35. RELATED PARTY DISCLOSURES:
In accordance with the Accounting Standards (AS-18) on Related Party Disclosures, where control exists and where key management
personnel are able to exercise significant influence and, where transactions have taken place during the year, alongwith description of
relationship as identified, are given below:-
A. Relationships
I. Key Management Personnel
Name
Designation
Sh. Ashok Kajaria
Chairman & Managing Director
Sh. Chetan Kajaria
Joint Managing Director
Sh. Rishi Kajaria
Joint Managing Director
Sh. D.D. Rishi
Whole Time Director
Sh. B.K. Sinha
Whole Time Director
II. Subsidiaries & Step Subsidiaries:
Soriso Ceramic Pvt. Ltd
Jaxx Vitrified Pvt. Ltd
Cosa Ceramics Pvt. Ltd
Vennar Ceramics Limited
Taurus Tiles Pvt. Ltd
Kajaria Ceramics Kazakhstan LLP
Kajaria Bathware Pvt. Ltd
Kajaria Sanitaryware Pvt. Ltd
Floera Ceramics Pvt Ltd.
III. Enterprises over which key management personnel or their relatives are able to exercise significant influence:
Dua Engineering Works Pvt. Ltd
Malti Devi Kajaria Foundation
Notes on the financial statements
(
`
in crores)
Related Party Transactions
Key Management
Personnel & their
relatives
Subsidiaries
Others
Purchase of Goods
Soriso Ceramic Pvt Ltd
0
92.57
0
(0)
(100.31)
(0)
Jaxx Vitrified Pvt Ltd
0
292.57
0
(0)
(229.97)
(0)
Cosa Ceramics Pvt Ltd
0
235.37
0
(0)
(177.56)
(0)
Vennar Ceramics Limited
0
80.44
0
(0)
(81.96)
(0)
Kajaria Sanitaryware Pvt Limited
0
0.01
0
(0)
(0)
(0)
Kajaria Bathware Pvt Limited
0
0.03
0
(0)
(0)
(0)
Taurus Tiles Pvt Ltd
0
85.99
0
(0)
(0)
(0)
Purchase of Fixed Asset
Jaxx Vitrified Pvt Ltd
0
0.87
0
(0)
(0)
(0)
B. The following transactions were carried out with related parties in the ordinary course of business:-
122
Kajaria Ceramics Limited
