JSHL:2020: December 2, 2020
BSE Limited National Stock Exchange of India Ltd.
Ist Floor, New Trading Ring, Exchange Plaza, 5th Floor,
Rotunda Building, P J Towers, Plot no. C/1, G Block
Dalal Street, Fort, Bandra-Kurla Complex, Bandra(E),
Mumbai — 400 001 Mumbai-400051
Email: [email protected] Email: [email protected]
Security Code No.: 539597 Security Code No. : JSLHISAR
Sub.: Intimation pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Disclosure of Related Party Transactions
Dear Sirs,
In compliance with the provision of Regulation 23(9) of the Securities and Exchange
Board of India (Listing Obligations and Disclosure Requitements) Regulations, 2015, please find enclosed herewith the disclosure of related party transactions on a
consolidated basis of Jindal Stainless (Hisar) Limited for the half year ended September 30, 2020.
You are requested to take the above information on record.
Thanking you,
Yours faithfully,
for Jindal Stainless (Hisar) Limited
(Bhartentia Harit)
Company Secretary
—
Encl. As above
JINDAL STAINLESS (HISAR) LIMITED
In accordance with the requirement of Indian Accounting Standard (Ind AS) 24"Related party Disclosures" related party relationship, transactions
and outstanding balances with whom transactions have taken place are as follows:
List of Related parties
a)
b)
uw
ne
c)
d)
11
12
13
14
15
16
aL?
e)
wn e
BwWN Pe
Associates
Jindal Stainless Corporate Management Services Pvt. Limited
Jindal Stainless Limited
J§ 5 Steelltalia Limited *
“Associate of subsidiary viz, Jindal Stainless Steelway Limited
Subsidiaries and associates of parties listed in (a) above
Jindal Stainless FZE, Dubai
PT Jindal Stainless Indonesia
Iberjindal S.1.
Jindal Coke Limited
Jindal United Steel Limited
Trusts
Jindal Stainless (Hisar) Limited Group Gratuity Fund
Jindal Stainless (Hisar) Limited (Ferro alloys) Group Gratuity Scheme
Jindal Stainless (Hisar) Limited EPF Trust
Jindal Stainless (Hisar) Welfare Fund
Key Management Personnel
Mr. Ratan Jindal
Mr. Abhyuday Jindal
Mrs. Deepika Jindal
Mr. Jagmohan Sood
Mr.Ramnik Gupta
Mr. Bhartendu Harit
Mr. Mandeep Singh
Mr. Ajay Jain
Mr. Rajesh Kumar Pandey
Mr.Dhirendra Bahadur Singh
Mr. Kanwaljit Singh Thind
Mr. Girish Sharma
Mrs. Arti Luniya
Mr. Arunendra Kumar
Mr. Nirmal Chandra Mathur
Mrs.Shruti Shrivastava
Mr.Ashok Kumar Agarwal
Mr, Abhishek Poddar
Country of
Incorporation
INDIA
INDIA
INDIA
UAE
INDONESIA
SPAIN
INDIA
INDIA
Chairman-Jindal Stainless (Hisar) Limited
Managing Director -Jindal Stainless (Hisar) Limited
Managing Director-JSL Lifestyle Limited (Director - Jindal Stainless
(Hisar) Limited)
Whole Time Director -Jindal Stainless (Hisar) Limited
Chief Financial Officer -Jindal Stainless (Hisar) Limited
Company Secretary-Jindal Stainless (Hisar) Limited and JSL Lifestyle
Limited
Exceutive Director & CEO-JSL Lifestyle Limited
Chief Financial Officer ( appointed wef 29.01.2020)-JSL Lifestyle
Limited
Company Secretary-Jindal Stainless Steelway Limited
Chief Financial Officer (wef 09.06.2020) -Jindal Stainless Steelway
Limited Independent Director -Jindal Stainless(Hisar) Limited* (Ceased
to be Director w.e.f. close of working hours on 01.11.2020)
Independent Director-Jindal Stainless (Hisar) Limited *
Independent Director-Jindal Stainless (Hisar) Limited *
Independent Director-Jindal Stainless (Hisar) Limited *
Independent Director -Jindal Stainless(Hisar) Limited and Jindal
Stainless Steelway Limited*
Independent Director -Jindal Stainless Steelway Limited*
Independent Director -JSL Lifestyle Limited*
Independent Director -JSL Lifestyle Limited*
*independent directors are Included only for the purpose of compliance with definition of key management personnel given
under IND AS 24.
Enterprises over which any person described in (d) along with their relatives is able to exercise significant influence with whom
transactions have been taken place during the year:
Jindal Defence Systems Private Limited (previously known as Jindal Defence Systems Limited)
Jindal Advance Materials Private Limited
JSL Global Commodities Pte. Ltd.
Prime Stainless DMCC
Transactions during the period ended 30th September 2020 with Related Parties: (Amount in Rs crores)
For the period ended
30th September,2020
Description Associates & Key
Other Parties Management
(a,b,c&e) Personnels (d)
Purchase of goods 863.06 <
Sale of goods 149.30 -
Job charges received 6.58 3
Job work charges paid 4.06 :
Freight charges received 0.64 :
Rent received Tti >
Rent paid 0.79
Receiving of services (Remuneration) - 6.41
Commission on sale paid 0.38 =
Interest income 45.74 -
Operation and Maintainence charges received 1.25 -
Consultancy charges paid 19.69 -
Sharing of exp. reimbursed/to be reimbursed 5,84
Corporate Guarantee given 800.00
Outstanding balance
Loan and advances receivable 1,107.12 -
Receivables 226,20 *
Payables 138.95. +
* Does not include Guarantee / Counter Guarantee given by the Company in earlier years for related party. The amount outstanding as on 31"
March, 2020 stood at Rs.4,841.62 Crore.