DRIVIN G ROWTH - Dr. Reddy's

156
schedule to the consolidated balance sheet and profit and loss account
9. RELATED PARTY DISCLOSURES
a. There are no related parties where control exists.
b. Other related parties with whom transactions have taken place during the year:
Affiliate
� Pathnet India Private Limited Enterprise where the Company has significant influence
Enterprises where principal shareholders have significant influence (“Significant interest entities”)
� Dr. Reddy’s Research Foundation Enterprise where the principal
(“Research Foundation”) shareholders have significant influence
� Dr. Reddy’s Holdings Limited Enterprise owned by principal shareholders
Others
� Diana Hotels Limited Enterprise owned by relative of Director
� Ms K Samrajyam Spouse of Chairman
� Ms G Anuradha Spouse of Executive Vice-Chairman
� Ms Deepthi Reddy Spouse of Managing Director
� Madras Diabetes Research Foundation Enterprise promoted by a Director
� Dr. Reddy’s Heritage Foundation Enterprise in which Chairman is a Director
Key Management Personnel represented on the Board
� Dr K Anji Reddy Chairman
� Mr G V Prasad Executive Vice-Chairman and Chief Executive Officer
� Mr K Satish Reddy Managing Director and Chief Operating Officer
Non-Executive / Independent Directors of the Board
� Dr P Satyanarayan Rao Director
� Dr V Mohan Director
� Dr Omkar Goswami Director
� Mr Ravi Bhoothalingam Director
� Mr P N Devarajan Director
� Dr A Venkateswarlu Director
� Dr Krishna G Palepu Director
c. Particulars of related party transactions
The following is a summary of significant related party transactions:
(Rs. thousand)
For the year ended
March 31, 2002
i) Sales to:
Significant interest entities 3,302
ii) Purchases from:
Significant interest entities 11,904
Others 5,697
iii) Contributions made to Research Foundation 449,000
iv) Rent and hotel expenses paid to:
Enterprise owned by relative of a director 5,703
Spouses of Key Management Personnel 6,696
Key Management Personnel 7,975
v) Directors sitting fees 280
CONSOLIDATED FINANCIALS | FINANCIALS | ANNUAL REPORT 2001-2002