Compensation

Key Management Personnel Compensation	$(3\overline{5})$ in lakhs)
	Half Year endedMarch 31, 2021
Short-term employee benefits	73.54
Post- employement benefits	17.97
Long-term employee benefits	1.89
Director's Sitting fees	2.80
Total Compensation	96.20

(g) Transactions with related parties

	The following transactions occurred with related parties:
	S.No. Statement of Profit and Loss	Half Year endedMarch 31, 2021
	Expenditure:
i.	Interest expense on Lease Liability as per IND AS 116
	' - Nikhil Nanda	21.79
ii.	Depriciation exoense on Right of use as per IND AS 116
	' - Nikhil Nanda	18.91
iii.	Amortisation of deffered rent expense
	' - Nikhil Nanda	1.11
iv	Rent Expense
	- Magna Waves Impex Private Limited	0.25
vi	Electricity expenses
	- Nikhil Nanda	7.51
vii	Professional Fee for trademark Registration
	- Anand & Anand Legal Services LLP	0.06
ix	Corporate Social Responsibility
	'- Harish Chander Nagar Educational and charitable Society	16.81

JHS Svendgaard Laboratories Limited

Notes to the Consolidated Financial Statements for the year ended 31 March, 2021

(h)	Loans and advances to/ from Related Parties	(Mr in lakhs)
		Half Year ended
		March 31, 2021
	Loans/ advance Given
	- Magna Waves Private Limited	200.00
ii.	Loans/ Advance (repaid/ adjusted)
	- Magna Waves Private Limited	200.00
iii.	Payment Made
	'- Harish Chander Nanda Educational and Charitable Society	16.81

(f)	Balance Sheet heads (Closing Balances)	As atMarch 31, 2021
i.	Other Liabilities- Nikhil Nanda	10.81
ii.	Trade Payables-Magna Waves Private Limited	0.06
iii.	Debit BalancesLoans and advances (including security deposit)- Nikhil Nanda (At amortised cost)	16.99
iv.	Trade receivables (exculding provisions)- Apogee Manufacturing Private Limited	33.78

For and on behalf of JHS Svendgaard Laboratories Limited

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