VLS Finance Limited — Audit Report / Information 2021

Jul 28, 2021

July 28, 2021

LISTING DEPARTMENT BSE LIMITED PHIROZE JEEJEEBHOY TOWERS DALAL STREET MUMBAI - 400 001

Scrip Code: 511333 Sub.: Compliance u/r 23(9) of SEBI (LODR) Regulations, 2015.

Dear Sir/Madam,

With reference to the subjected please find attached the requisite consolidated disclosure of transactions with related parties as per Ind-AS norms for the financial year ended 31/03/2021. Kindly take it on record.

H.Consul Company Secretary M.No. AII183

• Copy to: l) The National Stock Exchange of India Ltd., Exchange Scrip Code: . Plaza, 5 th Floor Plot No. CIl, G-Block, Bandra Kurla VLSFINANCE Complex, Bandra (E), Mumbai-400051
• 2) The Calcutta Stock Exchange Association. Ltd., 7, 032019 Lyons Range, Kolkata- 700 001

NOTES ANNEXED TO AND FORMING PART OF THE CONSOLIDATED FINANCIAL STATEMENTS, FOR THE YEAR ENDED 31 ST MARCH, 2021

Note 31 Related party transactions:

List of Related Parties and Relationships:

a) Key Managerial Personnel:

• J. Shri. M.P.Mehrotra (Executive Vice Chairman in VLS Finance Limited)
• 1. Shri. S. K. Agarwal (Managing Director in VLS Finance Limited and VLS Securities Limited)
• 1. Shri. K. K. Soni (Director Finance & CFO in VLS Finance Limited and Director in VLS Securities Limited)
• 1. Shri. H Consul (Company Secretary in VLS Finance Limited)
• 1. Shri. Anurag Bhatnagar (CFO in VLS Securities Limited)
• 1. Shri, IJS Aujla (Company Secretary in VLS Securities Limited) Resigned wef l st Feb 2021
• 1. Ms Komal Taparia (Company Secretary in VLS Securities Limited) appointed wef8th Feb 2021

b) Associate:

I. VLS Capital Limited

c) Others:

• I. South Asian Enterprises Limited ~
• 1. Shri. Vikas Mehrotra (Director in VLS Finance Limited and VLS Securities Limited)
• 1. Ms Divya Mehrotra (Director in VLS Securities Limited)
• 4. Mis Vinayak Pharma Related to Mr S.K. Agarwal, Managing Director
• 1. Dr. (Mrs.) Neeraj Arora (Non-Executive Director in VLS Finance Limited and South Asian Enterprises Limited)
• 1. Shri. D. K. Mehrotra (Independent Director in VLS Finance Limited)
• 1. Shri. Ajit Kumar (Chairman, Independent Director in VLS Finance Limited)
• 1. Shri. R. K. Goswami (Independent Director in VLS Securities Limited and South Asian Enterprises Limited)
• 1. Dr. Rajeev Lochan Bishnoi (Independent Director in VLS Securities Limited, VLS Finance Limited, VLS Capital Limited, South Asian Enterprises Limited)
• 1. Shri. T. B. Gupta (Director in VLS Securities Limited and Managing Director in South Asian Enterprises Limited and VLS Capital Limited)
• II. Shri. Rajesh Jhalani (Director in VLS Asset Management Limited)
• 1. Shri. R. Bandyopadhyay till 29/04/2020 (Independent Director in VLS Finance Limited)
• 1. Shri. Deepak Kumar Chatterjee wef 12/02/2021 (Independent Director in VLS Finance Limited)

Transactions with Related Parties in the group:

			(Rupees in Lakhs)
	Nature of Transaction	Related Party Type	Year Ended March 31, 2021	Year Ended March 31,2020
_l	Remuneration to Executive Vice Chairman JYh.~finance Lim'ited)	Ke~ _~~~~~~r _ _i_al_p_e_rso_n_n_e-ll f.-		6_9_.0_0--t ~~
2 I-	Remuneration to Managing Director (VLS Finance Limited)	Key Managerial Personnel . ------------.---+--------J----.-	41.26	35.03 --------- - --
, .)	RemlineratTon to Director- & CFO Finance (' VLS Finance Limlt~s!L __-: -,,-=--'I--	Key Managerial Personnel _	39.60	33.63
4	Remuneration to Company Secretary (VLS Finance ~im.i_t~clJ _	Key Managerial Personnel	26.09 I--------!---	21.99
r2	Remuneration to CFO (VLS Securities 1_i~i!~cl1___.	Key Managerial Personnel +_	27.()6 - ---------1----------	21.69 --
6	Brok~~~a!:~!~~	O_t_ht:.~ __	1.39	0.66 ••
	_7__!!!!.erest paid on margin money deposit~ m	._O~th.:.:e.::rs::--_t---	--------g.5J	••••••• ~.··.· __ M_ ••••••• 4.95 -.--,-,-:-'-=-1
8	Security DeDosityl!j~!{~~<::civcd back)	Other~ mm_.__	(120.00)	505.00
9	Purchase of Shares	Others	300.00	_.- ·············-··m6:0o
I- 10	Sanitlzcrandoi"her Medical consumablcs/cquipments purchased ._1<;:0\'10-) 9 preventive measuresl. mm .	Others _	1.11	0.03
I)	Sitting Fees paid to Non-executive Director:~m. :__.--___,.---	Others	17.4 I	14.87
	12S~!::t~t~Il_~ill.£E}alance at the year end	························--Othc~-s·-----l385.00		.·-'-505:00
	~).:.~I?c:~!j!tg~:o.'-.si_ts_P_a_i-'-d _	-.----- --.-0-.----.----1----.-		- ----
	b). Other receivables	Others • _		2.58

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