Page 149 - FBL AR 2019-20

CORPORATE STATUTORY FINANCIAL
OVERVIEW STATEMENTS STATEMENTS

Notes to the Standalone financial statements for the year ended March 31, 2020

39 Other expenses (contd.)
( H in Lakhs )
March 31, 2020 March 31, 2019
Allowance for doubtful inter-corporate deposit given to an - 37.00
associate
Travelling and conveyance 714.08 628.01
Professional and legal fees 785.72 758.69
Payment to auditors (Refer note 42) 47.69 60.42
Postage and telephone 49.67 48.99
Printing and stationery 85.44 66.91
Security Expenses 106.10 85.65
Staff recruitment expenses 17.63 26.11
Bank charges 94.90 64.82
Initial cost for operating leases 59.32 52.28
Analytical Charges 136.72 127.65
Loss on sale/ write off, of property, plant and equipment (net) 15.53 57.73
Donations - 2.42
Corporate social responsibility expenses 175.58 87.55
Miscellaneous expenses 224.78 414.29
Total 9,830.66 11,795.58

40 Related parties disclosures as per Ind AS 24
A) Names of the related parties and description of relationships
a) Holding Company:
Country of Proportion of ownership interest as at
Incorporation March 31, 2020 March 31, 2019
DVK Investments Private Limited India
Subsidiaries:
Aegean Properties Limited India 100% 100%
CC Square Films Limited India 100% 100%
Fermenta Biotech Gmbh (w.e.f. September 05, 2019) Germany 100% -
Fermenta Biotech (UK) Limited United Kingdom 100% 100%
G.I. Biotech Pvt Limited India 62.50% 62.50%

b) Key Management Personnel
Name of Key Management Personnel Designation
Mr. Krishna Datla (also a person controlling the Holding Company) Managing Director
Mr. Satish Varma Executive Director
Ms. Anupama Datla Desai (also relative of the Managing Director) Executive Director
Mr. Sanjay Buch Non-Executive Director
Ms. Rajeshwari Datla (also relative of the Managing Director) Non-Executive Director
Dr. Gopakumar Nair Non-Executive Director
Mr. Vinayak Hajare Non-Executive Director
Mr. Prashant Nagre Chief Executive Officer
Mr. Sumesh Gandhi Chief Financial Officer
Mr. Srikant N Sharma Company Secretary
c) Joint Venture
Agastya Films LLP (up to December 31, 2018)
d) Associates
Health and Wellness India Private Limited
Zela Wellness Private Limited (up to November 29, 2018)
Silk Road Communications Private Limited (Associate of Holding Company)

147