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Swan Corp Limited Audit Report / Information 2021
63805_rns_2021-07-21_4e22814f-85d8-4e13-b7bb-9663e9762005.pdf
Audit Report / Information
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e)11Jan @ne1?JI' ~imitea
(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
2pt July, 2021
Dept. of Corporate Compliances, National Stock Exchange Limited, Exchange Plaza, Plot No. Cll, G Block, Bandra -K UJ'la Compl~x, B<tndr<t-east, Mumbai - 400 051
Listing Department Bombay Stock Exchange Limited P.J. Tower, Dalal Street, Fort Mumbai - 400 001
Scrip Code: 503310 (BSE') & SWANENERGY (NSE)
Dear Sir,
Sub: Intimation pursuant to Regulation 23(9) of SEBI (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 5t March, 2021.
This is for your information and record please.
Thanking you,
Yours faithfully,
For Swan Energy Limited
(Arun S. Agrawal) Company Secretary
Notes to the Standalone Financial Statement for year ended March 31, 2021
40 Related Party Disclosures, as required by Ind AS 24 are given below:
A list of Related Parties
| Sr No. | Name of the parties | Relationship | |||||
|---|---|---|---|---|---|---|---|
| i) | Cardinal Energy And Infrastructure Private Limited | ||||||
| ii) | Pegasus Venture Private Limited | ||||||
| iii) | Swan LNG Private Limited | ||||||
| iv) | Triumph Offshore Private Limited | Subsidiary | |||||
| v) | Swan Desilting Private Limited | ||||||
| vi) | Swan Global PTE | ||||||
| vii) | Mr.Navinbhai C. Dave - Chairman | ||||||
| viii) | Mr. Nikhil V. Merchant - Managing Director | ||||||
| ix) | Mr. Paresh V. Merchant - Executive Director | ||||||
| x) | Mr. Padmanabhan Sugavanam - Director | Key Management Personnel | |||||
| xi) | Mr.Chetan Selarka - Chief Financial Officer | ||||||
| xii) | Mr.Arun Agarwal - Company Secretary | ||||||
| xiii) | Mr. Bhavik N. Merchant | ||||||
| xiv) | Mr. Vivek P. Merchant | Relative of Key Management Personnel | |||||
| xv) | Good Earth Commodities (India) Private Limited | ||||||
| xvi) | Feltham Trading Pvt Ltd | ||||||
| xvii) | Ami Tech (india) Private Limited | ||||||
| xviii) | Altamount Estates Private Limited | ||||||
| xix) | Sadavir Trading Private Limited | Enterprise over which Key Management | |||||
| xx) | Dave Impex India Pvt. Ltd | Personnel is able to exercise significant | |||||
| xxi) | Swan Engitech Works Pvt. Ltd. | influence | |||||
| xxii) | Swan Realtors Pvt. Ltd. | ||||||
| xxiii) | Swan International Limited | ||||||
| xxvi) | Swan Mills Limited | ||||||
| xxv) | Storms oft Technologies Private Limited |
For SWAN ENERGY LIMITE"
ETARY
Swan Energy Limited
Notes to the Standalone Financial Statement for year ended March 31, 2021
40 B {i) Transaction during the year Apr'2.0-M ar'21 with related parties
| Sr No. | Name of the Company | Opening | Opening Balance Dr Balance Cr |
Remuneration Rent Paid/ Paid |
Booked | Advance Given |
Investment in Equity Shares |
Investment in Preference Shares |
Advance received back |
Advance taken |
Advance | Closing paid back Balance Dr |
Closing Balance Cr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| I) | Cardinal Energy & Infrastructure Private Limited | - | 9,729.55 | - | - | - | - | - | - | 1,214.27 | 1,722.45 | - | 9,221.37 |
| il) | Pegasus Venture Private Limited | - | 4,403.23 | 350.11 | 2,071.12 | 2,632.27 | |||||||
| iii} | Swan LNG Private Limited | 24,058.84 | - | - | - | 3,233.66 | - | 12,930.00 | 12,843.87 | - | - | 1,518.63 | - |
| iv} | TriurTlfJI1 Orr~llure Privale Llrrrileu | 754.09 | - | - | - | 11,074.78 | - | 11,130.00 | 441.46 | · | · | 257.41 | - |
| v} | Swan Desilting rrivate Limited | lUI) | - | - | - | 0.01 | - | - | - | - | 11M | - | |
| vi} | Swan Global rTE | !j.19 | - | - | - | · | - | · | - | - | · | ~.19 | · |
| vii} | Mr. Nikhil Merchant | - | - | 91.57 | - | - | - | · | - | - | · | - | · |
| viii) | Mr. raresh Merchant | 0.1~ | · | 91.57 | 3.00 | · | - | - | - | - | - | - | - |
| ix} | Mr. Padmanabhan Sugavanam | - | · | 35.24 | - | - | - | · | - | · | - | - | - |
| x) | Mr.Chetan Selarka - Chief Financial Officer | - | - | 68.44 | · | · | - | - | · | - | - | - | · |
| xi) | Mr.Arull Agarwal- Company Seer elal y | - | - | 26.63 | - | - | - | - | - | · | - | - | - |
| xii} | Mr. Bhavik Merchant | · | · | 17.02 | - | - | - | · | - | - | · | - | · |
| xiii} | Mr. Vivek Merchant | - | - | 17.02 | · | · | - | · | · | · | · | · | · |
| xiv} | Good Earth Commodities (India) Private Limited | - | 364.55 | - | - | - | - | - | - | 370.00 | 63.75 | - | 670.80 |
| xv} | Feltham Trading Pvt Ltd | - | 0.89 | · | 1.80 | 0.10 | - | - | · | - | · | 0.82 | · |
| xvi} | Ami Tech (india) Private Limited | 42.54 | · | - | - | 552.21 | - | - | 594.75 | - | · | - | - |
| xVii) | Dave Impex India Pvt. Ltd | · | 400.00 | · | - | · | - | · | · | - | - | - | 400.00 |
| xviii} Altamount Estates Private Limited | · | 27.00 | · | 69.14 | 0.48 | - | · | 0.48 | - | · | · | · | |
| xix} | Sadavir Trading Private Limited | - | · | · | · | 1.03 | · | · | 1.03 | · | - | · | - |
| xx} | Swan Engitech Works Pvt. Ltd. | · | 301.27 | - | - | - | - | - | - | 121.00 | 200.00 | - | 222.27 |
| xxi} | Swan Realtors Pvt. Ltd. | · | 377.38 | · | · | · | - | · | · | 115.00 | · | · | 492.38 |
| xxii} Swan International Limited | 0.40 | - | · | · | 0.10 | · | · | 0.50 | · | · | · | - | |
| xxiii) Swan Mills Limited | 4.64 | - | · | - | 0.05 | - | - | - | · | · | 4.69 | - | |
| xxiv} Stormsoft Technologies Private Limited | - | · | - | - | - | · | - | - | 800.00 | 46.00 | - | 754.00 | |
| Total | 24,877.33 | 15,603.92 | 347.49 | 73.94 | 14,862.42 | - | 24,060.00 | 13, 882.09 |
2,970.38 | 4,103.32 | 1,798.22 | 14,443.09 |
For SWAN ENERGY LIMITED
ETARY
in Lakhs)