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Ponni Sugars (Erode) Ltd. Interim / Quarterly Report 2021
62371_rns_2021-06-01_0f3308da-1eb8-4dc1-accd-3fa3ae768310.pdf
Interim / Quarterly Report
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PONNI SUGARS (ERODE) LIMITED r
CIN : L15422 TN1996 PLC037200 Regd. Office: ESVIN House, No.13, Rajiv Gandhi Salai (OMR), Perungudi, Chennai - 600 096. . ^utHiifiLU Phone : 044 - 24961920, 24960156 E-mail: [email protected] Website : www.ponnisugars.com
PEL: HO: 01-06-2021
Phiroze Jeejeebhoy Towers Exchange Plaza Fort Bandra-Kurla Complex
BSE Ltd National Stock Exchange of India Ltd Dalal Street 5th Floor, Flat No. C/1, G Block Mumbai 400 001 Bandra East, Mumbai 400 051
Stock Code: 532460 Scrip Code: PONNIERODE ,,
Dear Sirs,
Sub: Compliance under Regulation 23 (9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 23 (9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the statement of Related Party Transactions on a consolidated basis, in the format specified in the Indian Accounting Standards, for the half year ended 31st March 2021.
Please take the above on record.
For Ponni Sugars (Erode) Limited
Digitally signed by RAMANATHAN NARAYANAN DN: c=IN, o=Personal,
N Ramanathan Managing Director N NARAYANAN pseudonym=bebf39baf4ddd1ecea5e077c4d00adbf4 355b2dfcc03f831a0f0332a03385e02, 2.5.4.20=923b51a87c7afc8d973e41ee7fbb0fb288e66 79b0b7b4e142567f5ead60f7aaf, postalCode=600004, st=TAMIL NADU, serialNumber=fff178a90ef766b9096516c117b68d3f6 32b229730adfa1266b484065d1ea753, cn=RAMANATHAN NARAYANAN Date: 2021.06.01 15:05:39 +05'30'
End: As above
RAMANATHA
PONNI SUGARS (ERODE) LIMITED
CIN : L15422 TN1996 PLC037200 Regd. Office: ESVIN House, No.13, Rajiv Gandhi Salai (OMR), Perungudi, Chennai - 600 096. Phone : 044 - 24961920, 24960156 E-mail : [email protected] Website : www.ponnisugars.com
Ponni Sugars (Erode) Limited
Details of Related Party Transactions for the Half Year ended 31st March 2021
1. Disclosure of transacting related parties
| s/N | Neam | Reliohiatpns | |||
|---|---|---|---|---|---|
| o.1 | ShPdesasayeeaperanrdtd()BLSPBoas | ThfSPBiiateecompanysanassoco | |||
| 2 | al(Ei ItiEinntngsvernaoneers) Ltd()EESVIN&texporrs | bsidfSB100%iaPsryou | |||
| 3 | dSPBPjectrosanCltLtd(SPBPC)onsuancy | S(76)(v)ofhCA.2ie, 2013tcteceompans | |||
| 4 | dithshDNKrinarana | ||||
| 5 | MrVSdarir | ||||
| 6 | MKBhathanrra | dedeInDirKMPnttopenecrs- | |||
| 7 | akshDLMRrinramna | ||||
| 8 | malMNGRatropana | ||||
| 9 | MrAGBijurunr | dedeNIDirKMPnttoonnpenecrs- | |||
| 10 | MBalKPoddaimrr | ||||
| 11 | haMNRatnraman | MinDirKMPtoagganecr- | |||
| 12 | MKYokhaatnran | hiefalffCFinciOicKMPaner- |
2. Transactions with related parties - other than Key Managerial Personnel
| (Rlakhs)s | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| BSP | SPB | CP | INESV | ||||||
| s/ | Noftiattonureransac | 01.10.20- | 01.10.19- | 010.20-1. | 01.10.19- | 01.10.20- | 01.10.19- | ||
| No. | 31.03.21 | 37.03.20 | 31.03.21 | 303.201. | 303.21.1 | 31.03.20 | |||
| 1 | alofdsSgeoo | 171.01 | 705.62 | ||||||
| 2 | hofdsPgurcaseoo | 179.96 | 381.81 | ||||||
| 3 | Sviilederceava | 24.46 | 19.29 | 5.62 | 5.31 | ||||
| 4 | Sdedviviercepro | 16.87 | 21.93 | ||||||
| 5 | idRtenpa | 3.50 | 3.50 | ||||||
| 6 | Odibalatstagunnnce-bld.Rei-Uecvaensecure | 23.81 | 218.85 | 8.40 | 7.20 | 3.30 | 3,47 |
The company has continuing commitment under the agreement with Seshasayee Paper and Boards Ltd for sale of bagasse and related matters as approved by special resolution of shareholders at the Annual General Meeting held on 24th July 2015.
| (Rla | s) | ||||||
|---|---|---|---|---|---|---|---|
| Sl | A/ Rhaatamann- | Ntion-execuve | khsokhaKYatnan | ||||
| ofNature | MDinirtoagganecr | Dirtoecrs | OCF | ||||
| No. | iotrctnansa | 01.10.19- | 01.10.20- | 01.10.19- | 01.10.20- | 01.10.19- | |
| 01.10.20-31.03.21 | 31.03.20 | 31.03.21 | 31.03.20 | 31.03.21 | 31.03.20 | ||
| 1 | rmShtteorbefitsne | 790.4 | 58.71 | 17.57 | 15.39 | ||
| 2 | Ptospltemoymenbefits | 15.13 | 7.51 | 3.67 | 2.99• | ||
| 3 | neOthlgeronbefittermens | 5.83 | 714.4 | 0.84 | 0.62 | ||
| 4 | Sfittingees | 3.90 | 4.20 | ||||
| 5 | Cissionomm | 14.00 | 14.00 | ||||
| 6 | Odiutstnganbalance-blpayae-dUnsecure | 60.00 | 48.00 | 14.00 | 14.00 |
- Transactions with related parties - Key Managerial Personnel
-
- The transactions with related parties are as per the terms of arrangements between the parties in the normal course of business and to be settled through receipt/ payment or sale/ purchase of goods or services. These have been entered at an amount that are not materially different from those on normal commercial terms.
-
- No guarantees have been given or received. No expense has been recognized in current year and previous year for bad or doubtful debts in respect of the amounts owed by related parties.
-
- The remuneration of KMPs is determined by the Nomination and Remuneration Committee having regard to the performance of individuals and market trends. Transactions with Non-executive Directors comprise of sitting fee and commission.
For Ponni Sugars (Erode) Ltd
RAMANATHA N NARAYANAN Digitally signed by RAMANATHAN NARAYANAN DN: c=IN, o=Personal, pseudonym=bebf39baf4ddd1ecea5e077c4d00adbf4 355b2dfcc03f831a0f0332a03385e02, 2.5.4.20=923b51a87c7afc8d973e41ee7fbb0fb288e66 79b0b7b4e142567f5ead60f7aaf, postalCode=600004, st=TAMIL NADU, serialNumber=fff178a90ef766b9096516c117b68d3f6 32b229730adfa1266b484065d1ea753, cn=RAMANATHAN NARAYANAN Date: 2021.06.01 15:06:40 +05'30'
N Ramanathan Managing Director
Date: 01-06-2021