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Visagar Polytex Ltd Regulatory Filings 2021
63430_rns_2021-07-22_2ec7cff9-f12e-4f79-b96d-342a77754d16.pdf
Regulatory Filings
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Date: 22nd July, 2021
| BSE Limited | The National Stock Exchange of India | |
|---|---|---|
| Corporate Communication Department, | Limited | |
| Dalal Street, Fort | Exchange Plaza, Plot No. C/1, G Block, | |
| Mumbai - 400001 | Bandra Kurla Complex, | |
| BSE Scrip ID - VIVIDHA | Bandra (E), Mumbai - 400 051 | |
| BSE Scrip Code - 506146 | ISIN Code-INE370E01029 | |
Sub: Compliance under Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations").
Dear Sir/Madam,
Pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we are enclosing herewith the disclosure of Related Party Transactions for the Half Year ended 31st March, 2021 for your record and reference.
Kindly consider the same.
For Visagar Polytex Limited
Encl: A/a
VISAGAR POLYTEX LIMITED
Regd. Off.: 907/908, Dev Plaza, S. V. Road, Andheri (W), Mumbai - 400 058. Tel.: (022) 6742 4815 Email: [email protected] Website: www.visagarpolytex.in CIN: L655990MH1983PLC030215
DISCLOSURE OF RELATED PARTY TRANSACTIONS FOR THE HALF YEAR ENDED 31ST MARCH, 2021
(Pursuant to Regulation 23 (9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
1. Name of related parties in Transactions with company and description of relationship
- a) Key Managerial Personnel (KMP):
- Mr. Tilokchand Kothari - Managing Director
- Mr. Pravin Mishra - Company Secretary
Mr. Sachin Chandrakant Mehta - Chief Financial Officer
2. Transaction with Related Parties during the Year
a) Remuneration to Key Managerial Personnel (KMP) and their relative
| (Amount in Rs.) | ||
|---|---|---|
| Name of Related Party | Nature of Transaction | Half year ended $(01.10.2020 - 31.03.2021)$ |
| Tilokchand Kothari | Remuneration | NIL |
| Sachin Chandrakant Mehta | Remuneration | NIL |
| Pravin Mishra | Remuneration | 60,000 |
b) Loans and advances to Key Managerial Personnel
| (Amount in KS.) | ||
|---|---|---|
| Name of Related Party | Nature of Transaction | Half year ended $(01.10.2020 - 31.03.2021)$ |
| Tilokchand Kothari | Given Loan Company |
to $24,48,410/-$ |
| Tilokchand Kothari | Loan Repayment | $52,92,500/-$ |
$(1, 1, 1, 1)$
Compliance under Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations").