MAIN · Agro-Commercial Finance Limited 4,700 4,700 Loans and advances taken repaid Sustainable...

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MAIN Jain? Irrigation Systems Ltd. Small Ideas. Big Revolutions.’ "Leave this world better than you found it." Founder - Bhavarlal H. Jain (1937 - 2016) JISL/SEC/2019/11/B-2/B-6 25th November, 2019 To, To, Bombay Stock Exchange Ltd., National Stock Exchange of India Ltd.. Corporate Relationship Department, Exchange Plaza, C—1, Block G, 1st Floor, New Trading Wing, Rotunda Bandra Kurla Complex, Building, P. J. Tower. Dalal Street, Bandra (East), Mumbai - 400 001. Mumbai - 400 051. Fax No.022— 22723121/22722037(Day) Fax No. : 022-26598237/38 022-22721072 (Night) Email : [email protected] Email: corp.relations©bseindiacom Ref: Code No. 500219 (BSE) & JISLJALEQS (NSE) for Ordinary Equity Shares Code No. 570004 (BSE) & JISLDVREQS (NSE) for DVR Equity Shares Sub: Disclosure of Related Party Transactions pursuant to Regulation 23 (9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, Attached is the disclosure in-compliance with Regulation 23 (9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 pertaining to Related Party Transactions on a consolidated basis for the half year ended September 30, 2019 in the format specified in the relevant accounting standards for your record and reference. Please receive the above in order, take the same on record and acknowledge. Thanking you, Yours faithfully, F r Jain Irrigation Systems Limited, A ham Company Secretary Regd. Off.: Jain Plastic Park, P.O. Box: 72, NH. No. 6, Jalgaon - 425 001. India. Tel: +91-257-2258011; Fax: +91-257-2258111; E-mail: jis|@jains.com; Visit us at: www.jains.com CIN: L29120MH1986PLC042028 E!

Transcript of MAIN · Agro-Commercial Finance Limited 4,700 4,700 Loans and advances taken repaid Sustainable...

Page 1: MAIN · Agro-Commercial Finance Limited 4,700 4,700 Loans and advances taken repaid Sustainable Agro-Commercial Finance Limited 202 202 Interest Paid (on an arm's length basis) Sustainable

MAINJain? Irrigation Systems Ltd.

Small Ideas. Big Revolutions.’

"Leave this world better than you found it."

Founder - Bhavarlal H. Jain (1937 - 2016)

JISL/SEC/2019/11/B-2/B-6 25th November, 2019

To, To,

Bombay Stock Exchange Ltd., National Stock Exchange of India Ltd..

Corporate Relationship Department, Exchange Plaza, C—1, Block G,

1st Floor, New Trading Wing, Rotunda Bandra Kurla Complex,

Building, P. J. Tower. Dalal Street, Bandra (East),

Mumbai - 400 001. Mumbai - 400 051.

Fax No.022— 22723121/22722037(Day) Fax No. : 022-26598237/38

022-22721072 (Night) Email : [email protected]

Email: corp.relations©bseindiacom

Ref: Code No. 500219 (BSE) & JISLJALEQS (NSE) for Ordinary Equity SharesCode No. 570004 (BSE) & JISLDVREQS (NSE) for DVR Equity Shares

Sub: Disclosure of Related Party Transactions pursuant to Regulation 23 (9) of theSEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dear Sir/Madam,

Attached is the disclosure in-compliance with Regulation 23 (9) of the SEBI (Listing

Obligations and Disclosure Requirements) Regulations, 2015 pertaining to Related Party

Transactions on a consolidated basis for the half year ended September 30, 2019 in the

format specified in the relevant accounting standards for your record and reference.

Please receive the above in order, take the same on record and acknowledge.

Thanking you,Yours faithfully,

F r Jain Irrigation Systems Limited,

A hamCompany Secretary

Regd. Off.: Jain Plastic Park, P.O. Box: 72, NH. No. 6, Jalgaon - 425 001. India.

Tel: +91-257-2258011; Fax: +91-257-2258111; E-mail: jis|@jains.com; Visit us at: www.jains.com

CIN: L29120MH1986PLC042028

E!

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Jain Irrigation Systems Ltd

(Code: BSE: 500219 NSE: JISLJALEQS)

Transaction carried out with the related parties in the ordinary course of business during

the period from 01.04.2019 to 30.09.2019 is as follows

PART A- P&L Account related

Rs. In Lacs

Sr. I Transactions (All pre-approved) Ha|_f Year endedon September,

2019

1 Sale of Goods/Services

_ _ Driptech India Pvt Ltd. 347Jain Farm Fresh Foods Ltd 1.439Sustainable Agro-Commercial Finance Ltd. 9

Anubhuti Residential School 68

Total 1,863

2 Rent Received_ Driptech India Pvt Ltd. 4

Sustainable Agro-Commercial Finance Limited 2Total 6

3 Purchase of Goods/ServicesJain Farm Fresh Foods Ltd. 59

Jain Health Care Services 1

Gandhi Research Foundation 3Driptech India Pvt Ltd. 2Total 64

4 Loans and advances taken

Sustainable Agro-Commercial Finance Limited 4,700Total 4,700

5 Loans and advances taken repaid

Sustainable Agro-Commercial Finance Limited 202

Total 202

6 Interest Paid (on an arm's length basis)

Sustainable Agro-Commercial Finance Limited 295

Total

7 Interest Received (on an arm's length basis)

Jain Processed Foods Trading & Investments Pvt. Ltd. 9

Total _ 98 Rent Paid

Shri Ashok B Jain 34

Shri Ajit B Jain 85Shri Atul B Jain 24Smt Jyoti A Jain 29Smt Nisha A Jain 71Smt. Shobhana A Jain 5

Smt. Bhavana A Jain 5Drip & Pipe Suppliers 2

Jain Brothers Industries Pvt. Ltd. 11

Driptech India Pvt. Ltd.. Jalgaon 1

Total 267

9 Remuneration (as per Shareholders approval)

Shri Ashok B Jain 310Shri Anil B Jain 310Shri Aiit B Jain 310Shri Atut B Jain 310Shri R. Swaminathan 6

Total 1244

10 Remuneration to KMP

Shri A V Ghodgaonkar 60

Total 60

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PART B-Balance Sheet Related Rs. In Lacs

‘ — ‘ Wrfiéd

_ Balances

on 30‘“September,2019

Accounts Receivable

Jain Farm Fresh Foods Limited _ _ 5,858

Bhavarlal and Kantabai Jain Multipurpose Foundation 48

Jgin Processed Fo_ogs Trading & Investments Pvt Ltd 156

Driptech India Pvt Ltd. 123

Sustainable Agro-Commercial Finance Ltd 24

Total 6,209

Accounts Payable

Drip & Pipe Suppliers: 1

Jain Brothers Industries Pvt. Ltd. 4

Gandhi Research Foundation — 2

Total 7

Loan Payable

Sustainable Agro-Commercial Finance Ltd 4,625

Total 4,625

Advance given for materialslservices

Jain Farm Fresh Foods Limited 8,034

Total 8,034

Deposit Receivable

Shri Ashok B Jain 426

Shri Ajit B Jain 1,054

Shri Atul B Jain 294

Smt Jyoti A Jain 360

Smt Nisha A Jain 877

Smt Shobhana A Jain 58

Smt Bhavana A Jain 58

Jain Brothers Industries Pvt. Ltd. 133

Drip & Pipe Supplier _ _25JAF Products Pvt. Ltd. 5

Jain Computer & Allied Services 7

Total 3,297