West Coast Paper Mills Related Party Transactions H1 FY2027

Date: November 06, 2026

Related Party Transactions Summary

West Coast Paper Mills Limited submitted half-yearly related party transaction disclosures for the period ended September 30, 2026, pursuant to SEBI LODR Regulation 23(9). The total value of all transactions during the reporting period was ₹2,545.88 lakh (₹25.46 crore).

Transaction Details

West Coast Paper Mills Limited (Parent Company)

Promoter Transactions - Rent & Expense Reimbursement:

• Veer Enterprises Ltd. - ₹103.85 lakh, approved by Audit Committee and Board
• Shree Satyanarayan Investment Company Ltd. - ₹62.59 lakh, approved by Audit Committee and Board
• Shri Shree Kumar Bangur - ₹17.36 lakh, approved by Audit Committee and Board
• Smt. Shashi Bangur - ₹3.30 lakh, approved by Audit Committee and Board

Other Related Party Transactions - Rent & Expense Reimbursement:

• Siddhi Trade & Holdings Pvt. Ltd. - ₹10.80 lakh, approved by Audit Committee and Board
• The Marwar Textiles Agency Pvt Ltd - ₹1.99 lakh, approved by Audit Committee and Board

Rent Received:

• Gloster Cables Ltd. (company with common director) - ₹7.14 lakh, approved by Audit Committee and Board

Statutory Benefit Plans:

• Gratuity Fund of West Coast Paper Mills Ltd - ₹188.71 lakh, statutory in ordinary course of business

Key Managerial Personnel Remuneration:

• Shri Shree Kumar Bangur (Chairman and Managing Director) - ₹1,120.28 lakh, approved by shareholders
• Shri Virendraa Bangur (Joint Managing Director) - ₹520.98 lakh, approved by shareholders
• Shri Rajendra Jain (Executive Director) - ₹138.55 lakh, approved by shareholders
• Shri Rajesh Bothra (CFO) - ₹32.34 lakh, approved by NRC
• Shri Brajmohan Prasad (Company Secretary) - ₹18.57 lakh, approved by NRC

Director Sitting Fees:

• Shri Saurabh Bangur (Non-Executive Director) - ₹1.80 lakh, approved by Board
• Smt Shashi Bangur (Non-Executive Director) - ₹1.50 lakh, approved by Board
• Shri Shiv Ratan Goenka (Independent Director) - ₹2.40 lakh, approved by Board
• Shri Ashok Kumar Garg (Independent Director) - ₹2.10 lakh, approved by Board
• Shri Vinod Balmukand Agarwala (Independent Director) - ₹1.80 lakh, approved by Board
• Smt Sudha Bhushan (Independent Director) - ₹2.10 lakh, approved by Board
• Shri Prakash Ramswaroop Kaholia (Independent Director) - ₹2.40 lakh, approved by Board

Purchase of Goods/Services:

• Gloster Cables Ltd. (company with common director) - ₹126.33 lakh, approved by Audit Committee and Board

Andhra Paper Limited (Subsidiary)

Director Sitting Fees:

• Shri Shree Kumar Bangur (Chairman) - ₹1.25 lakh, approved by Board
• Shri Virendraa Bangur (Non-Executive Director) - ₹1.25 lakh, approved by Board

Key Managerial Personnel Remuneration:

• Shri Saurabh Bangur (Managing Director) - ₹169.98 lakh, approved by shareholders

Statutory Benefit Plans:

• PF Trust of Andhra Paper Ltd - ₹6.51 lakh, statutory in ordinary course of business

Financial Balances

All transactions showed opening and closing balances of ₹0.00 lakh, indicating no outstanding amounts due to either party as a result of these transactions.

Approval Status

All non-statutory transactions were approved by either the Audit Committee and Board of Directors, Nomination and Remuneration Committee (NRC), or shareholders as appropriate. Statutory transactions were conducted in the ordinary course of business.