jj.~j26,l - nse india...related parties disclosures as per ind as - 24 list of related parties with...
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Phone No. : 91-124-4624000, 2574326, 2574325, 2574728- Fax: 91-124-2574327E-mail: [email protected] Website: www.jindal.comCIN No: L99999MH1988PLC080545
E-Communication
August 26, 2020
MSL/G/SEC/SE/2020-21
BSELIMITEDCorporate Relationship Departmenti" Floor, New Trading Ring Rotunda Building,P J Towers Dalal Street, Fort,Mumbai - 400001
Stock Code: 500265
NATIONAL STOCK EXCHANGE OF INDIA LTD.Exchange Plaza, C-1, Block-G.Bandra-Kurla ComplexBandra (E), Mumbai- 400 051
Security Code: MAHSEAMLES
Sub: Compliance pursuant to Regulation 23(9) of SEBI (Listing Obligations and DisclosureRequirements) Regulations, 2015
Dear Sirs,
Pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015, as amended from time to time, Please find enclosed herewith the disclosureon Related Party Transactions on Consolidated basis for the financial year ended March 31, 2020as per format specified in the relevant accounting standards.
You are requested to kindly take the same on record.
Thanking you,
For Maharashtra Seamless Limited
Encl. -As stated above
JJ.~J26,LREGD. OFF. & WORKS
HEAD OFFICE
KOLKATA OFFICE
Pipe Nagar, Village, Sukell, N.H.17, B.K.G. Road, Taluka-Roha, Distt. Raigad-402 126 (Maharashtra)Phone: 02194-238511. 238512. 238567, 238569 - Fax: 02194-238513402, Sarjan Plaza, 100 Dr. Annie Besant Road, Opp. Telco ShoWToom,Worli, Mumbai-400 018Phones: 022-2490 2570 n2/74- Fax: 022-2492 54735, Pusa Road, 2nd Floor, New Delhi-110005Phones: 011-28752862, 28756631 Email: [email protected] Apartment. Flat No. 8A, 8th Floor, 215, Sarat Bose Road, Kolkata - 700 020Phone: 033-2455 9982, 2454 0053, 2454 0056. Fax: 033 - 2474 2290 E-mail: [email protected], Royal Court. 41, Venkatnarayana Road, T. Nagar Chennai-600017Phone: 044-2434 2231- Fax: 044-24347990
MUMBAIOFFICE
CHENNAI OFFICE
MAHARASHTRA SEAMLESS LIMITED
Related Parties Disclosures as per Ind As - 24List of Related Parties with whom transactions have taken place during the year:
a) Joint Venture CompaniesGondkhari Coal Mining Ltd.Dev Drilling Pte. t.td.
b) Associate CompaniesJindal Pipes (Singapore) Pte. Ltd.Star Drilling Pte. Ltd.
c) Common Controlled EntityJindal Pipes Ltd.
d) Key Management PersonnelShri D,P, JindalShri Saket JindalShri S, K, SinghalShri Ashok SoniShri Sanjiv GoyalShri D.C. Gupta
Non Executive ChairmanManaging DirectorWhole Time DirectorChief Financial Officer upto 30,04.2019Chief Financial Officer from 14.11,2019 to 31.01.2020V P & Company Secretary upto 15,06.2020
e) Relatives of Key Management Personnelsrnt. Savita JindalShri Raghav Jindalsrnt. Rachna Jindalsmt, Shruti Raghav JindalMs. Shreeja JindalMs, Shreepriya JindalMs, Devanshi Jindal
Details of transactions during the year are as follows:Rs In Lakhs
Particulars 2019-20 2018-19
i) Purchase & Other ServicesAssociate Companies 74,050.00 -Relatives of Key Management Personnel 1.62 1,50Common Controlled Entity 3,500.32 2,768.03
ii) Sales & Other ServicesJoint Venture Companies 5.62 97,82Associate Companies 48.87 -Common Controlled Entity 788.24 689,73
iii) InvestmentJoint Venture Companies - -
iv) Net Loans !Inter Corporate Deposits (given) or repaidJoint Venture Companies 2,801.44 ,.Common Controlled Entity -6,400.00 1,050.00
v) Interest & Guarantee Commission received ! receivable from RelatedPartiesJoint Venture Companies 80.86 95,12Associate Companies 87.00 318.43Common Controlled Entity 401.46 480.69
vi) Rent PaidRelatives of Key Management Personnel 1.50 1,50
vii) RemunerationKey Management Personnel 824.87 688.35Relatives of Key Management Personnel 21.00 21,00
viii) Dividend PaidKey Management Personnel 150.25 143,96Relatives of Key Management Personnel 31.86 29.58
ix) Loans !Inter Corporate deposits given (Maximum Outstanding) *Joint Venture Companies 461.81 461.81Associate Companies 2,801.44 2,801.44Common Controlled Entity 23,425.49 6,542,87
x) Guarantees & Collateral Securities (Outstanding)Joint Venture Companies 35,582.14 37,300,62Associate Companies 41,285.09 39,792.43
xi) Balance Payable at the year endRelatives of Key Management Personnel - -
xii) Balance Payable at the year end-Joint Venture Companies - -Associate Companies 41,328.02 -Common Controlled Entity - -
xiii) Balance Receivable (including loans if any) at the year end-Joint Venture Companies 596.44 567.76Associate Companies 23.23 3,072.11Common Controlled Entity 11,813.60 4,641.18