Voltas Ltd. — Interim / Quarterly Report 2020

Jun 27, 2020

27th June, 2020

Department of Corporate Services Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra-Kurla Complex

BSE Limited National Stock Exchange of India Limited Mumbai 400 001 Bandra (East), Mumbai 400 051

Dear Sirs,

Sub: Disclosure of Related Party Transactions for the half year ended 31st March, 2020 --------------------------------------------------------------------------------------------------

Pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith disclosure of Related Party Transactions on a consolidated basis for the half year ended 31st March, 2020.

This is for your information and records.

Thanking you,

Yours faithfully, VOLTAS LIMITED

VARUN PRAKASH MALHOTRA 2.5.4.20=2bf28ab3a6f81db2c3801da480fd804727a99930cf4993c82b1b 7985e14a166c, pseudonym=0791BA6D6F5557EE6212ADC68616BB528F2418EA, E198AED7AC94EBA3FE8F, cn=VARUN PRAKASH MALHOTRA

(V. P. Malhotra) Vice President – Taxation, Legal & Company Secretary

Enc.

Relation 1 Brihat Trading Private Limited Associate Naba Diganta Water Management Limited Terrot GmbH 2 Universal Voltas L.L.C. Joint Venture Olayan Voltas Contracting Company Limited Voltas Water Solutions Private Limited Voltbek Home Appliances Private Limited 3 Whole -Time Directors Key Management Personnel Mr. Pradeep Bakshi - Managing Director & CEO Mr. Anil George - Deputy Managing Director and CFO Vice President - Taxation, Legal & Company Secretary V. P. Malhotra 4 Non-Executive Directors Directors Mr. Noel N. Tata - Chairman Mr. Vinayak Deshpande Mr. Hemant Bhargava Independent Directors Mr. Debendranath Sarangi Mr. Bahram N. Vakil Ms. Anjali Bansal Mr. Arunkumar Adhikari Mr. Zubin Dubash 5 Voltas Limited Provident Fund Employee Benefit Funds Voltas Managerial Staff Provident Fund Voltas Limited Employees' Gratuity Fund Voltas Limited Managerial Staff Gratuity Fund Voltas Limited Employees' Superannuation Scheme 6 Tata Sons Private Limited Promoter 7 Automotive Stampings and Assemblies Limited C-Edge Technologies Limited Ewart Investments Limited Gurgaon Realtech Limited Infiniti Retail Limited MahaOnline Limited Mikado Realtors Private Limited TAL Manufacturing Solutions Limited TASEC Limited (formerly TAS-AGT Systems Limited) Tata Advanced Materials Limited Tata Advanced Materials Limited Tata Advanced Systems Limited TATA Africa Holdings (Kenya) Limited Tata AIA Life Insurance Company Limited Tata AIG General Insurance Company Limited Tata Asset Management Limited Party Related Parties (Where transactions have taken place during half year ended 31st March, 2020) Subsidiaries and Joint Ventures of Promoter

Tata Autocomp Hendrickson Suspensions Private Limited (formerly Taco Hendrickson Suspensions Private Limited) Tata Autocomp Katcon Exhaust Systems Private Limited (formerly Katcon India Private Limited) Tata Autocomp Systems Limited Tata Capital Financial Services limited Tata Capital Housing Finance Limited Tata Capital Limited Tata Communications Limited Tata Communications Payment Solutions Limited Tata Communications Transformation Services Limited Tata Consultancy Services Limited Tata Consulting Engineers Limited Tata De Mocambique, Limitada Tata Digital Limited Tata Ficosa Automotive Systems Private Limited (formerly Tata Ficosa Automotive Systems Limited) Tata Housing Development Company Limited Tata Industries Limited Tata International DLT Private Limited Tata International Limited Tata International Metals (UK) Limited (formerly Tata Steel International (UK) Limited) Tata Investment Corporation Limited Tata Lockheed Martin Aerostructures Limited Tata Petrodyne Limited Tata Realty and Infrastructure Limited Tata Sikorsky Aerospace Limited (formerly Tara Aerospace Systems Limited) Tata Sky Limited Tata Sky Broadband Private Limited (formerly Quickest Broadband Private Limited) Tata Teleservices (Maharashtra) Limited Tata Teleservices Limited Tata Toyo Radiator Limited Tata Unistore Limited (formerly Tata Industrial Services Limited) TCS Foundation THDC Management Services Limited (formerly THDC Facility Management Limited) TM Automotive Seating Systems Private Limited TRIF Real Estate And Development Limited TRIL Amritsar Projects Limited (formerly TRIF Amritsar Projects Limited) TRIL Infopark Limited TRIL IT4 Private Limited (formerly Albrecht Builder Private Limited) TRIL Urban Transport Private Limited

RELATED PARTY DISCLOSURES - LIST OF RELATED PARTIES

	Rs. in Crores
Directors	EmployeeBenefitFunds	Total

Sr. No.	Transactions	Associates	JointVentures	Promoter	Subsidiaries andJoint Venturesof Promoter	KeyManagementPersonnel	Directors	EmployeeBenefitFunds	Total
1	Purchases of stock-in-trade	-	2.66	-	-	-	-	-	2.66
2	Sale of Products	-	0.62	-	9.99	-	-	-	10.61
3	Service Income - Other than Management fees	0.10	0.04	0.06	51.01	-	-	-	51.21
4	Construction contract revenue(Includes billed and unbilled revenue)	-	-	-	42.09	-	-	-	42.09
5	Interest Income	-	-	-	8.51	-	-	-	8.51
6	Rental Income	-	-	-	5.69	-	-	-	5.69
7	Dividend Income	-	-	-	1.96	-	-	-	1.96
8	Services received for execution of contracts	-	-	-	0.07	-	-	-	0.07
9	Commission Received / Receivable	0.26	-	-	-	-	-	-	0.26
10	Deputation charges received	-	7.09	-	-	-	-	-	7.09
11	Remuneration Paid / Payable including Commission	-	-	-	-	2.95	1.40	-	4.35
12	Sitting Fees	-	-	-	-	-	0.20	-	0.20
13	Tata Brand Equity	-	-	5.16	-	-	-	-	5.16
14	Purchase of goods / services for execution of contracts	-	11.22	-	0.39	-	-	-	11.61
15	Other Expenses- Received/Receivable	-	30.78	0.05	-	-	-	-	30.83
16	Other Expenses- Paid/Payable	-	2.06	0.14	9.65	-	-	-	11.85
17	Purchase of property, plant and equipment	-	0.01	-	1.21	-	-	-	1.22
18	Acquisition of business (net consideration)	-	-	-	0.24	-	-	-	0.24
19	Refund of Investments in Bonds/Debentures	-	-	-	101.25	-	-	-	101.25
20	Investments in Equity shares	-	69.58	-	-	-	-	-	69.58
21	Security deposit at the end of the year	-	-	-	8.25	-	-	-	8.25
22	Security Deposit Refunded	-	-	-	0.38	-	-	-	0.38
23	Provision for Debts and Advances at year end	-	-	-	1.02	-	-	-	1.02
24	Advance Outstanding at year end	-	0.08	0.14	0.12	-	-	-	0.34
25	Outstanding Share Application Money at year end	-	13.13	-	-	-	-	-	13.13
26	Debit Balance Outstanding at year end	0.03	21.98	-	126.74	-	-	-	148.75
27	Credit Balance Outstanding at year end	0.24	2.30	10.04	0.98	-	-	-	13.56
28	Guarantees Outstanding at year end	-	75.38	-	-	-	-	-	75.38
29	Contract Revenue in excess of Billing	-	-	-	53.82	-	0.02	-	53.84
30	Contribution to Employee benefit fund	-	-	-	-	-	-	3.47	3.47

Disclosure of Consolidated Related Party Transactions for the half year ended 31st March, 2020