Universal Cables Ltd. — Regulatory Filings 2019

Jun 13, 2019

Universal Cables Limited

Regd. Office & Works : P.O.Birla Vikas. Satna - 485 005 (M.P.).India . P: 07672-257121 to 257127. 414000 F : 07672-257131 . E : headoffice@unistar.co.in

Ref : UCLjSECj2019-20 13th June, 2019

BSELimitedCorporateRelationshipDepartmentPhirozJeejeebhoyTowers,DalalStreet,Mumbai-400001	NationalStockExchangeofIndiaLtd.ListingDepartment,ExchangePlaza,C-1,BlockG,Bandra-KurlaComplex,Bandra(East),
	Mumbai-400051
ScripCode:504212	ScripCode:UNIVCABLESEQ

Dear Sirs,

Subject: Compliance under Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

In terms of Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose disclosure of Related Party Transactions on a consolidated basis, in the format specified in the accounting standards for the half year ended 31 st March, 2019.

Please take the same on record.

Thanking you,

(Sudeep Jain) Company Secretary

Encl : As above

CIN : L31300MP1945PLCOOll14 I PAN: AAACU3547P I www.unistar.co.in

Disclosures in respect of Related Parties as defined in Indian Accounting Standard (Ind AS)-24, with whom transactions were entered into at an arm's length and in the normal/ordinary course of business for the half year ended 31st March, 2019 are given below:

(i)	Joint Ventures(Joint Arrangements)	Birla FurukawaFibre Optic PrivateLimited(BFFOPL)
(ii)	AssociateCompany	VindhyaTelelinksLimited(VTL)
(iii)	Joint Ventureof an AssociateCompany	Birla VisabeiraPrivate Limited(BVPL)
(iv)	ownedWhollySubsidiariesofanAssociateCompany	AugustAgentsLimited(AAL)Insilco AgentsLimited (IAL)LanesedaAgents Limited(LAL)
(v)	(KMP)Key ManagementPersonnel	Shri Harsh V. LodhaChairmanShri S.S. KothariShri S.c.JainNon ExecutiveDirectorsShri DineshChandaShri B.R. NaharOr. Kavita A. SharmaShri Dilip GaneshKarnik& CEOManagingDirectorShri Y.S. LodhaChief FinancialOfficerShri PrasantapanditCompanySecretaryShri Sudeep Jain(W.e.f. 12.11.2018)
(vi)	Post EmploymentBenefitPlan Entities	Universal Cables Limited EmployeesGratuity Fund (UEGF)Universal Cables Limited EmployeesProvidentFund (UEPF)UniversalCables SuperannuationFund (USF)

(a) Details of transactions with Related Parties:

										(~ in lakhs)
SI.No.	Transaction	AAL	tAL	LAL	BFFOPL	VTL	BVPL	UEGF	UEPF	USF
(A)	Transactionduring the year
I	Purchase of Raw Materials,Stores,Spares and PackingMaterials	-	-	-	1276.23	1347.09	-	-	-	-
2	Sale of Raw Materials,Stores,Spares and PackingMaterials	-	-	-	-	1005.52	-	-	-	-
3	Other Service Chargesand RentReceived	-	-	-	180.76	1.20	1.77	-	-	-
4	& LeaseOther Service ChargesRent Paid	-	-	-	-	4.03	-	-	-	-
5	Sales of Finished & Other Goods	-	-	-	5.59	4973.34	419.07	-	-	-
6	Purchase of old/usedAssets	-	-	-	0.59	-	-	-	-	-
7	Interest on Inter CorporateLoans/ SecurityDeposit & Trade Payable Paid	127.28	123.41	134.26	-	-	-	-	-	-
8	Deposit taken	-	-	-	72.12	-	-	-	-	-
9	Contribution	-	-	-	-	-	-	97.90	73.02	74.44
10	Withdrawal	-	-	-	-	-	-	84.74	-	-
(B)	Balance outstandingas at the year end
I	Trade Payables/OtherLiabilities	-	-	-	760.62	-	-	-	-	-
2	Trade & Other Receivables	-	-	-	-	3843.58	419.07	-	-	-
3	Loan Outstanding	2575.00	2500.00	2725.00	-	-	-	-	-	-

(b) Details of transactions with Key Managerial Personnel:

	ShriY.S.Lodha	ShriPrasantaPandit	ShriSudeepJain
Particulars	ChiefExecutiveOfficer	ChiefFinancialOfficer	CompanySecretarty(W.e.f.12.11.2018)	Non ExecutiveDirectors
Short TermEmployeeBenefit~	48.77-	12.8<br>---	6.75-~~-	-
Post EmploymentBenefitno. (i)(Referfootnote-	--	--~~~~	--~	-
SittingFees	---	--	-	8.65
BalanceOutstandingat theyear end (Payable/(Receivable)	-	-	-	-

Notes:

• (i) The remuneration to Key Managerial Personnel(s) does not include provision/payment towards incremental liability on account of gratuity and compensated absences since actuarial valuation is done for the Company as a
• (ii) No amount has been provided as doubtful debt or advance written off or written back in the year in respect of debts due from/to above Related Parties.
• (iii) Transactions and balances relating to reimbursement of expenses to/from the above Related Parties have not been
• (iv) Inter corporate loans/advances have been given for business purposes.