Skyline Millars Ltd — Regulatory Filings 2020

Jul 17, 2020

SKYLINE MILLARS LIMITED

17[th] July, 2020

To,

The Manager – Listing Department

The BSE Limited PhirozeJeejeebhoy Towers, Dalal Street, Mumbai – 400 001.

Reference: - Skyline Millars Limited BSE Code – 505650

Dear Sir(s),

- Subject: Submission of Half yearly Disclosure on Related Party Transactions

Pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) (Amendments) Regulations, 2018, please find enclosed herewith disclosure of Related Party Transactions for the year ended 31[st] March, 2020, drawn in accordance with applicable Accounting Standards.

We request you to kindly take the same on record.

Yours truly,

For Skyline Millars Limited

NEELAM Digitally signed by NEELAM HARDIK SHAH HARDIK SHAH Date: 2020.07.17 16:09:22 +05'30'

Neelam Shah Company Secretary and Compliance Officer

Encl.: as above

Sales Office : C12, Skyline Welthspace, Gate No. 2, Skyline Oasis, Premier Road, Vidyavihar (w), Mumbai - 400 086. Tel. : (022) 2511 2194 / 95

Registered Office : Churchgate House, 4[th] Floor, 32-34, Veer Nariman Road, Fort, Mumbai - 400 001. Tel. :(022) 2204 7471 • www.skylnemillarsltd.com CIN : L63020MH1919PLC000640

(Rs. In Lakhs)

Notes forming part of the Financial Statements for the year ended 31st March, 2020

a) **b) **

Key Managerial Personnel : Mr Ashok Patel - Non Executive Director Mr Tarak Patel - Non Executive Director Mr Maulik Dave - Whole Time Director Mr Jatin Daisaria - Non Executive Director Mr Shilpin Tater - Non Executive Director Mrs Soha Shirke - Non Executive Director Entity controlled by Key Managerial Person or relatives of key managerial person Millars Machinery Co. Pvt. Ltd. Millars Concrete Technologies Pvt. Ltd. Glass Lined Equipment Co. Ltd Ready Mix Concrete Ltd Symphony Daisaria & associates Dave Builders Pvt Ltd Jascon Project Consultants Pvt Ltd PGD Land LLP Skyline Residency LLP Ankit Overseas Punjalal G Dave Realtors LLP Uttarak Enterprises Pvt Ltd Skyline Vision Private Ltd Supphire Associates Tata Fleur Jatin Dasaria Realtors Pvt Ltd Daisaria Homes D.S Enterprises Note 41 - Information on Related party transactions as required by IND AS 24 - ' Related Party Disclosures' for the year ended 31st March 2020

Notes forming part of the Financial Statements for the year ended 31st March, 2020

(Rs. In Lakhs)

1 2 3 4 5 6 7 8 9 **10 **	Nature of Transactions / relationship Year ended 31st March, 2020 Year ended 31st March, 2019	Nature of Transactions / relationship Year ended 31st March, 2020 Year ended 31st March, 2019	Nature of Transactions / relationship Year ended 31st March, 2020 Year ended 31st March, 2019
	Disclosure of related party transactions Sale of Pipes Related Parties mentioned in (b) above Glass Lined Equipment Co. Ltd Purchase of FSI Related Parties mentioned in (b) above Symphony Sale of Fixed Assets Related Parties mentioned in (b) above Ready Mix Concrete Ltd Rent expenses Related Parties mentioned in (b) above Glass Lined Equipment Co. Ltd Ankit Overseas Power & Fuel expenses Related Parties mentioned in (b) above Glass Lined Equipment Co. Ltd Ankit Overseas Electricity, Water & Maintenance charges Related Parties mentioned in (b) above Symphony Reimbursement of expenses Key management personnel Mr Maulik Dave Ankit Overseas Sitting fees Key management personnel Mr Ashok Patel Mr Tarak Patel Mr Maulik Dave Mr Jatin Daisaria Mr Shilpin Tater Mr Vinod N Joshi Mr Upen Doshi Mrs Soha Shirke Mr Niranjan Jagtap Interest Paid 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. Loan Taken from Key management personnel Mr Ashok Patel Mr Maulik Dave Mr Jatin Daisaria Mr Shilpin Tater	- - - - 1.80 - - 1.62 0.84 0.45 - - - - - 5.70 5.70 1.80 5.40 - - - - - - - - - -	- - - - 1.80 - - 0.81 0.51 - - - - - - 5.70 5.70 1.80 5.40 14.39 1.21 1.19 1.19 4.67 2.56 - 6.68 - -

Notes forming part of the Financial Statements for the year ended 31st March, 2020

(Rs. In Lakhs)

	11 **12 **	Related Parties mentioned in (b) above Millars Machinery Co. Pvt. Ltd. Millars Concrete Technologies Pvt. Ltd. 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. Outstanding balances as on 31st March Trade and other receivables Related Parties mentioned in (b) above Ankit overseas 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	- - - - - - - - 0.98 - - - - - - - -	62.47 32.20 130.00 16.68 10.00 10.00 63.97 32.20 0.18 - - - - - - - -