PDS LIMITED — Interim / Quarterly Report 2020

Aug 8, 2020

PDS Multinational Fashions Limited

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PDS/SE/2020-21/19					08th August, 2020
	PDS/SE/2020-21/19				08th August, 2020
	The General Manager			The General Mana	ger
	,Corporate Service Depa	rtment		Listing Departmen	,t
	BSE LimitedP. J Tower, Dalal Street,	Fort,		National Stock ExcExchange Plaza, Ba	hange of India Limitedndra Kurla Complex,
	Mumbai-400001			Bandra (East), Mumbai-400051.

Script Code/ID: BSE: 538730;

NSE: PDSMFL

SUB: DISCLOSURE OF RELATED PARTY TRANSACTIONS UNDER REGULATION 23(9) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015.

Dear Sir/Madam,

Pursuant to regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed herewith the disclosures of Related Party Transactions on consolidated basis for the half year ended 31[st] March, 2020, in the format specified in the Accounting Standard.

Kindly take the same on record and obliged.

Thanking you For PDS Multinational Fashions Limited B. Chandra Sekhara Reddy Company Secretary & Head-Legal

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Encl.: a/a

Regd. Office: No. 758 & 759, 2[nd] Floor, 19[th] Main, Sector -2, HSR Layout, Bengaluru – 560 102, Karnataka, INDIA Tel: +91 80 67653000; Email: info@pdsmultinational.com; Website: www.pdsmultinational.com CIN: L18101KA2011PLC094125

PDS Multinational Fashions Limited

PDS Multinational Fashions Limited	PDS Multinational Fashions Limited
Related Party Transactionsa) List of related parties(All amounts in ` lakhs, unless otherwise stated)
Name of Related Party	Nature of relationship
Sourcing Solutions Limited	Joint Venture
Sourcing East West Limited
Atterley.Com Holdings Limited	Associates
Digital Ecom Techno Private Limited	Enterprise over which KMP exercise Control and/or SignificantInfluence
Pearl Global Industries Limited
Pallas Holdings Limited
Redwood Internet Ventures Limited
Digital Internet Technologies Limited
JJ Star Industries Limited
Transnational Textile Group Limited
JSM Trading Limited
Grupo Extremo SUR S.A.
Frou Holdings Limited
Norp Knit Industries Limited
Pearl Global (HK) Limited
Pearl Global Fareast Limited
Mrs. Payal Seth	Key Managerial Personnel
Mr. Deepak Seth (Director)
Mr. Pallak Seth (Director)
Mr. Ashok Kumar Sanghi (Independent Director)
Mr. Ashutosh Prabhudas Bhupatkar (Independent Director)
Mr. Ashok Kumar Chhabra (Independent Director)
Ms Saraswathy Venkateswaran (Independent Director)
Mr. Chandra Shekhar Reddy (Company Secretary)
Mr. Ajai Singh (Chief Financial Officer)
Mr. Omprakash Makam Suryanarayan Setty (Chief Executive Officer)

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PDS Multinational Fashions Limited

b) Transactions with related parties

Name of Related Party	Relationship	Nature of Transaction	For the Half Year endedMarch 31, 2020
JJ Star Industries Limited	Enterprises owned or significantlyinfluenced by KMP or their relatives	Amount Paid	737.39
Other Related Parties		Amount Paid	831.29
Grupo Extremo SUR S.A.		Amount Received / recovered	(414.07)
Sourcing Solution Limited	Joint Venture	Management Fees accrued	24.90
		SAP Fees accrued	0.04
		Amountpaid	105.41
		Amount Received / recovered	-
Pearl Global Industries Limited	Enterprises owned or significantlyinfluenced by KMP or their relatives	Amountpaid	-
Atterley.Com Holdings Limited		Amountpaid	(379.76)
JSM TradingLimited		ConsultancyFees Accrued	1,043.22
JSM TradingLimited		ConsultancyFees Paid	1,038.75
Pearl Global Industries Limited		Interest Expenses	16.50
Digital Internet Technologies Limited		Advance Received	522.42
Digital Ecom Techno Private Limited	Enterprises owned or significantlyinfluenced by KMP or their relatives	Amount Paid	-
		Rental Expense	(0.08)
Mr. Deepak Seth	Key Managerial Personnel	Amountpaid	1,435.46
Mr. Ashok Kumar Sanghi		Director SittingFees	3.00
Mr. Ashutosh Prabhudas Bhupatkar		Director SittingFees	3.00
Mr. Ashok Kumar Chhabra		Director SittingFees	3.00
Mr. Chandra Shekar Reddy		SalaryPaid	31.81
		Other Employee Benefits	7.95
Mr. Omprakash Makam Suryanarayan Setty		SalaryPaid	40.96
		Other Employee Benefits	16.03

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PDS Multinational Fashions Limited

c) Half Year end Receivable balances of related parties

Name of Related Party	Relationship	As AtMarch 31, 2020
Frou Holding Limited	Enterprises owned or significantlyinfluenced by KMP or their relatives.	358.47
SourcingSolution Limited	Joint Venture	1,140.02
Other Related Parties	Enterprises owned or significantlyinfluenced by KMP or their relatives.	1.24
JJ Star Industries Limited	Enterprises owned or significantlyinfluenced by KMP or their relatives.	525.27
Digital Internet Technologies Limited	Enterprises owned or significantlyinfluenced by KMP or their relatives.	4.52

d) Half Year end payable balances of related parties

Name of Related Party	Relationship	As At
		March 31, 2020
Sourcing Solution Limited	Joint Venture	323.10
JSM Trading Limited	Enterprises owned or significantlyinfluenced by KMP or their relatives	149.26
Grupo Extremo SUR S.A.	Enterprises owned or significantlyinfluenced by KMP or their relatives.	239.86
Other Related Parties	Enterprises owned or significantlyinfluenced by KMP or their relatives.	344.82
Mr. Deepak Seth	Key Managerial Personnel	5,357.63
Pearl Global Industries Limited	Enterprises owned or significantlyinfluenced byKMP or their relatives.	306.71

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