BSIjSEC/20

BSE LimitedListing Depll.25th Floor, P.]. TowersDalal StreetMUMBAI - 400 001

Code No.503722

1 'BANSWARA

I

(7th July, 2020

Nat ional Stock Exchange of India Ltd.Listing DepartmentExchange Plaza Bandra-Kurla ComplexBandra (East), MUMBAI - 400 051

Symbol" BANSWRAS'"

Sub: Disclosure of Related Party Transactions in compliance to Regulation 23(9) of the SEBI(Listing Obligation and Disclosure Requi rements) Regulations, 2015.

In reference to the compliance of disclosure of Related Party Transactions in terms of Regulation23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we areenclosing herewith note on Related Party Transactions for the year ended 31'1 March, 2020 drawnin accordance with applicable accounting standards.

You are requested to kindly take the same on your records.

Thanking You,

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_ _ .• _ • • ~ . ... 1.. ...,v~UI t: d :) p er Ina AS 24 'Re la t ed pa rt y Disclosur es'The Company has identifi ed all th e re lated parties as per det ails given be low:

list of Relate d Partie s:a} Joint Ven t ure :

Tesca Textiles & Seat Compo ne nts (India) Private limited

b} Key Man agement Personnel :

Shrl R.l.Toshniwal (Chairman) (t ill21 February, 2019)5hri Ravind ra ~uma r Toshniwal (Managing Director)5hrl Rakesh Mehra (Chairm an) (from 30 May, 2019 )Shri 5halee n Toshn fwal (loint Mana ging DirectorJ5hrl J.K. Jain (Joint President & Chief Fina ncial Officer)Shrl H.P. Kharw al {Com pany Secret ary)

c) Independent/Non Executive Director

Shrl P. KumarShri D.P. GargShrl S.B. AgarwalShrl Vijay Kuma r Agarw al

Shri Kamal Kishore KachollaShrl Vijay MehtaDr. Vljayantl Pandit

5hri J.M. MehtaShrl David Vlerlck (from 14 Febraury 2020)

d) Enterprises where Kev Management Personnel ha s control/Interest:

Dhruv ImpexMehra Internationallawson Trading Co. Pvt. ltd.

Niral Trad ing Pvt. ltd.Moontlne Trading Co. Pvt. ltd.Speed Shore Trad ing Co. Pvt. Ltd.

Toshnlwa l TrustLawson CorporationRRToshnlwal EnterprisesExcel Pack LimitedThe Synthetic and Rayon Textiles Export Promotion CouncilSha lee n SyntheticsShaleen Syntex limitedTextile Sector Skill Cou ncilDidwa na Chemicals Prtvated limite dBanrlo Private limited

e) Relative of Key Ma nageme nt Personnel where transactions have taken place:

Shrl Rameshwar t al Ravlnd ra Kr Toshn lwa l HUFShrl Ravlndra Kumar Toshn lwal HUF

Shrl Dbruv ToshnlwalShrl Udit ToshniwalSmt. Pre m Toshnl walSmt. Navn eeta MehraSmt. Radhika ToshnlwalSmt. Sona l Toshn iwalSmt . Kavlta SoniSmt. Sush ila Devl JainSmt . Anita Ja inShrl Garvlt JainShrl J.K. Jain HUFSmt. Suma n JainShrl Saura bh Agarwal And Sons HUFSill i S 5 A£arwal HUFSmt. Sunlta Agarwal

Note : Related pJ rty relatlcnshl...Is as Identified by the Company and relied upon by t11~ Auditors.

yntex Limited.

(H.P. i;han ';" )(Company Secretary)

2. Transactionscarried out with related partiesreferred in 1 above, in ordinary course of business:Rs In Lakhs

Nature of transaction Influence 2019·20 2018·19

Tesca Textiles& Seat Components (India) Private li mitedSalesof Goodsand Materlals" 748.16 472.4 2

Purchaseof Goodsand Materia ls" 6.80 6.91Rendering of Servlces" Joint Venture 41H.~2 297.53

Receivingof Servlces" · 4.25

Security Deposit Received · 0.08

Purchase of Property, Plant & Equipments· 0.38 3.88

Remuneration5hrl R.L Toshnlwal · 256 .62

Shrl Ravlndra Kumar Toshniwal 124.96 115.12

Shri RakeshMehra Key Management 125.23 113.90

Shri ShaleenToshniwal Personnel 112.10 101.61

5hrl J.K. Jain 72.29 57.83

5hrl H P Kharw al 10.81 9.50

5hrl Dhruv Toshnlwa lRelative of Key

30.83 22.43

5hrl Udlt Toshnlwal 24.40 11.45

Smt Kavita SonlManagement

53.30 41.95Personnel

5mt Anita Jain 9.35 6.94

Interest Expenses5hri Ravl Toshnlwal Key Management 9.50 9.50

Shri Shaleen Toshnlwal Personnel 9.03 8.79

Smt Prem Toshnlwal 24.45 13.79

5mt Radhlka Toshnlwal 2.85 2.85

Smt Sonal Toshnlwal 0.19 0.19

5hrl Dhruv ToshnlwalRelative of Key

0.38 0.67

Shri UditToshniwal 0.19 0.48

SmtKavita SonlManagement

27.00 17.98Personnel

5hrl J.K. Jain HUF 0.60 1.26

5mt Anita Jain 0.57 0.57

5mt5ushlla Devl Jain 2.05 2.14

Shri Garvit Jain 1.09 1.16

5hrl 5.B. Agarwal & Sons HUF 0.30 0.43

5hrl5aurabh Agarwa l & Sons HUF Relativeof Non 0.30 0.55

5hri 5.5. Agarwa l HUF Executive Director 0.60 0.86

Srnt Suman Jain 0.30 0.32

Sitting rees- Non Executive Directors5hri 5.B. Agarwa l 3.60 3.00

5hrl K.K. Kacholia 1.60 2.40

5hrl P. Kumar 4.20 3.30

5hri D.P. Garg Non Executive 2.70 1.80

5hri Vijay Mehta Director 2.70 1.80

5hrl J.M . M ehta 2.10 1.505hrl V.K. Agarwal 1.10 0.90

Dr. ValJayantl Pandit 3.00 2.10

Fixed Deposit Accepted5hrl Ravl Toshniwa l KeyManagement · .5hr l5haleen Toshnlwal Personnel · 25.00

smt PremToshnlwal 157.00 39.00

5mt Radhlka Toshnl walRelative of Key · 3.00

5hrl Dhruv Toshnlwal · 4.00--- Man8gcmenlSmt 50n;)1Toshnlwal

Personnel · 2.00

Smt Kavlta Sonl · 300.00

5hrl Udit Toshniwal · 2.00

~~ntex Limited.

(H.1-'. ·,rI· ,)(ComlJ" ~Y ;, .: :d ary)

Nature of transaction Influence 2019-20 2018-19

Fixed DepositRepaymentShrl Ravi Toshniwal Key Management - -Shrl Shaleen r osbnfwat Personnel - .Smt Prem Toshnlwal 17.00 64.00

Smt Radhlka Toshnlwal - 3.00

Smt Sonal Toshnlwal Relati ve of Key - 2.00

Shrl Dhruv Toshniwal Management - 9.00

Shrl udrt Toshnlwal Personnel - 7.00

Smt Kavita Sonl . 10.00

Shri J.K. Jain HUF 6.00 -Shrl S.B. Agarwa l & Sons HUF

Relative of Non- 7.00

Shri Saurabh Agarwal & Sons HUFExecutive Director - 9.00

Shrl 5.5. Agarwal HUF . 4.00

Fixed Deposits Payable

Shrl Ravl Toshnlwal Key Management 104.28 104.26

Shrl Shaleen Toshnlwal Personnel 99.06 99.05

SmtPremToshnlwal 314.05 168.46

Smt Radhlka Toshnlwal 31.28 31.28

Smt Sonal Toshnlwal 2.09 2.09

Shrl Dhruv ToshnlwalRelative of Key

4.17 4.17

Shrl Udlt Toshnlwa l 2.09 2.09

Smtxevlta SonlManagement

312.15 312.12Personnel

5hrl J.K.Jain HUF 6.26 ~Smt Anita Jain 6.26 6.26

Smt Sushlla Devi Jain 21.90 21.94

5hri GarvltJaln 11.47 11.50

5hrl 5.B. Agarwa l & Sons HUF 3.13 3.14

Shrl Saurabh Agarwa l & Sons HUF Relativeof Non 3.13 3.14

5hrl 5.5. Agarwal HUF ExecutiveDirector 6.26 6.28

Smt Suman Jain 3.13 3.14InvestmentTesca Textiles& SeatComponents (India) Private Umited Joint Venture 360.00 360.00

~:"" Iimited

(H.P. f haNi",l )(Company Secretary)

~..Nature of transaction Influence 2019·20 2018-19

Amount Payable

Shr l R.L. Toshnlwal - 145.60

Shrl Ravi Toshniwal 4.85 -Shr l Rakesh Mehra 4.01 -Shrl Shaleen Toshnlwal Key Management 4.01 -Shri 1.K. Jain Personnel 2.94 2.29

Shrl H P Kharwal 0.63 0.57Shri J.K.Jain (Received against Vehicle Scheme) 9.42 9.42

Shrl H P Kharwal (Received against Vehicle Scheme) 0.47 0.47

Shri Dhruv ToshniwalRelative of Key

3.19 -Shrl Udlt Toshnlwal

Management2.00 -

Smt Kavita SonlPersonnel

2.10 -SmtAnita Jain 0.57 0.40

AmountReceivable(net)Tesca Textiles& Seat Components (India) Private limited Joint Venture 320.12 87.82

Shri Rakesh Mehra - -Shrl Ravi Toshnlwal Key Management - -Shri Shaleen Toshniwal Personnel - 3.59

Shrl H P Kharwal - -Shri Dhruv Toshnlwal Relative of Key . 1.43

Shri Udlt Toshnlwal Management . 2.20

Smt KavitaSonl Personnel - 0.07

Key Managerial

Personnel hasBanna Private limited Control/Interest 0.30 0.30

Security Deposit Payable

Tesca Textile s & Seat Components (Indi a) Private Umlted Joint Venture 0.88 0.88

·AbovementionedamountIncludes Goods and ServicesTax (GST)

In respectof the outstanding balance recoverable from relatedpartiesasat 31 March2020, no provisionfor doubtful debtsIsrequired to bemade. During the year, there were noamounts writtenoff or writtenbackfrom such parties.

I f h CI It kCompensaton 0 ey manager a personne 0 t e ompanv

Nature of benefits# Forthe Yearended Forthe Yearended31 March 2020 31 March 2019

Short termemployee benefits 424.13 592.39

Post·employment benefits 21.26 62.18

Total 445.39 654.57

It Thisaforesaid amount doesnot IncludesamountIn respectof gratuity andleave asthe same Isnot determinable.

,':~kZ~;~t~ex Limited.

(H.P. Khanval)(Company Secretary)