Nitco Ltd. — Regulatory Filings 2019

Nov 19, 2019

Date: 19th November, 2019

To,

Corporate Service Dept.	The Listing Department,
Bombay Stock Exchange Limited	National Stock Exchange of India Limited
Jeejeebhoy Towers	Exchange Plaza, Bandra Kurla Complex,
Dalal Street,	Bandra (E),
Mumbai - 400 001	Mumbai - 400 051
Script code: 532722	Script code: NITCO

Dear Sir/ Madam,

Sub: Disclosure of Related Party Transactions for the half year ended 30th September, 2019 pursuant to Regulation 23 (9) of the SEBI (Listing Obligations and Disclosure Requirements), Regulation, 2015

Pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements), Regulation, 2015, please find enclosed herewith the details of Related Party Transactions, on consolidated basis, for the half year ended 30th September, 2019.

This is for your information and record.

Yours faithfully, For NITCO Limited

Motwani C mpany Secr etary & Compliance Officer

NITCO LIMTIED

Related Party Disclosures for Nitco Limited on a consolidated basis - Half year ended September 30, 2019.

Related party disclosures as required by IND As 24 "Related Party Disclosures" are given below:

(A) List of related parties with whom transactions have taken place:

Key Management Personnel (KMP)
Mr. Vivek Talwar- Chairman & Managing Director	I Mr. Rajesh Sunderlal Shah - Director
Mr. Rajeshbhai J Likh iya- Director	I Mr. Rameshchandra Mithalal Derasariya- Director

List of other related parties

Entity having significant influence over the Company
Aurelia Estate & I nvestment Pvt. Ltd.

Post- Employment benefit plans
Nitco Limited Employees Group Gratuity Schemes	Nitco Tiles Ltd. Superannuation Fund

Relative of Key Management Personnel (KMP)

Anjali Talwar	Khushbuben Rameshbhai Derasariya
Rohan Talwar	Meenaben C.Gandhi
Poonam Talwar	Nayna Pravinbhai Mehta
Abhishek Sureshbhai Mehta	Payal Vishal Gandh i
Ashvinbhai Raghavjibhai Jivani	Pravinchandra Sevantilal Sheth - HUF
Dhirubhai Bhurabhai Boda	Rajesh S.Shah
Hardik Rajeshbhai Likhiya	Rameshbhai Babu lal Bhadja
Hina Yogesh Gandhi	Sadhna Sureshbhai Mehta
Jayesh Mavjibhai Chaniyra	Utsav V Mehta
Karan Pravinbhai Shah

Entities where control/ significant influence by KMPs and their relatives exists and with whom transaction have taken place

Eden Garden Builders Pvt. Ltd.	Nitco Tiles & Marble I ndustries (Andhra) Pvt. Ltd.
Enjoy Builders Pvt. Ltd.	Nitco Sales Corporation Delhi
Lavender Properties Pvt. Ltd.	Nitco Tiles Sales Corporation
Prakalp Properties Pvt. Ltd.	Northern India Tiles Sales Corporation
Rang Mandir Builders Pvt. Ltd.	Gem manufacturing I ndia Pvt. Ltd.
Usha Kiran Builders Pvt. Ltd.	Unique Cera Tileware Pvt. Ltd.
Saisha Trading LLP	Multistone Granito Pvt. Ltd.
IB Hospitality Pvt. Ltd.	Patidar Power Pvt. Ltd.
Watco Trading Private Limited	Vardhman Vitrified Pvt. Ltd.
Watco Engineering Pvt. Ltd.	Nilcity Plast Pvt. Ltd.

	(B) Transactions during half year ended September 30, 2019 w ith Related Parties:
--	-----------------------------------------------------------------------------------	--	--	--	--

Transaction	Key Management Personnel	Entities where control/ significant influence by KMPs and their relatives exist	Post employment benefit plan

* Sitting fees on behalf of Nominee Directors i.e. Mr. Vivek Grover and Mr. Samir Chawla is paid to JM Financial Asset Reconstruction Company Limited (JMFARC).

(B) Balances outstanding with Related Parties as at September 30, 2019:

				Rs. in Lacs
	As at September 30, 2019
Transactions	Key Management Personnel	Entities where control/ significant influence by KMPs and their relative exist	Post employment benefit plan
Amount Receivable/ (Payable)
Saumya Buildcon Pvt. Ltd.		995.99		995.99
Eden Garden Builders Pvt. Ltd .		150.00		150.00
Enjoy Builders Pvt. Ltd.		205.00		205 .00
Lavender Properties Pvt. Ltd .		150.00		1so.oo 1
Prakalp Properties Pvt. Ltd.		145 .00		145.00
Rang Mandir Builders Pvt. Ltd.		200.00		200.00
Usha Kiran Builders Pvt. Ltd .		150.00		150.00 I
Poonam Talwar		9.19		9.19
Nitco Tiles & Marble I ndustries (Andhra) Pvt. Ltd .		1.00		1.00
Nitco Paints Pvt . Ltd.		(191.50)		(191.50)
Eden Garden Builders Pvt. Ltd.		(17.10)		(17. 10)
Enjoy Builders Pvt. Ltd.		(26.74)		(26.74)
Lavender Properties Pvt. Ltd.		(20.88)		(20.88)
Prakalp Properties Pvt. Ltd.		(19.30)		(19.30)
Rang Mandir Builders Pvt. Ltd.		(27 .70)		(27.70)
Usha Kiran Builders Pvt. Ltd.		(20.70)		(20.70)
Saisha Trading LLP		(330.51)		(330.51)
Watco Trading Private Lim ited		(115 .70)		(115.70)
Watco Engineering Pvt. Ltd.		(23 .40)		(23.40)
Nitco Sales Cor porat ion Delhi		(0.02)		(0.02)
Nitco Tiles Sales Corporation		(0.23)		(0.23)
Northern India Tiles Sales Corporation		(1.73)		(1.73)
JM Township & Real Estate Pvt. Ltd.		965 .50		965.50
Rajeshbhai Likhiya	(19.50)			(19.50)
Abhishek Sureshbhai Mehta Ashvinbhai Raghavjibhai Jivani		(21.50) (13 .00)		(21.50) (13.00)
Dhirubhai Bhurabhai Boda		(2.00)		(2.00)
Hardik Rajeshbhai Likhiya		(12.50)		(12.50)
Hina Yogesh Gandhi		(96.49)		(96.49)
Jayesh Mavjibh ai Chaniyra		(26.90)		(26.90)
Karan Pravinbh ai Shah		(10.59)		(10.59)
Kh ushbuben Rameshbhai Derasariya		(7 .50)		(7.50)
Meenaben C.Gandhi		(87.35)
Nayna Pravinbhai Mehta		(14.50)
Payal Vishal Gandhi		(21.17)
Pravinchandra Sevantilal Sheth - HUF		(16.29)
Rajesh S.Shah		(21.17)
Rameshbhai Babu lal Bhadja		(10.75)

Sadhna Sureshbhai Mehta	(27.00)		(27.00)
Utsay V Mehta	(7.00)		(7.00)
Vardhman Vitrified Pvt. Ltd.	18.94		18.94
Nilcity Plast Pvt. Ltd.	(0.71)		(0.71)
Vardhman Vitrified Pvt. Ltd.	(1.00)		(1.00)
Nitco Limited Employees Group Gratuity		(352.38)	(352.38)
Schemes

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