SRF Ltd. — Interim / Quarterly Report 2021

Jun 2, 2021

The Corporate Relationship Department,BSE LimitedIst Floor , New Trading Ring RotundaBuilding, P.J. TowersDalal Street,Mumbai 400 001	National Stock Exchange of India Limited"Exchange Plaza"Bandra-Kurla ComplexBandra (E)Mumbai 400 051
Scrip Code-503806	Scrip Code-SRF

SRF/SEC/BSE/NSE

2 nd June, 2021

Dear Sir,

Sub: Disclosure of Related Party Transactions

Please find enclosed the disclosure on Related Party Transactions of SRF Limited on standalone and consolidated basis and balances for the half year ended March 31, 2021.

This disclosure is being made in compliance with Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Thanking you,

Yours faithfully,

For SRF LIMITED

RAJAT LAKHANPAL VP (CORPORATE COMPLIANCE) & COMPANY SECRETARY

Encl: As above

SRF LIMITED Block-C Sector'45 Gurugram 122 003 Haryana India Tel: +91-124—4354400 Fax: +91-124—4354500 E-mail: info@srf.com Website : www.srf.com Regd. Office: Unit No. 236 Sr 237, 2nd Floor DLF Galleria, Mayur Plate Noida Link Road Mayur Vihar Phase 1 Extension Delhi 110091

Standalone Related Party Disclosures for the half Year ended March 31, 2021

SRF Ltd's related parties primarily consists of its Fellow subsidiaries, Holding Company, Enterprises over which KMP have significant influence, Post employment benefits trust, Key Managerial Personnel (KMP) and their relatives, Key Managerial Personnel (KMP) of Holding company and their relatives and Enterprises over which relative of KMP has control. SRF Ltd enters into transactions with these related parties in the ordinary course of business at market rates and terms.

The following table summarises the related party transactions and balances as per the requirements of IND AS 24 ' Related Party Disclosures'.

											Amount in Rs. Crores
Nature of transactions	HoldingCompany	Subsidiaries	FellowSubsidiaries	Key ManagerialPersonnel	Enterprises over whichKMP have significantinfluence	Post employmentbenefit plans trust	Relatives of KMP	KMP of HoldingCompany	Relatives of KMP ofHolding Company	Enterprises overwhich relative ofKMP has control	Grand total
Sale of goods	-	14.31	-	-	-	-	-	-	-	-	14.31
Purchase of goods	-	11.22	-	-	-	-	-	-	-	-	11.22
Sale of property, plant & equipment and intangible assets	-	1.94	-	-	-	-	-	-	-	-	1.94
Services rendered	-	4.93	-	-	-	-	-	-	-	-	4.93
Receiving of services	-	-	-	-	0.06	-	-	-	-	-	0.06
Rent Paid	-	0.03	3.30	0.13	0.13	-	-	-	-	-	3.59
Reimbursement of expenses from	0.01	0.88	0.02	-	-	-	-	-	-	-	0.92
Loan given	-	617.48	-	-	-	-	-	-	-	-	617.48
Interest received	-	0.39	-	-	-	-	-	-	-	-	0.39
Contribution for expenditure on corporate social responsibility	-	-	-	-	3.18	-	-	-	-	-	3.18
Contribution made during the year	-	-	-	-	-	13.71	-	-	-	-	13.71
Equity dividend paid	57.10	-	-	0.09	-	-	0.05	*	**	***	57.24
Guarantees issued / renewed	-	109.46	-	-	-	-	-	-	-	-	109.46
Guarantees run-down / released	-	791.35	-	-	-	-	-	-	-	-	791.35
Managerial Remuneration	-	-	-	15.59	-	-	-	-	-	-	15.59
Outstanding Balances
Outstanding Receivables	-	11.47	-	-	-	-	-	-	-	-	11.47
Outstanding Payable	-	9.03	-	-	-	4.53	-	-	-	-	13.56
Interest receivable	-	0.39	-	-	-	-	-	-	-	-	0.39
Commission provided	-	-	-	12.84	-	-	-	-	-	-	12.84
Security deposits outstanding	-	0.02	3.27	0.13	0.14	-	-	-	-	-	3.56
Equity Investment outstanding	-	83.60	-	-	-	-	-	-	-	-	83.60
Loans outstanding	-	610.45	-	-	-	-	-	-	-	-	610.45
Guarantees outstanding	-	1,960.15	-	-	-	-	-	-	-	-	1,960.15

* Amount in absolute is Rs 133

** Amount in absolute is Rs 190

*** Amount in Absolute is Rs. 19448

For SRF Limited

Rahul Jain President & CFO Date: 02/06/2021

Consolidated Related Party Disclosures for the half Year ended March 31, 2021

SRF Ltd's related parties primarily consists of its Fellow subsidiaries, Holding Company, Enterprises over which KMP have significant influence, Post employment benefits trust, Key Managerial Personnel (KMP) and their relatives, Key Managerial Personnel (KMP) of Holding company and their relatives and Enterprises over which relative of KMP has control. SRF Ltd enters into transactions with these related parties in the ordinary course of business at market rates and terms. Transactions and balances between Company, its subsidiaries and step down subsidiaries are eliminated on consolidation.

The following table summarises the related party transactions and balances as per the requirements of IND AS 24 ' Related Party Disclosures'.

										Amount in Rs. Crores
Nature of transactions	HoldingCompany	fellowSubsidiaries	Key ManagerialPersonnel	Enterprises over whichKMP have significantinfluence	Post employmentbenefit plans trust	Relatives of KMP	KMP of HoldingCompany	Relatives of KMP ofHolding Company	Enterprises overwhich relative ofKMP has control	Grand total
Rent Paid	-	3.30	0.13	0.13	-	-	-	-	-	3.56
Receiving of services	-	-	-	0.06	-	-	-	-	-	0.06
Reimbursement of expenses from	0.01	0.02	-	-	-	-	-	-	-	0.03
Contribution for expenditure on corporate social responsibility	-	-	-	3.18	-	-	-	-	-	3.18
Contribution made during the year	-	-	-	-	13.71	-	-	-	-	13.71
Equity dividend paid	57.10	-	0.09	-	-	0.05	*	**	***	57.24
Managerial Remuneration	-	-	15.59	-	-	-	-	-	-	15.59
Outstanding Balances
Commission provided	-	-	12.84	-	-	-	-	-	-	12.84
Outstanding Payable	-	-	-	-	4.53	-	-	-	-	4.53
Security deposits outstanding	-	3.27	0.13	0.14	-	-	-	-	-	3.54

* Amount in absolute is Rs 133

** Amount in absolute is Rs 190

*** Amount in Absolute is Rs. 19448

For SRF Limited

Rahul Jain President & CFO Date: 02/06/2021