PRIVI SPECIALITY CHEMICALS LIMITED Annual Report 2020-21
175 Annual Report 2020-21 CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS 31 Related party disclosures (continued) Relatives of Key Management Personnel Mahesh Purshottam Babani HUF Mrs. Seema Mahesh Babani Ms. Snehal Mahesh Babani Ms. Jyoti Mahesh Babani Mr. D. Vijay Kumar Mr. D. Vinay Kumar Mrs. Grace Vinaykumar Mrs. Sharon Doppalapudi Mrs. Premaleela Doppalapudi Mr. Rajkumar Doppalapudi Mrs. Prasanna Raj Mr. Rameshbabu Gokameswararao Guduru b) During the year, following transactions were carried out with the related parties : Particulars Enterprises owned by key management personnel or their relatives Key Management Personnel and their relatives March 31, 2021 March 31, 2020 (Restated) March 31, 2021 March 31, 2020 (Restated) Purchase of raw materials Privi Life Science Pvt. Ltd. 31.29 24.86 – – Prasad Organics Pvt. Ltd. 1,710.94 – – – Sale of finished goods Privi Life Science Pvt. Ltd. 20.38 21.08 – – Prasad Organics Pvt. Ltd. 1,054.35 – – – Sale of Property plant & equipment Privi Organics Ltd 1.46 – – – Lease expense Minar Organics Pvt. Ltd. 15.00 15.00 – – Vivira Chemicals Pvt. Ltd. 12.00 12.00 – – Moneymart Securities Pvt. Ltd. 120.00 180.00 – – MM Infra & Leasing Private Limited 96.00 – – – Lease income – Minar Organics Pvt. Ltd. 0.30 0.30 Privi Life Sciences Pvt. Ltd. 12.00 12.00 – – Vivira Chemicals Pvt. Ltd. 0.30 0.30 – – Security Deposit MM Infra & Leasing Private Limited 351.00 – – – Reimbursement of Expense Received Fairchem Organics Limited 411.95 – – – Loan and Advances Minar Organics Pvt. Ltd. 225.00 – – – Vivira Chemicals Pvt. Ltd. 175.00 – – – Managerial remuneration Mr. D. B. Rao (*) – – 210.00 210.00 Mr. Mahesh P Babani (*) – – 500.00 360.00 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS for the year ended March 31, 2021 (Currency: Indian Rupees in lakhs)
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