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Skyline Millars Ltd Audit Report / Information 2021
63181_rns_2021-06-03_764a3b4e-61f3-492b-b54a-5eb953bc4332.pdf
Audit Report / Information
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3,a|une,2021,
To, The Manager - Listing Department The BSE Limited PhirozeJeej eebhoy Towers, Dalal Street, Mumbai - 400 001.
Reference: - Skyline Millars Limited BSE Code _ 505650
Dear Sir(s),
Pursuant to Regulation 23(9) of SEBI (Listing obligations and Disclosure Requirements) (Amendments) Regulations, 20L8, please find enclosed herewith disclosure of Related party Transactions for the year ended 31't March, 2021., drawn in accordance with applicable Accounting Standards.
We request you to kindly take the same on record.
Yours traly,
For Skyline Millars Limited
Encl.: as above
Sales Office : C/2, Skyline Welthspace, Gate No. 2, Skyline Oasis, Premier Road, Vidyavihar (w), Mumbai - 400 086. Tel. : (022) 2511 2194 | 95
| Notes forming part of the Financial Statements for the year ended 31st March, 2021 | (Rs. In Lakhs) | |
|---|---|---|
| Nature of Transactions / relationship | Year ended | Year ended |
| 31st March, 2021 | 31st March, 2020 | |
| Disclosure of related party transactions | ||
| 1 Sale of Pipes | ||
| Related Parties mentioned in (b) above | ||
| Glass Lined Equipment Co. Ltd | ||
| 2 Purchase of FSI | ||
| Related Parties mentioned in (b) above | ||
| Symphony | ||
| 3 Sale of Fixed Assets | ||
| Related Parties mentioned in (b) above | ||
| Ready Mix Concrete Ltd | ||
| 4 Rent expenses | ||
| Related Parties mentioned in (b) above | ||
| Glass Lined Equipment Co. Ltd | ||
| Ankit Overseas | 1.80 | 1.80 |
| 5 Power & Fuel expenses | ||
| Related Parties mentioned in (b) above | ||
| Glass Lined Equipment Co. Ltd | ||
| Ankit Overseas | ||
| 6 Electricity, Water & Maintenance charges | ||
| Related Parties mentioned in (b) above | ||
| Symphony | 0.79 | 1.62 |
| 7 Reimbursement of expenses | ||
| Key management personnel | ||
| Mr Maulik Dave | 0.84 | |
| Ankit Overseas | 0.45 | |
| 8 Sitting fees | ||
| Key management personnel | ||
| Mr Ashok Patel | ||
| Mr Tarak Patel | ||
| Mr Maulik Dave | ||
| Mr Jatin Daisaria | ||
| Mr Shilpin Tater | ||
| Mr Vinod N Joshi | 4.20 | 5.70 |
| Mr Upen Doshi | 4.20 | 5.70 |
| Mrs Soha Shirke | 1.77 | 1.80 |
| Mr Niranjan Jagtap | 3.99 | 5.40 |
| 9 Interest Paid to | ||
| Key management personnel | ||
| Mr Ashok Patel | ۰ | |
| Mr Maulik Dave | ||
| Mr Jatin Daisaria | ||
| Mr Shilpin Tater | ||
| Related Parties mentioned in (b) above | ||
| Millars Machinery Co. Pvt. Ltd. | ||
| Millars Concrete Technologies Pvt. Ltd. | ||
| 10 Loan Taken from | ||
| Key management personnel | ||
| Mr Ashok Patel | ٠ | u |
| Mr Maulik Dave | ||
| Mr Jatin Daisaria | ||
| Mr Shilpin Tater | i. |
| Notes forming part of the Financial Statements for the year ended 31st March, 2021 | (Rs. In Lakhs) |
|---|---|
| Millars Machinery Co. Pvt. Ltd. | |
| Millars Concrete Technologies Pvt. Ltd. | |
| 11 Loan Repaid to | |
| Key management personnel | |
| Mr Ashok Patel | |
| Mr Maulik Dave | |
| Mr Jatin Daisaria | |
| Mr Shilpin Tater | |
| Related Parties mentioned in (b) above | |
| Millars Machinery Co. Pvt. Ltd. | |
| Millars Concrete Technologies Pvt. Ltd. | |
| 12 Outstanding balances as on 31st March | |
| Trade and other receivables | |
| Related Parties mentioned in (b) above | |
| Ankit overseas | 0.98 |
| Trade and Other Payables | |
| Key management personnel | |
| Mr Ashok Patel | |
| Mr Maulik Dave | |
| Mr Jatin Daisaria | |
| Mr Shilpin Tater | |
| Related Parties mentioned in (b) above | |
| Millars Machinery Co. Pvt. Ltd. | |
| Millars Concrete Technologies Pvt. Ltd. | |
| Glass Lined Equipment Co. Ltd | |
| Ankit overseas |