FORM NO. AOC-2
(Pursuant to clause (h) of sub-section (3) of section 134 of the Companies Act, 2013 and Rule 8(2) of the Companies
(Accounts) Rules, 2014).
For & on Behalf of Board
Ashok Kajaria
Chairman & Mg. Director
DIN: 00273877
Place: New Delhi
Date: 27th May 2016
Annexure -
2
1. Details of Contracts/ Arrangements / transactions not at arm’s length as on 31.03.2016
Sl. No.
Name(s) of the
Related Party
and Nature of
Relationship
Nature of
Contract
Duration
of the
Contract
Salient terms
of contract
Justification
for entering
into such
contract
Date of
Approval by
the Board
Amount
paid as
advance
Date on
which the
Special
Resolution
was passed
NIL
2. Details of material contracts or arrangement or transactions at arm’s length basis as on 31.03.2016.
Sl. No.
Name(s) of the
Related Party
and Nature of
Relationship
Nature of
Contract
Duration of
the Contract
Salient terms
of contract
Date of
Approval by
the Board
Amount paid
as advance (in
crores)
Total Amount
(in crores)
1 Jaxx Vitrified Private
Limited (Subsidiary)
Purchase of
tiles
continuous
in nature
and not for
a specific
period
In ordinary
course of
business
29.04.15
NIL
287.09
2 Jaxx Vitrified Private
Limited (Subsidiary)
Purchase of
Machinery
One time
transaction
In ordinary
course of
business
29.04.15
NIL
0.87
ANNUAL REPORT 2015-16
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