GFL : Related Party Transaction

Registered office: 7th Floor, Ceejay House, Dr. Annie Besant Road, Worli, Mumbai - 400 018

CIN: L65100MH1987PLC374824  Tel. No.: [phone]  Fax No.: [phone]

Website: www.gfllimited.co.in Email ID: [e-mail]

11th November, 2022
To,
BSE Limited	National Stock Exchange of India
Phiroze Jeejeebhoy Towers	Limited
Dalal Street, Mumbai 400 001	Exchange Plaza, Bandra Kurla Complex
Scrip code: 500173	Bandra (E), Mumbai 400 051
	Symbol: GFLLIMITED
Dear Sir/Madam,

Sub: Disclosure under Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the disclosure of Related Party Transactions for the half year ended on 30th September, 2022 in the prescribed format by SEBI.

Kindly take the same on your record.

Thanking You

Yours faithfully,

For GFL Limited

DIVYA SHRIMALI

Digitally signed by

DIVYA SHRIMALI Date: 2022.11.11 10:11:29 +05'30'

Divya Shrimali

Company Secretary & Compliance Officer

Encl.: As above

Additional disclosure of related party transactions ‐ applicable only in case the related party transaction relates to

loans, inter‐corporate deposits, advances or investments made or given by the listed entity/subsidiary. These

details need to be disclosed only once, during the reporting period when such transaction was undertaken.

Sr. No.

Details of the party (listed

Details of the counterparty

Type of related party

Value of the

Value of

In case monies are due to

In case any financial indebtedness is

Details of the loans, inter‐corporate deposits, advances or investments

Name

PAN

Name

PAN

Relationship of the counterparty with the listed entity or

transaction

related

transactio

Opening

Closing

Nature of

Cost (see

Tenure

Nature (loan/

Interest

Tenure

Secured/

Purpose for which

its subsidiary

party

n

Balance

Balance

indebtedness

Note 7)

advance/

Rate

unsecured

the funds

transaction

during the

(loan/

intercorporate

(%)

will be utilised

as approved

reporting

issuance of

deposit/

by the ultimate

by the audit

period

debt/ any

investment

recipient of funds

committee

other etc.)

(endusage)

1

GFL Limited

AAACG6725H

Inox Wind Energy Limited

AAFCI6084A

Enterprises over which a Director, or his relative, has

Any other transaction

Reimbursement

70

Approved by

‐

75.75

75.75

significant influence

Audit

Committee

2

GFL Limited

AAACG6725H

Gujarat Fluorochemicals Limit

AAFCI0903C

Enterprises over which a Director, or his relative, has

Any other transaction

Liability written

Approved by

‐

156.67

156.67

significant influence

back

Audit

Committee

3

GFL Limited

AAACG6725H

INOX Chemicals LLP

AAFFI2542C

Enterprises over which a Director, or his relative, has

Any other transaction

Rent Paid

3

Approved by

1

‐

‐

significant influence

Audit

Committee

4

GFL Limited

AAACG6725H

Mr. Pavan Kumar Jain

AAJPJ5851D

Non Executive Director

Any other transaction

Director's

5

Approved by

0

‐

‐

Sitting Fees

Audit

Committee

5

GFL Limited

AAACG6725H

Mr. Siddharth Jain

ACYPJ7083L

Non Executive Director

Any other transaction

Director's

5

Approved by

0

‐

‐

Sitting Fees

Audit

Committee

6

GFL Limited

AAACG6725H

Mr. Vanita Bhargava

AFABP8846A

Non Executive Director

Any other transaction

Director's

5

Approved by

1

‐

‐

Sitting Fees

Audit

Committee

7

GFL Limited

AAACG6725H

Mr. Shashi Jain

AAMPJ1588Q

Non Executive Director

Any other transaction

Director's

5

Approved by

1

‐

‐

Sitting Fees

Audit

Committee

8

GFL Limited

AAACG6725H

Mr. Shanti Prasad Jain

AADPJ8594K

Non Executive Director

Any other transaction

Director's

5

Approved by

1

‐

‐

Sitting Fees

Audit

Committee

9

GFL Limited

AAACG6725H

Mr. Mukesh Patni

AAGPP5806K

Chief Financial Officer

Remuneration

80

Approved by

42

‐

‐

Audit

Committee

10

GFL Limited

AAACG6725H

Mrs. Bhavi Shah*

BPKPS0047D

Company Secretary

Remuneration

3

Approved by

1

‐

‐

Audit

Committee

11

GFL Limited

AAACG6725H

Mr. Divya Shrimali **

EMDPS5805Q

Company Secretary

Remuneration

9

Approved by

3

‐

‐

Audit

Committee

12

INOX Leisure Limited

AAACI6063J

INOX India Limited

AAACI4416P

Enterprises over which a Director, or his relative, has

Sale of goods or

5

Approved by

2

0.98

0.24

significant influence

services

Inox Leisure

Audit

Committee

13

INOX Leisure Limited

AAACI6063J

Gujarat Fluorochemicals Limit

AAFCI0903C

Enterprises over which a Director, or his relative, has

Sale of goods or

30

Approved by

14

‐

‐

significant influence

services

Inox Leisure

Audit

Committee

14

INOX Leisure Limited

AAACI6063J

Shouri Properties Private Limit

AAFCS8445M

Wholly Owned Subsidiary

Any other transaction

Conducting Fees

400

Approved by

142

24.14

‐

Inox Leisure

Audit

Committee

15

INOX Leisure Limited

AAACI6063J

Khaitan & Co. LLP

AAGFK5459H

Independent director being a partner of the firm

Purchase of goods or

50

Approved by

5

4.97

‐

services

Inox Leisure

Audit

Committee

16

INOX Leisure Limited

AAACI6063J

Khaitan & Co.

AAFFK0088D

Independent director being a partner of the firm

Purchase of goods or

services

200

Approved by

94

67.55

‐

Inox Leisure

Audit

Committee

17

INOX Leisure Limited

AAACI6063J

Mr. Pavan Kumar Jain

AAJPJ5851D

Non Executive Director

Any other transaction

Director sitting

10

Approved by

3

‐

‐

fees

Inox Leisure

Audit

Committee

18

INOX Leisure Limited

AAACI6063J

Mr. Siddharth Jain

ACYPJ7083L

Non Executive Director

Any other transaction

Director sitting

10

Approved by

7

‐

‐

fees

Inox Leisure

Audit

Committee

19

INOX Leisure Limited

AAACI6063J

Mr. Haigreve Khaitan

AEVPK7531H

Independent director

Any other transaction

Director sitting

10

Approved by

6

‐

‐

fees

Inox Leisure

Audit

Committee

20

INOX Leisure Limited

AAACI6063J

Mr. Amit Jatia

AAEPJ8462D

Independent director

Any other transaction

Director sitting

10

Approved by

5

‐

‐

fees

Inox Leisure

Audit

Committee

DIVYA	Digitally signed
	by DIVYA
SHRIMAL SHRIMALI
I	Date: 2022.11.11
10:13:19 +05'30'

21

INOX Leisure Limited

AAACI6063J

Ms. Girija Balakrishnan

AEKPB0169B

Independent director

Any other transaction

Director sitting

10

Approved by

3

‐

‐

fees

Inox Leisure

Audit

Committee

22

INOX Leisure Limited

AAACI6063J

Mr. Vishesh Chandiok

AAEPC1990M

Independent director

Any other transaction

irector sitting fee

10

Approved by

2

‐

‐

Inox Leisure

Audit

Committee

23

INOX Leisure Limited

AAACI6063J

Mr. Alok Tandon

AABPT3823B

Chief Executive Officer

Remuneration

200

Approved by

102

‐

‐

Inox Leisure

Audit

Committee

24

INOX Leisure Limited

AAACI6063J

Mr. Kailash B.Gupta

AAYPG6735E

Chief Financial Officer

Remuneration

170

Approved by

87

‐

‐

Inox Leisure

Audit

Committee

25

INOX Leisure Limited

AAACI6063J

Mr. Vishav Sethi***

CXXPS2797G

Company Secretary

Remuneration

40

Approved by

13

‐

‐

Inox Leisure

Audit

Committee

26

INOX Leisure Limited

AAACI6063J

Non‐executive director ****

ZZZZZ9999Z

Key management personnel of entity or parent

Remuneration

Minimum 150

Lakhs or 5%

Approved by

75

‐

‐

of Net Profit

Inox Leisure

Audit

Committee

27

INOX Leisure Limited

AAACI6063J

Grant Thornton Bharat LLP

AACFG9740K

Independent director being a partner of the firm

Purchase of goods or

services

75

Approved by

2

12.00

‐

Inox Leisure

Audit

Committee

28

INOX Leisure Limited

AAACI6063J

Malvi Ranchoddas & Co.

AAAFM4560F

Independent director being a partner of the firm

Purchase of goods or services

10

Approved by

1

3.03

‐

Inox Leisure

Audit

Committee

29

INOX Leisure Limited

AAACI6063J

Mr. Parthasarathy Iyengar***

AAHPI0513K

Company Secretary

Remuneration

40

Approved by

8

‐

‐

Inox Leisure

Audit

Committee

30

INOX Leisure Limited

AAACI6063J

Shouri Properties Private Limit

AAFCS8445M

Wholly Owned Subsidiary

Any other transaction

Security

Approved by

‐

104.21

104.21

Deposit Given

Inox Leisure

Audit

Committee

31

INOX Leisure Limited

AAACI6063J

Gujarat Fluorochemicals Limit

AAFCI0903C

Enterprises over which a KMP, or his relative, has significant

Any other transaction

Lease Rent Paid

Approved by

‐

30.48

30.48

Inox Leisure

Audit

Committee

32

INOX Infrastructure

AABCI6543A

Mr. Pavan Kumar Jain

AAJPJ5851D

Non Executive Director

Any other transaction

Director sitting

3

Approved by

0

‐

‐

Limited

fees

Audit

Committee

33

INOX Infrastructure

AABCI6543A

Mr. Siddharth Jain

ACYPJ7083L

Non Executive Director

Any other transaction

Director sitting

2

Approved by

0

‐

‐

Limited

fees

Audit

Committee

34

INOX Infrastructure

AABCI6543A

Mr. Shashi Jain

AAMPJ1588Q

Non Executive Director

Any other transaction

Director sitting

3

Approved by

1

‐

‐

Limited

fees

Audit

Committee

35

INOX Infrastructure

AABCI6543A

Mr. Shanti Prasad Jain

AADPJ8594K

Non Executive Director

Any other transaction

Director sitting

3

Approved by

1

‐

‐

Limited

fees

Audit

Committee

*Related Party for the period 01.04.2022 to 10.06.2022. **Appointed as Company Secretary w.e.f 11th June, 2022

***Appointed as Company Secretary w.e.f 03rd May, 2022

****This amount has been provided in books of accounts and not yet paid

*****Related Party for the period 01.04.2022 to 02.05.2022.

DIVYA	Digitally signed
	by DIVYA
SHRIMAL SHRIMALI
I	Date: 2022.11.11
10:13:52 +05'30'