Group A Unit of Kothari Group Imagine Inspire Deliver
©@ Kothari Albert David Limited Manufacturers of Allopathic & Herbal Formulations, I.V. infusions & Medical Disposables
Ref.: CV/AID/AS/RPT-HY2-2019-20 July 10, 2020
The. General Manager The Manager
Department of Corporate Services Listing Department
BSE Limited National Stock Exchange of India Ltd.
P. J. Towers, Exchange Plaza, Plot No. C-1, G Block,
Dalal Street, Bandra Kurla Complex, Bandra (East),
Mumbai — 400001. Mumbai — 400051.
Scrip Code: 524075 Symbol: ALBERTDAVD
Dear Sir,
Sub: Disclosure of related party transactions for the half year ended on March 31, 2020
In terms of Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements),
Regulations, 2015, as amended, we enclose herewith the statement of related party transactions for the half year ended on March 31, 2020.
Please take the same on record.
Thanking you,
Yours faithfully,
For Albert David Limited
yon
oR o Chirag A. Vora
Company Secretary & Compliance Officer
Place: Mumbai
Encl.: a/a.
LBERT Regd. Office : Block -D, 3rd Floor, Gillander House, 8, Netaji Subhas Road, Kolkata - 700 001, India
Phone : +91-33-2230-2330, 2262-8436 / 8456 / 8492 Fax : + 91-33-2262 8439
DNNID Email : [email protected], Website : www.albertdavidindia.com, CIN : L51109WB1938PLC009490
Factories : Kolkata, Ghaziabad, Mandideep @ Sales Depot : Bhopal, Chennai, Delhi, Guwahati, Kolkata, Lucknow, Mumbai, Patna, Vijaywada
ALBERT DAVID LIMITED CIN : L51109WB1938PLC009490 RELATED PARTY DISCLOSURE FOR THE HALF YEAR ENDED ON MARCH 31, 2020 IN COMPLIANCE WITH REGULATION 23(9) OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015
1) Related parties with whom transactions have taken place during the half year ended on March 31, 2020
Category | Nature Name Designation
!) —— | Mr. Arun Kumar Kothari Executive Chairman
Mrs. Prabhawati Devi Kothari | Non-Executive Promoter Director
Mr. Tarminder Singh Parmar | Managing Director & CEO
| Mr. Rajiv Singhi Independent Director
Mr. Hemal Kampani Independent Director
Mr. Arindam Sarkar Independent Director
Mr. Shirish G. Belapure Independent Director
Mr. Subhash Chandra Shah Vice President (Finance) & CFO
Mr. Indrajit Dnar Associate V.P. (Accounts & Taxation)
-cum-Company Secretary (up to June
29, 2020)
Category | Nature "Name of the Firm
Il) Name of the | i) Moore Stephens Singhi Advisors LLP
Companies / Firms in
which KMP and their |
relatives have |
significant influence:
Category | Nature Name of the Entities
I!) | Name of the Trusts / | i) Kothari Medical Centre Charitable Institutions
in which KMP and
their relatives have
significant influence
Category | Nature Name of the Companies
IV) Name of Other | i) Satyam Financial Services Limited
Related Parties in ii) Bharat Fritz Werner Limited
transaction with the iii) Kothari Phytochemicals & Industries Limited
Company iv) Gillanders Arbuthnot and Company Limited | v) Kothari & Co. Pvt. Limited
vo Gy
2) Transactions during the half year ended on March 31, 2020
(Rs. in Lakhs)
Particulars Category - | Category - Hl Category - Ill Category - IV
Rent - 12.17
Electricity charges - 3.97
Service Charges - 0.06
Professional Service Charges paid 1.28 -
Dividend Received 13.30
Interest received - 79.06
Remuneration to Key Management Personnel 320.36 -
Directors Fees 6.40 -
3) Balance Outstanding as at March 31, 2020
(Rs. in Lakhs)
Particulars Category -| | Category-!! | Category-Ill | Category - iV
Corporate Guarantee Commission payable 0.95
Investment in Equity Shares of Bharat Fritz 2135.30
Werner Limited
Investment in Equity Shares of Kothari - 281.58
Phytochemicals & Industries Limited
Loans given 1300.00
Interest receivable 64.53
Electricity payable 1.51
3) Terms and Conditions of transactions with Related Parties
All Related Party Transactions entered during the half year ended on March 31, 2020 were in the ordinary
course of business and were on arm's length basis.