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55:23:; PLASTIBLENDS December 04, 2019 To, To, Department of Corporate Services Corporate Relation Department BSE Limited National Stock Exchange of India Floor 25, Phiroze Jeejeebhoy Tower, Limited Dalal Street, Exchange Plaza, 5th Floor, Plot No. C/ 1, Mumbai 400 001 G— Block, Bandra Kurla Complex, Bandra (East), Mumbai- 400 051 e : Scrip Code :523648 Re.: Stock Code : PLASTIBLEN Sub. : Submission of disclosure on Related Pam Transactions Dear Sir/Madam, Pursuant to the Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find enclosed herewith disclosure of Related Paity Transactions for the half year ended September 30, 2019. Please take the same on record. Thanking you, . Yours truly, For Plastiblends India Limited Himanshu Mhatre . ' Company Secretary . Encl : As above 9 O Merging Ideas .G-— Plastiblends India Ltd., Fortune Terraces, A-Wing, 10“ Floor, Opp. Citi Mall, Link Road, Andheri (W) Mumbai- 400 053. india 0 Tel. : +91 22 67205200, 022 26736467 / 8 / 9, 022 62369313 . Fax : +91 22 26736808 - Email : pbi@ko|sitegroup. com-:Web www. plastiblendscom .. o CIN : L25200MH1991PL0059943 - o

Transcript of 55:23:; PLASTIBLENDS

Page 1: 55:23:; PLASTIBLENDS

55:23:; PLASTIBLENDS

December 04, 2019

To, To,Department of Corporate Services Corporate Relation DepartmentBSE Limited National Stock Exchangeof IndiaFloor 25, Phiroze Jeejeebhoy Tower, LimitedDalal Street, Exchange Plaza, 5th Floor, Plot No. C/1,Mumbai — 400 001 G— Block, Bandra Kurla Complex,

Bandra (East), Mumbai- 400 051

e : Scrip Code :523648 Re.: Stock Code : PLASTIBLEN

Sub. : Submission of disclosure on Related Pam Transactions

Dear Sir/Madam,

Pursuant to the Regulation 23(9) of the Securities and Exchange Board of India(Listing Obligations and Disclosure Requirements) Regulations, 2015 pleasefind enclosed herewith disclosure ofRelated Paity Transactions for the halfyearended September 30, 2019.

Please take the same on record.

Thanking you,

. Yours truly,For Plastiblends India Limited

Himanshu Mhatre . 'Company Secretary .Encl : As above 9 O

Merging Ideas .G-—Plastiblends India Ltd., Fortune Terraces, A-Wing, 10“ Floor, Opp. Citi Mall, Link Road, Andheri (W) Mumbai- 400 053. india 0

Tel. : +91 22 67205200, 022 26736467 / 8 / 9, 022 62369313 . Fax : +91 22 26736808 - Email : pbi@ko|sitegroup. com--:Web www.plastiblendscom..oCIN : L25200MH1991PL0059943 - o

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Related Party Disclosures (Ind AS 24)

Names of Related Parties with whom transactionswere carried our during the half year endedSeptember30, 2019

a. Promoters and KeyManagementPersonnel (KMPs)

SN Name of Related Parties Relationship1 Kolsite Corporation LLP Promoter2 Kabra Extrusiontechnik Ltd. Promoter3 Shreevallabh Gopilal Kabra Chairman4 Satyanarayan Gopilal Kabra Vice Chairman & Managing Director5 Varun Satyanarayan Kabra Managing Director6 Jyoti Varun Kabra Director7 Saritadevi Satyanarayan Kabra Relative of KMP (Wife of Mr. Satyanarayan Kabra)8 Veenadevi Shreevallabh Kabra Relative of KMP (Wife of Mr. Shreevallabh Kabra)9 Pushp Raj Singhvi Independent Director10 Sudarshan K. Parab Independent Director11 Bajrang Lal Bagra Independent Director12 Rahul R. Rathi Independent Director

b. IndependentDirectorSN Name of IndependentDirectors1 Shri Pushp Raj Singhvi2 Shri Sudarshan K. Parab3 Shri Bajrang Lal Bagra4 Shri Rahul R. Rathi

c. Other Related Parties with whom there were transactionsduring the year:SN Entities Controlled or Jointly Controlled by the Related Parties1 Kabra Extrusiontechnik Ltd.2 Maharashtra Plastic & Industries.3 Maharashtra Plastic Industries.4 Kolsite Corporation LLP.

5 Shima Polymers.6 Smartech Global Solutions Ltd.

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d. The following transactionswere carried out with the related parties in the ordinary courseof business :

(Rs. in Lacs)

, Entities Controlled by Directors Key Management PersonnelNature of Transactions Half Year ended Half Year ended

Sept 30, 2019 Sept 30, 2018 Sept 30, 2019 Sept 30, 2018

Sale of Goods 288.93 246.10 - -

Purchase of Goods and service 136.51 60.07 - -

Sale of Assets - — - -

Purchase of Assets - 65.53 - —

Dividend Paid 183.16 166.51 - -

Dividend Received — 16.55 - -

Commission Paid 37.77 29.75 - -

Rent Paid 197.41 190.21 — -

Rent Received 7.02 6.62 - -

Cash DiscountReceived - - — -

Interest Received - - - -

interest Paid 1.47 1.72 - -

Payment to KMP:

Remuneration & Short term benefits - - 70.72 67.83

Director’s Sitting Fees - - 3.20 3.40