Palash Securities Limited — Interim / Quarterly Report 2021

Jun 9, 2021

PALASH SECURITIES LIMITED CIN - L74120UP2015PLC069675 REGD. OFFICE - P.O. HARGAON, DIST SITAPUR (U.P.), PIN - 261 121 Phone No. (05862) 256220-221; Fax No.: (05862) 256 225 E-mail - palashsecurities@birlasugar.org; Website-w,vw.birla-sugar.com

9th June, 2021

The Secretary National Stock Exchange of India Ltd. Exchange Plaza, 5th Floor Plot No. C/1, C Block Bandra- Kurla Complex, Bandra (E) Mumbai 400 051

The Dy. General Manager Corporate Relationship Department BSE Ltd. 1st Floor, New Trading Ring, Rotunda Building P.J. Towers, Dalal Street, Fort Mumbai-400 001

Symbol: PALASHSECU

Stock Code : 540648

Dear Sir /Madam,

Sub: Submission of half yearly disclosure on Related Party Transactions

Pursuant to the Regulation 23(9) of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose a statement on related party transactions of the Company on consolidated basis for the half year ended 31st March, 2021.

You are requested to kindly take the above information on record.

Yours faithfully, For Palash Securities Limited

Mayuri Raja Company Secretary ACS: 26022

Encl - as above

Palash Securities Limited

Related Party Disclosures

In accordance with the requirements of Indian Accounting Standard (Ind-AS) 24 "Related Party Disclosures", names of the related parties, related party relationships, transactions and outstanding balances, where control ex isl and with whom transactions have been taken placed during the reported periods are:

A. Names or related parties and related party relationship Related parties with whom transactions have taken place durmg the year

Ko::ymanago::mentpersonnel	Mrs.ShaliniNopany	-ChairpersonI Non-ExecutiveDirector
	Mr. ArnnKumarNewar	Independent/Non-ExecutiveDirector-
	Lal AgarwalMr. Chhedi	Independent/Non-ExecutiveDirector-
	Mr.DincshKacholia	Independent I Non-ExecutiveDirector-
	Mr. SureshKumarKhandelia	Independent I Non-ExecutiveDirector-
	(w.e.f7thFebruary, 2020)
	MnlpaniMr.BalIGshore	-Non-ExecutiveDirector
		(from 10th August. 2018to 3rd March, 2020)
	Mr. ChandBihariPatadia	Managing Director-
	Mr. Deepak KumarShanna	-ChiefFinancialOfficer
	Ms. Mayuri Raja	Company Secretary-
	Abhay AndhareMr.	-ChiefFinancialOfficerof a subsidiary Company
		(w.e.f.10th February 2021)
	Mr. SantoshSrivastava	-Chiefof a subsidiary CompanyFinancialOfficer
		(uplo I 0thFebruary 2021)

B. The following transactions were carried out with related parties In the ordinary course of business

a. Director's sitting fees I commission

				(Rs in lakhs)
	Period	Director's	Director's	Amountowed
	Ended	sittingfees	commission	to related
				artles
NopanyMrs.Shalini	Mar-21	0.10
	Sep-20	0.10
Mr.SureshKumarKhandelia	Mar-21	0.05
	Sep-20	0.05
Mr.DineshKacholia	Mar-21	0.10
	Sep-20	0.13
Mr.ChhcdiLalAgarwal	Mar-21	0.20
	Sep-20	0.25
Mr.KumarNewarArun	Mar-21	0.20
	Sep-20	0.25

b. Remuneration to key managerial personnel

(I) Short term employee henents

				(Rs in lakhs)
	Period	Transaction	owedAmount	Amountowed
	Ended	duringtheeerlod	by relatedeartles	to relatedeartles
(Chief Financialof a SubsidiarySantoshSrivastavaOfficer	Mar-21	11.46
Company uptoFebruary. 2021) •10th
	Sep-20	8.33
Abhay Andhare(Chief Financialof a SubsidiaryOfficer	Mar-21	13.82
Company w.e.fFebruary. 2021)10th
	Se-20

•Excluding Rs. 2.12 lakhs value of perquisites determined under the provisions of Income Tax Act.1961.