RED HERRING PROSPECTUS Dated August 24 ... - Globus Spirits

M/s Chandbagh Investments Ltd.
(Holding company) (However no
transaction has been entered into since
last 3 years)
Key Management
Personnel
Relatives of Key
Management
Personnel:
Mr Ajay Kumar Swarup Managing Director since 01/12/2006
Mr Ajay Kumar Swarup
Mr. Ashok Kumar
Name of Key Management
Person
President up to 30/11/2006
Whole Time Director upto 20/02/07
Name of Relative Relationship
NIL NIL NIL
Related Party Transactions for year ended on 30 th June 2009
(Rs. in lacs)
Particulars
Key
Management
Personal
Relative of
Key
Management
Personnel
Enterprises Significantly
influenced by Key
Management Personnel
and Relatives
Transactions
Salary & Other Allowances 6.27* - -
Sales of Goods to ADL - - 16.08
Purchase of Raw Material,
Goods from ADL
Other Adjustments with ADL
Expenses incurred on behalf of
ADL for selling and bottling
company’s products….etc.
Lease rental transaction with
Rambagh Estates Pvt. Ltd.
- - 60.77
- - 16.33
- - 3.16
Outstanding:
Amount recoverable from ADL
included in Loans and
Advances
- - 105.30
Amount Recoverable from ADL
included in Sundry Debtors
*The above amount was paid to Mr Ajay Kumar Swarup
- - 293.57
Related Party Transactions for year ended on 31 st March 2009
(Rs. in lacs)
Particulars
Key
Management
Personal
Relative of
Key
Management
Personnel
Enterprises Significantly
influenced by Key
Management Personnel
and Relatives
Transactions
Salary & Other Allowances 25.08* - -
Sales of Goods to ADL - - 112.72
Purchase of Raw Material,
Goods from ADL
Other Adjustments with ADL
Expenses incurred on behalf of
ADL for selling and bottling
company’s products….etc.
Lease rental transaction with
Rambagh Estates Pvt. Ltd.
- - 61.22
- - 53.05
- - 16.32
156