STEELCITY SECURITIES LIMITED · 13 Company M.Srividya 5,89,500 - - ---Secretary Total 1,17,32,000...
Transcript of STEELCITY SECURITIES LIMITED · 13 Company M.Srividya 5,89,500 - - ---Secretary Total 1,17,32,000...
STEEL CITY SECURITIES LIMITED(CIN : l67120AP1995PI.C019521)
AN ISO 9001 : 2015 CERTIFIED COMPANY
MEMBER OF NSE, BSE & MSEICAPITAL MARKET, EQUITY DERIVATIVES & CURRENCY DERIVATIVES SEGMENTSSEBI Regd. Nos. INB 230806132, INB 010806132, INB 260806139, INF 230806132
INF 011156438, INF 260806139, INE 230806132, INE 260806132
POINT OF PRESENCE OF NSDl-CRADEPOSITORY PARTICIPANT (DP) OF
NSDl & CDSL:SEBI Permanent Regd. No.IN-DP-231-2016
SCSl/NSE/liST /2019-20/11Date: June 11, 2019
To,National Stock Exchange of India LimitedExchange Plaza, Plot No: Cl, G Block,Bandra Kurla Complex,Bandra ( East),Mumbai - 400051
Symbol: STEElCITYISIN: INE395H01011
Dear Sir/ Madam,
Sub: Disclosure of Related Party Transactions pursuant to Regulation 23(9) of the Securities andExchange Board of India (listing Obligations and Disclosures.Requirements) Amendment Regulations.2018 ("listing Regulations")
In compliance with Regulation 23(9) of the Listing Regulations, please find attached the disclosurerelating to Related Party Transactions for Half year ended March 31,2019, on consolidated basis drawn inaccordance with the applicable accounting standards.
Kindly take the above information on record and acknowledge receipt.
Thanking You,
Yours' faithfully,For Steel City Securities Limited
7.~M. Srividya
Company Secretary & Compliance OfficerEnc!.: as above
Regd. & Corporate Head Office: 49-52-5/4, SHANTHIPURAM, VISAKHAPATNAM - 530 016.1') : 2796984, 2549681,2563581,2762585, EPBX: 2549675-79. 2762579-84, 2761803-04, FAX: 0891-2720135 I 2762586
E-mail: [email protected]@steelcitynettrade.com.Website:V.lWw.steelcltynettrade.com
STEEL CITY SECURITIES LIMITEDDisclosure of Related Party Transaction as per Regulation 23(9) of SEBI (LODR) Regulations, 2015 for the Half Year Ended March 31, 2019
51No Nature of Relationship Name of the Party(a) Related Parties where control Exists:
Subsidiary Steel City Commodities Private LimitedAssociate Steel City Financial Services Private Limited
(b) Other Related PartiesKey Managerial Personnel Mr. K. Satyanarayana - Executive Chairman
·,1 Mr. Satish Kumar Arya - Managing DirectorMr. T. V. Srikanth - Whole - Time DirectorMr. N. Ramu - Chief Financial OfficerMs. M. Srividya - Company Secretary
(c) Significant transactions with related parties: (in Rupees)
Sino Nature ofRelationship
Name of theRelated Party
Remuneration I CorporateGuarantee
-,
AdvanceReturned
Dividend(Received)/Paid
Brokeragereceived
11
3
SubsidiaryCompany
Steel City , -CommoditiesPrivateLimited
4,00,00,000
AdvanceTaken
2,93,379.96 t 2,93,379.96
2 AssociateCompany
ExecutiveChairman
KSatyanarayana t 33,00,000
Steel City , -FinancialServicesPrivateLimited
4,81,250
39,42,250 2,585.35
4 Managing Satish Kumar 30,00,000 - - - 22,89,600 12,01,562.38Director Arya
5 Director - IT TV Srikanth 15,00,000 - - - - -6 Director G Vishnu - - - - 64,38,750 -
Vandana
7 Relative of Key K Mahalakshmi - - - - 1,29,000 13,219.69Managerial
.Personnel - Wife ·,1
of KSatyanarayana
8 Relative of Key K S V Ramesh 6,29,000 - - - 2,53,250 665Managerial BabuPersonnel - Sonof KSatyanarayana
9 Relative of Key Nirmala Devi - - - - 1,17,000 1,964.91Managerial AryaPersonnel- Wifeof Satish Kumar -,Arya
10 Relative of Key G Sirisha - - - - 61,09,327.50 -ManagerialPersonnel - Wifeof TV Srikanth
11 Relative of Key P Madhu 15,00,000 - - - - -
ManagerialPersonnel-Husband of Smt -G Vishnu
~~
Vandana~~ {<':c.I'
/.lJ ~~ .I . I
~~
~
12 Chief Financial N. Ramu 12,13,500 - - - - -
Officer13 Company M. Srividya 5,89,500 - - - - -
SecretaryTotal 1,17,32,000 40000000 293379.96 293379.96 19760427.50 1219997.33
Note: Transactions between group companies comprise of extension and return of temporary adjustment of common clients
accounts as identified by the Company's management from the Holdirig/Subsidiary Company's Account
(d) Amount Due to / (from) related Parties (Rs.)
Nature of Transaction Due to / (from)Steel City Commodities Private Limited -Steel City Financial Services Private Limited 1,055,291.00K Satyanarayana -Sat ish Kumar Arya -TV Srikanth -
\For STEEL CITY SECURITIESrtro·
~ r=" V--ef Financial Officer