Notes on the financial statements
(
`
in crores)
Related Party Transactions
Key Management
Personnel & their
relatives
Subsidiaries
Others
Loan Repaid
(contd...)
Jaxx Vitrified Pvt Ltd
0
33.70
0
(0)
(25.88)
(0)
Vennar Ceramics Limited
0
0
0
(0)
(2.5)
(0)
Cosa Ceramics Pvt Ltd
0
13.50
0
(0)
(0)
(0)
Kajaria Sanitaryware Pvt. Ltd
0
4.19
0
(0)
(7.5)
(0)
Kajaria Bathware Pvt Ltd
0
54.65
0
(0)
(0)
(0)
Taurus Tiles Pvt Ltd
0
1.11
0
(0)
(0)
(0)
Net Outstanding Balance :-
Long term loans
Jaxx Vitrified Pvt Ltd
0
73.50
0
(0)
(87.79)
(0)
Vennar Ceramics Limited
0
5.22
0
(0)
(5.22)
(0)
Cosa Ceramics Pvt Ltd
0
3.50
0
(0)
(17)
(0)
Kajaria Sanitaryware Pvt. Ltd
0
0
0
(0)
(4.19)
(0)
Taurus Tiles Pvt Ltd
0
17.89
0
(0)
(8)
(0)
Kajaria Bathware Pvt. Ltd
0
40.24
0
(0)
(24.37)
(0)
Trade Payables
Jaxx Vitrified Pvt Ltd
0
6.52
0
(0)
(0.06)
(0)
Soriso Ceramic Pvt Ltd
0
2.56
0
(0)
(39.24)
(0)
Vennar Ceramics Limited
0
1.19
0
(0)
(0.92)
(0)
Taurus Tiles Pvt Ltd
0
9.90
0
(0)
(0)
(0)
Cosa Ceramics Pvt Ltd
0
18.27
0
(0)
(14.64)
(0)
(Figures in brackets are for previous year)
B. The following transactions were carried out with related parties in the ordinary course of business:-
(contd.)
36.
As per Section 135 of the Companies Act, 2013, Schedule VII and Companies (Corporate Social Responsibility Policy) Rules, 2014, the
Company was required to spend
`
3.82 crores (previous year
`
2.92 crores) for Corporate Social Responsibility activities. The company
has incurred CSR expenditure of
`
3.59 crores during the current financial year (
`
1.09 crores in previous year) on the projects/activities
for the benefit of the public in general and in the neighborhood of the manufacturing facilities of the company.
125
Annual Report 2015-16
