Page 296 - BCML AR 2019-20

FINANCIAL STATEMENTS

Notes forming part of the Consolidated Financial Statements

Note No. : 37 Other disclosures (Contd.)

(b) Transactions with Related parties : (` in Lacs)

Nature of transaction / Associates Significant Key Close Total
Name of the related party influence Managerial members of
entities Personnel family of
(KMP) KMP
(i) Compensation/Remuneration of KMP
Shri Vivek Saraogi - - 636.43 - 636.43
( - ) ( - ) (645.30) ( - ) (645.30)
Dr. Arvind Krishna Saxena - - 31.52 - 31.52
( - ) ( - ) (29.02) ( - ) (29.02)
(ii) Investment in equity shares
Auxilo Finserve Pvt. Ltd. 8250.00 - - - 8250.00
(3750.00) ( - ) ( - ) ( - ) (3750.00)
(iii) Redemption of Investment in debentures
(at amortized cost)
Visual Percept Solar Projects Pvt. Ltd. 1646.05 - - - 1646.05
( - ) ( - ) ( - ) ( - ) ( - )
(iv) Interest income (at amortized cost)
Visual Percept Solar Projects Pvt. Ltd. 284.93 - - - 284.93
(191.66) ( - ) ( - ) ( - ) (191.66)
(v) Recovery towards deputation of employee
Visual Percept Solar Projects Pvt. Ltd. 3.95 - - - 3.95
( - ) ( - ) ( - ) ( - ) ( - )
(vi) Contribution to employees defined benefit
plan
The Balrampur Sugar Company Limited - 1684.12 - - 1684.12
Employees Gratuity Fund
( - ) (1208.56) ( - ) ( - ) (1208.56)
(vii) Interim dividend paid to equity shareholders
Shri Vivek Saraogi - - 861.73 - 861.73
( - ) ( - ) (892.00) ( - ) (892.00)
Dr. Arvind Krishna Saxena - - 0.39 - 0.39
( - ) ( - ) (0.41) ( - ) (0.41)
Smt. Sumedha Saraogi - - - 633.18 633.18
( - ) ( - ) ( - ) (229.15) (229.15)
Late Karan Saraogi - - - - -
( - ) ( - ) ( - ) (426.32) (426.32)
Smt. Avantika Saraogi - - - 83.49 83.49
( - ) ( - ) ( - ) (86.81) (86.81)
Smt. Stuti Dhanuka - - - 112.14 112.14
( - ) ( - ) ( - ) (116.46) (116.46)

294 | Balrampur Chini Mills Limited