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SPEL Semiconductor Ltd. — Regulatory Filings 2020
Dec 3, 2020
60798_rns_2020-12-03_acd4a74b-d95e-44d1-a1cd-6e148a4ed06a.pdf
Regulatory Filings
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SPEL Semiconductor Limited an IC Assembly & Test Company
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Department of Corporate Services, Phiroze Jeejeebhoy Towers Dalal Street, Fort, Mumbai- 400 001.
Dear Sirs,
Sub: Filing of Related Party Transactions-“RTP”-31-03-2020-(Scrip Code : 517166)
With reference to the captioned subject, PFA a file containing the image of RTP details pursuant to Regulation 23(9) of SEBI (LODR) 2015 which may please be taken on record.
Kindly acknowledge receipt.
Thanking you Yours faithfully for SPEL Semiconductor Limited S/d. D. Balakrishnan Whole Time Director
Encl:As above
US Sales Office
Registered Office & Factory 5 CMDA Industrial Estate MM Nagar (Chennai) 603 209, India Ph : 91 (44) 4740 5300 Fax : 91 (44) 4740 5303 / 5404
4030 Moorpark Ave # 236 San Jose, CA 95117, USA Ph : 1 (408) 512 - 1005
CIN ; L32201TN1984PLC011434 eMail : [email protected] Website : www.spel.com
SPEL Semiconductor Limited an IC Assembly & Test Company
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Related Party Disclosure:
As per the Indian Accounting Standard on “Related Party Disclosures” (Ind AS 24), the related parties are as follows:
a) List of Parties where control exists
Ultimate Holding Company:
Natronix Semiconductor Technology Private Limited
Subsidiary Company:
b) Other Related Parties
Fellow Subsidiary:
Natronix Semiconductor Technology Private Limited
Key Managerial Personnel:
Mr. D. Balakrishnan, CEO and Whole Time Director Mr. V Ravichandran, Chief Financial Officer Mr. S S Arunachalam, Company secretary Significant Related Party Transactions: As at March 31, 2020 As at Sep 30, 2019 a) List of parties where control exists Rs. in Lakhs Rs. in Lakhs Ultimate Holding company - Natronix Semiconductor Technology Pvt. Limited a. Business Promotion - Marketing fee 93.70 46.00 b. Trade payable 411.46 362.08 b) Subsidiary company - Spel America Inc. a. Business Promotion - Marketing fee - 0 b. Trade payable - 37.87 c) Fellow subsidiaries - Natronix Semiconductor Technology Limited a. Sale of goods - 0 b. Trade receivable - 0.37 d) Key management personnel Mr. D Balakrishnan, CEO and Director Remuneration 23.52 22.29 payable 1.78 8.33 Mr.V.Srinivasan, Chief Financial Officer Remuneration 4.74 11.65 Payable Nil 3.81 Mr.V.Ravichandran, Chief Financial Officer
Registered Office & Factory CIN : L32201TN1984PLC011434 US Sales Office 5 CMDA Industrial Estate 4030 Moorpark Ave # 236 MM Nagar (Chennai) 603 209, India San Jose, CA 95117, USA eMail : [email protected] Ph : 91 (44) 4740 5300 Ph : 1 (408) 512 - 1005 Fax : 91 (44) 4740 5303 / 5404 Website : www.spel.com
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SPEL Semiconductor Limited an IC Assembly & Test Company
Remuneration 4.58 Nil Payable Nil Nil Remuneration 8.58 12.78 Payable Nil 5.59
Mr S S Arunachalam, Company Secretary
For SPEL Semiconductor Limited,
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[D. Balakrishnan] Director and Chief Executive Officer
CIN : L32201TN1984PLC011434 eMail : [email protected]
US Sales Office 4030 Moorpark Ave # 236 San Jose, CA 95117, USA Ph : 1 (408) 512 - 1005
Registered Office & Factory 5 CMDA Industrial Estate MM Nagar (Chennai) 603 209, India Ph : 91 (44) 4740 5300 Fax : 91 (44) 4740 5303 / 5404
Website : www.spel.com