Paramount Communications Ltd. — Regulatory Filings 2021

Jul 26, 2021

PCL/SE/07/2021-2022

PCL/SE/07/2021-2022	26.07.2021
The Corporate Relationship Department	The General Manager- Listing
The Bombay Stock Exchange Ltd.	National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Towers,	"Exchange Plaza", Bandra-Kurla Complex,
Dalal Street,	Bandra (East),
Mumbai-400 001	Mumbai-400 051

Symbol / Scrip Code: (BSE) 530555/(NSE) PARACABLES

Sub: Disclosure of Related Party Transactions pursuant to Regulation 23 (9) of SEBI (Listing obligations & Disclosure Requirements) Regulations, 2015

Dear Sir/Madam,

Pursuant to regulation 23 (9) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Related Party disclosure (Standalone and Consolidated) as per prescribed format for the half-year ended 31° March, 2021.

This is for your kind information & records please.

Thanking you.

Paramount Communications Ltd Paramount House C-125 Naraina Industrial Area Phaso 1 New Delhi - 110028 {+ +91 11 456109000 f: +91 11 25893719-20 pol@paramountcables.cum WWW paramoauntcables.com CIN L74899DL1994PL.C061295

Related party name and relationship

a) Subsidiary Companies

Paramount Holdings Limited, Cyprus

"06196375 Cables Limited" (formerly AE! Cables Limited), United Kingdom (in Administration/Liquidation)

AEI Power Cables Limited, United Kingdom

b) Other related parties in the Group where common control exists: Paramount Telecables Limited

c) Key Management Personnel

Shri Sanjay Aggarwal, Chairman and CEO Shri Sandeep Aggrawal, Managing Director Shri Shambhu Kumar Agarwal, Chief Financial Officer Mrs. Rashi Goel, Company Secretary

d) Relatives of Key Managerial Personnel with whom transactions have taken place:

Mrs. Shashi Aggarwal Mrs. Archana Aggarwal Mrs. Kamala Aggarwal Sanjay Aggarwal (HUF) Mr. Dhruv aggarwal Mr. Tushar aggarwal Mr. Parth Aggarwal

e) Enterprises where Relatives of Key Managerial Personnel with whom transactions have taken place:

Valens Technologies Private Limited

Valens Resizones Projects LLP

whom transactions | Personnel withhave taken place : | whom transactions Enterprises where 1,41,57,412 (Amount in Rs.) have taken place: $\bar{Y}$ Relatives of Key Managerial 1,42,24,500 Relatives of Key ä ï ij, ï ï Personnel with Managerial From 01/10/20 to 31/03/2021 43,00,000 4,21,83,000 4,21,83,000 3,54,279 35,00,000 2,74,258 88,66,107 16,29,268 2,23,233 89,25,997 Key Management j j. ï Personnel 1,29,72,972 1,20,00,000 1,21,93,049 1,20,00,000 common controlexists: Other related parties in the Group where í. ï j, ï j, Subsidiaries of the i. f, Company: Details of Related Party Transactions (Standalone) Mr. Shambhu Kumar Agarwal, Chief Financial Officer Equity Shares Allotment including share premium Remuneration to Key Mangerial Personnel (KMP) Lease Liabilities Repayments /Lease Rent Paid Mr. Sandeep Aggrawal, Managing Director Mr. Sanjay Aggarwal, Chairman and CEO Valens Technologies Private Limited Mrs. Rashi Goel, Company Secretary Short term Security Deposit Return VII Short term Security Deposit Paid Paramount Telecables Limited Paramount Telecables Limited Paramount Telecables Limited Paramount Telecables Limited Sales & Job work charges III Loan Repaid to Directors Mr. Sandeep Aggarwal Nature of transactions Mr. Sandeep Aggarwal IV Interest paid on Loans Mr. Sandeep Aggarwal Mr. Sanjay Aggarwal Mr. Sanjay Aggarwal Mr. Sanjay Aggarwal Mr. Parth Aggarwal Lease Interest Cost Description $\overline{\mathbf{x}}$ $\overline{\overline{\overline{\overline{\overline{\overline{\overline{\overline{\overline{\overline{\overline{\overline{\overline{\over$ j $\overline{\phantom{0}}$ $\bar{5}$

	Paramount Communications Limited
	Details of Related Party balance ( Standalone}				{Amount in Rs.)
	Description			As on 31-03.2021
	Nature of transactions	Subsidiaries of}	Other relatedthe Company: partiesinthe jwanagementGroup wherecommoncontrol exists:	KeyPersonnel	Relatives of Key Managerial wherePersonnel withwhomtransactionshave takenplace :	Enterprises Relatives ofKey ManagerialPersonnel withwhomtransactionshave takenplace :
	Lease Liabilities/Finance Lease
	ObligationsParamount Telecbles Limited		13,45,34,178
tt	Payable outastanding at the year end	"		-		-
	Paramount Telecbles Limited	-	10,36,271	=
	Valesn Technologies Private Limited	-	-	-	=-	=42,18,653
	Advance given balance outstanding asat year end after net of provisions
	Paramount Holdings Limited *

Note * -Advance given balance outstanding as at year end to a subsidairy company having net balance Rs . Nil ( Gross advanceas at year end is Rs. 73,56,888 /-and provisions for Advance as at year end is Rs. 73,56,888/- ) .

Related party name and relationship-

a) Other related parties in the Group where common control exists: Paramount Telecables Limited

b) Key Management Personnel

Shri Sanjay Aggarwal, Chairman and CEO Shri Sandeep Aggrawal, Managing Director Shri Shambhu Kumar Agarwal, Chief Financial Officer Mrs. Rashi Goel, Company Secretary

c) Relatives of Key Managerial Personnel with whom transactions have taken place:

Mrs. Shashi Aggarwal Mrs. Archana Aggarwal Mrs. Kamala Aggarwal Sanjay Aggarwal (HUF) Mr. Dhruv aggarwal Mr. Tushar aggarwal Mr. Parth Aggarwal

d) Enterprises where Relatives of Key Managerial Personnel with whom transactions have taken place:

Valens Technologies Private Limited

Valens Resizones Projects LLP

whom transactions 1,41,57,412 Enterprises where (Amount in Rs.) have taken place: Relatives of Key Personnel with Managerial whom transactions have taken place : 1,42,24,500 Relatives of Key Ĭ, ï $\tilde{a}$ ï ï Personnel with From 01/10/20 to 31/03/2021 Managerial 16,29,268 3,54,279 43,00,000 2,74,258 4,21,83,000 4,21,83,000 89,25,997 88,66,107 35,00,000 2,23,233 Key Management ï Ý Personnel 1,20,00,000 1,20,00,000 1,29,72,972 1,21,93,049 Group wherecommon control Other related parties in the ÿ ł ï j, exists: Details of Related Party Transactions (Consolidated) Mr. Shambhu Kumar Agarwal, Chief Financial Officer VI Equity Shares Allotment including share premium IX Remuneration to Key Mangerial Personnel (KMP) Lease Liabilities Repayments /Lease Rent Paid Mr. Sandeep Aggrawal, Managing Director Mr. Sanjay Aggarwal, Chairman and CEO Valens Technologies Private Limited Mrs. Rashi Goel, Company Secretary Short term Security Deposit Return VII Short term Security Deposit Paid Paramount Telecables Limited Paramount Telecables Limited Paramount Telecables Limited Paramount Telecables Limited Loan Repaid to Directors Sales & Job work charges Nature of transactions Mr. Sandeep Aggarwal IV Interest paid on Loans Mr. Sandeep Aggarwal Mr. Sandeep Aggarwal Mr. Sanjay Aggarwal Mr. Sanjay Aggarwal Mr. Sanjay Aggarwal Mr. Parth Aggarwal Lease Interest Cost Description $\overline{\overline{\overline{\overline{\overline{\overline{\overline{\overline{\overline{\overline{\overline{\overline{\overline{\over$ $\equiv$ $\overline{\phantom{0}}$

Paramount Communications Limited
Details of Related Party balance ( Consolidated )

	Paramount Communications Limited
	Details of Related Party balance ( Consolidated )			(Amount in Rs.)
	DescriptionNature of transactions	Other related	As on 31-03.2021Key	Relatives of	Enterprises
		parties in theGroup where	ManagementPersonnel	Key ManagerialPersonnel with	whereRelatives of
		commoncontrol exists:		whomtransactions	Key ManagerialPersonnel with
				have takenplace :	whomtransactions
					have takenplace :
	Lease Liabilities/Finance Lease
	Obligations
ij	Paramount Telecbles Limited Payable outastanding at the year end	13,45,34,178	=		-
	Paramount Telecbles Limited	10,36,271	-	=	5