ESSAR SHIPPING LIMITED Date: 26th September, 2022
Essar Shipping Limited | |
The Manager | Essar House |
11 K.K.Marg | |
Listing Department | Mahalaxmi |
BSE Limited, | Mumbai- 400 034 |
Phiroze Jeejeebhoy Towers, | Corporate Identification Number |
Dalal Street, | L61200GJ2010PLC060285 |
Mumbai-400 001 | T + 91 22 6660 1100 |
F + 91 22 2354 4312 | |
Fax: +91 22 2272 2082/3132 | |
www.essar.com |
BSE Code: 533704 | |
The Manager | The Manager |
Bandra Kurla Complex | Bandra Kurla Complex |
"Exchange Plaza" | "Exchange Plaza" |
National Stock Exchange of India Limited | National Stock Exchange of India Limited |
Listing Department | Wholesale Debt Department |
Bandra (E) | Bandra (E) |
Fax: +91 22 2659 8237/38 | Fax: +91 22 2659 8237/38 |
Mumbai - 400 051 | Mumbai - 400 051 |
NSE Code: ESSARSHPNG | NSE Code: ESSARSHPNG |
Dear Sir/Madam, |
Subject: Intimation under Regulation 23(9) of the SEBI (Listing Obligations & Disclosure Requirements) Regulation, 2015
Pursuant to Regulation 23(9) of the SEBI (Listing Obligations & Disclosure Requirements) Regulation, 2015, please find enclosed herewith the disclosures of related party transactions on a consolidated basis for half year ended September 30, 2022, in the format specified in the relevant accounting standards.
Kindly take the same on your record.
Yours faithfully,
For Essar Shipping Limited
NISHA MANOJ BARNWAL
Digitally signed by NISHA MANOJ BARNWAL DN: c=IN, o=PERSONAL, pseudonym=39e0629401869202d23075fefc72f31375ab 4768cbc13c0c6dea7adec0c5715c, postalCode=421501, st=MAHARASHTRA, serialNumber=fd05927de16feeee2841c8b912e43913bfb b4740f57b0c1b89b0e13b1bd40a55, cn=NISHA MANOJ BARNWAL
Date: 2022.11.26 10:07:37 +05'30'
Nisha Barnwal
Company Secretary & Compliance Officer
ACS: 66804
Encl: a/a
Essar Shipping Limited
Registered Office: EBTSL Premises, ER-2 Building (Admn Bldg), Salaya, 44 KM, P.O. Box No.7, Taluka Khambalia, Devbhumi Dwarka,Gujarat-361305T +91 2833 661444 F +91 2833661366
Email Id:esl.secretarial@essarshipping.co.in
STEEL | ENERGY | INFRASTRUCTURE | SERVICES
Details of the Party (Listed | |||||
entity/subsidiary) entering into the | Details of the counterparty Type | ||||
transaction | |||||
Sr | Relationship of | ||||
No. | |||||
the counterparty | Type of related party | ||||
Name | PAN | Name | PAN | with the listed | |
transaction | |||||
entity or its | |||||
subsidiary | |||||
1 Essar Shipping Limited | AACCE3707D Arkay Logistics Limited | AABCE4028N | Associates | Agency fees and port |
In case of monies are due to either party as a result of the transaction
Value of the | Value of | ||
related party | transaction | Opening | Closing |
transaction as | during the | Balance | Balance |
aproved by the | reporting | ||
Audit Committee | period |
In case any financial | ||||||
indebtness is incurred to make | Details of loans, Inter-corporate deposits, advances or | |||||
or give loans, inter-corporate | ||||||
investments | ||||||
deposits, advances or | ||||||
investments | ||||||
Nature of | Nature of | Purpose for | ||||
Indebtness | Indebtness | Interest | Secured/ | which the funds | ||
(loan/issua | Cost | Tenure | (Loan/advanc | Tenure unsecure | will be utilised | |
Rate (%) | ||||||
nces of | es/inter- | d | by the ultimate | |||
debt/any | corporate | recipient of |
related charges | ||||||
2 | Essar Shipping Limited | AACCE3707D | Futura Travels Limited | AAACF1572F | Fellow Subsidiary | Ticket & other charges |
3 | Essar Shipping Limited | AACCE3707D | Essar Bulk Terminal Limited Haz AABCE9244L | Fellow Subsidiary | Agency fees and port | |
related charges | ||||||
4 | Essar Shipping Limited | AACCE3707D | Essar Shipping Limited | AAATE4443M | Provident Fund | Provident Fund |
Employees Provident Fund | Contribution of employees | |||||
5 | Essar Shipping Limited | AACCE3707D | Essar Steel Metal Trading Limite AABCE4851F | Fellow Subsidiary | Inter-corporate deposits | |
6 | Essar Shipping Limited | AACCE3707D | AGC Networks Limited | AAACT3992M | Fellow Subsidiary | Maintenance charges |
7 | Essar Shipping Limited | AACCE3707D Ranjit Singh | ABAPS8164J | Key Management | Managerial Remuneration | |
Personnel | ||||||
8 | Essar Shipping Limited | AACCE3707D Rajesh Desai | ADXPD8254F | Key Management | Managerial Remuneration | |
Personnel | ||||||
9 | Essar Shipping Limited | AACCE3707D Ketan Shah | BFSPS7516H | Key Management | Managerial Remuneration | |
Personnel | ||||||
10 | Essar Shipping Limited | AACCE3707D Nisha Barnwal | CYQPB2483J | Key Management | Managerial Remuneration | |
Personnel | ||||||
11 | Essar Shipping Limited | AACCE3707D N Srinivasan | AABPN3313Q | Key Management | Sitting Fees | |
Personnel | ||||||
12 | Essar Shipping Limited | AACCE3707D Capt. B S Kumar | AAGPK4996D | Key Management | Sitting Fees | |
Personnel | ||||||
13 | Essar Shipping Limited | AACCE3707D S Saraswathi | AKNPS0084K | Key Management | Sitting Fees | |
Personnel | ||||||
14 | Essar Shipping Limited | AACCE3707D R Suresh | ADPPR6327K | Key Management | Sitting Fees | |
Personnel | ||||||
15 | Essar Shipping Limited | AACCE3707D Jay Kumar | AAJPJ7338K | Key Management | Sitting Fees | |
Personnel | ||||||
16 | OGD Services Limited | AABCE6378H OGD-EHES JV Pvt Ltd | AADCO3129J | Joint Venture | Income from Bareboat | |
charter | ||||||
17 | OGD Services Limited | AABCE6378H | OGD-EHES JV Pvt Ltd | AADCO3129J | Joint Venture | Advances received |
18 | OGD Services Limited | AABCE6378H N Srinivasan | AABPN3313Q | Key Management | Sitting Fees | |
Personnel | ||||||
19 | OGD Services Limited | AABCE6378H Capt. B S Kumar | AAGPK4996D | Key Management | Sitting Fees | |
Personnel | ||||||
20 | OGD Services Limited | AABCE6378H Sunita Kotian | ADQPK1248P | Key Management | Sitting Fees | |
Personnel | ||||||
21 | OGD Services Holdings L AABCE7780K | Essar Global Limited, Cayman | ZZZZZ9999Z | Ultimate Parent | Interest Income | |
Island | Company | |||||
22 | OGD Services Holdings L AABCE7780K | OGD-EP-SARL | ZZZZZ9999Z | Joint Venture | Interest Income | |
23 | Essar Shipping DMCC, D ZZZZZ9999Z | Essar Capital Holdings Limited, | AAAAA9999A | Fellow Subsidiary | Interest Income | |
Mauritius | ||||||
24 | Essar Shipping DMCC, D ZZZZZ9999Z | Essar Capital Holdings Limited, | AAAAA9999A | Fellow Subsidiary | Reversal of Provision for | |
Mauritius | Impairment | |||||
25 | Essar Shipping DMCC, D ZZZZZ9999Z | Essar Energy Holding Limited | AAAAA9999A | Fellow Subsidiary | Interest Income | |
26 | Essar Shipping DMCC, D ZZZZZ9999Z | Essar Energy Holding Limited | AAAAA9999A | Fellow Subsidiary | Provision for Impairment | |
27 | Essar Shipping DMCC, D ZZZZZ9999Z | IDH International Drilling Holdco | AAAAA9999A | Fellow Subsidiary | Inter-corporate deposits | |
Limited, Cyprus | given | |||||
28 | Energy II Limited, Bermud ZZZZZ9999Z | Essar Capital Holding Limited, | AAAAA9999A | Fellow Subsidiary | Interest Income | |
Mauritius | ||||||
29 | Energy II Limited, Bermud ZZZZZ9999Z | Essar Capital Holding Limited, | AAAAA9999A | Fellow Subsidiary | Provision for Impairment | |
Mauritius | ||||||
30 | Energy II Limited, Bermud ZZZZZ9999Z | Essar Projects Limited, Dubai | AAAAA9999A | Fellow Subsidiary | Interest Income |
0.6 | 0.56 | 0.56 | - |
0.15 | 0.09 | 0.02 | 0.00 |
0.10 | 0.00 | 3.81 | 3.81 |
0.97 | 0.03 | 0.03 | 0.04 |
0.3 | 0.25 | 51.36 | 45.44 |
0.25 | 0.20 | 0.29 | - |
0.6 | 0.09 | - | - |
0.04 | 0.05 | - | - |
0.5 | 0.07 | - | - |
0.06 | 0.04 | - | - |
0.1 | 0.04 | - | - |
0.1 | 0.04 | - | - |
0.1 | 0.03 | - | - |
0.1 | 0.01 | - | - |
0.1 | 0.02 | - | - |
1.53 | - | - | |
5.27 | (0.17) | 5.59 | |
0.08 | - | - | |
0.08 | - | - | |
0.05 | - | - | |
0.04 | 2.97 | 3.07 | |
0.05 | 1.46 | 1.32 | |
1.89 | 96.51 | 105.29 | |
7.67 | - | - | |
0.17 | 7.65 | 8.55 | |
1.24 | - | - | |
0.88 | 3.20 | 4.39 | |
8.22 | 471.37 | 526.54 | |
10.24 | - | - | |
0.01 | 0.45 | 0.50 |
Note:
- Value of the transaction approved by the audit committee pertains to entire financial year 2022-23
- Amounts reported are inclusive of GST wherever applicable.
- Transactions for the half year ended commencing from 01 April, 2022 to 30 September, 2022 are being reported
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Essar Shipping Limited published this content on 26 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 November 2022 08:34:06 UTC.
