Satia Industries : Related Party Transaction

Satia Industries Limited- Disclosure of Related Party Transactions for the half year/ six months ended March 31,2022

Rs: in lac

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.

S. No

Details of the counterparty

Type of related party

Value of the

Value of

In case monies are due to either

In case any financial indebtedness is

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

Details of the party (listed

transaction

related party

transaction

party as a result of the

incurred to make or give loans, inter-

investments

entity /subsidiary)

transaction as

during the

transaction

corporate deposits, advances or

entering into the

approved by the

reporting

investments

transaction

audit committee

period

Name

PAN

Relationship of the

Opening

Closing balance

Nature of

Cost

Tenure

Nature (loan/

Interest

Tenure

Secured/

Purpose for

counterparty with

balance

indebtedne

advance/ inter-

Rate (%)

unsecured

which the

the listed entity or its

ss (loan/

corporate

funds will

subsidiary

issuance of

deposit/

be utilised

debt/ any

investment

by the

Name

PAN

other etc.)

ultimate

recipient of

funds (end-

Sale

-

18.76

-

19.94

Satia Industries

T.C. Spinners Private Limited

Sale

-

1.17

-

14.25

-

-

-

-

-

-

-

-

Limited

Enterprises of

2

relative of Promoter

-

-

-

-

-

-

-

-

and KMP

-

Purchase

-

30.06

-

Satia Industries

Satia Paper Mills

Enterprises of

-

-

-

Limited

823.27

-

-

-

-

-

3

relative of Promoter

Sale

-

-

6.89

and KMP

Rent

-

1.42

-

-

-

-

-

-

-

-

-

-

Satia Industries

Dr. Ajay Satia

Dividend

-

22.35

-

4

Limited

Chairman cum

Managing Director

-

51.35

-

-

-

-

-

-

-

-

Remuneration

-

242.86

Satia Industries

Mr. R.K. Bhandari

Dividend

-

0.23

-

5

Limited

Joint Managing

Director

Remuneration

-

48.48

-

0.47

-

-

-

-

-

-

-

-

Satia Industries

Mr. Chirag Satia

Rent

-

4.97

-

-

-

-

-

-

-

-

-

-

6

Limited

Executive Director

Remuneration

-

150.10

-

31.54

-

-

-

-

-

-

-

-

Dividend

-

6.96

-

-

-

-

-

-

-

-

-

7

Satia Industries

Mr. Hardev Singh

Limited

Technical Director

Remuneration

-

22.56

-

2.42

-

-

-

-

-

-

-

-

8

Satia Industries

Mrs Bindu Satia

Limited

KMP

Rent

-

0.47

-

0.47

-

-

-

-

-

-

-

-

9

Satia Industries

Mr. Dhruv Satia

Limited

KMP

Rent

-

21.30

-

3.67

-

-

-

-

-

-

-

-

10

Satia Industries

Mrs. Kiran Bhandari

Related Party

Limited

Place of Profit

-

14.67

-

1.88

-

-

-

-

-

-

-

-

Satia Industries

Mr. Rakesh Kumar Dhuria

KMP

11

Limited

(Company Secretary)

Remuneration

-

6.65

-

1.23

-

-

-

-

-

-

-

-

Satia Industries

Mr. Rachit Nagpal (CFO w.e.f : -

KMP

12

Limited

04.09.2021)

Remuneration

-

10.30

-

1.38

-

-

-

-

-

-

-

-

13

Satia Industries

Sh.Avinash Chander Ahuja

Limited

Director

Sitting Fees

-

1.35

-

-

-

-

-

-

-

-

-

-

14

Satia Industries

Sh.Inder Dev Singh

Limited

Director

Sitting Fees

-

1.25

-

-

-

-

-

-

-

-