seshasayee paper and boardslimitedseshasa yee paper and boards limited information onrelated...

SeshasayeePaper andBoards Limited

Regd Office & Works : Pallipalayam, Namakkal District,Erode - 638 007, Tamilnadu, India, Ph : 91 - 4288 - 240221 to 240228Fax: 91 - 4288 - 240229 ernail : edoff@spbltd.com Web : www.spbltd.comCIN: L21012TZ1960PLC000364

Ref No: SE I RPT I H2-1819 2019 June 21

Corporate Services DepartmentBSE LimitedFloor 25, P J Towers,Dalal Street,Mumbai 400 001.

The Listing DepartmentNational Stock Exchange of IndiaLimited,Exchange Plaza, 5th Floor,Plot No. C/1, G Block,Bandra Kurla Complex, Bandra (E)Mumbai - 400 051

Dear Sir,

Sub: Disclosure of Related Party Transactions on a Consolidated basis for thehalf year ended March 31, 2019.

Ref: Regulation 23 (9) of the SEBI (Listing Obligation and DisclosureRequirement) regulations, 2015 (as amended in the year 2019)

o Pursuant to the Regulation cited above under reference, please findenclosed disclosure of Related Party Transactions on a Consolidated basisfor the half year ended March 31, 2019.

Thanking you,

Yours faithfully,

For Seshasayee Paper and Boards Limited

-(V PICHAI)

Deputy Managing Director & Secretary

Page 1 of 1

SESHASA YEE PAPER AND BOARDS LIMITED

Information on Related party Transactions as Required under Regulation 23 (9) of SEBI (LODR) Regulations, 2015 (In theformat prescribed under Ind AS 24- Related Party Disclosure) for the half year ended March 31, 2019

A) Subsidiary: (where control exists)

Direct Subsidiary

Name of the Company- Esvi International (Engineers & Exporters) Limited(ESVIN)

% of Holding as at31-03-2019

100.00

B) Associates:- Ponni Sugars(Erode) Limited (PEL) 27.45

C) Key Managerrial Personnel:- Sri N Gopalaratnam, Chairman- Sri K S Kasi Viswanathan, Managing Director- Sri V Pichai, Deputy Managing Director & Secretary

DIRECTORS:Sri RV Gupta, I A S (Retd.)Mr Shambhu Kallolikar, I A SDr Nanditha KrishnaSri S Narayan, I A S(Retd.)Dr.(Tmt.) M Aarthi, I A SSri A L SomayajiSri V Sridar

D) Entities Controlled by Directors- SPB Projects and Consultancy Limited (SPB-PC)- Time Square Investments Private Limited (TSI)- Dhanashree Investments Private Limited (DSI)- Ultra Investments and Leasing Co. Private Limited (UIL)

E) Transaction details:

(a) Esvi International (Engineers & Exporters) Limited

Transactions during the Period

(b) Ponni Sugars (Erode) Limited:

- Purchase of Bagasse- Purchase of Sugar- Sale of fuel- Sale of Paper, Water- Other transactions (Net Debit)

(c) Dhanashree Investments Private Limited

- Rent and amenity charges

(d) Ultra Investments and Leasing Co. Private Limited

- Reimbursement of expenses

(e) Time Square Investments Private Limited

Transactions during the Period

Transaction amount~

Oct 18 - Mar 19

Amount outstandingon 31-03-2019

Nil

Assets:Investments in:1 25 000 EquityShares (100%)

108220052333902

44241492502060108197

Assets:Investments in:23 60 260 EquityShares (27.45%)

Liabilities:17 68 181 EquityShares (14.02%)

Payable:~35248857

180000Liabilities :5 90 258 EquityShares (4.68%)

10000Liabilities:1 85 296 EquityShares (1.47%)

Nil

Liabilities:1257621 EquityShares (10.76%)

E) Transaction details (Contd.) :

(f) SPB Projects and Consultancy Limited

- Reimbursement of expenses- Inter Corporate Loan given- Interest on Inter Corporate Loan recognised

(g) Remuneration to Chairman, Managing Directorand other Whole-time Directors :

Oct 18 - Mar 19Short term employee benefitsPost Employee benefits (gratuity) & Long term benefits(Superannuation fund)Contribution to Provident Fund

(h) Sitting fees and Commission to Directors

Sitting feesCommission

Oct 1 8 - Mar 1 9~

42006000000180822

Sri N Gopalaratnam

79800001082819

478800

9541619

Oct 18 - Mar 19~

10000001750000

2750000

Sri K S KasiViswanathan

~

7864800919993

406800

9191593

Amount outstandingon 31-03-2019

Assets:Investments in:50 000 EquityShares (16.67%)

Inter Corporate loan~ 60 00 000

Interest receivable~ 1 80822

Liabilities:2272 EquityShares (0.02%)

Sri V Pichai

7864800919993

406800

9191593