Rallis India Ltd — Interim / Quarterly Report 2021

May 10, 2021

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May 10, 2021

BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra-Kurla Complex Bandra (E) Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 500355 Symbol: RALLIS

Dear Sir,

Sub: Disclosure of Related Party Transactions for the half year ended March 31, 2021 pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations')

In accordance with Regulation 23(9) of the Listing Regulations, we are enclosing herewith the disclosure of Related Party Transactions on a consolidated basis for the half year ended March 31, 2021.

The said disclosure is also being published on the Company's website www.rallis.co.in.

This is for your information and records.

Thanking you,

Yours faithfully,

For Rallis India Limited

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Yash Sheth

Company Secretary

Encl: As above

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Registered Office: 23[rd] Floor, Lodha Excelus, New Cuffe Parade, Off Eastern Freeway, Wadala, Mumbai – 400 037 Tel: +91 22 6232 7400 Website: www.rallis.co.in Corporate Identity No. L36992MH1948PLC014083

Consolidated disclosure of related party transactions and balances for the half year ended 31 March, 2021

Rallis India Limited's principal related parties consist of its holding Company Tata Chemicals Limited and its subsidiaries, its own subsidiaries, affiliates and key managerial personnel. The Group's material related party transactions and outstanding balances are with related parties with whom the Group routinely enter into transactions in the ordinary course of business.

1. Other Related Parties

Rallis India Limited Provident Fund

Rallis India Limited Management Staff Gratuity Fund Rallis India Limited Senior Assistants Super Annuation Scheme Rallis Executive Staff Super Annuation Fund

Rallis India Limited Non-Management Staff Gratuity Fund

2. Key Management Personnel

Mr. Sanjiv Lal, Managing Director and CEO

3. Promoter Group

Tata Sons Private Limited

4. Other Related Parties-List of subsidiaries of Tata Sons Private Limited

Infiniti Retail Ltd.

Tata AIG General Insurance Co. Ltd. Tata Consultancy Services Ltd.

Tata Teleservices Ltd.

Tata Strategic Management Group (Division of Tata Industries Limited) Ewart Investments Ltd

List of subsidiaries of Tata Chemicals Limited

Tata Chemicals International Pte Ltd

5. Trading transactions

5. Trading transactions
	(in₹lakhs)
Particulars	Sales of goods	Purchases of goods
	Half year ended 31 March, 2021	Half year ended 31 March, 2021
Holding Company Tata Chemicals Ltd. Subsidiaries of Holding Company Tata Chemicals International Pte Ltd Subsidiaries of Tata Sons Private Ltd. Infiniti Retail Ltd.	- 5,687.52 -	691.75 - 0.01

6. Service transactions

6. Service transactions
	(in₹lakhs)
Particulars	Services rendered	Services received
	Half year ended 31 March, 2021	Half year ended 31 March, 2021
Holding Company Tata Chemicals Ltd. Investor of Parent Company Tata Sons Private Ltd. Subsidiaries of Tata Sons Private Ltd. Tata AIG General Insurance Co. Ltd Tata Consultancy Services Ltd. Tata Teleservices Limited Tata StrategicManagement Group (Divisionof TataIndustriesLimited)	- - - - - -	124.88 126.99 22.25 87.50 3.72 -

Services were received at market price and any discount to reflect the relationship between the parties.

7. Other-Dividend Payments

7. Other-Dividend Payments	7. Other-Dividend Payments
(in₹lakhs)
Particulars	Half year ended 31 March, 2021
Holding Company
Tata ChemicalsLtd.	(0.00)
Subsidiaries of Tata Sons Private Ltd.
EwartInvestmentsLtd	-

8. Contributions to employee benefit trusts

8. Contributions to employee benefit trusts	8. Contributions to employee benefit trusts
(in₹lakhs)
Particulars	Half year ended 31 March, 2021
Other Related Parties
Contributions to employee benefit trusts	609.24

The following balances were outstanding at the end of the reporting period:-

The following balances were outstanding at the end of the reporting period:-
	(in₹lakhs)
Particulars	Amounts owed by relatedparties	Amounts owed to relatedparties
	As at 31 March, 2021	As at 31 March, 2021
Holding Company Tata Chemicals Ltd. Subsidiaries of Holding Company Tata Chemicals International Pte Ltd Subsidiaries of Tata Sons Private Ltd. Tata AIG General Insurance Co. Ltd. Tata Consultancy Services Ltd. TataTeleservices (Maharashtra)Limited	- 334.43 - - -	87.04 - 0.02 10.80 0.04

The amounts outstanding are unsecured and will be settled in cash. No guarantees have been given or taken during the year. No expense has been recognised in the current or prior years for bad and doubtful debts in respect of the amounts owed by related parties.

9. Compensation of key management personnel

The remuneration of key management personnel during the half year was as follows:

(in₹lakhs)	(in₹lakhs)
Particulars	Half year ended 31 March, 2021
Short term benefits Post-Employment benefits(PF and Superannuation)	260.87
	7.29

The remuneration of key management personnel is determined by the remuneration committee having regard to the performance of individuals and market trends. It is exclusive of gratuity and compensated absences.