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Salzer Electronics Ltd. — Regulatory Filings 2021
Jul 16, 2021
61391_rns_2021-07-16_5b1d47a1-15c4-4667-9751-c7beb5e70897.pdf
Regulatory Filings
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SALZER ELECTRONICS LTD
Regd. Office : Samichettipalayam, Jothipuram (Post) Coimbatore -641 047. CIN : L03210TZ1985PLC001535 Phone No.0422-4233600/ 614/696 E-Mail : [email protected] web site : https://www.salzergroup.net/
July 15, 2021
To THE CORPORATE RELATIONSHIP DEPT M/s. National Stock Exchange of India Ltd., BSE Limited Exchange Plaza, C-1, Block G, I Floor, New Trading Ring, Bandra Kurla Complex, Rotunda Building, P.J.Towers, Bandra (E),Mumbai – 400 051 Dalal Street, Fort, Mumbai - 400 001. Tel :+91 22 26598235/36, 26598346 SCRIP CODE: 517059 Symbol: SALZERELEC
Dear Sirs,
Sub : Disclosure under Regulations 23(9) of SEBI (LODR) Regulations, 2015.
In terms of Reg.23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the Related Party Transactions, for the half year ended 31.03.2021.
The same is being posted in the Company's website www.salzergroup.com.
Please take the above on your record.
Thanking you
Yours faithfully For SALZER ELECTRONICS LIMITED
SANKARAN Digitally signed by SANKARAN BASKARASUBRAMANIAN DN: c=IN, o=Personal, pseudonym=a1f0970b14f7f3f1aa219a596ac23e84f34efed54da3871 BASKARASUBRAMANI 3c999d9ff09f00afc, postalCode=641025, st=TAMIL NADU, serialNumber=e1f7b6cb4e1ce4b8d175adde6dd2a24f6011a63e64d 8c989aec8b27be44a424a, cn=SANKARAN BASKARASUBRAMANIAN AN Date: 2021.07.16 18:15:33 +05'30'
S BASKARASUBRAMANIAN Director (Corporate Affairs) & Company Secretary (DIN :00003152 & FCS:4605) Encl : As above
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SALZER ELECTRONICS LTD
Regd. Office : Samichettipalayam, Jothipuram (Post) Coimbatore -641 047. CIN : L03210TZ1985PLC001535 Phone No.0422-4233600/ 614/696 E-Mail : [email protected] web site : https://www.salzergroup.net/
Compliance under Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Disclosure of Related Party Transactions on a consolidated basis, in the format specified in the accounting standards for the period ended March 31, 2021
- List of Related Parties :
| 1. List of Related Parties : | |
|---|---|
| Name of the Related Party | Relationship |
| M/s.Kaycee Industries Ltd | Subsidiary company |
| Mr. R.Doraiswamy (Managing Director) Mr. D.Rajeshkumar (Joint Managing Director & Chief Financial Officer) Mr. P.Ramachandran (Whole Time Director) Mr. S.Baskarasubramanian (Director (Corporate Affairs) & Company Secretary |
Key Managerial Personnel |
| Dr. Thilagam Rajeshkumar (Non-Executive & Non Independent Director) – Spouse of Mr.D.Rajeshkumar, Jt MD & CFO Mr. Vishnu Doraiswamy (Non-Executive & Non Independent Director) Son of Mr.R.Doraiswamy, MD and Brother of Mr.D.Rajeshkumar, Jt MD & CFO |
Other Related Parties – Board member relative to Key Managerial Personnel |
| M/s.Salzer Exports Ltd M/s.Salzer Spinners Ltd M/s.SRVE Industries M/s.K R Health Care Pvt Ltd M/s.SRVE Industries Ltd M/s.KR Pharmacy |
Other Related Parties Enterprises Owned or significantly influenced by Key Managerial Personnel or their relatives |
| M/s.Salzer Educational Medical Research Trust | Trust under common control |
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SALZER ELECTRONICS LTD
Regd. Office : Samichettipalayam, Jothipuram (Post) Coimbatore -641 047. CIN : L03210TZ1985PLC001535 Phone No.0422-4233600/ 614/696 E-Mail : [email protected] web site : https://www.salzergroup.net/
- Details of transactions with related parties carried out in the ordinary course of business:
| Rs. in lakhs | Rs. in lakhs | Rs. in lakhs | ||||
|---|---|---|---|---|---|---|
| Oct 2020- March 2021 | Oct 2019- March 2020 | |||||
| Particulars | Other Related Parties |
Key Managerial Personnel |
Subsidiary Company |
Other Related Parties |
Key Managerial Personnel |
Subsidiary Company |
| Purchase of goods | 72.25 | - | 0.34 | 6.75 | - | - |
| Sale of goods | 1243.26 | - | 147.75 | 1236.00 | - | - |
| Purchase of Fixed Assets | 223.23 | - | - | 40.12 | - | - |
| Sale of Fixed Assets | - | - | - | - | - | - |
| Rendering of Services | - | - | - | 273.03 | - | - |
| Receiving of Services | 172.02 | - | - | 10.75 | - | - |
| CSR spent through Trust | 18.73 | - | - | 3.56 | - | - |
| Voluntary Contribution to Trust | 1.20 | - | - | 4.63 | - | - |
| Sitting Fee | 1.20 | - | - | 0.60 | - | - |
| Managerial remuneration | - | 107.74 | - | - | 102.85 | - |
| Outstanding Payables | - | - | - | - | - | - |
| Outstanding Receivables | -301.60 | - | - | 210.65 | - | - |