Marine Electricals India : Related Party Transaction

(In ₹)

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

Details of the party (listed

In case monies are due to

In case any financial

entity

either party as a result of the

indebtedness is incurred to

/subsidiary) entering into

transaction

make or give loans, inter-

corporate deposits, advances

the transaction

or investments

Value of the

Value of

Details of the loans, inter-corporate deposits, advances or

related

transaction

investments

party

during the

transaction

reporting

as approved

period

by the audit

committee

Sl.

Details of the counterparty

Type of related

N

party

o.

transaction

Relationship

Nature of

Nature

Purpose for

of the

indebtedne

(loan/

which the

counterparty

ss (loan/

advance/

funds will be

with the

issuance of

inter-

utilised by the

listed

debt/ any

corporate

ultimate

Name

PAN

Name

PAN

entity or its

Opening

Closing

other etc.)

Cost

Tenure

deposit/

Interest

Tenur

Secured/

recipient of

investment

subsidiary

Balance

Balance

Rate (%)

e

unsecured

funds

(endusage)

1

Marine Electricals

KDU Enterprises

Holding

Purchases

61,34,296.00

27,91,286.25

34,73,609.51

(India) Limited

Pvt Limited :

Company

Rent

1,30,09,500.00

38,38,545

-

Sales

13,43,294

2

Marine Electricals

Philins Industrial

Group Entity

Rent

17,70,000.00

5,66,913.00

(India) Limited

Corporation

Purchase

2,41,943.00

3

Marine Electricals

Switch N

Group Entity

Purchase/Consul

95,71,515.64

-

(India) Limited

Controlgears Pvt.

tancy Fees

Ltd.

Advance to

16,15,202.22

Supplier

Sales

67,42,403.00

30,00,000.00

Rent Receivable

7,78,800.00

4,53,600.00

2,37,600.00

4

Marine Electricals

McGeoch Marine

Group Entity

Advance to

18,06,596.00

-

(India) Limited

Electricals Pvt. Ltd.

Supplier

Sales

53,98,267.56

46,18,815.56

5

Marine Electricals

DKM Precision

Group Entity

Advance to

1,44,00,000.00

-

(India) Limited

Engg.

Supplier

Sales

40,16,000.00

19,16,000/-

6

Marine Electricals

Eltech Engg Madras

Subsidiary

Advance to

18,57,000.00

1,09,76,907.00

1,28,33,907.00

(India) Limited

Pvt. Ltd.

Supplier

7

Marine Electricals

KDU Marine

Group Entity

Purchase

49,638.00

50,814.00

(India) Limited

Equipment Trading

And Maintenance

L.L.C (U.A.E)

Sales

24,25,097.00

41,02,566.00

61,32,585.00

8

Marine Electricals

KDU Worlwide

Group Entity

Sales

44,89,637.00

45,57,726.00

(India) Limited

Technical Services

Ghana Ltd

9

Marine Electricals

MEL Power

Subsidiary

Purchase

98,34,322.00

17,38,495.00

41,43,761.00

(India) Limited

Systems/ Marine

Electricals FZC

Sales

32,59,961.20

39,84,140.00

40,23,617.00

10

Marine Electricals

STI COMPANY

Step - down

Purchase

31,79,770.00

65,99,673.00

8,50,996.00

(India) Limited

SRL

subsidiary

Advance to

-

2,70,86,481.00

2,67,96,728.00

Supplier

11

Marine Electricals

Evigo Charging

Subsidiary

Sales

14,54,775.00

3,51,750.00

18,06,525.00

(India) Limited

Consultant Pvt Ltd

12

Marine Electricals

Rashmi Uchil

Relative

of

Rent paid

4,50,000

(India) Limited

Director

13

Marine Electricals

Reshma Uchil

Relative

of

Salary paid

6,00,000

(India) Limited

Director

14

Marine Electricals

Mr, Vinay Uchil

Chairman &

Remuneration

30,00,000

4,00,000/-

(India) Limited

Director

(KMP)

15

Marine Electricals

Mr.

Venkatesh

Managing

Remuneration

30,00,000

4,00,000/-

(India) Limited

Uchil

Director

(KMP)

16

Marine Electricals

Ms. Namita Sethia

Chief

Remuneration

11,70,000

(India) Limited

Financial

Officer

(KMP)

17

Marine Electricals

Ms. Mitali Ambre

Company

Remuneration

2,08,200

(India) Limited

Secretary

(KMP)