THE BOMBAY BURMAH TRADING CORPORATION, LIMITED The Bombay Burmah Trading Corporation, Limited | ||||||||||||||||||
Related Party Transactions for half year ending 31st Mar'22 | (Rs. in lakhs) | |||||||||||||||||
Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or | ||||||||||||||||||
S. No. | Details of the party (listed entity/subsidiary) entering into the | Details of the counterparty | Type of related party transaction | Value of the related party | Value of transaction | In case monies are due to either | In case any financial indebtedness is incurred to | Details of the loans, inter-corporate deposits, advances or investments | ||||||||||
transaction | transaction as approved by | during the reporting | party as a result of the | make or give loans, inter-corporate deposits, | ||||||||||||||
the audit committee | period | transaction | advances or investments | |||||||||||||||
Name | PAN | Name | PAN | Relationship of the counterparty | Opening | Closing | Nature of indebtedness (loan/ | Cost | Tenure | Nature (loan/ advance/ | Interest | Tenure | Secured/ | Purpose for which the funds | ||||
with the listed entity or its | Balance | Balance | issuance of debt/ any other | intercorporate deposit/ | Rate (%) | Unsecured | will be utilised by the ultimate | |||||||||||
subsidiary | (01.10.22) | (31.03.22) | etc.) | investment) | recipient of funds (endusage) | |||||||||||||
1 | The Bombay Burmah Trading Corporation, Limited | Britannia Industries Limited | Stepdown Subsidiary | ICDs taken | As per limits approved by the | 19,000.00 | Inter corporate deposit | 8.75% | 1 year | Unsecured | ||||||||
Board | ||||||||||||||||||
ICDs repaid | As per agreed terms | 3,000.00 | 23,327.78 | 39,664.30 | ||||||||||||||
Interest expenses | As per agreed terms | 1,421.34 | ||||||||||||||||
Expenses charged to them | 2128.75 | 106.99 | ||||||||||||||||
2 | The Bombay Burmah Trading Corporation, Limited | National Peroxide Limited | Other Related Party | ICDs repaid | As per limits approved by the | 2,500.00 | Inter corporate deposit | 9.25% | 6 months | Unsecured | ||||||||
Board | ||||||||||||||||||
2,526.63 | 13.93 | |||||||||||||||||
Interest expenses | As per agreed terms | 109.61 | ||||||||||||||||
Expenses charged by them | 50.00 | 31.47 | ||||||||||||||||
3 | The Bombay Burmah Trading Corporation, Limited | The Bombay Dyeing & Manufacturing Company | Associate | ICDs placed | As per limits approved by the | 24,200.00 | Inter corporate deposit | 10% | 2 years | Unsecured | Working capital | |||||||
Limited | Board | |||||||||||||||||
ICDs redeemed | As per agreed terms | 19,650.00 | ||||||||||||||||
Expenses charged by them | 15.78 | 10,379.17 | 14,505.38 | |||||||||||||||
Expenses charged to them | 52.5 | 0.40 | ||||||||||||||||
Sale of products / services | 3.29 | |||||||||||||||||
Interest income | As per agreed terms | 878.89 | ||||||||||||||||
Security deposit repaid | 300.00 | |||||||||||||||||
4 | The Bombay Burmah Trading Corporation, Limited | Go Airlines (India) Limited | Associate | ICDs placed | As per limits approved by the | 16,500.00 | Inter corporate deposit | 10% | 1 year / repayable on | Unsecured | Operational payment | |||||||
Board | demad | |||||||||||||||||
ICDs redeemed | As per agreed terms | 12,500.00 | 27,763.68 | 31,749.76 | ||||||||||||||
Sale of products / services | 1554.50 | 10.15 | ||||||||||||||||
Interest income | As per agreed terms | 1,390.14 | ||||||||||||||||
5 | The Bombay Burmah Trading Corporation, Limited | Sea Wind Investment and Trading Company Ltd. | Wholly Owned Subsidiary | ICDs placed | - | Inter corporate deposit | 9.50% | 1 year / repayable on | Unsecured | For business purpose | ||||||||
demand | ||||||||||||||||||
3,562.43 | 1,548.49 | |||||||||||||||||
ICDs redeemed | As per agreed terms | 1,950.00 | ||||||||||||||||
Interest income | As per agreed terms | 161.55 | ||||||||||||||||
6 | The Bombay Burmah Trading Corporation, Limited | Macrofil Investments Limited | Other Related Party | Advances given | 1.20 | - | - | |||||||||||
Advances repaid | 1.20 | |||||||||||||||||
7 | The Bombay Burmah Trading Corporation, Limited | Afco Industrials & Chemicals Limited | Wholly Owned Subsidiary | Expenses charged by them | 42.00 | 34.26 | 44.31 | 53.91 | ||||||||||
Expenses charged to them | 2.18 | |||||||||||||||||
8 | The Bombay Burmah Trading Corporation, Limited | Naira Holdings Limited | Stepdown Subsidiary | Expenses charged by them | 30.00 | 15.56 | - | - | ||||||||||
Expenses charged to them | 38.14 | |||||||||||||||||
9 | The Bombay Burmah Trading Corporation, Limited | Nowrosjee Wadia and Sons | Promoter Group Company | Expenses charged by them | 95.00 | 62.19 | 0.39 | 1.52 | ||||||||||
10 | The Bombay Burmah Trading Corporation, Limited | DPI Products and Services Limited | Wholly Owned Subsidiary | Advances repaid | 23.00 | 91.54 | 68.54 | |||||||||||
11 | The Bombay Burmah Trading Corporation, Limited | Wadia Techno Engineering Services Ltd | Other Related Party | - | 1.18 | 1.18 | ||||||||||||
12 | The Bombay Burmah Trading Corporation, Limited | Panella Foods and Beverages Private Limited | Other Related Party | Sale of products / services | 14.00 | 6.55 | 7.26 | 7.52 | ||||||||||
13 | The Bombay Burmah Trading Corporation, Limited | Medical Microtechnology Limited | Associate | Expenses charged to them | 0.04 | - | 1.89 | 1.89 | ||||||||||
14 | The Bombay Burmah Trading Corporation, Limited | BRT Limited | Other Related Party | Advances given | 1.97 | 14.93 | 14.60 | |||||||||||
Advances repaid | 2.31 | |||||||||||||||||
15 | The Bombay Burmah Trading Corporation, Limited | Leila Lands Senderian Berhad | Wholly Owned Subsidiary | Dividend income | 2,977.77 | |||||||||||||
Management / secondment charges | 2.50 | 2.13 | ||||||||||||||||
paid | ||||||||||||||||||
Mr. Ness Wadia | KMP - Managing Director | Sitting fees | 2.40 | |||||||||||||||
Remuneration | 209.99 | |||||||||||||||||
Mr. Sanjay Kumar Chowdhary | KMP - Company Secretary | Remuneration | 325.000 | 22.98 | ||||||||||||||
Mr. Nitin H Datanwala | KMP - Chief Financial Officer | Retainer Fees | 39.13 | |||||||||||||||
Interest income | 0.18 | |||||||||||||||||
16 | The Bombay Burmah Trading Corporation, Limited | Loans Outstanding | - | 12.00 | 12.00 | |||||||||||||
Dr. (Mrs) Minnie Bodhanwala | KMP - Non-Executive Directors | Sitting fees | 3.55 | |||||||||||||||
Mr. Rajesh Batra | KMP - Non-Executive Directors | Sitting fees | 3.75 | |||||||||||||||
Mr. Yashwant Shankarrao Patil Thorat | KMP - Non-Executive Directors | Sitting fees | 5.00 | |||||||||||||||
Mr. Vinesh Kumar Jairath | KMP - Non-Executive Directors | Sitting fees | 3.00 | |||||||||||||||
Mrs. Gauri Atul Kirloskar | KMP - Non-Executive Directors | Sitting fees | 2.80 | |||||||||||||||
The Bombay Burmah Trading Corporation Limited | ||||||||||||||||||
Covenanted Staff Gratuity Fund | 16.60 | |||||||||||||||||
The Bombay Burmah Trading Corporation Limited | Contributions during the year | |||||||||||||||||
Employees' Gratuity Fund | Post employment-benefit plan | 203.20 | ||||||||||||||||
17 | The Bombay Burmah Trading Corporation, Limited | (includes Employees' share and | ||||||||||||||||
The Bombay Burmah Trading Corporation Limited | entities | |||||||||||||||||
contribution) | ||||||||||||||||||
Employees' Superannuation Fund | 98.39 | |||||||||||||||||
The Bombay Burmah Trading Corporation Limited | ||||||||||||||||||
Employees' Exempt Provident Fund | 79.91 | |||||||||||||||||
Purchase of shares by way of Inter- | ||||||||||||||||||
18 | The Bombay Burmah Trading Corporation, Limited | Jer Mavis Settlement II | Promoter Group of BDMC | se transfer among Promoters | 259.84 |
Note:
- The value of the related party transaction denotes the amount approved by the Audit Committee / Board of Directors of The Bombay Burmah Trading Corporation, Limited, as applicable, for financial year 2021-22
- As per the guidance note for disclosure of related party transactions dated 25th April, 2022, issued by the Stock Exchanges, since the Company is filing the RPT disclosure in PDF format, the PAN details are not to be included in the disclosure.
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Bombay Burmah Trading Corp. Ltd. published this content on 15 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 July 2022 14:43:09 UTC.
