Modern Thread (India) Ltd. — Regulatory Filings 2021

Jul 30, 2021

Modem Threads (India) Limited

Registered Office : Unit : Modern Woollens Hamirgarh Road, Pragati Path, Near Transport Nagar, Bhilwara-311001 (Rajasthan) India Tel : oaneeteoL Fax : 297924, Email : SE aaa aia Website : www.modernwoollens.com CIN : L17115RJ1980PLCO

To, Date : July 30, 2021

The Manager, The Manager, BSE Limited : National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Mumbai - 400023 . + Bandra East, Mumbai-400051 Scrip Code: 500282 . Scrip Code: MODTHREAD

Dear Sir/Madam,

Sub.: Compliance under Requlation 23(9) of the Securities and Exchange Board of India (Listin Regulations, 2015 Obligations and Disclosure Requirements

In terms of Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith disclosure of Related Party Transactions, in the format specified in the accounting standards for the year ended 31 March, 2021. Marketing Office : 5, Bhima Building, Sir Pochkhanwala Road, Worli, Mumbai-400030

Please take the same on record.

Thanking You,

Yours faithfully, . FOR Modern Threads (India) Limited

BL Sen —

(Banwari Lal Saini) Company Secretary and Compliance Officer

Encl : as above

llens Division : Hamirgarh Road, Pragati Path, Near Transport Nagar, Bhilwara-311001 (Rajasthan) Woollen : ; Planta : ki : Village Raila, District - Bhilwara-311024 (Rajasthan) Yarh Division

OCdIINEeU WILIT Ud IIOC

MODERN THREADS (INDIA) LIMITED CIN : L17115RJ1980PLC002075

Related party disclosure for the period from 01.10.2020 to 31.03.2021

Names and Relationship of related parties

Directors and Key Managerial personnel

« Shri Rajesh Ranka (Chairman and Managing Director) Smt. Veena Jain (Non-executive Non-Independent Director) Shri Laleet Kumar (Non-executive Non-Independent Director) Shri Jagdish Narayan Sharma (Independent Director) Shri Ram Rai Kabra (Independent Director) Shri Rohit Singh (Independent Director) Shri Prabodh Kumar Nahar (Chief Financial Officer) Shri Banwari Lal Saini (Company Sécretary)

b) Enterprises in which directors have significant influence: Indian Woollen mills Federation (Director) Modern Polytex Limited (Chairman & Managing Director) Acharya Shri Nanesh Samta Vikas Trust (Trustee) H.M. Ranka Foundation (Trustee)

ii) Transactions with related parties during the period 1st October, 2020 to 31st March, 2021 : Name of related parties and nature of the transactions (Rs. in Lakhs)

i. Directors and Key Managerial Personnel ,		Salaries and other Company's Contribution
'	employee benefits	to PF
Shri Rajesh Ranka (CMD)	14.63	1.75
Shri Prabodh kumar Nahar (CFO)	5.78	0.70
Shri Banwari Lal Saini (CS)	2.97	0.23

ii. Sitting fees paid to Independent Directors	(Rs. in Lakhs)
Smt. Veena Jain	0.03
ShriJ.N. Sharma	0.07
Shri Laleet Kumaroo	0.08'
Shri Rohit Singh	0.19
Shri Ram Rai Kabra	0.19

Enterprises in which directors have significant influence: (Rs. in Lakhs)

Smt. Veena Jain (Non-executive Non-Independent Director)Shri Laleet Kumar (Non-executive Non-Independent Director)Shri Jagdish Narayan Sharma (Independent Director)Shri Ram Rai Kabra (Independent Director)Shri Rohit Singh (Independent Director)Shri Prabodh Kumar Nahar (Chief Financial Officer)Shri Banwari Lal Saini (Company Sécretary)
Enterprises in which directors have significant influence:Indian Woollen mills Federation (Director)Modern Polytex Limited (Chairman & Managing Director)Acharya Shri Nanesh Samta Vikas Trust (Trustee)H.M. Ranka Foundation (Trustee)
Transactions with related parties during the period 1st October, 2020 to 31st March, 2021 :
Name of related parties and nature of the transactions			(Rs. in Lakhs)
i. Directors and Key Managerial Personnel ,			Salaries and other Company's Contribution
	'	employee benefits	to PF
Shri Rajesh Ranka (CMD)		14.63	1.75
Shri Prabodh kumar Nahar (CFO)		5.78	0.70
Shri Banwari Lal Saini (CS)		2.97	0.23
ii. Sitting fees paid to Independent Directors			(Rs. in Lakhs)
Smt. Veena Jain			0.03
ShriJ.N. Sharma			0.07
Shri Laleet Kumar'oo			0.08
Shri Rohit Singh			0.19
Shri Ram Rai Kabra			0.19
Enterprises in which directors have significant influence:			(Rs. in Lakhs)
Purchase of goods & services	Modern Polytex Limited		0.20
Interest	Modern Polytex Limited		135.95
Corporate social responsibility	Acharya Shri Nanesh Samta Vikas Trust		0.15
Expenses
Balance of related parties at the year end			(Rs. in Lakhs)
Modern Polytex Limited (Trade Payable):			872.17

Terms and conditions:

All the transactions with related parties were made on normal commercial terms and conditions and at market rates. Gratuity and n-availed leave are determined actually on overall company basis at the end of each year and accordingly have. not been considered in remuneration.

For Modern Threads (India) Limited

So oS

Company Secretary