Palred Technologies Limited — Interim / Quarterly Report 2019

Jun 18, 2019

To Date: 09.06.2019

National Stock Exchange of India Ltd. Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (East), Mumbai — 400 051.

Sub: Disclosure of Related Party Transactions — March 2019

Dear Sir/ Madam,

In compliance with Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) (Amendments) Regulations, 2018, we hereby submit the Related Party Transactions on consolidated basis, in accordance with the applicable accounting standards, for the half year ended March 31, 2019.

This is for your information and record.

Thanking you,

Yours faithfully,

For Paired Technologies Li

P. Srikakh \ . ReWdy

Chairman & Managing Director

Encl: As above.

PALRED TECHNOLOGIES LIMITED (FORMERLY KNOWN AS FOUR SOFT LIMITED) CIN No. : L72200AP1990PLC033131 Plot No. 2, 8-2-703/2/8, Road No. 12, Banjara Hills, Hyderabad - 500 034. Telefax : +91 40 67138810 | Website : www.palred.com .

I. ended March 31, 2019 re of Related Party Transactions on consolidated basis for the year

As per indian Accounting Standard on related party disclosures names of the related parties of the company are as follows: (ind AS 24), the

1. Names of related parties and description of relationship

Name ofRelated partyMr.	Nature of Relation	Nature ofTransaction	jYear ended
			31.03.2019	31.03.2018
Palem Srikanth	Key Management personnel	Remuneration	3000000	3000000
Reddy	(KMP)	Bonus	0	62500
Ms.Supriya Reddy	l Relative ofKMP	Office Rent	300000	622500
Ms. Stuthi Reddy	Relative ofKMP	Office Rent		_
.S. Vijayasaradhi	independent Director	Sitting fee	300000
Mr. Atul sharma	independent Director	Sitting fee	20000_	20000_
Ms. Richa Patnaik	independent Director	Sitting fee	-	-
Mr.P.Harish Naidu	Chief FinancialOfficer	Remuneration	2156353	1960321
		Variable pay	-	367560
		Bonus	-	40840
Mr.Naveen Kumar	l Company secretary	Remuneration	480000	260400

2. Relatives of Key Management Personnel

Name °fI te a edRparty	'ature °fe am"NiR	Nature of	Year ended
Mr.Palem Srikanth	Key Management personnel	Transaction	31.03.2019	31.03.2018
ReddyMs.Supriya Reddy	(KMP)Relative ofKMP	RemunerationOffice Rent	3000000	3000000
'Ms_tuthi Reddy. . S	'Relative of KMP	,Office Rent	300000300000	622500_

3. Subsidiary Companies

Name °fRe'atEdparty	'Nature °fRe am"i	Nature ofTransaction	Year ended
			31.03.2019	31.03.2018
'MrPairedE ectronicsvt tdiPi	''	investment in
	SubSIdiary Company	equity Shares	60000000	100000000
Mr'Paired Retail Pvttdi	''	investment in
	Subsrdiary Company	equity Shares	20400000	_
Mr. PairedTechnology	SubsidiarComan	investment in
Services Pvt ltd	ypy	equity Shares	20000000	30000000

PALRED TECHNOLOGIES LIMITED (FORMERLY KNOWN As FOUR SOFT LIMITED) CiN No. : L72200AP1990PLC033131 Plot No. 2, 8-2-703/2/8, Road No. 12, Banjara Hills, Hyderabad - 500 034. Tetefax : +91 40 67138810 i Website : www.palred.c0m _

• 1. Enterprises owned or significantly influenced by key management personnel or their relatives
• 1. Other Related Parties with whom transactions have taken place during the year
• 1. Post-employment benefit plan:

PALRED TECHNOLOGIES LIMITED

(FORMERLY KNOWN AS FOUR SOFT LIMITED) ClN No. : L72200AP1990PLC033131 Plot No. 2, 8—2-703/2/8, Road No. 12, Banjara Hills, Hyderabad - 500 034. Telefax : +91 40 67138810 | Website : www.palred.com, —L