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Swan Corp Limited Audit Report / Information 2021
63805_rns_2021-07-29_dc9121d0-68ea-4ec3-941a-e3dda8ed9791.pdf
Audit Report / Information
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(Formerly Swan Mills Limited)
6, Feltham House, 2nd Floor, 10 J. N. Heredia Marg, Ballard Estate, Mumbai 400001 . Tel.: 022-4058 7300 • Fax: +91-22-40587360· Email: [email protected] CIN. Ll7100MH1909PLC000294
Swanlnselbse
t - ::::::£20::
29th July, 2021
Dept. of Corporate Compliances, National Stock Exchange Limited, Exchange Plaza, Plot No. CIl, G Block, Bandra -Kurla Complex, Bandra-east, Mumbai - 400 051
Listing Department Bombay Stock Exchange Limited P.l Tower, Dalal Street, Fort Mumbai - 400 001
Scrip Code: 503310 (BSE) & SWANENERGY (NSE)
Dear Sir,
Sub: Intimation pursuant to Regulation 23(9) of SED} (LODR) 2015:
Dear Sir,
Pursuant to Regulation 23 (9) of SEBI (LODR) 2015, please find encloased herwtih the disclosure on Related Party Transactions on a consolidated basis for the year ended 31 st March, 2021.
This is for your information and record please.
Thanking you,
Yours faithfully,
For Swan Energy Limited
(Arun S. Agrawal) Company Secretary
Swan Energy limited
Notes to the Consolidated Financial Statement for Year ended March 31, 2021 43 Related Party Disclosures, as required by Ind AS 24 are given below:
Sr No. Name of the parties Relationship i) Mr.Navinbhai C. Dave - Chairman ii) Mr. Nikhil V. Merchant - Managing Director iii) Mr. Paresh V. Merchant - Executive Director iv) Mr. Padmanabhan Sugavanam ~ Director Key Management Personnel v) Mr.Chetan Selarka - Chief Financial Officer vi) Mr.Arun Agarwal- Company Secretary vii) Mr. Bhavik N. Merchant - Relative of Key Management Personnel viii) Mr. Vivek P. Merchant ix) Good Earth Commodities (India) Private Limited x) Feltham Trading Pvt Ltd xi) Ami Tech (India) Private Limited xii) Altamount Estates Private Limited xiii) Swan Constructions Private Limited xiv) Da-ve Impex India Pvt. Ltd xv) Dave Leasing And Holding Private Limited Enterprise over which Key Management xvi) Swan Engitech Works Pvt. Ltd. Personnel is able to exercise significant xvii) Swan Realtors Pvt. Ltd. influence xviii) Swan International Limited xix) Gazdar Bandh Developers Private Limited xx) Sadavir Trading Private Limited xxi) Swan Mills Limited xxii) Stormsoft Technologies Private Limited xxiii) Gujarat Maritime Board ('GMB")
A List of Related Parties
For SWAN ENERGY LIMITED
COMPANY SECRETARY
Swan Energy limited
Notes to the Consolidated Financial Statement for Year ended March 31, 2021
| 43 B (i) | Transaction during the year Apr'20-Mar'21 with related parties | (~in Lakhs) |
|---|---|---|
| ---------- | ---------------------------------------------------------------- | ------------- |
| Sr No. | Name of the Company | Opening | Opening Balance Dr Balance Cr |
Remuneration Rent Paid/ Paid |
Booked | Advance Given |
Advance received back |
Advance taken |
Advance | Closing paid back Balance Dr Balance Cr |
Closing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I) | Mr. Nikhil Merchant | - | - | 91.S7 | - | - | - | - | - | - | - |
| ii) | Mr. Paresh Merchant | 0.15 | - | 91.S7 | 3.00 | - | - | - | - | - | - |
| iii) | Mr. Padmanabhan Sugavanam | - | - | 35.24 | - | - | - | - | - | - | - |
| Iv) | Mr.Chetan Selarka - Chief Financial Officer |
- | - | 68.44 | - | - | - | - | - | - | - |
| v) | - Mr.Arun Agarwal - Company Secretary |
- | - | 26.63 | - | - | - | - | - | - | - |
| vi) | Mr. Bhavik Merc;hant | - | - | 17.02 | - | - | - | - | - | - | - |
| vii) | Mr. Vivek Merchant | - | - | 17.02 | - | - | - | - | - | - | - |
| viii) | Good Earth Commodities (India) Private Limited | - | 364.55 | - | - | - | - | 370.00 | 63.75 | - | 670.80 |
| ix) | Feltham Trading Pvt Ltd | - | 0.89 | - | 1.80 | 0.10 | - | - | - | 0.82 | |
| x) | Ami Tech (India) Private Limited | - | 1,657.46 | - | - | 552.21 | 594.75 | - | 235.00 | - | 1,465.00 |
| xi) | Dave Impex India Pvt. Ltd | - | 400.00 | - | - | - | - | 43.00 | - | - | 443.00 |
| xii) | Dave Leasing And Holding Private Limited | - | - | - | - | - | - | 57.00 | - | - | 57.00 |
| xiii) | Altamount Estates Private Limited | - | 26.90 | - | 69.14 | 104.68 | 104.78 | - | - | - | - |
| xiv) | Swan Constructions Private Limited | 30.34 | - | - | - | - | - | - | - | 30.34 | - |
| xv) | Swan Engitech Works Pvt. Ltd. | - | 301.27 | - | - | - | - | 121.00 | 200.00 | - | 222.27 |
| xvi) | Swan Realtors Pvt. Ltd. | - | 377.38 | - | - | - | - | 115.00 | - | - | 492.38 |
| xvii) | Swan International Limit~d | 0.40 | - | - | - | 0.10 | 0.50 | - | - | - | - |
| xviii) Gazdar Bandh Developers Private Limited | 18.10 | - | - | - | 75.39 | - | - | - | 93.49 | - | |
| xix) | Sadavir Trading Private Limited | 0.58 | - | - | 22.00 | 2.03 | 2.61 | - | - | - . | - |
| xx) | Swan Mills Limited | 4.64 | - | - | - | 0.05 | - | - | - | 4.69 | - |
| xxi) | Stormsoft Technologies Private Limited | - | 1,200.00 | - | - | - | - | 800.00 | 394.00 | - | 1,606.00 |
| xxii) | Gujarat Madtime Board | - | - | - | 295.60 | - | - | - | - | - | - |
| Total | 54.21 | 4,328.45 | 347.49 | 391.54 | 734.56 | 702.64 | 1,506.00 | 892.75 | 129.34 | 4,956.45 |
For SWAN ENERGY LIMITED
COMPANY SECRETARY