Semac Construction Limited — Regulatory Filings 2021

Jul 17, 2021

BSE Limited25th Floor, PJ Towers, Dalal Street,Mumbai – 400 001.	National Stock Exchange LimitedExchange Plaza, C-1 BlockG,Bandra Kurla Complex, Bandra, East
	Mumbai – 400 051.
Scrip Code: 505368	Scrip Code: REVATHI

Dear Sir/Madam, 17.07.2021

Sub: Disclosure of Related Party Transactions pursuant to 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, we hereby submit the Related Party Transactions on Consolidated basis for the half year ended 31st March, 2021, drawn in accordance with applicable Accounting Standards.

Kindly take the above into your records.

Yours faithfully,

For Revathi Equipment Limited

K.Maheswaran Company Secretary and Compliance Officer

Revathi Equipment Limited

331, Pollachi Road, Coimbatore - 641 050. India. Phone : 0422 - 2610851, 0422 - 6655100, Fax : 0422 - 6655199 CIN No.: L29120TZ1977PLC000780 E-mail: finance@revathi.in Website: www.revathi.in

a) List of related parties

i. Holding company

Renaissance Advanced Consultancy Ltd

ii. Subsidiary of the Holding Company Renaissance stocks limited

iii. Associates of the Company

• Semac Construction Technologies India LLP (SCTILLP), formerly known as Renaissance Construction Technologies India LLP (RCTILLP) (Assocciate w.e.f 31.03.2020)

iv. Key Management Personnel of the Company

Name	Status
Mr. Abhishek Dalmia	Executive Chairman
Ms. Deepali Dalmia	Director
Mr. Harivansh Dalmia	Director (w.e.f 01.04.2020)
Mr. B.V.Ramanan	Independent Director
Mr. Kishore Sidwani	Independent Director
Mr. V.V.Subramanian	Independent Director
Mr. R. Sudhir	Chief Financial Officer
Mr. K. Maheswaran	Company Secretary

v. Enterprises where Key managerial personnel or their relatives have significant influence:

SWBI Design Informatics Private Limited

Semac Construction Technologies India LLP (SCTILLP), formerly known as Renaissance Construction Technologies India LLP (RCTILLP) (Assocciate w.e.f 31.03.2020)

Hilltop Metals Ltd Radha Madhav Trust

b) The following transactions were carried out with related parties in the ordinary course of business:

			(Values in '000)
	Name of Related Party	Nature of Transaction	For the Period
Nature of Relationship			Oct-20 to Mar-21
	Mr. Abhishek Dalmia	Remuneration	4,077
		Commission	8,000
	Ms. Deepali Dalmia	Sitting fees	250
		Commission	500
	Mr. B.V.Ramanan	Sitting fees	270
	Mr. Kishore Sidwani	Sitting fees	220
Key Managerial Personnel		Commission	375
		Sitting fees	290
	Mr. V.V.Subramanian	Commission	375
	Mr. Harivansh Dalmia	Sitting fees	200
		Remuneration	2,003
	Mr. R. Sudhir - CFO	Professional Fees	333
	Mr. K. Maheswaran - CS	Remuneration	519
	Third Alpha LLP	Loan given to Third Alpha	50,000
		Loan repaid by Third Alpha	50,000
		Interest received	370
	Semac Construction Technologies IndiaLLP (SCTILLP)	Trade Receivable	3,557
		Trade Payable	5,572
Enterprises where Key managerialpersonnel or their relatives havesignificant influence:		Unsecured loans and advances taken	24,800
		Unsecured loans and advances repaid	24,800
	SWBI Design Informatics PrivateLimited	Office Rent, Maintenance, Power &Utility Payable (last year Debitbalance)	4,344
	Hilltop Metals Limited	Professional Charges ( Expenses)	2,429
	Radha Madhav Trust	Office Rent, Maintenance, Power &Utility Payable	3,313

c) Balances Outstanding at year end:

Nature of Relationship	Name of Related Party	Nature of Transaction	Oct-20 to Mar-21
Key Managereial Personnel	Sudhir Iyer	Professional Fees	39
Enterprises where Key managerialpersonnel or their relatives havesignificant influence	Semac Construction Technologies IndiaLLP (SCTILLP)	Trade Receivable	1,464
		Trade Payable	10,563
	SWBI Design Informatics PrivateLimited	Office Rent, Maintenance, Power &	41
		Utility Payable (last year Debit
		balance)
		Security Deposit for rent &	2,967
		maintenance recoverable (Debit
		balance)
	Hilltop Metals Limited	Trade Payable	3,898
	Radha Madhav Trust	Office Rent, Maintenance, Power &	-
		Utility Payable
		Security Deposit for rent &	2,194
		maintenance recoverable