NOCIL Ltd — Regulatory Filings 2021

Jun 23, 2021

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Date: 23[rd] June, 2021

The Bombay Stock Exchange Limited The National Stock Exchange of India Ltd “P.J. Towers” Exchange Plaza, Bandra Kurla Complex, Dalal Street Bandra (East) Mumbai-400 001 Mumbai-400 051 Scrip Code: 500730 Symbol: NOCIL

Dear Sir,

Sub: Disclosure under Regulation 23 (9) of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, as amended

Pursuant to Regulation 23 (9) of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, as amended, we have enclosed the Related Party Transactions statement on a consolidated basis for the half year ended on 31[st] March 2021.

The said Statement has been uploaded on the Company’s website viz., www.nocil.com and is also being submitted to the Exchanges within the prescribed time limit from the date of publication of Financial Results.

We request you to take the above on your records and acknowledge receipt.

Thanking you,

Yours faithfully,

For NOCIL Limited

AMIT Digitally signed by AMIT KUNDAN KUNDAN VYAS Date: 2021.06.23 VYAS 10:46:26 +05'30'

Amit K. Vyas Assistant Vice President (Legal) and Company Secretary

Place: Mumbai

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Related Party Disclosure for NOCIL Limited on a Consolidated basis for the half year from October 2020 – March 2021.

A. Details of related parties

from October 2020 – March 2021. A. Details of related parties
Description of relationship	Name of the Related Party
Key Management Personnel - Chairman -Managing Director	Mr. H. A. Mafatlal Mr. S. R. Deo
Enterprises over which Key Management Personnel is able to exercise significant influence	Mafatlal Industries Limited Sri Chaitanya Seva Trust N. M. Sadguru Water and Development Foundation NOCIL Employee Trust Funds

B. Nature of Transactions/Names of Related Parties

(Amount INR in Lakhs)

S. No.	Particulars	Oct 20-Mar 21	Oct 19-Mar 20
A I 1. 2. 3.	Enterprises over which Key Management Personnel is able to exercise significant influence Mafatlal Industries Limited* Reimbursement of Expenses Dividend Received Dividend Paid	1 - -	4 - 632
II 1	Sri Chaitanya Seva Trust Expenditure on CSR Activities	50	90
III 1	N. M. Sadguru Water and Development Foundation Expenditure on CSR Activities	50	31
IV 1 2	NOCIL Employee Trust Funds Contributions paid to funds Post-Employment Benefits paid on behalf of Trust	55 544	65 126
B 1 2 3	Key Management Personnel # Short-term employee benefits Post-employment benefits Share-based payment	252 34 10	204 34 24

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• The transactions with related parties are made in the normal course of business and on terms equivalent to those that prevail in arm’s length transactions. All the Related Party Transactions are reviewed and approved by the Audit Committee .

Based on the recommendation of the Nomination, Remuneration and Compensation Committee, all decisions relating to the remuneration of the Directors are taken by the Board of Directors of the Company, in accordance with shareholders’ approval, wherever necessary.

C. Amounts outstanding with related parties

(Amount INR in Lakhs)

S. No.	Particulars	As at March 31, 2021	As at March 31, 2020
A	Enterprises over which Key Management Personnel is able to exercise significant influence*
I 1	Mafatlal Industries Limited Trade Payable	1	1
II 1 2	NOCIL Employee Trust Funds Contributions Payable to Funds Advance to Post Employment Retirement Funds	- 75	311 11
B	Key Management Personnel	230	273

Outstanding balances at the year-end are unsecured and interest free and settlement occurs in cash.

No guarantees have been given or received.

For NOCIL Limited

AMIT Digitally signed by AMIT KUNDA KUNDAN VYAS Date: N VYAS 2021.06.23 10:47:44 +05'30' Amit K. Vyas Assistant Vice President (Legal) and Company Secretary

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