PSP Projects Limited — Regulatory Filings 2021

Nov 20, 2021

® L iT psp | se ® gud PSP Projects Ltd. ISO 9001 : 2015, 14001 : 2015, 45001 : 2018 Certified Company

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Ref No: PSPPROJECT/SE/74/21-22

Corporate[Relations] Department BSE Limited

Floor 25, P.J. Towers, Dalal Street, Mumbai- 400 001 Scrip[code:] 540544

November 20, 2021

Listing Department

National Stock Exchangeof India Limited Exchange Plaza,[Bandra][Kurla] Complex, Bandra (East), Mumbai - 400 051 Scrip Symbol: PSPPROJECT

Dear Sir/Madam,

Subject: Disclosure under Regulation 23(9)[of] the 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 herewith[Disclosure] of[Related] Party Transactions ona consolidated basis in the format specified in the relevant accounting standards for the half year ended September30, 2021.

The sameis available on the Company’s website: www.pspprojects.com.

Kindly take the same on your record.

Thanking You,

Yours faithfully,

For PSP Projects Limited

‘ MittaliCompanyChristachary Secretary and Compliance officer

Encl: As above

‘PSP House’, Opp. Celesta Courtyard, Opp. Lane of Vikramnagar Colony, ISCON -[Ambali] Road, Aymedabad-380 058. Phone : 079 - 2693 6200, 2693 6300, 2693 6400 | Fax No. : 079 - 2693 6500 | Email : info@pspprojects.com | URL : www.pspprojects.com CIN : L45201GJ2008PLC054868

PSP Projects Limited

Related Party Transactions / Outstanding balances	Related Party Transactions / Outstanding balances	Related Party Transactions / Outstanding balances	Related Party Transactions / Outstanding balances	on a Cansolidated basis for the period from April 01, 2021 to	on a Cansolidated basis for the period from April 01, 2021 to	on a Cansolidated basis for the period from April 01, 2021 to	on a Cansolidated basis for the period from April 01, 2021 to	on a Cansolidated basis for the period from April 01, 2021 to	on a Cansolidated basis for the period from April 01, 2021 to	September 30, 2021	September 30, 2021
()	Names of the related parties	and	description	of relationship
	As per the Indian Accounting	Standard-24 on		“Related	Party Disclosures”, list of related parties identified of					the Companyareas follows.
	{a) Subsidiary
	Name of the entity					Type
	PSP Foundation {*}					Subsidiary
	{b} Assaciate/Jaint Venture
	Name of the entity					Type
	M/s. GDCL and PSPJoint Venture					Jaint Venture
	P & J Builders LLC					Step down	Foreign Joint Venture - Level-!
	PSP Fremont LLC					Step down	Foreign Joint Venture - Levei-l
	Guttenberg Projects LLC					Step down	Foreign Joint Venture - Level-l!
	{c}_Key Management Personnel & Relati
	Name of the Key Management Personnel					Status
	Mr. Prahaladbhai S.Patel					Chairman &	Managing Director
	Mrs. Shilpaben P.Patel					Whole Time	Director	(Resigned	From	August 05, 2020)
	Ms. Pooja P. Patel					Whole Time	Director
	Mr. Sagar P. Patel					Executive Director
	Mr. Chirag Narendra Shah					independent	Director
	Mr. Sandeep Himmatia! Shah					independent	Director
	Mr. Vasishtha Pramodbhai Patel					independent	Director
	Mrs. Zarana Pratik Patel					Independent	Director
	Mrs. Hetal Patel					Chief Financial Officer
	Ms. Mittali Christachary					Company Secretary
	Name of the Relative					Relation
	Mr. Dinubhai Patel					Brother of Chairman & M ing			Director
	{d} Entities controlled by Dii		/ Retatis	of Direct
	Name of the Entities
	PSP Properties Private Limited					Sprybit Softiabs LLP					Shilp Products	LLP
	M/s. A P Constructions					M/s. SIM Di	ers
	{*] PSP Foundation is a company incorporated under Section 8 of overtheir profits to its members. In view of restrictions on Section					the Companies Act, 2013 and this companyis prohibited to give any right 8 companies, the present Company’s share in PSP Foundation has not
	been considered in consolidated statement.

Transactions with related parties:

Transactions with relat	ed parties:			{Rs. in Lakhs}
Particulars			For the half year ended on	Forthehalf year ended on
			September 30, 2021	September 30, 2020
interest Income by Holding Company
M/s. GDOCL and PSP Joint	Venture		36.05	45.14
Interest Income by Subsidiary
P & J Builders LLC				37.46
PSP Fremont LLC			96.56	72.53
interest Expenses by Subsidiary
Prahaladbhai S. Patel				6.02
Receipt of Services
M/s. AP Constructions			328.41	315.81
Oinubhai Patel			12.50	12.50
Sprybit Softlabs LLP				841
Prahaladbhai S.Patel			38.31	27.80
Sale of Concrete Mix
Shilp Products LLP			1.33	4.60
M/s. AP Constructions			0.51
Sale of Canstructian Materials/Assets
Shilp Products LLP				10.43
Purchase of Construction Materials/ Assets
Shilp Products LLP			94.40	0.06
Reimbursements of Expenses
M/s. GDCL and PSP Joint	Venture (Statutory	Payments}		1.58
Share of Profit / (Loss) from Joint Venture by		Holding Company
M/s. GDCLand PSPJoint	Venture		18.25	(37.23)
Share of Profit/ {Loss} from Joint Venture by 6B a J Builders Lic		Subsidiary	(0.16)	« (185.25),
PSP Fremont LLC			{2.61}	(1.43)
Director's Sitting Fees Paid
Mr. Chirag Narendra Shah			0.15	0.30
Mr. Sandeep Himmatial	Shah		OAS	O15
Mr. Vasishtha Pramodbhai Patel			0.45	0.30
Mrs, Zarana Pratik Patel			0.45	0.30
Remuneration/ Salary
Mr. Prahaladbhai S.Patel			300.00	230.40
Mrs. Shilpaben P. Patel				49.22
Ms. Pooja P. Patel			75.00	47.52
Mr. Sagar P. Patel			21.00	10.24
Mrs. Hetal Patel			14.32	8.75
Ms. Mittali Christachary			3.81	2.33
investment by Subsidiary
P & J Builders LLC				216.09
by Subsidiary
P & J Builders LLC (Net}				(734.37)
PSP Fremont LLC{Net}			616.44	206.63
Loans by Holding Company
M/s. GDCL and PSP Joint	Venture (Net)			(235.90)

{fii} Outstanding balances arising from sales/purchases of goods/services[with][related][Parties:] (Rs. in Lakhs} —— SeptemberAs at[30, 2021] SeptemberAs 30,at[2020] Investment by Holding Company M/s.[GDCL] and[PSP] Joint Venture 44.59 44.59

PSP Foundation 1.00 - investment by Subsidiary P & J Builders LLC 2.26 217.88

PSP Fremont LLC 0.07 0.07

Loans Receivable by Subsidiary

PSP Fremont LLC 3,089.43 2,084.33

Loans Receivable by Holding Company M/s.[GOCL] and[PSP][Joint] Venture 540.03 538.00 M/s.[GOCL] and[PSP][Joint] Venture (Balance in current capital) 18.25 (35.88) Laans Payable by Subsidiary Mr. Prahaladbhai S. Patel - 100.00 Trade Payables M/s. AP Constructions 63.41 121.28 Mr. Dinubhai Patel 6.25 6.25

Shilp Products LLP $9.08 . Other Financial Assets (interest Receivable} by Holding Company M/s.[GDCL] and PSP Joint Venture 36.05 15.53 Other Financial Assets (interest Receivable) by Subsidiary P & J Builders LLC - 11.38

PSP Fremont LLC 246.34 71.30 Provision for Loss /Loss on investment by Subsidiary P & J Builders LLC (226.81) (219.78)

PSP Fremont[LLC] (8.90) (4.16)

Remuneration / Salary Payable Mr. Prahaladbhai S.Patel 30.00 23.85 Ms. Pooja P. Patel 8.50 8.40 Mr. Sagar P. Patel 3.25 1.56 Mrs. Hetal Pate! 1.91 1.70

Ms. Mittali Christachary 0.63 0.53 <é&