Sterlite Technologies Limited. - Interim / Quarterly Report 2019

Sterlite Technologies Limited Godrej Millennium, 9, Koregoan Road, Pune 411 001, Maharashtra, India Phone: +91-20-30514000 Fax: +91-20-30514113 www.sterlitetech.com

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STERLITE TECHNOLOGIES LIMITED

Disclosure of Related Party transactions for half year ended March 31, 2019

(in accordance with the regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Amendments regulations, 2018)

(A) Name of related party and nature of its relationship:

(a) Related parties where control exists

(i) Holding company

Twin Star Overseas Limited, Mauritius (Immediate holding company) Volcan Investments Limited, Bahamas (Ultimate holding company)

(b) Other related parties under IND AS-24 "Related party disclosures" with whom transactions have taken place during the year

(i) Fellow Subsidiaries

Cairn India Holdings Ltd Sterlite Power Transmission Limited Twin Star Technologies Limited Sterlite Grid 1 Limited Twin Star Display Technologies Limited Vedanta Limited Fujairah Gold FZE Avan Strate Inc.

(ii) Joint ventures

Sterlite Conduspar Industrial Ltda (58:42 joint venture between Sterlite Technologies UK Ventures Limited and Conduspar Condutores Eletricos Limiteda)

Metis Eduventures Private Limited (21:79 joint venture between Sterlite Technologies Limited and Metis Eduventures Private Limited and other parties)

M.B Maanshaan Special Cables Co. Ltd (40:60 joint venture between Metallurgica Bresciana S.P.A & M.B Maanshaan Special Cables Co. Ltd)

(iii) Key management personnel (KMP)

Mr. Pravin Agarwal (Vice Chairman & Whole-time Director) Dr. Anand Agarwal (CEO & Whole-time Director) Mr. A. R. Narayanaswamy (Non executive & Independent Director) Mr. Arun Todarwal (Non executive & Independent Director) Mr. Sandip Das (Non executive & Independent Director) Mr Pratik Agarwal (Non executive Director) Mr. Kumud Srinivasan (Non executive & Independent Director) (from 22 May 2018)

Registered Address: E1, MIDC Area, Waluj, Aurangabad ‐ 431136, Maharashtra, INDIA. CIN ‐ L31300MH2000PLC269261

Sterlite Technologies Limited Godrej Millennium, 9, Koregoan Road, Pune 411 001, Maharashtra, India Phone: +91-20-30514000 Fax: +91-20-30514113 www.sterlitetech.com

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(iv) Relative of key management personnel

Mr. Ankit Agarwal

(v) Entities where key management personnel / relatives of key management personnel have significant influence (EKMP)

Universal Floritech LLP Sterlite Tech Foundation

(c) Additional related parties as per Companies Act, 2013 with whom transactions have taken place during the year
(i) Key management personnel (KMP)

Mr. Anupam Jindal (Chief Financial Officer) Mr. Amit Deshpande (Company Secretary)

(B) The transactions with related parties during the half year ended March 31, 2019 are as follows:-

(Rs. in crores)

						(Rs. in crores
S.No.	Particulars	JointVentures	HoldingCompany	KMP	Relative ofKMP	FellowSubsidiaries/EKMP
		31 March2019	31 March2019	31 March2019	31 March2019	31 March2019
	Transactions
1	Remuneration	-	-	13.06	1.23	-
2	Sitting Fees	-	-	0.18	-	-
3	Consultancy	-	-	0.23	-	-
4	Investment during theyear	5.00	-	-	-	-
5	Loans and advancesgiven	-	-	-	-	3.28
6	Repayment of loans	-	-	-	-	3.09
7	Interest charged onloans	-	-	-	-	1.29
8	Interest payable onloans	-	-	-	-	0.35
9	Management feesreceived	-	-	-	-	13.24
10	Management fees paid	-	-	-	-	0.52

Registered Address: E1, MIDC Area, Waluj, Aurangabad ‐ 431136, Maharashtra, INDIA. CIN ‐ L31300MH2000PLC269261

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