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Uttam Sugar Mills Ltd Regulatory Filings 2019
62233_rns_2019-06-14_7e6fc66f-ef7b-4b99-af39-e802b04c38e2.pdf
Regulatory Filings
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UTTAM SUGAR MILLS LIMITED
Registered Office: Village Libberheri, Tehsil Roorkee, District Haridwar, Uttarakhand-247667 Corporate Office: A-2E, 111'd Floor, CM.A. Tower, Sector - 24, Noida - 201 301, Uttar Pradesh Telephone : 0120-4152766, 0120 - 4193799 Email: gramarathnam\[email protected]
June 14, 2019
National Stock Exchange oflndia Ltd. Listing Department
"Exchange Plaza", Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051
B.S.E.Limited Listing Department P.J.Towers, Dalal Street, Fort, Mumbai - 400001 Ref. - Scrip Code - 532729
Ref.:- Symbol- UTTAMSUGAR
Sub: Disclosures of Related Party Transactions for the Half Year ended on March 31,2019.
Pursuant to Regulation 23(9) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith disclosure of Related Party Transactions on a consolidated basis for the half year ended 31st March, 2019 in the format specified in the relevant accounting standards for Annual Results.
You are requested to take the same on your record.
Thanking you.
*
JESH GARG) GENERAL MANAGER - CORPORATE & LEGAL
ENCL. :- As ABOVE, »:
RELATED PARTY DISCLOS~RES
The disclosures in respect of Related Parties as required under Ind AS 24 'Related Party Disclosures' is stated herein below:
(i) Parties where control exists NIL
(ii) Other related parties where transaction have taken place during the period 01.10.2018 . ; to 31.03.2019
a) Key Management Personnel (KMP):
| Sh. Raj Kumar Adlakha | Managing Director (MD) |
|---|---|
| Sh. Ashok Kumar Agarwal |
Executive Director |
| Sh. G. Ramarathnam | Chief-Legal & Corporate Affairs & Co. Secretary |
| Sh. Sanjay Bhandari |
Chief Financial Officer |
b) Close Member of Key Management Personnel and their Relationship: Smt. Amita Adlakha (Wife of MD)
c) Enterprises where Significant Influence exists:
-
UUam Industrial Engineering Private Limited
-
Lipi Boilers Pvt. Ltd.
-
The Standard Type Foundry Pvt. Ltd.
-
UUam Sucrotech Limited
-
Shubham Sugars Limited
-
Uttam Adlakha & Sons Holdings Pvt. Ltd.
-
Sekhri Finance & Investments Pvt. Ltd.
-
Uttamenergy Ltd.
-
Uttam Housinginfra Limited
-
Uttam Sucrotech International (P) Limited
-
Uttam Sunna Charitable trust
Details of Transactions with the above related parties .in the ordinary course of business: -
| (Rs. in Lakhs) | ||
|---|---|---|
| ') Name of related parties |
Nature of Transactions 1, :t |
6 months ended 31.03.19 |
• Outstanding Balances |
As at 31.03.19 |
|---|---|---|---|---|
| Key Management Personnel |
(KMP) ') C', |
|||
| Raj Kumar Adlakha | Remuneration & Perquisites |
116.75 | Remuneration Payable |
10.69 |
| Lease Rent | 7,50 | Lease Rent | 2,97 | |
| Ashok Kumar Agarwal | Remuneration & Perquisites |
26.77 | Remuneration Payable |
1.93 |
| G. Ramaraihnam | Remuneration & Perquisites |
15.54 | Remuneration Payable |
1,93 |
| Sanjay Bhandari | Remuneration & Perquisites |
24.78 | Remuneration Payable |
|
| Advance Salary | 10.00 | Advance Salary | 5.34 | |
| Relative of KMP |
||||
| Amita Adlakha | Office Rent | 5.31 | Office Rent | 6,82 |
| Enterprises where Significant |
Influence exists ~ |
|||
| Uttam Sucrotech Ltd. | Interest on Unsecured Loan |
1.79 | Unsecured Loan |
17.94 |
| Guarantee satisfied / received (Net) |
(7537.20) | Interest for Unsecured Loan | 1.61 | |
| Guarantee | 43921,56 | |||
| Uttam Sucrotech International (P) Ltd. |
Receiving of Services (Machinery) |
6,21 | Creditors | 1.16 |
| Purchase of Fixed Assets | 37.67 | |||
| Sugar Sales made | 3,46 | |||
| Uttam Industrial Engg. | Purchase of Fixed Assets | 10.66 | Unsecured Loan |
27.31 |
| (P)Ltd. | Receiving of Services (Machinery) |
54.69 | Advance for Purchase of Goods/Service |
0.05 |
| Sugar Sales made | 3.31 | Interest for Unsecured Loan |
14,63 | |
| Interest on Unsecured Loan |
2.73 | Guarantee | 43921.56 | |
| Guarantee satisfied / received (Net) |
(7537.20) | |||
| The Standard Type | Purchase of Fixed Assets | 65.84 | Creditors | 26,48 |
| Foundry (P) Ltd. | Receiving of Services (Machinery & Vehicles) |
31.63 | ||
| Sugar Sales made | 5,90 | |||
| Lipi Boilers Pvt. Ltd. | Guarantee satisfied / received (Net) |
(2584.59) | Capital Advances | 49,61 |
| Guarantee | 48874,17 | |||
| Shubham Sugars Ltd. |
Purchase of Agriculture Products |
34.89 | Creditors | 0.36 |
| Uttam Adlakha & Sons Holdings Pvt. Ltd. |
Guarantee satisfied / received (Net) |
(4191.06) | Guarantee | 42128.29 |
| Sekhri Finance & | Interest on Unsecured Loan |
0.33 | ||
| Investments Pvt. Ltd. |
Payment of Unsecured Loan |
3.26 | ||
| Uttamenergy Ltd. |
Sales of Assets | 8.26 | Capital advances | 599.79 |
| Uttam Housinginfra Ltd. |
Guarantee satisfied / received (Net) |
(5463.11 ) | ||
| Uttam Sunna Charitable Trust |
Sugar Sales made | 0.35 |