Andhra Cements H1 FY27 Related Party Transactions

Related Party Transactions Summary

Total value of all related party transactions during the reporting period: ₹19,824.4 lakhs

Detailed Transaction Breakdown

Loans Received

1. From Sagar Cements Limited (Holding Company, PAN: AACCS8680H):

• Transaction value: ₹0.00 (no new transactions)
• Opening balance: ₹24,500.00 lakhs
• Closing balance: ₹24,500.00 lakhs
• Status: Approved by audit committee

2. From RV Consulting Services Private Limited (Promoter Group Company, PAN: AAFCR0221E):

• Transaction value: ₹0.00 (no new transactions)
• Opening balance: ₹5,000.00 lakhs
• Closing balance: ₹5,000.00 lakhs
• Status: Approved by audit committee

Purchase Transactions

3. Fixed Assets from RV Consulting Services Private Limited (Promoter Group Company):

• Transaction value: ₹7,382.91 lakhs
• Opening balance: ₹0.00
• Closing balance: ₹937.80 lakhs
• Status: Approved by audit committee

4. Goods/Services from Panchavati Polyfibres Limited (Promoter Group Company, PAN: AABCP2129D):

• Transaction value: ₹10,555.74 lakhs
• Opening balance: ₹252.78 lakhs
• Closing balance: ₹333.60 lakhs
• Status: Approved by audit committee

Interest Payments

5. To Sagar Cements Limited (Holding Company):

• Transaction value: ₹1,228.36 lakhs
• Opening balance: ₹1,812.41 lakhs
• Closing balance: ₹2,917.94 lakhs
• Status: Approved by audit committee

6. To RV Consulting Services Private Limited (Promoter Group Company):

• Transaction value: ₹363.49 lakhs
• Opening balance: ₹55.42 lakhs
• Closing balance: ₹132.56 lakhs
• Status: Approved by audit committee

Sales Transactions

7. Goods/Services to Sagar Cements Limited (Holding Company):

• Transaction value: ₹9,421.15 lakhs
• Opening balance: ₹159.00 lakhs
• Closing balance: ₹0.00
• Status: Approved by audit committee

Other Services and Transactions

8. Services Received from Sagar Cements Limited (Holding Company):

• Transaction value: ₹316.93 lakhs
• Status: Approved by audit committee

9. Sale of Spares to Sagar Cements Limited (Holding Company):

• Transaction value: ₹16.43 lakhs
• Status: Approved by audit committee

Director-Related Transactions

10. Rent to Dr. S. Anand Reddy (Managing Director, PAN: AGQPS1886A):

• Transaction value: ₹2.65 lakhs
• Closing balance: ₹0.52 lakhs
• Status: Approved by audit committee

11. Rent to Sammidi Sreekant Reddy (Director, PAN: AGQPS1888Q):

• Transaction value: ₹2.65 lakhs
• Closing balance: ₹0.52 lakhs
• Status: Approved by audit committee

12. Rent to Sammidi Vanajatha (Relative of Director, PAN: AGQPS1887B):

• Transaction value: ₹2.65 lakhs
• Closing balance: ₹0.52 lakhs
• Status: Approved by audit committee

13. Corporate Guarantee to Sagar Cements Limited (Holding Company):

• Transaction value: ₹0.00 (no new transactions)
• Opening balance: ₹97,500.00 lakhs
• Closing balance: ₹97,500.00 lakhs
• Status: Approved by audit committee

Director Sitting Fees

14. Kalidindi Venkatavishnu Raju (Director, PAN: AELPK9961R): ₹3.20 lakhs

15. Rajagopal Ravichandran (Director, PAN: ABSPR3368P): ₹2.00 lakhs

16. Rekha Onteddu (Director, PAN: AAAPO4329A): ₹3.20 lakhs

17. Sammidi Rachana (Director, PAN: ALQPS4523B): ₹1.20 lakhs

18. Sammidi Sreekant Reddy (Director): ₹2.80 lakhs

19. V.H. Ramakrishnan (Director, PAN: AACPR8247C): ₹3.20 lakhs

Employee Benefits

20. Remuneration to G. Tirupati Rao (Company Secretary, PAN: ACWPG9763C):

• Transaction value: ₹14.10 lakhs
• Status: Approved by audit committee

21. Other Long-term Benefits to G. Tirupati Rao (Company Secretary):

• Transaction value: ₹0.39 lakhs
• Status: Approved by audit committee

22. Reimbursement of Expenses from Sagar Cements Limited (Holding Company):

• Transaction value: ₹1.35 lakhs
• Status: Approved by audit committee

Financial Impact

The total value of related party transactions during the reporting period amounted to ₹19,824.4 lakhs, with significant balances maintained in loan accounts and corporate guarantees.