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Notes on the consolidated financial statements
for the year ended 31 March 2017
(
`
in crores)
Related Party Transactions
Key Management Personnel
& their relatives
Enterprises over which KMP
or their relatives are able to
exercise significant influence
Associates
31 March
2017
31 March
2016
01 April
2015
31 March
2017
31 March
2016
01 April
2015
31 March
2017
31 March
2016
01 April
2015
B. Transactions with related parties
of subsidiaries:
(contd...)
Interest paid
(contd...)
SANJAYBHAI GOPALDAS ASHAR
0.02
0.02
(Taurus Tiles Private Limited)
SUNILKUMAR GOPALDAS ASHAR
0.02
0.02
(Taurus Tiles Private Limited)
MAGHJIBHAI RATANJIBHAI PATEL
-
0.02
(Taurus Tiles Private Limited)
Anjani Vishnu Holdings Limited
0.59 0.45
(Vennar Ceramics Limited)
C. Net Outstanding Balance:-
Loans given
Kajaria Ceramics Employee Gratuity
Trust
0.07 0.06 0.02
Borrowings
Anjani Vishnu Holding Ltd
7.85 5.03 5.03
(Vennar Ceramics Limited)
Trade Payables
Face Impex Private Limited
0.01
0.07
0.13
(Soriso Ceramic Private Limited)
Service charges payable
Anjani Vishnu Holdings Limited
0.45
0.93
2.49
(Vennar Ceramics Limited)
Global Consultancy
0.16
-
-
(Jaxx Vitrified Private Limited)
Trade receivables
Fea Ceramics
1.79
-
-
(Soriso Ceramic Private Limited)
36. Related party transactions
(contd...)
The following transactions were carried out with related parties in the ordinary course of business:-