Symphony Limited — Interim / Quarterly Report 2021

May 22, 2021

May 21, 2021

To, BSE Limited Security Code – 517385 To, National Stock Exchange of India Limited Symbol ‐ SYMPHONY

Sub.: Disclosure of Related Party Transaction for the half year ended March 31, 2021

Dear Sir,

Pursuant to Regulation 23 (9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith disclosure of Related Party Transactions on a standalone and consolidated basis for the half year and financial year ended March 31, 2021.

Please note that such details of related party transactions will also be available on the Company's website www.symphonylimited.com.

Kindly take the above on your record.

Thanking you,

Yours Truly, For, Symphony Limited

MAYUR C BARVADIYA Digitally signed by MAYUR C BARVADIYA Date: 2021.05.22 11:09:35 +05'30'

Mayur Barvadiya Company Secretary

Encl. As above

Standalone Related Party Transactions for the half year and year ended March 31, 2021

(₹ in Crores)

Sr.no.	Name of theRelated Parties	Nature ofrelationshipwith company	Nature of transaction	Volume oftransactionsduring halfyear ended31-03-2021	Volume oftransactionsduring yearended31-03-2021	Balanceat the endof the year
1	Symphony AU Pty. Limited	Subsidiary in whichCompany holds95%	Investment in Capital	-	-	97.47
2	IMPCO S DE RL DE C V.,Mexico		Investment in Capital	-	-	0.00
3	Symphony ClimatizadoresLtda		Investment in Capital	-	-	0.09
4	IMPCO S DE RL DE C V.,Mexico		Software chargesrecovered/Receivable	0.02	0.04	-
5	IMPCO S DE RL DE C V.,		Sale of Goods/Receivable	9.57	9.95
	Mexico		Sale of Assets	-	0.01	9.57
6	Guangdong SymphonyKeruilai Air Coolers Co.Limited	Subsidiary / Entitycontrolled by	Sale of Goods/Receivable	-	-	0.00
		Holding Company	Purchase ofGoods/Receivable	1.57	1.94
7	Guangdong SymphonyKeruilai Air Coolers Co.LimitedGuangdong Symphony		Guarantee Chargesrecovered	0.07	0.20
			R&D Material Exps.	-	-	1.87
			Software charges recovered	0.02	0.04
			Loan Given/Receivable	27.52	42.45
8	Keruilai Air Coolers Co.Limited		Interest Income	1.08	1.26	43.54
			Sale of Goods	14.86	17.08
9	Climate Technologies Pty.Limited		Accounting Chargesrecovered	0.32	0.42	15.86
			Guarantee Chargesrecovered / Receivable	0.24	0.40
	Climate Technologies Pty.Limited	Subsidiary in whichCompany holds	Purchase of Goods	-	0.01
10			Purchase of Assets	-	1.50
			Software chargesrecovered/Receivable	0.05	0.10	0.03
		95%	Sale of Goods/Receivable	5.36	5.61
11	Bonaire USA, LLC		Consultancy-Othersrecovered	-	0.01	5.36
12	Symphony AU Pty. Limited		Guarantee Chargesrecovered / Receivable	0.41	0.77	0.21
	Symphony AU Pty. Limited		Loan Given/Receivable	-	-
13			Loan Received BackInterest Income	0.810.00	20.910.33	-
14	Symphony ClimatizadoresLtda	Subsidiary / Entity	Sale of Goods/Receivable	1.19	1.19	1.01
15	Symphony Climatizadores	controlled byHolding Company	Loan Given	-	0.74	1.94
	Ltda		Interest Income	0.04	0.07
16	Elephant Design PrivateLimited	Enterprise in whichDirector hassignificant influence	Consultancy Expense &reimbursement of TravellingExpense	0.30	0.35	-
17	Symphony AU Pty. Limited	Subsidiary in whichCompany holds95%	Corporate Guarantee givenin favour of StandardChartered Bank	-	-	153.67

Email: companysecretary@symphonylimited.com

Compensation of key management personnel

(₹ in Crores)

The remuneration of directors and other members of key management personnel during the half year and year ended 31.03.2021was as follows:

	Volume of transactionsduring half year ended 31-03-2021		Volume of transactionsduring year ended 31-03-2021
Particulars	Chairman andManaging Director	ExecutiveDirector	Chairman andManaging Director	, ExecutiveDirector
Short-term benefits	0.00	0.97	0.00	1.05
Post-employment benefits	0.02	0.02	0.02	0.03
Total	0.02	0.99	0.02	1.08
Balance outstanding at the end of the year	-	0.89	-	0.89

Consolidated Related Party Transactions for the half year and year ended March 31, 2021

Transactions and balances with its own subsidiaries are eliminated on consolidation

						(₹ in Crores)
Sr.no.	Name of theRelated Parties	Nature ofrelationshipwith company	Nature oftransaction	Volume oftransactionsduring halfyear ended31-03-2021	Volume oftransactionsduring yearended31-03-2021	Balanceat the endof the halfyear
1	Elephant Design PrivateLimited	Enterprise in which Directorhas significant influence	Consultancy Expense& reimbursement ofTravelling Expense	0.30	0.35	-

Compensation of key management personnel

(₹ in Crores)

The remuneration of directors and other members of key management personnel during the half year and year ended 31.03.2021 was asfollows:
Particulars	Volume of transactionsduring half year ended 31-03-2021		Volume of transactionsduring year ended 31-03-2021
	Mr. Achal Bakeri,Chairman andManaging Director	Mr. NrupeshShah, ExecutiveDirector	Mr. Achal Bakeri,Chairman andManaging Director	Mr. NrupeshShah, ExecutiveDirector
Short-term benefits	0.00	0.97	0.00	1.05
Post-employment benefits	0.02	0.02	0.02	0.03
Total	0.02	0.99	0.02	1.08
Balance outstanding at the end of the year	-	0.89	-	0.89