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Fermenta Biotech Limited
Annual Report 2019-20
Notes to the Standalone financial statements for the year ended March 31, 2020
40 Related parties disclosures as per Ind AS 24 (contd.)
e) Enterprises under significant influence of key management personnel or their relatives:
Magnolia FNB Private Limited
Dupen Laboratories Private Limited
Lacto Cosmetics (Vapi) Private limited
B) Related party transactions:
( H in Lakhs )
Sr. Particulars Holding Subsidiaries Key Enterprise Joint
No. Company management significantly ventures /
personnel* influenced by associates
KMP or their
relatives
1 Remuneration to Directors and Key Management
Personnel (including commission)*
Mr. Krishna Datla - - 274.75 - -
( - ) ( - ) (278.52) ( - ) ( - )
Mr. Satish Varma - - 196.13 - -
( - ) ( - ) (740.11) ( - ) ( - )
Ms. Anupama Datla Desai - - 121.58 - -
( - ) ( - ) (621.78) ( - ) ( - )
Mr. Prashant Nagre - - 186.32 ( - ) ( - )
( - ) ( - ) (279.11) ( - ) ( - )
Mr. Sumesh Gandhi - - 77.00 - ( - )
( - ) ( - ) (77.71) ( - ) ( - )
Mr. Srikant N Sharma - - 53.73 - -
( - ) ( - ) (48.81) ( - ) ( - )
Commission to non-executive directors (excluding
statutory levy)
Mr. Sanjay Buch - - 10.01 - -
( - ) ( - ) (14.67) ( - ) ( - )
Dr. Gopakumar Nair - - 10.01 - -
( - ) ( - ) (14.67) ( - ) ( - )
Ms. Rajeshwari Datla - 10.01 - -
( - ) ( - ) ( - ) ( - ) ( - )
Mr. Vinayak Hajare - 10.01 - -
( - ) ( - ) ( - ) ( - ) ( - )
2 Allowance for doubtful advances
Health and Wellness India Private Limited - - - - -
( - ) ( - ) (37.00) ( - ) ( - )
3 Provision for impairment in the value of investments in
associates
Health and Wellness India Private Limited (including share - - - - -
application money)
( - ) ( - ) ( - ) ( - ) 784.86
Zela Wellness Private Limited - - - - (784.89)
( - ) ( - ) ( - ) ( - ) (78.99)
4 Directors sitting fees
Mr. Krishna Datla - - 2.60 - -
( - ) ( - ) (2.80) ( - ) ( - )
Ms. Rajeshwari Datla - - 5.30 - -
( - ) ( - ) (3.30) ( - ) ( - )
Mr. Satish Varma - - 2.50 - -
( - ) ( - ) (3.60) ( - ) ( - )
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