Key Related Party Transactions (All amounts in ₹ Lakhs)

Transactions with Key Managerial Personnel

With Manish Pravinchandra Turakhia (Managing Director):

  • Loan taken (unsecured): Amount received ₹4,000.00 during period, with opening balance of ₹346.46 and closing balance of ₹748.33
  • Repayment of loan: ₹500.00 during reporting period
  • Allotment of 15,20,000 equity shares on conversion of warrants at ₹30 per warrant (balance 75% consideration)
  • Remuneration: ₹48.00 during period, with opening balance of ₹2.44 and closing balance of ₹3.10
  • Reimbursement of expenses: ₹3.00 during period, with opening balance of ₹0.47 and closing balance of (₹0.69)
  • Security deposit given (Registered Office premises): ₹100.00 balance maintained throughout period

With Jay Jatin Shah (Whole-time Director & CFO):

  • Remuneration: ₹20.00 during period, with opening balance of ₹1.33 and closing balance of ₹1.72
  • Reimbursement of expenses: ₹11.00 during period
  • Expenses provided (Provision for Jay Shah expense): ₹7.00 during period, with opening balance of ₹6.72 and closing balance of ₹10.08
  • Sale of goods: ₹0.05 during period

With Meghna Turakhia (Director):

  • Salary: ₹12.00 during period, with opening balance of ₹0.63 and closing balance of ₹0.72

Transactions with Subsidiaries

With Valencia Beverages & Superwater Private Limited:

  • Advance given: ₹4,000.00 during period, with opening balance of ₹543.84 and closing balance of ₹943.83
  • Nature: Loan, Unsecured, Nil interest rate, Repayable on demand, Purpose: Business/working capital requirements
  • Repayment of Advance given - received: ₹3.00 during period
  • Purchase of goods: ₹80.00 during period
  • Sale of goods/services: ₹5.00 during period
  • Investment in equity shares: Balance of ₹900.99 maintained throughout period
  • Nature: Investment in WOS

With Valencia Cielo Libre Beverages SL (Wholly owned subsidiary - Spain):

  • Loan/advance given: ₹18.00 during period, with opening balance of ₹13.09 and closing balance of ₹29.42
  • Nature: Loan, Unsecured, Nil interest rate (to confirm), Purpose: Business operations of WOS (to confirm)
  • Investment in equity shares: Balance of ₹3.37 maintained throughout period
  • Nature: Investment in WOS

Project Consultancy Services Provided to Subsidiaries:

  • Valencia Snacks & Healthy Bites Private Limited: ₹170.32 (taxable value)
  • Valencia Nutracare Lifesciences Private Limited: ₹121.75 (taxable value)
  • Valencia POS Solutions Private Limited: ₹88.30 (taxable value)
  • Valencia Can Beverages Private Limited: ₹71.75 (taxable value)
  • Valencia Consumer Products Private Limited: ₹31.23 (taxable value)

Equity Investments in Subsidiaries (Pending Allotment):

Initial subscription to equity capital of ₹4,000.00 each in:

  • Valencia Snacks & Healthy Bites Private Limited (consideration payable: ₹0.75)
  • Valencia Nutracare Lifesciences Private Limited (consideration payable: ₹0.75)
  • Valencia POS Solutions Private Limited (consideration payable: ₹0.75)
  • Valencia Can Beverages Private Limited (consideration payable: ₹0.75)
  • Valencia Consumer Products Private Limited (consideration payable: ₹0.75)

Other Related Party Transactions

With Suryavathi Beverages (Partnership firm - VNL partner with 99% share):

  • Investment (capital in partnership firm): Balance of ₹173.35 maintained throughout period
  • Nature: Capital contribution to firm

With Veer Capital Management Private Limited (Common Directorship):

  • Repayment of loan/advance given - received: Amount not specified, with opening balance of ₹0.59 and fully repaid (closing balance: ₹0.00)
  • Nature: Loan, Unsecured, fully repaid