Jindal Saw Ltd. — Interim / Quarterly Report 2020

Jul 24, 2020

July 24, 2020

BSE Limited National Stock Exchange of India Limited, Corporate Relation Department Listing Department, 1st Floor, New Trading Ring Exchange Plaza, Rotunga Building Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Bandra (East) Mumbai - 400 001 Mumbai — 400 051 Stock code: 500378 Stock code: JINDALSAW

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

Dear Sir,

With reference regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached disclosure of Related Party Transactions on a consolidated basis, in the format specified in the accounting standards for the half year ended March 31, 2020.

This is for your information and record please.

Yours faithfully, For Jindal Saw Limited,

efor unil K. Jain ae 3056

Encl.: as above

Corporate Office : Jindal Centre, 12 Bhikaiji Cama Place, New Delhi- 110066 + Phone: +91 (11) 26188360 - 74, 26188345 Fax: +91 (11) 26170691 Regd. Office : A-1, UPSIDC, Indl. Area, Nandgaon Road, Kosi Kalan, Distt. Mathura (U.P.) - 281403 » Website: www jindalsaw.com

Jindal SAW Limited

Notes To Consolidated Financial Statements

51, Related party transactions

In accordance with the requirements of IND AS 24, on Related Party Disclosures, balances Including commitments where control exits and with whom transactions discontinued operations), are provided below: name of the related party, related party relationship, transactions and outstanding have taken place during reported periods (including transactions with respect to

Related party name and relationship 1, KeyM t Personnel

	Jindal SAW Limited
	Notes To Consolidated Financial Statements
	51, Related party transactions
	In accordance with the requirements of IND AS 24, on Related Party Disclosures,
		balances Including commitments where control exits and with whom transactions
	discontinued operations), are provided below:Related party name and relationship
1, KeyM	t Personnel	Designation
	S.No. NameMr. Prithav} Raj Jindal	Chairman-Non Executive Director
	Ms, Sminu Jindal	Managing Director
	Ms, Shradha Jatia	Non Executive Director
	Ms. Tripti Puneet Arya	Non Executive Director
	Mr. Neeraj Kumar	Group CEO & Whole-time Director
	Mr. Hawa Singh Chaudhary	Whole-time Director
	Dr. Raj Kamal Agarwal	Independent Director*
	Mr. Ravinder Nath Leekha	Independent Director*Independent Director*
	Mr. Abhiram Tayal	Independent Director*
	Mr. Ajit Kumar Hazarika	Independent Director*
	Mr. Girish Sharma	Independent Director*
	Mr, Sanjeev Shankar	Independent Director*
	Dr, Vinita JhaMr. O P Sharma	Chief Operating Officer (Large Dia Pipe- SBU }
	Dr, Dharmendra Gupta	President & Unit Head
	Mr. Dinesh Chandra Sinha	President & SBU Head
	Mr. Sunil K. Jain	Company Secretary
	Mr. Narendra Mantri	Head Commercial & CFO
	Mr. V. Rajasekaran	Vice President-Operations
		*Independent directors are Included only for the purpose of compliance with definition of key management personnel given under IND AS 24.
	2. Entities where contro) exist - direct and indirect subsidiaries:

*Independent directors are Included only for the purpose of compliance with definition of key management personnel given under IND AS 24.

2. Entities where contro) exist - direct and indirect subsidiaries:

	Name of the entity	Principal ActivitiesPrincipal place		% Shareholding / Voting Power
§.No.		of operation / Countryof Incorporation		AsatMarch 31,2020	AgsatMarch 31,2019
	Direct Subsidiaries				51%
1	jindal ITF Limited	India	Waterborne transportation	51%
2.	IUP Jindal Metals & Alloys Limited	India	Precision Stainless steel strips	80.71%	80.71%
3.	S.V. Trading Limited	Nevis	Investment holding	100%	100%100%
4	Quality Iron and Stee] Limited	India	Investment holding	100%
5	Ralael Holdings Limited	Cyprus	Investment holding	100%	100%100%
	6 — Jindal Saw Holdings FZE	UAE	Investment holding	100%
7	Greenray Holdings Limited	UK	Investment holding	100%	100%100%
8	Jindal Tubular (India) Limited	India	Steel Pipe manufacturing	100%
9	JITF Shipyards Limited	India	Inland shipping	100%	100%
10	Jindal Quality Tubular Limited	India	Stee] Pipe manufacturing	67%	67%
	Indirect Subsidiarles
1	Jindal Saw USA, LLC	USA	Plpes for oil and gas	100%	100%
2	Jindal Saw Middle East FZC	UAE	Ductile Iron Pipe and Fittings manufacturiny	82%	75%
3.	Derwent Sand SARL	Algeria	Trading of pipes	99.62%	99.62%
4	Jindal Saw Gulf L.L.C.	UAE	Ductile Iron Pipe and Fittings	40.18%	36.75%
5	Jinda) International FZE	UAE	Investment holding	100%	100%
6	Jindal Intellicom Limited	Indla	BPO and Call centre	98.78%	98.78%
7	iCom Analytics Limited	India	Call Centre and advisory	98.78%	98.78%
&	Jindal Intellicom, LLC (upto August 8, 2019)	USA	Call Centre and advisory	-	98.78%
9	Jindal X LLC (w.ef. January 6, 2020)	USA	Call Centre and advisory	98.78%	-
10	World Transload & Logistics LLC	USA	Investment holding	100%	100%
11	5101 Boone LLP	USA	Property holding	100%	100%
12	Tube Technologies INC	USA	Pipes for oil and gas	100%	100%
13.	Helical Anchors INC	USA	Hellcal anchor manufacturing	100%	100%
414	Boone Real Property Holding LLC	USA	Property holding	100%	100%
15	Drill Pipe International LLC	USA	Tools and fittings	100%	100%
16	Sulog Transshipment Services Limited	India	Transloading !n deep sea	51%	51%

ft") ae

Jindal SAW Limited

	Jindal SAW Limited
	Notes To Consolidated Financial Statements
	3. Entities where key management personnel and their relatives exercise significant Influence:
		S.No.	Name of the entity
S.No.	Name of theentityAbhinandanInvestmentsLimited	36	JWIL Infra Limited
	Bir Plantation Private Limited	37	JSW Power Trading Company Limited
	Colorado Trading Company Limited	38	JSW Steel Coated Products Limited
	Danta Enterprises Private Limited	39	JSW Steel Limited
	Amba River Coke Limited	40	JITF Urban Infrastructure Services Limited
	Divino Multiventures Private Limited	41	Maa Bhagwati Travels
	Gagan Trading company Limited	42	Mansarover Investments LimitedNalwa Investment Limited
	Glebe Trading Private Limited	4344	Nalwa Sons Investments Limited
	Estrela Investments Company LimitedFour Seasons Investments Limited	45	OP] Trading Private Limited
	Hexa Securlties and Finance Company Limited	46	P. R. Jindal HUF
	Hexa Tradex Limited	47	Naveen Jindal HUF
	Jindal Equipment Leasing and Consultancy Servi	48	R. K. JIndal & sons HUF
	Jindal Industries Private Limited	49	Rohit Tower Bullding Limited
	Jindal Stainless (Hisar) Limited	50	S. K. Jindal & sons HUFSiddeshwar\ Tradex Private Limited
	Jindal Stainless Limited	51	Stainless Investments Limited
	Jindal Steel & Power Limited	5253	Virtuous Tradecorp Private Limited
	Jindal Systems Private Limited	54	Mendeza Holdings Limited
	Jindal Tubular USA, LLCJTF Commodity Tradex Limited	55	Nacho Investments Limited
	JITF Urban Infrastructure Limited	56	Timarpur- Okhla Waste Management Company Private Limited
	Ms, Sminu Jindal Charitable Trust	57	Jindal Urban Waste Management (Guntur) Limited
	Raj West Power Limited	58	JSW Green Energy Limited
	Templar Investments Limited	59	Sigmatech Inc,
	Sath! International FZE	60	Amtrex Trading Company Private Limited
	Jindal Rail Infrastructure Limited	61	Anbeeco Investment LimitedQuality Stainless Private Limited
	)SL Lifestyle Limited	6263	Quality Foils (India) Private Limited
	JSL Limited	64	AB Travels
	Jindal Saw Italia S.P.A,JIndal Power Limited	65	JSW Energy Limited
	JITF Urban Waste Management (Bhatinda) Limit	66	Jindal Pipe USA Inc.
	Bhuj Polymers Private Limited	67	Systran Multiventures Private Limited
	JITF Urban Waste Management (Jalandhar) Lim}	68	Brahmputra Capital and Financial Company Limited
	Ever Plus Securities & Finance Limited	69	Goswamis Credit & Investment Limited
	RenukaFinancial Services Limited	70	International Investments Limited FZC
		tions have taken place:
	1 where trt per4, Relatives of key manag	Relationship
	5. No, Name of RelativesMs. Savitri Devi Jindal	Mother of Mr. Prithavi Raj Jindal
12	Mr. Ratan Jindal	Brother of Mr. Prithavi Raj Jindal
3	Mr. Sajjan Jindal	Brother of Mr, Prithav! Raj Jindal
4	Mr. Naveen Jindal	Brother of Mr. Prithavi Raj Jindal
5	Ms. Arti Jindal	Wife of Mr. Prithavi Raj Jindal
6	Mr. Indresh Batra	Husband of Ms. Sminu Jindal
a	Ms. Madhulika Jain	Wife of Mr. Sunil K. JainWife of Mr. Narender Mantri
8	Ms. Sangita Mantri	Brother of Dinesh Chandra Sinha
9	Mr. Mukesh Chandra SinhaMr. Randhir Singh Chaudhary	Brother of Hawa Singh Chaudhary
10	Mr. Vinay Chaudhary	Son of Hawa Singh Chaudhary
1112	Ms. Blmla Chaudhary	Wife of Hawa Singh Chaudhary
	5. Associate
S.	Name ofthe entity	Principal place	Principal Activities	% Shareholding / Voting Power
No.		of operation / Country		As atMarch 31,2020
		of Incorporation		36%
1	Jindal Fittings Limited	India	Ductile iron fittings manufacturing
	6, Joint Ventures	Principal place	Principal Activities	% Shareholding / Voting Power
S.	Name ofthe entity	of operation / Country		Asat
No.		of Incorporation		March 31,2020
		USA	Call Centre and advisory	50.00%
1	Jindal MMG LLC
	7. Trust under common control
S.	Name of the entity	Principal place	Principal Activities
		of operation / Country
No.		of Incorporation

	5. No, Name of Relatives	Relationship
	Ms. Savitri Devi Jindal	Mother of Mr. Prithavi Raj Jindal
1	Mr. Ratan Jindal	Brother of Mr. Prithavi Raj Jindal
2	Mr. Sajjan Jindal	Brother of Mr, Prithav! Raj Jindal
3	Mr. Naveen Jindal	Brother of Mr. Prithavi Raj Jindal
4		Wife of Mr. Prithavi Raj Jindal
5	Ms. Arti JindalMr. Indresh Batra	Husband of Ms. Sminu Jindal
6	Ms. Madhulika Jain	Wife of Mr. Sunil K. Jain
a		Wife of Mr. Narender Mantri
8	Ms. Sangita Mantri	Brother of Dinesh Chandra Sinha
9	Mr. Mukesh Chandra Sinha
10	Mr. Randhir Singh Chaudhary	Brother of Hawa Singh Chaudhary
11	Mr. Vinay Chaudhary	Son of Hawa Singh Chaudhary
12	Ms. Blmla Chaudhary	Wife of Hawa Singh Chaudhary

5. Associate

Assurance Scheme

	Name ofthe entity	Principal place	Principal Activities	% Shareholding / Voting Power
S.No.		of operation / Countryof Incorporation		As atMarch 31,2020	As atMarch 31,2019
1	Jindal Fittings Limited	India	Ductile iron fittings manufacturing	36%	36%
	6, Joint Ventures			% Shareholding / Voting Power
S.	Name ofthe entity	Principal place	Principal Activities	Asat	As at
No.		of operation / Countryof Incorporation		March 31,2020	March 31,2019
1	Jindal MMG LLC	USA	Call Centre and advisory	50.00%	50.00%
	7. Trust under common control
S.No.	Name of the entity	Principal placeof operation / Countryof Incorporation	Principal Activities
1	Jindal Saw Employees Group Gratuity Scheme	India	Company's employee gratuity trust
2	JTF Waterways Limited Employee groupgratulty trust	India	Company's employee gratuity trust
3.	IUP Jindal Metal & Alloys Limited EmployeeGroup Gratuity Scheme	India	Company's employee gratuity trust
4	JITF Shipyards Limited Employee Group	India	Company's employee gratuity trust
5	Gratulty trustJindal ITF Lim!ted Employee Group Gratulty	India	Company's employee gratuity trust

\ \

S.No.	Particulars		Associate/Joint ventures		Key Management Personnel(KMP), thelr relatives andEnterprises over which KMPand their relatives havingsignificant influence
		H2 2019-20 2019-20 H2 2019-20			2019-20
A	Transactions
1	Sale of goods/services			1,016.39	1,820.66
	Iindal Stalnless (Hlsar) LimitedJindal Fittings Limited	932.31	1,059.51
	IIndal Steel & Power Limited			809.43	983.66
	ISW Steel Limited			5,323.78	8,090.35
	Jinda) Industries Private Llmited			777	18.46
	Iindal Rail Infrastructure Limited			0.54	1.15
	Tlmarpur- Okhla Waste Management Company Private Limited			31,039.68	31,049.77
	JInda) Tubular USA, LLCJWIL Infra Limited			11,884.37	27,795.38
	Quality Stainless Private Limited
	Quallty Foils (Indla) Private Limited
	Jindal Urban Waste Management (Guntur) Limited			44,752,460.50	44.75
	Jindal} Saw Italia S.P.A.			601,44	4,923.50601.44
	JITF Urban Infrastructure LimitedI)TF Urban Waste Management Limited			23.69	23.69
	JSW Energy Limited			11,42	11.42
	Tindal MMG LLC	39,B3	39.83
	Jindal Pipe USA Inc.			1,806.01	1,806.01
2	Purchase of Raw Materials/Consumables/Services
	lindal Industrles Private Limited			32.428,047.59	73,2817,236.23
	Jindal Stainless (Hisar) Limited	6,295.70	7,685.63
	[Inda) Fittings Limited			904,82	2,346.29
	Jindal Stalnless LimitedJIndal Steel & Power Limited			47,327.09	80,300.55
	Jindal Systems Private Limited			29,39	72.78
	SW Power Trading Company limited			1,172.56	1,462.06
	JSW Steel Coated Products Limited			"58,160.33	19.451,18,292.11
	JSW Steel Limited			1.92	122,94
	Quality Polls (India) Private LimitedQuallty Stainless Private Limited			13.68	13.68
	JITF Commodity Tradex Limited			3,884.79	3,884.79
	Colorado Trading Company Limlted
	ISW Green Energy Limited
	ISL Lifestyle Limited			4.55	8.18
	Maa Bhagwat! Travels			2.354.48	4.708.96
	Ms. Madhulika Jain			4.48	8.96
	Ms. Sangita MantriJindal Tubular USA, LLC			49,57	49,57
	Jindal Power Limited			93.22	137.22
	Bhuj Polymers Private Limited			418.63	418.83
	Hexa Tradex Limited			0.77	0.77
	JITF Urban Infrastructure Limited			2,522.708,639.90	2,522.708,639.90
	JITF Urban Infrastructure Services LimitedPurchase of Capltal Items
3	Iindal Industries Private Limited			42,57	92.61
	Jindal Stee] & Power Limited			365,53	831,07
	IIndal Systems Private Limited			143.11	385.27
	JSW Steel Coated Products Limited			153.03140,39	289,38243.59
	ISW Steel Limited
	JSL Lifestyle LimitedJindal Fittings Limited	1,17	3.61
	linda) Saw Italia S.P.A.				108.99
4	Contribution towards gratuity fund
	Jindal Saw Employees Group Gratulty Scheme				1173.79
	IUP Jinda) Metals & Alloys Limited Employee Group Gratuity Scheme			12,24	12.24
	Dividend Pald5Danta Enterprises Private Limited				471.44
	Four Seasons Investments Limited				870.61
	Gagan Trading company Limited				4.20
	Glebe Trading Private Limited				15.45
	Mr. Indresh Batra				15.004.37
	Mr. Naveen JIndal				1.52
	Mr, Ratan Jindal				0.01
	Mr. Safjan JindalMs. Artl Jindal			*	81.20
	Ms, Savitrl Devi Jindal				2.08
	Nalwa Sons Investments Limited				1,071.00
	OP] Trading Private Limited				155.49
	P.R. Jindal HUP				0.431.63
	R. K, Jindal & sons HUF				0.43
	S. K. Jindal & sons IIUPVirtuous Tradecorp Private Limited				5B.33
	Siddeshwarl Tradex Private Limited				260.09
	Divino Multiventures Private Limited				106,91
	Estrela Investments Company Limited				37.55
	Mr. Vinay Chaudhary				0,010.04
	Ms, Bimla Chaudhary				36,50
	Nacho Investments Limited			-	602.40
	Sigmatech Inc.Naveen JIndal HUF			-	0.13
	Templar Investments Limited				37.13
	ISL Limited				4142
	Mendeza Holdings Limlted				36.65

Jindal Saw Limited

pete

Amtrex Trading Company Private Limited

0.12

Jindal Saw Limited

S.No.	Notes to Consolidated Financial StatementsParticulars	Associate/Joint ventures		Key Management Personnel(KMP), their relatives andEnterprises over which KMPand their relatives havingsignificant influence2019-20 HZ 2019-20	(Rs. lakhs)2019-20
6	Remuneration PaidMr. Mukesh Chandra Sinha	H 2 2019-20		12.245.34	21.469.19
	Mr. Randhir Singh Chaudhary7 Expenses incurred by others and reimbursedBir Plantation Private Limited			×
	lindal Stainless Limitedlindal Systems Private Limited			18.863.22	42.713.64
	ISW Power Trading Company limitedISW Steel LimitedRohlt Tower Building Limited			3.1831.48	7.5944.98
	AB Travelslindal Fittings LimitedJindal Tubular USA, LLC	ı.4.98	G.4.98×	1,509.07	1,509.07
8	Expenses incurred and recoveredHexa Securities and Finance Company Limited		÷	1.8419.42	3.7419.42
	Hexa Tradex Limitedlindal Fittings LimitedJSW Steel Limited	669.70	714.83z.	×G)	÷0.24
	Jindal Steel & Power LimitedIindal Systems Private Limited			0.060.8639.97	4.812.1541.21
	Rohit Tower Building LimitedJITF Urban Infrastructure LimitedJindal Rail Infrastructure Limited			4.162.29	10,985.69
	Jindal Tubular USA, LLCJWIL Infra Limited			$\overline{\phantom{a}}$15.311.86	$\tau$ .34.771.86
	Bhuj Polymers Private LimitedGlebe Trading Private LimitedJindal Saw Italia S.P.A.			9.37÷.	14.05
9	Interest expenseDanta Enterprises Private Limited	×	sü	43.33$\alpha$	43.33×
	Glebe Trading Private LimitedJITF Commodity Tradex LimitedJSW Steel Limited		×,ä	Ŵ.1,326.76	٠4,023.65
	Quality Folls (India) Private LimitedJindal Stainless LimitedAnbeeco Investment Limited			33.363.133.82	33.363.13204.51
	Jindal Stainless (Hisar) Limited10 Interest Income		×	14.41$\overline{\mathcal{L}}$	14.41SG)
	Colorado Trading Company LimitedGlebe Trading Private LimitedIndal Rail Infrastructure Limited			884.4038.06	1,067.0576.12
	JITF Urban Infrastructure LimitedJITF Urban Infrastructure Services Limited			192.341,159.36123.05	384.672,284.74288.20
	Jindal Saw Italia S.P.A.Jindal Tubular USA, LLCIndal Stainless (Hisar) Limited			293.539.64	578.5131.33
	Danta Enterprises Private LimitedITF Urban Waste Management (Bhatinda) LimitedJITF Urban Waste Management (Jalandhar) Limited			255.650.584.63	255.650.584.63
	Jindal Stainless Limited11 Investment made/purchase/transfer		r.	3.48	3,48
	Jindal MMG LLCInvestment of Jindal Saw Italia S.P.A transferred to Anbeeco Investment Limitedagainst settlement of loan		÷	٠	×
	Loan of Colorado Trading Company Limited converted to preference sharesIindal Tubular USA, LLC	×.
	12 Issue of shares/debentures/ConversionNon Cumulative Compulsorily convertible Preference share (CCPS) of JindalQuality Tubular Limited issued/conversion to Danta Enterprises Private		۰	1,900.00	1,900.00
	13 Loan given during the yearColorado Trading Company Limited	ä,		G,	1,050.00
	Glebe Trading Private Limitedlindal MMG LLCJITF Urban Infrastructure Services Limited	85.76a.	177.22	ò.59.00	C.1,530.63
	JITF Urban Waste Management (Bhatinda) LimitedJITF Urban Waste Management (Jalandhar) Limited	a1		41.38111.60OB1	41.38111.60÷
	Mr. Narendra Mantri14 Loan recovered during the yearIndal Tubular USA, LLC				521.63
	JITP Urban Infrastructure Services LimitedGlebe Trading Private LimitedMr. Narendra Mantri	$\sigma$		2,565.0019.00	3,775.0018.00
	15 Loan repaid during the yearDanta Enterprises Private Limited
	Glebe Trading Private LimitedIITF Commodity Tradex LimitedSathi International FZE
	Anbeeco Investment Limited			13.65	453.99
		ANIC+

~

S.No.	Jindal Saw LimitedNotes to Consolidated Financial StatementsParticulars	Assoclate/Joint ventures		Key Management Personnel(KMP), thoir relatives and	(Rs, laiths)
				Enterprises over which KMPand thelr relatives havingsignificant influence
		112.2019-20 2019-20 H22019-20			2019-20
	16 [Loan taken during the yearDanta Enterprises Private Limited				=
	Anbeeco Investment Limited17 Rent expense			3.54	7.08
	Bir Plantation Private LimitedJSW Stee! Limited			0.01	0.04
	Rohit Tower Bullding LimitedMr. Prithavi Raj Jindal			15.0018,00	30.0018.00
	18 Rent Income			0.07	0.14
	Abhinandan Investments LimitedHexa Tradex Limited	-		0.380,07	0.380.14
	Jindal Equipment Leasing and Consultancy Services LimitedMansarover Investments Limited			0.07	0.14
	Nalwa Investment LimltedStainless Investments Limited			0.070.07	0.140.14
	Brahmputra Capital and Financlal Company Limited			0.140.07	0.140.14
	Ever Plus Securities & Finance LimitedGoswamls Credit & Investment Limited			0,14	0.14
	Renuka Financial Services Limited19 Discount & rebate on sales		=	0.07	0.14
	Raj West Power Limited20 Sale of capltal items
	JWIL Infra Limited	-		424.67	:1,091.26
	Jindal Tubular USA, LLC21 Donation made during the year
	Ms, Sminu JIndal Charltable Trust22 Guarantee Commission Income			42.00	66.07
	IInda) Saw Italia S,P.A,23 Bad debts written back			8,77	17,16
	Amba River Coke Limited
	24 Advance received during the yearlinda) Stainless (Hisar) Limited			0.17	0.17
	JSW Steel LimitedJindal Steel & Power Limited		>	541,3015.19	541.3015,19
	25 Advance given during the yearIITF Commodity Tradex Limited			12,395.41	12,395.41
	]SL Lifestyle Limited			14.0114.18	14,0114.18
	JSW Power Trading Company LimitedISW Steel Limited	:-	'-	171.96135.70	171,96135.70
	SW Steel Coated Products Limited]Indal Steel & Power Limited	--	°-	2,379.01	2,379.01
	26 Advance repaid during the yearHexa Tradex Limited	=	:	313.22	793,22
	27° Security deposit givenGlebe Trading Private Limited			36,845.00	36,845.00
	Danta Enterprises Private Limited			13,500,00	13,500.00
	28 Security deposit recovered during the yearGlebe Trading Private Limited			6,135.00	6,135.00
	29 Repayment of Lease Obligations Indal Fittings Limited	912.73	912.73	-
	30 Provislon for investment/share application money/loanJindal Saw Italia S.P.A.			8,756.58	11,204.62
B_	Outstanding balances
1	Advances RecoverableIindal Fittings Limited			-	-
	Jindal) Stalnless LimitedHndal Stee) & Power Limited		-	4.942,441.41	4.942,444.41
	]WIL Infra Limited			138,11	-138.11
	SW Steel Coated Products LimitedSW Steel Limited		--	357.77	357.77
	Hexa Securitles and Finance Company LimitedJindal Tubular USA, LLC			1.2631.98	1.2631.98
	JSW Power Trading Company Liralted SL Lifestyle Limited			24,0514.01	24,0514.01
	SW Green Energy Limited		'	1.56	-1.56
	Glebe Trading Private LimitedHexa Tradex Limited			1,75179.98	1.75179.98
	{Indal Stalnless (Hisar) LimitedJITF Commodity Tradex Limited		-	12,395.41	12,395.41
	Mr, Dinesh Chandra Sinha			3.29	3.29

Mr. Narendra Mantrl 0.03 0.03 2 Corporate Guarantees outstanding # Jinda) Raf] Infrastructure Limited 3,355.00 3,355.00 IIndal Saw Italla S,P.A. 3,559.11 3,559.11 JITF Urban Waste Management (Bhatinda) Limited 1,245.75 1,245.75 IWIL Infra Limited . - - - Timarpur- Okhla Waste Management Company Private Limited - . 251,95 251.95 # Guarantees amount disclosed to the extent of outstanding loan amount.

Al

Jindal Saw Limited

S.No,	Jindal Saw LimitedNotes to Consolidated Financial StatementsParticulars	Assoclate/Joint ventures		Key Management Personnel(KMP), their relatives andEnterprises over which KMPand thelr relatives having	[Fts, lakhs)
		NZ 2019-20 2019-20 H2 2019-20		significant influence	2019-20
3.	Loan payableDanta Enterprises Private Limited			392,611,513.09	392.611,513.09
	Sathi International FZEInternational Investments Limlted FZCAnbeeco Investment LImlted			54,326.421,930.66	$4,328.421,930.66
4	Loans recoverableGlebe Trading Private Limited		-	=756.30	756,30
	IIndal Rall Infrastructure LimitedJITF Urban Infrastructure Limited	e	*	745,123,765.47	745.123,765.47
	JITF Urban Infrastructure Services Limited			23,019.458,046.70	23,019.458,046.70
	Jindal Saw Italia S.P.A.Jinda) MMG LLC	423,72	423.72	41,90	-41,90
	[ITF Urban Waste Management (Bhatinda) LimitedJITF Urban Waste Management (Jalandhar) Limited	-	:	115.7765.50	115.7765,50
5	Mr, Narendra Mantr!Payables
	Jindal Fittings LimitedJSW Stee! Coated Products Limited	252.07:	252,07	-	-
	Jindal Industries Private Limited Indal Stainless (Hisar) Limited		-	18.6410.78	18.6410.78
	Hndal Stalnless Limited			136.9128,244.56	136.9128,244.56
	inda) Stee) & Power LimitedJindal Systems Private Limited			33,0652,436.93	33.0652,436.93
	ISW Steel LimitedMaa Bhagwati Travels			0,39	0.39
	Quality Foils (India) Private LimitedRohit Tower Bullding Limited			8.16	-8.16
	Mr. Dinesh Chandra SinhaJinda) Saw Italia S.P.A.		=	-115,88	115,88
	Girish SharmaMr. Abhiram Tayal			-1.60	-1,80
	Mr. Devi DayalISL Lifestyle Limited			*
	Mr, Ravinder Nath Leekha			1,800.54	1.600.54
	Bir Plantation Private LimitedDr. Raj Kamal Agarwal		*	2.70	2.70
	ISW Power Trading Company LimitedMr. Ajit Kumar Hazarika		+	-1,80	*1.8043.27
	IInda) Power LimitedDr. Vinita tha			43.271,80	1,80
	Jindal Tubular USA, LLCJITF Urban Infrastructure Services Limited			49.522,244.06	49,522,244.06
6	Mr. Sanjeev ShankarReceivables			1.80	1,80
	Hndal Saw Italia S.P.A. indal Fittings Llmited			6,328,19	6,328,19:
	Jindal Industries Private Limitedlindal Stainless (Hisar) Limited			4,4665,86	44665,86
	Quality Folls (India) Private Limitedlindal Steel & Power Limited	-		157.18	-157.18
	Quality Stalnless Private LimitedJSW Steel Limited			0.931,370.97	0,931,370.97
	linda] Systems Private LimitedJindal] Rail Infrastructure Limited			0.860.94	0.860.94
	IIndal Urban Waste Management (Guntur) LimitedJWIL Infra Limited			44.7517,700.05	44.7517,700.05
	Indal Tubular USA, LLCITF Urban Infrastructure Limited			340,29603.25	340,29603.25
	JITF Urban Waste Management Limited			23.690.04	23.690.04
	Mansarover Investments LimitedRohit Tower Bullding Limited	-40.98	>40,98	1,35-	135
	JIndal MMG LLClindal Pipe USA Inc.	:	-	3,371.74	3,371.74
	Advances Payable7Hexa Tradex Limited
	JSW Steel LimitedAmba River Coke Limited				-
	indal Tubular USA, LLCSecurity Deposit Payable8			-
	Jindal Industries Private LimitedJIndal Stee] & Power Limited	-		9,322,941.00	9,322,941.00
	Sccurity Deposit Receivable9Bir Plantation Private Limited			100.00	100.00
	ISW Steel LimitedBhuj Polymers Private Limited			500.00122.00	500.00122.00
	Jindal Stainless (Hisar) LimitedGlebe Trading Private Limited			850.0033,681.18	650,0033,661.18
	Danta Enterprises Private Limited10 Interest Payable			13,730.08	13,730.08
	Danta Enterprises Private Amited11 Lease Ilabilities (at amortlsed cost)				"
	Iindal Fittings Limited	9,418.63	9,418.63

Terms and conditions of transactions with related partles

All related party transactions entered during the year were In ordinary course of the business and are on arm length basis. All outstanding receivable balances are unsecured and repayable In cash.

a j ' ee

' . IN Vv 4p a" os :