Hikal : Related Party Transaction for the half year ended 30th September 2023

Related party transactions

Sr No.

Details of the party (listed entity /subsidiary) entering into the		Details of the counterparty
	transaction
						Relationship of the
Name		PAN	Name		PAN	counterparty with the listed
						entity or its subsidiary

Type of related party

transaction

Details of other related

party transaction

Value of the related party transaction as approved by the audit committee

Remarks on approval by

audit committee

Value of transaction during the reporting period

In case monies are due to either party as a result

of the transaction

Opening balance	Closing balance

AddDelete

					Promoter, Director and Key
1	Hikal Limited		Jai Hiremath		Managerial Personnel	Remuneration			Not Applicable	230.04	0.00
					Promoter, Director and Key
2	Hikal Limited		Sameer Hiremath		Managerial Personnel	Remuneration			Not Applicable	187.38	0.00
	Hikal Limited				Member of Promoter Group
3		Anish Swadi		and relative of directors	Remuneration			Not Applicable	151.84	0.00
4	Hikal Limited		Kuldeep Jain		Key Management Personnel	Remuneration			Not Applicable	82.50	0.00
5	Hikal Limited		Rajasekhar Reddy		Key Management Personnel	Remuneration			Not Applicable	55.80	0.00
6	Hikal Limited		B. N. Kalyani		Non Executive Director	Any other transaction	Director Sitting Fees		Not Applicable	3.00	0.00
7	Hikal Limited		Prakash Mehta		Independent Director	Any other transaction	Director Sitting Fees		Not Applicable	11.00	0.00
8	Hikal Limited		Kannan K. Unni		Independent Director	Any other transaction	Director Sitting Fees		Not Applicable	11.00	0.00
9	Hikal Limited		Ranjit Sahani		Independent Director	Any other transaction	Director Sitting Fees		Not Applicable	7.00	0.00
10	Hikal Limited		Sugandha Hiremath		Promoter and Director	Any other transaction	Director Sitting Fees		Not Applicable	6.00	0.00
11	Hikal Limited		Amit Kalyani		Non Executive Director	Any other transaction	Director Sitting Fees		Not Applicable	3.00	0.00
12	Hikal Limited		Shivani Bhasin Sachdeva		Independent Director	Any other transaction	Director Sitting Fees		Not Applicable	4.00	0.00
13	Hikal Limited		Shrikrishna K Adivarekar		Independent Director	Any other transaction	Director Sitting Fees		Not Applicable	4.00	0.00
14	Hikal Limited		Sugandha Hiremath		Promoter and Director	Any other transaction	Commission Paid		Not Applicable	0.00	5.60
15	Hikal Limited		B. N. Kalyani		Non Executive Director	Any other transaction	Commission Paid		Not Applicable	0.00	5.60
16	Hikal Limited		Amit Kalyani		Non Executive Director	Any other transaction	Commission Paid		Not Applicable	0.00	5.60
17	Hikal Limited		Kannan K. Unni		Independent Director	Any other transaction	Commission Paid		Not Applicable	0.00	5.60
18	Hikal Limited		Prakash Mehta		Independent Director	Any other transaction	Commission Paid		Not Applicable	0.00	5.60
19	Hikal Limited		Ranjit Sahani		Independent Director	Any other transaction	Commission Paid		Not Applicable	0.00	5.60
20	Hikal Limited		Shivani Bhasin Sachdeva		Independent Director	Any other transaction	Commission Paid		Not Applicable	0.00	5.60
21	Hikal Limited		Shrikrishna K Adivarekar		Independent Director	Any other transaction	Commission Paid		Not Applicable	0.00	5.60
22	Hikal Limited		Jai Hiremath		Promoter, Director and Key Man	Any other transaction	Deposits paid against pre	200.00	Approved	0.00	200.00
23	Hikal Limited		Sugandha Hiremath		Promoter and Director	Any other transaction	Deposits paid against pre	500.00	Approved	0.00	500.00
			Rushabh Capital Services Private
24	Hikal Limited		Limited		Enterprises owned or controlled	Any other transaction	Deposits paid against pre	11.00	Approved	0.00	11.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

200.00

500.00

11.00

25	Hikal Limited		Sham Wahalekar		KMP of Subsidiary	Any other transaction	Consultancy Charges	42.48	Approved	18.76	3.00	3.00
					Enterprises owned or
26	Hikal Limited		Malvi Ranchoddas and Company		controlled or significantly	Any other transaction	Legal Expenses	50.00	Approved	0.00	4.80	2.71
							Sales Promotion
27	Hikal Limited		HIKAL LLC		Foreign Subsidiary Company	Any other transaction	Expenses		Not Applicable	203.92	0.00	0.00
							Reimbursement of
28	Hikal Limited		Acoris Research Limited		Subsidiary Company	Any other transaction	Expenses		Not Applicable	0.21	1.53	1.74
					Promoter, Director and Key
29	Hikal Limited		Jai Hiremath		Managerial Personnel	Any other transaction	Lease rent Paid	9.00	Approved	1.50	0.00	0.00
30	Hikal Limited		Sugandha Hiremath		Promoter and Director	Any other transaction	Lease rent Paid	72.00	Approved	12.00	0.00	0.00
			Rushabh Capital Services Private		Enterprises owned or
31	Hikal Limited		Limited		controlled or significantly	Any other transaction	Lease rent Paid	32.40	Approved	5.40	0.00	0.00
Total value of transaction during the reporting period								998.35