Nitco Ltd. — Regulatory Filings 2019

Jun 28, 2019

Date: 28th June, 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),
M umbai -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 31st March, 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 Listing Regulations, please find enclosed herewith the details of Related Party Transactions, on consolidated basis, for the half year ended 31st March, 2019.

This is for your information and record.

Yours faithfully, For NITCO Limited

P3 hvani C~;ecretary & Compliance Officer

NITCO UMTIEO

Related Party Disclosures for Nitco Limited on a consolidated basis- Half year ended March 31, 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	Mr. Samir Chawla - Nominee Director of JMFARC#
Mr. Pradeep Saxena - Independent Director *	Mr. Veetenkumar H Kavar- Director
Mr. Sharath Padmanabh Bolar - Independent Director	Mr. Rajeshbhai J Ukhiya - Director
Mrs. Bharti Pradeep Dhar - Independent Director	Mr. Rajesh Sunderlal Shah - Director
Mr. Vivek Grover- Nominee Director of JMFARC#	Mr. Rameshchandra Mithalal Derasariya - Director

* Mr. Pradeep Saxena resigned from the office of the company w.e.f. April 23, 2019. # Mr. Vivek Grover & Mr. Samir Chawla were appointed as Nominee Director of JMFARC w.e.f. September 18, 2018.

List of other related parties

Entity having significant influence over the Company
Mr. Vivek Talwar- Chairman & Managing Director	Aurelia Estate & Investment 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 Gandhi
Ashvinbhai Raghavjibhai Jivani	Pravinchandra Sevantilal Sheth - HUF
Dhirubhai Bhurabhai Boda	Rajesh S.Shah
Hardik Rajeshbhai Ukhiya	Rameshbhai Babula! 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 Industries (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 India 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 March 31, 2019 with Related Parties:
--	------------------------------------------------------------------------------	--	--	--	--

Transaction	KeyManagementPersonnel	Entities wherecontrol/significantinfluence by KMPsand their relatives	Postemploymentbenefit plan
			62.28

(B) Balances outstanding with Related Parties as at March 31, 2019:

				Rs in lacs
		As at March 31, 2019
Transactions	KeyManagementPersonnel	Entities wherecontrol/significantinfluence by KMPsand their relativeexist	Postemploymentbenefit plan
Amount Receivabll(i! Xi!bl)
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		150.00
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
Poonam Talwar		9.19		9.19
Nitco Tiles & Marble Industries (Andhra)Pvt ltd		1.00		1.00
Eden Garden Builders Pvt.Ltd.		(15.81)		(15.81)
Enjoy Builders Pvt.Ltd.		(25.01)		(25.01)
Lavender Properties Pvt.Ltd.		(19.59)		(19.59)
Prakalp Properties Pvt.ltd.		(18.09)		(18.09)
Rang Mandir Builders Pvt.Ltd.		(26.02)		(26.02)
Usha Kiran Builders Pvt.Ltd.		(19.43)		(19.43)
Saisha Trading LLP		(390.13)		(390.13)
IB Hospitality Pvt Ltd		(0.11)		(0.11)
Watco Trading Private Limited		(115.70)		(115.70)
Watco Engineering Pvt.Ltd.		(23.40)		(23.40)
Nitco Sales cor1-1v•auv•. Delhi		(0.02)		(0.02)
Nitco Tiles Sales cor1-1v' auv••		(0.23)		(0.23)
India Tiles Sales Cor1-1u• auv1nu•u•c•		(1.73)		(1.7~
JM Ti.Jvv11:.u & Real Estate Pvt. Ltd.		965.50		965.
Rajeshbhai Likhiya	(19.50)			(19.50)
Abhishek Sureshbhai Mehta		(21.50)		(21.50)
Ashvinbhai Raghavjibhai Jivani		(13.00)		(13.00)
Dhirubhai Bhurabhai Soda		(2.00)		(2.00)
Hardik Rajeshbhai Likhiya		(12.50)		(12.50)
Hina Yogesh Gandhi		(96.49)		(96.49)
Jayesh Mavjibhai Chaniyra		(26.90)		(26.90)
Karan Pravinbhai Shah		(10.59)		(10.59)
Khushbuben Rameshbhai Derasariya		(7.50)		(7.50)
Meenaben C.Gandhi		(87.35)		(87.35)
Nayna Pravinbhai Mehta		(14.50)		(14.50)
Payal Vishal Gandhi		(21.17)		(21.17)
Pravinchandra Sevantilal Sheth - HUF		(16.29)		(16.29)
Rajesh S.Shah		(21.17)		(21.17)
		(10.75)		(10.75)

Sadhna Sureshbhai Mehta	(27.00)		(27.oo> 1
Utsav V Mehta	(7.00)		(7,00) I
Vardhman Vitrified Pvt. Ltd.	18.94		18.94
Nilcity Plast Pvt. Ltd.	(0.71)		(0.71)
VardhmanVitrified Pvt. Ltd.	(1.00)		(1.00)
Nitco Limited Employees Group GratuitySchemes		(245.56)	(245.56)