CIN : L55101DL1980PLCO11037 E-mail : … · 2020. 9. 11. · Mr, Dinesh Chandra Ketharl Mr. Ramesh...
Transcript of CIN : L55101DL1980PLCO11037 E-mail : … · 2020. 9. 11. · Mr, Dinesh Chandra Ketharl Mr. Ramesh...
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REGISTERED OFFICE :
BHIKAIUI CAMA PLACE, M.G. MARG,
NEW DELHI - 110046
TELEPHONE ; 26791234
FAX : 26791033 ASIAN HOTELS
CIN : L55101DL1980PLCO11037
Website : www.asianhotelsnorth.com
E-mail : [email protected]
ASIAN HOTELS (NORTH) LIMITED AHL/CS/1013/2020 11" September, 2020
Corporate Services Department BSE Ltd.
Phiroz Jeejeebhoy Towers, Dalal Street, Mumbai- 400001 Scrip Code / Scrip ID: 500023/ASIANHOTNR
Listing Department
National Stock Exchange of India Ltd.
Exchange Plaza, 5" Floor, Plot No. C/1, G Block,
Bandra — Kurla Complex
Bandra (E), Mumbai — 400 051 Scrip Code / Symbol: 233/ASIANHOTNR
Dear Sirs,
Sub: Disclosure of Related Party Transactions for the half year ended 31‘ March, 2020,
pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
In pursuance of Regulation 23(9) of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, please find attached disclosure of Related Party Transactions for the half year ended 31°! March, 2020.
Please take the above on record.
Thanking you,
Yours faithfully,
For Asian Hotels (North) Limited , _
& Company Sceretary
Encl: as above
OWNERS OF : HYATT REGENCY DELHI
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Mr. Shiv Kumar Jatia
Mr. Amritash Jatia
Yans Enterprises (HK) Limited
Fineline Holding Limited
Asian Holdings Pvt, Ltd,
RSJ Holdings Ltd., Mauritius
{c) Related parties
Rey Management Personnel Mr. Shiv Kumar Jatia
Ms. Anita Thapar
Mr. Tapesh Bharat Kumar Goenka
Mr. Sanjay Banthiya
Dr. Lalit Bhasin
Mr. Dinesh Chandra Kothari
Mr. Amritesh latia
Mr, Dipendra B Goenka
Mr, Pinakl Misra
Mr. Ranjan K Bhattacharya
Mr. Dinesh Kumar Jain
Ir. Prakash Chandra Sharma is. Nitika Garg (Company secretary)
s. Priya Sethi (Chief Financial Officer)
s. Rabab Zaidi (Company secretary)
ir. Ajay Kumar (Chief Financial Officer) ZZZz2=2
Relative of Key Management Personnel
Mr. Amritesh Jatia
Mrs. Archana Jatia
Mr. Ramesh Jatia
FINANCIAL ST) TEMENTS FOR THE PERIOD 01.10.2019 TO 31.03.2020
(a) Individuals and his relatives having control over the Group {either directly or indirectly}
Chairman & Managing Director
Non-Executive Director
(b) Companies which significantly influence the Group (either directly or indirectly)
An overseas entity
An overseas entity
A domestic entity
An overseas entity Taken from FCHPL (Consolidated)
Chairman & Managing Director
Whole Time Director
Executive Director
independent Non-Executive Director of the Subsidiary Company
Independent Non-Executive Director
Independent Non-Executive Director of the Holding Company
Non-Executlve Director
Non-Executive Director the Holding Company
Independent Non-Executive Directoy the Holding Company
Independent Non-Executive Director the Holding Company
Company Secretary of the Holding Company
Chief Financial Officer of the Holding Company
Company Secretary of the Subsidiary Company (Til! 2nd June, 2020)
Chief Financial Officer of the Subsidiary Company
Company Secretary of the Subsidiary Company (Till 1st October, 2019}
Chief Financial Officer of the Subsidiary Company [Till 10th April, 2019)
Director and son of Mr. Shiy Kumar Jatia
Director and wife of Mr. Shiv Kumar Jatia
Brother of Mr. Shiy Kumar Jatia
Mr. Raj Kumar Jatla Brother of Mr. Shiv Kumar Jatia
Entities controlled by Directors or their relatives
Bhasin & Co.
Energy Infrastructure (1) Limited
Leading Hotels Limited
Heyking Ltd., Hongkong
Deuchny Properties Ltd., Mauritius
RSJ Holdings Ltd, Mauritius
GBX Trading FZE, UAE
Experimental Restaurants Private Limited
{b) Transactions with related parties:
Total
HY2029-20..": Fy2018-19 (Rs. in Lakhs} {Rs. In Lakhs}:
Room, Foad, Beverages and other services 21.49 : 33,57
Remuneration 166,33 | 347.53 Professional Charges G75 8.32
Director's Sitting fees 9.50 23.70
Loan taken 3.44, 10.03
Loan repaid 986.69. 55.34
Interest expenses 66.24 112.41
Day to day service 3.13 25.25
Purchase 55.34" 0.70
Balance Outstanding
(RS, Ja Lakes}: 7.02
Key Management Personnel an their relatives
Entities controlled by Directors or their relatives 11.06
Total 18,08
Note:
(i) The above related party transactions have been reviewed periodically by the Board of Directors of the Company vis-a-vis the applicable provisions of the
Companies Act, 2013, and Justification of the rates being charged/ terms thereof and approved the same.
(It) The details of guarantees and collaterals extended by the related parties in respect of borrowings of the Group have been given at the respective notes,
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(f) Disclosure in respect of related party-wise transactions
Room, Food, Beverages and other services
Bhasin & Ca.
Experimental Restaurants Private Limited
Mr. Ranjan Kishore Bhattacharya
Mr, Pinaki Misra
Dr. Lalit Bhasin Mr. Dinesh Jain
Day to Day Services
Experimental Restaurants Private tmlted 25.25
Remuneration
Mr. Shiv Kumar Jatia*
Ms. Anita Thapar*
Mr. Dinesh Kumar Jain
Mr. Prakash Chandra Sharma
Ms. Rabab Zaidi
Mr. Ajay Kumar
Ms. Nitika Garg
Ms. Priya Sethi
Professional Charges
Bhasin & Co. 8.32
Purchases
Energy Infrastructure {I) Limited
Experlmental Private Limited Director's Sitting fees
Ms. Anita Thapar*
Dr. Lalit Bhasin
Mr. Dinesh Chandra Kothari Mr, Sanjay Banthiya
Mr. Dipendra B Goenka
Mr. Pinaki Misra
Mr. Ranjan K Bhattacharya
Loan taken frorn Fineline Holding Limited
GBX Trading FZE, UAE
Heyking Limited
Deuchny Properties Ltd.
Interest expenses
GBX Trading FZE, UAE
Loan repayment to Fineline Holding Limited
Heyking Limited
Amritesh Jatia
Deuchny Properties Ltd,
GBX Trading FZE
0.30
7.10
7.10
0,70 4,30
4.20
Balance Outstanding
Energy Infrastructure (I) Limited
Bhasin & Co.
Or. Lalit Bhasin
Mr. Shiv Kumar Jatia
Mr. Amritesh Jatia
Mr, Dinesh Chandra Ketharl Mr. Ramesh Jatia
Mr, Raj Kumar Jatla
Mr, Dipendra B Goenka
Mr. Pinaki Misra
Heyking Limited
Fineline Holding Limited
GBX Trading FZE
Deuchny Properties Ltd.
Note: The above transactions excludes changes due to exchange rate fluctuation. For Asian Mptels (North) Limited
* These Include Provident Fund paid / payable by the employer, ~y
Prakash Chandra Sharma
Vice President - Corporate Finance