Page 145 - Annual Report 2019-20

Notes forming part of the financial statements Notes forming part of the financial statements 143

( in crores) ( in crores)
Nature of Transaction For the year ended 31 March 2020 For the year ended 31 March 2019 Nature of Transaction For the year ended 31 March 2020 For the year ended 31 March 2019
st
st
st
st
Subsidiary Associate KMP/ Total Subsidiary Associate KMP/ Total Subsidiary Associate KMP/ Total Subsidiary Associate KMP/ Total
Significant Significant Significant Significant PIDILITE ANNUAL REPORT 2019-20
Influence of Influence of Influence of Influence of
KMP/Close KMP/Close KMP/Close KMP/Close
member of member of member of member of
KMP KMP KMP KMP
m. Reimbursement of expenses received ii Loans and advances
Pidilite uSA Inc - - - - 0.51 - - 0.51 Pidilite Speciality Chemicals 4.22 - - 4.22 1.92 - - 1.92
Bangladesh Pvt Ltd
Pidilite MEA Chemicals LLC 0.34 - - 0.34 0.50 - - 0.50 Pidilite MEA Chemicals LLC 2.68 - - 2.68 1.53 - - 1.53
ICA Pidilite Pvt Ltd 0.11 - - 0.11 0.19 - - 0.19 Pidilite Industries Egypt - SAE 0.45 - - 0.45 0.45 - - 0.45
Pidilite Bamco Ltd 0.04 - - 0.04 0.05 - - 0.05 Pidilite Lanka (Pvt) Ltd 0.54 - - 0.54 0.37 - - 0.37
Pidilite Litokol Pvt Ltd 0.04 - - 0.04 - - - - Pagel Concrete Technologies 0.33 - - 0.33 0.33 - - 0.33
Pvt Ltd
Pidilite Grupo Puma Mfg Ltd 0.03 - - 0.03 - - - - ICA Pidilite Pvt Ltd 0.56 - - 0.56 0.29 - - 0.29
Pidilite C-Techos Walling Ltd 0.04 - - 0.04 - - - - Pidilite Bamco Ltd 0.08 - - 0.08 0.09 - - 0.09
Cipy Polyurethanes Pvt Ltd 1.07 - - 1.07 - - - - Pidilite Innovation Centre Pte Ltd 0.01 - - 0.01 - - -
Sub-Total (m) 1.67 - - 1.67 1.25 - - 1.25 nebula East Africa Pvt Ltd 0.05 - - 0.05 0.04 - - 0.04
Bamco Supply and Services Ltd 0.03 - - 0.03 0.02 - - 0.02
n. Compensation of Key Management Personnel of the Company:
Pidilite East Africa Ltd 0.14 - - 0.14 - - - -
Remuneration/ Commission to Directors:
Pidilite Litokol Pvt Ltd 0.04 - - 0.04 - - - -
(Short Term Employee benefits) Pidilite Grupo Puma Mfg Ltd 0.03 - - 0.03 - - - -
- Shri M B Parekh - - 4.15 4.15 - - 3.98 3.98 Pidilite C-Techos Walling Ltd 0.04 - - 0.04 - - - -
- Shri Bharat Puri - - 13.96 13.96 - - 15.42 15.42 Cipy Polyurethanes Pvt Ltd 0.43 - - 0.43 - - - -
- Shri A B Parekh - - 1.80 1.80 - - 6.58 6.58 Sub-Total 9.63 - - 9.63 5.04 - - 5.04
iii Trade Payables (net)
- Shri A n Parekh - - 5.84 5.84 - - 5.57 5.57
Vinyl Chemicals (India) Ltd - 23.07 - 23.07 - 49.95 - 49.95
- Shri Sabyasachi Patnaik - - 2.01 2.01 - - 2.45 2.45
ICA Pidilite Pvt Ltd 3.57 - - 3.57 6.51 - - 6.51
- Shri Debabrata Gupta - - 0.29 0.29 - -
nitin Enterprises 0.16 - - 0.16 1.50 - - 1.50
Sub-Total - - 28.05 28.05 - - 34.00 34.00 Pidilite Industries Trading 0.72 - - 0.72 1.03 - - 1.03
Share-based payments (Shanghai) Co. Ltd
Pidilite MEA Chemicals LLC 0.04 - - 0.04 - - - -
- Shri Bharat Puri - - 16.65 16.65 - - 11.03 11.03
Pidilite uSA Inc 1.85 - - 1.85 - - - -
- Shri Sabyasachi Patnaik - - 0.40 0.40 - - 0.37 0.37
Pidilite Innovation Centre Pte Ltd - - - - 0.29 - - 0.29
Sub-Total - - 17.05 17.05 - - 11.40 11.40 hybrid Coatings 0.02 - - 0.02 0.39 - - 0.39
o. Dividend Paid - - 158.25 158.25 - - 68.26 68.26 Building Envelope Systems 0.49 - - 0.49 0.21 - - 0.21
India Ltd
p. Outstanding Balances: PIL Trading (Egypt) Company 0.23 - - 0.23 0.04 - - 0.04
PT Pidilite Indonesia 0.07 - - 0.07 0.15 - - 0.15
i Trade Receivables (net)
Pidilite Chemical PLC 0.02 - - 0.02 0.03 - - 0.03
Parekh Marketing Ltd - - 12.39 12.39 - - 19.05 19.05
Parekh Marketing Ltd - - 0.01 0.01 - - - -
Pidilite MEA Chemicals LLC 22.63 - - 22.63 17.00 - - 17.00
Sub-Total 7.17 23.07 0.01 30.25 10.15 49.95 - 60.10
nina Percept Private Limited 24.76 - - 24.76 18.71 - - 18.71 q. Corporate guarantee given to bank on behalf of - - 25.64 16.60 - - 16.60
10.60
3.58
-
3.58
Pulvitec do Brasil Industria e
-
Pidilite Industries Egypt - SAE
-
10.60
-
25.64
PIDILITE ANNUAL REPORT 2019-20 Bangladesh Pvt Ltd 3.23 - - 0.32 0.94 - - 0.94 Pidilite Bamco Ltd 41.07 - - 41.07 30.40 - - 30.40
Comercio de Colas e Adesivos Ltda
-
2.85
1.99
Pidilite Speciality Chemicals
-
-
1.99
-
2.85
3.24
2.97
3.24
2.97
Pidilite MEA Chemicals LLC
-
-
-
37.67
37.67
-
Pidilite uSA Inc
1.93
1.93
(Previously known as Jupiter
-
-
3.23
-
Pidilite Lanka (Pvt) Ltd
1.53
-
1.53
Chemicals LLC)
33.15
-
33.15
-
-
-
-
-
-
-
Pidilite Lanka (Pvt) Ltd
-
Pidilite Bamco Ltd
0.26
-
0.26
-
1.00
-
1.09
Bamco Supply & Services Ltd
1.09
-
1.00
-
-
0.32
Pidilite Innovation Centre Pte Ltd
-
-
-
-
-
-
-
0.44
-
-
PIL Trading (Egypt) Company
0.44
* Amount is 41,485 ( 40,623 for the year ended 31 March 2019)
-
-
All figures above are inclusive of GST(wherever applicable)
142 Sub-Total 66.76 - 12.39 79.15 44.01 - 19.05 63.06 Sub-Total (q) 104.19 st - - 104.19 88.64 - - 88.64