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Skipper Limited Regulatory Filings 2021
61346_rns_2021-06-02_5df9e8ba-5c68-4a48-9450-a451c172ecb4.pdf
Regulatory Filings
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Date: 2 June 2021
The Manager The Manager National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Dalal Street Plot No. C/1, G Block Mumbai- 400 001 Bandra Kurla Complex, Bandra (E) Mumbai- 400 051
NSE Scrip Name- SKIPPER / BSE Scrip Code- 538562
Sub: Intimation under Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015: Disclosure of Related Party Transactions
Dear Sir,
In accordance with Regulation 23(9) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, please find enclosed herewith the disclosure of Related Party Transactions on consolidated basis for the half year ended 31 March 2021.
We request you to kindly take the same on record.
Thanking you,
Yours faithfully, For Skipper Limited
Manish Agarwal Company Secretary & Compliance Officer MANISH AGARWAL Digitally signed by MANISH AGARWAL Date: 2021.06.02 13:42:28 +05'30'
Encl: As above
Note: Please note that in accordance with SEBI Circular no. SEBI/HO/DDHS/DDHS_Div1/P/CIR/2021/557 dated 29 April 2021, this disclosure is digitally signed.
SKIPPER LIMITED
Regd. Office : 3A, Loudon Street, 1st Floor, Kolkata – 700 017 CIN: L40104WB1981PLC033408 Phone : 033 2289 2327 / 5731 / 5732, Fax : 033 2289 5733 E-mail : [email protected], Website : www.skipperlimited.com
Disclosure of related party transactions for half year ended 31 March 2021 on consolidated basis:
A. List of the related parties and relatives with whom transactions have taken place
- (1) Key Managerial Personnel's
- (a) Sri Sajan Kumar Bansal -Managing Director
- (b) Sri Sharan Bansal -Whole Time Director
- (c) Sri Devesh Bansal -Whole Time Director
- (d) Sri Siddharth Bansal -Whole Time Director
- (e) Sri Yash Pall Jain -Whole Time Director
- (f) Sri Amit Kiran Deb -Independent Director
- (g) Sri Joginder Pal Dua -Independent Director
- (h) Smt. Mamta Binani -Independent Director
- (i) Sri Ashok Bhandari -Independent Director (j) Sri Pramod Kumar Shah -Independent Director
- (2) Parties where Key Managerial Personnel along with their relatives have significant influence
- (a) Skipper Realties Limited
- (b) Skipper Telelink Limited
- (c) Ventex Trade Private Limited
- (d) Skipper Plastics Limited
- (e) Suviksit Investments Limited
- (f) Skipper Polypipes Private Limited
- (g) Vaibhav Metals Private Limited
- (h) Aakriti Alloys Private Limited
- (i) Samriddhi Ferrous Private Limited
- (j) Utsav Ispat Private Limited
- (k) Skipper Pipes Limited
- (l) Sheo Bai Bansal Charitable Trust
- (m) Skipper Foundation
- (n) S.K. Bansal Heritage Trust
- (o) S.K. Bansal Legacy Trust
- (p) S. K. Bansal Family Trust
- (q) S.K. Bansal Unity Trust
(3) Relatives of Key Managerial Personnel
-
(a) Smt. Meera Bansal -Wife of Sri Sajan Kumar Bansal
-
(b) Smt. Sumedha Bansal -Wife of Sri Sharan Bansal
-
(c) Smt. Reshu Bansal -Wife of Sri Devesh Bansal
-
(d) Smt. Shruti M Bansal -Wife of Sri Siddharth Bansal
-
(4) Other related parties (Joint Venture)
-
(a) Skipper-Metzer India LLP
B. The following transactions were carried out with the related parties:
| (Rs. in millions) | ||||||
|---|---|---|---|---|---|---|
| Sl. | Particulars | October 2020 to March 2021 | ||||
| No. | In relation to item | |||||
| A(1) | A(2) | A(3) | A(4) | |||
| (a) | Remuneration Paid/Provided | |||||
| Sri Sajan Kumar Bansal | 7.20 | - | - | - | ||
| Sri Sharan Bansal | 6.00 | - | - | - | ||
| Sri Devesh Bansal | 6.00 | - | - | - | ||
| Sri Siddharth Bansal | 6.00 | - | - | - | ||
| Sri Yash Pall Jain | 2.25 | - | - | - | ||
| (b) | Rent Paid/Provided | |||||
| Sri Sajan Kumar Bansal | 0.18 | - | - | - | ||
| Skipper Realties Limited | - | 2.56 | - | - | ||
| Suviksit Investments Limited | - | 0.45 | - | - | ||
| Skipper Polypipes Private | - | 0.0072 | - | - | ||
| Limited | ||||||
| Skipper Telelink Limited | - | 0.0210 | - | - | ||
| Skipper Plastics Limited | - | 1.50 | - | - | ||
| Smt. Sumedha Bansal | - | - | 0.153 | - | ||
| (c) | Interest Paid/Provided | |||||
| Sri Sajan Kumar Bansal | 3.60 | - | - | - | ||
| Sri Sharan Bansal | 0.70 | - | - | - | ||
| Sri Devesh Bansal | 0.39 | - | - | - | ||
| Sri Siddharth Bansal | 0.67 | - | - | - | ||
| Skipper Plastics Limited | - | 0.41 | - | - | ||
| Ventex Trade Private Limited | - | 0.02 | - | - | ||
| (d) | Sitting Fees paid/provided | |||||
| Sri Amit Kiran Deb | 0.15 | - | - | - | ||
| Sri Joginder Pal Dua | 0.12 | - | - | - | ||
| Smt. Mamta Binani | 0.09 | - | - | - | ||
| Sri Ashok Bhandari | 0.14 | - | - | - | ||
| Sri Pramod Kumar Shah | 0.08 | - | - | - | ||
| (e) | Donation given for CSR Purpose | |||||
| Sheo Bai Bansal Charitable | - | 2.60 | - | - | ||
| Trust | ||||||
| Skipper Foundation | - | 10.74 | - | - |
(Rs. in millions)
| Sl. | Particulars | October 2020 to March 2021 | |||||
|---|---|---|---|---|---|---|---|
| No. | In relation to item | ||||||
| A(1) | A(2) | A(3) | A(4) | ||||
| (f) | Loan taken | ||||||
| Sri Sajan Kumar Bansal | 5.00 | - | - | - | |||
| Sri Sharan Bansal | - | - | - | - | |||
| Sri Devesh Bansal | 2.60 | - | - | - | |||
| Sri Siddharth Bansal | - | - | - | - | |||
| Skipper Plastics Limited | - | 32.30 | - | - | |||
| Ventex Trade Private Limited | - | - | - | - | |||
| (g) | Loan Refunded | ||||||
| Sri Sajan Kumar Bansal | 48.40 | - | - | - | |||
| Sri Sharan Bansal | 5.50 | - | - | - | |||
| Sri Devesh Bansal | 3.30 | - | - | - | |||
| Sri Siddharth Bansal | 3.20 | - | - | - | |||
| Skipper Plastics Limited | - | 24.00 | - | - | |||
| Ventex Trade Private Limited | - | 0.20 | - | - | |||
| (h) | Sale of Assets | ||||||
| S. K Bansal Heritage Trust | - | 15.89 | - | - | |||
| S. K Bansal Legacy Trust | - | 15.89 | - | - | |||
| (i) | Payment received against Sale of Assets | ||||||
| S. K Bansal Heritage Trust | - | 15.89 | - | - | |||
| S. K Bansal Legacy Trust | - | 15.89 | - | - | |||
| (j) | Amount received against assignment of Trade Receivables (Net of charges) | ||||||
| Skipper Plastics Limited | - | 19.38 | - | - | |||
| Ventex Trade Private Limited | - | 26.31 | - | - | |||
| (k) | Assignment Charges paid | ||||||
| Skipper Plastics Limited | - | 14.20 | - | - | |||
| Ventex Trade Private Limited | - | 7.28 | - | - | |||
| (l) | Purchase of Assets | ||||||
| Skipper Realties Limited | - | 1.20 | - | - | |||
| Skipper Plastics Limited | - | 15.20 | - | - | |||
| (m) | Paid against Purchase of Assets | ||||||
| Skipper Realties Limited | - | 114.97 | - | - | |||
| Skipper Plastics Limited | - | 15.20 | - | - | |||
| (n) | Assignment of Trade Receivable | ||||||
| Ventex Trade Private Limited | - | 216.45 | - | - | |||
| (o) | Amount received against assignment of Trade Receivable | ||||||
| Ventex Trade Private Limited | - | 109.69 | - | - | |||
| (p) | Interest received (net of TDS) against Trade Receivable | ||||||
| Ventex Trade Private Limited | - | 3.01 | - | - | |||
| (q) | Expenses Paid | ||||||
| Ventex Trade Private Limited | - | 0.27 | - | - | |||
| (r) | Purchase of Goods | ||||||
| Skipper-Metzer India LLP | - | - | - | 0.81 | |||
| (s) | Advance given to Supplier | ||||||
| Skipper-Metzer India LLP | - | - | - | 10.00 |
| (t) | Amount refunded back by Supplier | |||||
|---|---|---|---|---|---|---|
| Skipper-Metzer India LLP | - | - | - | 10.00 | ||
| (u) | Commission on Corporate Guarantee given (net) | |||||
| Skipper-Metzer India LLP | - | - | - | 0.60 |
C. Balance Outstanding as at the balance sheet date:
| Sl. | Particulars | As at 31 March 2021 | ||||
|---|---|---|---|---|---|---|
| No. | In relation to item | |||||
| A(1) | A(2) | A(3) | A(4) | |||
| (a) | Loan | |||||
| Sri Sajan Kumar Bansal | 62.17 | - | - | - | ||
| Sri Sharan Bansal | 11.90 | - | - | - | ||
| Sri Devesh Bansal | 8.28 | - | - | - | ||
| Sri Siddharth Bansal | 12.55 | - | - | - | ||
| Skipper Plastics Limited | - | 11.25 | - | - | ||
| Ventex Trade Private Limited | - | 0.48 | - | - | ||
| (b) | Remuneration | |||||
| Sri Sajan Kumar Bansal | 0.65 | - | - | - | ||
| Sri Sharan Bansal | 0.60 | - | - | - | ||
| Sri Devesh Bansal | 0.55 | - | - | - | ||
| Sri Siddharth Bansal | 0.35 | - | - | - | ||
| Sri Yash Pall Jain | 0.24 | - | - | - | ||
| (c) | Sale of Goods- Trade Receivables | |||||
| Skipper-Metzer India LLP | - | - | - | 0.38 | ||
| (d) | Corporate Guarantee outstanding | |||||
| Skipper-Metzer India LLP | - | - | - | 480.00 | ||
| (e) | Investment | |||||
| Skipper-Metzer India LLP | - | - | - | 94.60 | ||
| (f) | Commission on Corporate Guarantee given (net) | |||||
| Skipper-Metzer India LLP | - | - | - | 1.80 | ||
| (g) | Receivable against Assignment of Trade Receivable | |||||
| Ventex Trade Private Limited | - | 109.77 | - | - | ||
| (h) | Security Deposit Paid | |||||
| Skipper Polypipes Private | - | 156.80 | - | - | ||
| Limited | ||||||
| Skipper Realties Limited | - | 287.00 | - | - | ||
| Skipper Telelink Limited | - | 463.60 | - | - |
For Skipper Limited
MANISH AGARWAL Digitally signed by MANISH AGARWAL Date: 2021.06.02 13:43:15 +05'30'
Manish Agarwal Company Secretary & Compliance Officer