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Vardhman Polytex Ltd. Interim / Quarterly Report 2020
62361_rns_2020-07-25_1e08e28f-c809-4cd5-91b7-3a1c04f1880e.pdf
Interim / Quarterly Report
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REF: VPL: SEC: JULY:2020-2L DATED: 25107/2020
| The Listing Department, | The Listing Depaftment, |
|---|---|
| National Stock Exchange of India Limited | BSE Limited |
| "Exchange Plaza", C-1, Block-G, | 25th Floor, |
| Bandra - Kurla Complex, | P.J. Towers, |
| Bandra (E), | Dalal Street Fort, |
| Mumbai - 400051 | Mumbai- 400001 |
| SCRIP CODE: VARDMNPOLY | SCRIP CODE: 5L4L75 |
Subject: Disclosure of Related Party Transactions durino the half vear ended 31.O3.2O2O '
Dear Sir/Madam,
In compliance with Regulation 23(9) of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2OL5, we hereby submit the consolidated details of Related Pafty Transactions entered during the half year ended 31.03.2020 in accordance with applicable accounting standard.
This is for your information and record please.
Thanking you,
Yours truly, For Vardhman Polytex Li
I,,,L Ajay K. Ratra Company Secreta LUftrAllA
Vandhman Polytex Ltd. An Oswal Group'Company CIN: L1 7 1 22PB1 980P1C004242
Corp. Office: Vardhman Park, Chandigarh Road Ludhiana ' 141123 Punjab (lndia). Tel: +91 -1 61 -6629888 wwwvpl.in [email protected] Vardhman Polytex Limited
Notes to the Consolidated financial statements for the Half year ended 31st March 2020
46 Related party disclosures in accordance with IND AS-24 "Related Party" :-
Particulars
a. Key Management Personnel (KMP)
For the Half year ended 31 March 2020 Mr. Adish Oswal Mr. Ajay Ratra Mr. Apjit Arora
b. Relative Of KMP
Mrs. Manju Oswal Mr. Abhinav Oswal Mrs. Rakhi Oswal Ms. Aketa Oswal Mrs. Priya Oswal
c. Enterprise over which KMP is able to excercise Enakshi Investments Private Limited.
Panchsheel Textile Mfg & Trading Co.Pvt Ltd Liberty Mercantile Co.(P)Ltd. Allepy Investment & Trading Co. (P) Ltd. Kent Investments Private Limited. Ruby Mercantile Co. Private Limited. Boras Investment & Trading Co. (P) Limited. Gagan Mercantile Co. Private Limited. Pioneer Mercantile India Private Limited. Adesh Investment & Trading Co. (P) Limited. Calgary Investment & Trading Co. (P) Ltd. Oswal Infratech Pvt. Ltd. Oswal Tradecom Pvt. Ltd. Oswal Holding Pvt. Ltd. Nightangle Dealcom Pvt. Ltd. Alma Assets Consultancy (P) Ltd Altfort Merchants (P) Ltd Oswal Industrial Enterprises Private Limited Vardhman Amarante Pvt. Limited
ii) Transaction with related parties during the Half year ended:-
| KMP | Relative of KMP | Enterprise over which KMP is able to exercise Significant Influence |
Total | |
|---|---|---|---|---|
| Nature of transaction | 2019-20 | 2019-20 | 2019-20 | 2019-20 |
| Rs. in Lakh | Rs. in Lakh | Rs. in Lakh | Rs. in Lakh | |
| Loan received | 341.98 | 341.98 | ||
| Loan repaid | 411.98 | 411.98 | ||
| Sale of goods | 167.76 | 167.76 | ||
| Purchase of goods | ||||
| Net Advance(Received)/Paid | 21.09 ÷ |
21.09 | ||
| Expense reimbursement (Receivable) | ||||
| Rent paid | 22.15 | 22.15 | ||
| Job charges paid | 3.51 | 3.51 | ||
| Interest paid | (9.07) | (9.07) | ||
| Rent received | 0.24 | 0.24 | ||
| Remuneration | 19.95 | 19.95 | ||
| Managerial Remuneration | 53.74 | ÷. | ÷ | 53.74 |
| Outstanding balances at Half year end | ||||
| Investment in equity shares | 0.09 | 0.09 | ||
| Amount(receivable)/payable from company unde | (260.35) | (260.35) | ||
| Amount payable on account of unsecured loan | 92.19 | 87.00 | 179.19 |
Condet