Page 150 - FBL AR 2019-20
P. 150

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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