General information about company

Name of The CompanySESHASAYEE PAPER AND BOARDS LIMITED
BSE Scrip Code502450
NSE SymbolSESHAPAPER
MSE SymbolNOTLISTED
Date of Start of Financial Year01-04-2022
Date of End of Financial Year31-3-2023
Reporting PeriodFirst half yearly
Date of Start of Reporting Period01-04-2022
Date of End of Reporting Period30-09-2022
Level of rounding to be used in disclosing related party transactionsCrores
Whether the company has any related party?Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?Yes



(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/publicNA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of bank’s staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.NA
(III) Whether the company is a ‘high value debt listed entity’ according to regulation 15 (1A)?No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.






Related party transactions

Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Sr No.Details of the party (listed entity /subsidiary) entering into the transactionDetails of the counterpartyType of related party transactionDetails of other related party transactionValue of the related party transaction as approved by the audit committeeRemarks on approval by audit committeeValue of transaction during the reporting periodIn case monies are due to either party as a result of the transactionIn case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investmentsDetails of the loans, inter-corporate deposits, advances or investmentsNotes
NamePANNamePANRelationship of the counterparty with the listed entity or its subsidiaryOpening balanceClosing balanceNature of indebtedness (loan/ issuance of debt/ any other etc.)Details of other indebtednessCostTenureNature (loan/ advance/ intercorporate deposit/ investment )Interest Rate (%)TenureSecured/ unsecuredPurpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1Seshasayee Paper and Boards LimitedAACCS1192GPonni Sugars (Erode) LimitedAACCP2779AAssociate CompanyPurchase of goods or services10.83Part of Omnibus approval given by Audit Committee, at the beginning of the year10.832.831.58Textual Information(1)
2Seshasayee Paper and Boards LimitedAACCS1192GPonni Sugars (Erode) LimitedAACCP2779AAssociate CompanySale of goods or services6.6Part of Omnibus approval given by Audit Committee, at the beginning of the year6.600Textual Information(2)
3Seshasayee Paper and Boards LimitedAACCS1192GPonni Sugars (Erode) LimitedAACCP2779AAssociate CompanyAny other transactionReimbursement of Expenses / Rendering of Services0.24Part of Omnibus approval given by Audit Committee, at the beginning of the year0.2400Textual Information(3)
4Seshasayee Paper and Boards LimitedAACCS1192GPonni Sugars (Erode) LimitedAACCP2779AAssociate CompanyAny other transactionReceiving of Services0.01Part of Omnibus approval given by Audit Committee, at the beginning of the year0.0100Textual Information(4)
5Seshasayee Paper and Boards LimitedAACCS1192GPonni Sugars (Erode) LimitedAACCP2779AAssociate CompanyDividend paid2.21Part of Omnibus approval given by Audit Committee, at the beginning of the year2.2100Textual Information(5)
6Seshasayee Paper and Boards LimitedAACCS1192GPonni Sugars (Erode) LimitedAACCP2779AAssociate CompanyDividend received1.3Part of Omnibus approval given by Audit Committee, at the beginning of the year1.300Textual Information(6)
7Seshasayee Paper and Boards LimitedAACCS1192GSPB Projects and Consultancy LimitedAAACS4921KPromoters GroupAny other transactionReceiving of Services0.36Part of Omnibus approval given by Audit Committee, at the beginning of the year0.3600Textual Information(7)
8Seshasayee Paper and Boards LimitedAACCS1192GSPB Projects and Consultancy LimitedAAACS4921KPromoters GroupDividend paid0.003Part of Omnibus approval given by Audit Committee, at the beginning of the year0.00300Textual Information(8)
9Seshasayee Paper and Boards LimitedAACCS1192GTime square Investments Private LimitedAAACT1244LPromoters GroupDividend paid1.59Part of Omnibus approval given by Audit Committee, at the beginning of the year1.5900Textual Information(9)
10Seshasayee Paper and Boards LimitedAACCS1192GDhanashree Investments Private LimitedAAACD1705APromoters GroupAny other transactionReceiving of Services0.02Part of Omnibus approval given by Audit Committee, at the beginning of the year0.0200Textual Information(10)
11Seshasayee Paper and Boards LimitedAACCS1192GDhanashree Investments Private LimitedAAACD1705APromoters GroupDividend paid0.74Part of Omnibus approval given by Audit Committee, at the beginning of the year0.7400Textual Information(11)
12Seshasayee Paper and Boards LimitedAACCS1192GUltra Investments and Leasing Company Private LimitedAAACU5614MPromoters GroupDividend paid0.23Part of Omnibus approval given by Audit Committee, at the beginning of the year0.2300Textual Information(12)
13Seshasayee Paper and Boards LimitedAACCS1192GEsvi International (Engineers & Exporters) LimitedAAACE0772GSubsidiary CompanyDividend paid0.0001Part of Omnibus approval given by Audit Committee, at the beginning of the year000Textual Information(13)
14Seshasayee Paper and Boards LimitedAACCS1192GHigh Energy Batteries (India) LimitedAAACH1479HPromoters GroupAny other transactionReimbursement of Expenses0.02Part of Omnibus approval given by Audit Committee, at the beginning of the year0.0200Textual Information(14)
15Seshasayee Paper and Boards LimitedAACCS1192GHigh Energy Batteries (India) LimitedAAACH1479HPromoters GroupDividend paid0.01Part of Omnibus approval given by Audit Committee, at the beginning of the year0.0100Textual Information(15)
16Seshasayee Paper and Boards LimitedAACCS1192GHigh Energy Batteries (India) LimitedAAACH1479HPromoters GroupDividend received0.42Part of Omnibus approval given by Audit Committee, at the beginning of the year0.4200Textual Information(16)
17Seshasayee Paper and Boards LimitedAACCS1192GSynergy Investments Pte LimitedAAMCS9216RPromoters GroupDividend paid1.93Part of Omnibus approval given by Audit Committee, at the beginning of the year1.9300Textual Information(17)
18Seshasayee Paper and Boards LimitedAACCS1192GN GopalaratnamABHPG1677PExecutive DirectorRemuneration0.5077Part of Omnibus approval given by Audit Committee, at the beginning of the year0.50770.710Textual Information(18)
19Seshasayee Paper and Boards LimitedAACCS1192GN GopalaratnamABHPG1677PExecutive DirectorDividend paid0.0195Part of Omnibus approval given by Audit Committee, at the beginning of the year0.019500Textual Information(19)
20Seshasayee Paper and Boards LimitedAACCS1192GV SridarAGCPS0864QNon-Executive - Independent DirectorAny other transactionSitting Fees0.045Part of Omnibus approval given by Audit Committee, at the beginning of the year0.0450.070Textual Information(20)
21Seshasayee Paper and Boards LimitedAACCS1192GS NarayanABUPN5095RNon-Executive - Independent DirectorAny other transactionSitting Fees0.04Part of Omnibus approval given by Audit Committee, at the beginning of the year0.040.070Textual Information(21)
22Seshasayee Paper and Boards LimitedAACCS1192GA L SomayajiAAMPS7826GNon-Executive - Independent DirectorAny other transactionSitting Fees0.045Part of Omnibus approval given by Audit Committee, at the beginning of the year0.0450.070Textual Information(22)
23Seshasayee Paper and Boards LimitedAACCS1192GNanditha KrishnaACUPN1866FNon-Executive - Independent DirectorAny other transactionSitting Fees0.03Part of Omnibus approval given by Audit Committee, at the beginning of the year0.030.070Textual Information(23)
24Seshasayee Paper and Boards LimitedAACCS1192GMohan Verghese ChunkathAFBPM9538DNon-Executive - Independent DirectorAny other transactionSitting Fees0.03Part of Omnibus approval given by Audit Committee, at the beginning of the year0.030.070Textual Information(24)
25Seshasayee Paper and Boards LimitedAACCS1192GHans Raj VermaAACPV1406DNon-Executive - Nominee DirectorAny other transactionSitting Fees0.01Part of Omnibus approval given by Audit Committee, at the beginning of the year0.010.080Textual Information(25)
26Seshasayee Paper and Boards LimitedAACCS1192GK RajkumarAGQPR2444HNon-Executive - Nominee DirectorAny other transactionSitting Fees0.015Part of Omnibus approval given by Audit Committee, at the beginning of the year0.0150.080Textual Information(26)
27Seshasayee Paper and Boards LimitedAACCS1192GK S Kasi ViswanathanABZPK8584DExecutive DirectorRemuneration0.4598Part of Omnibus approval given by Audit Committee, at the beginning of the year0.45980.60Textual Information(27)
28Seshasayee Paper and Boards LimitedAACCS1192GK S Kasi ViswanathanABZPK8584DExecutive DirectorDividend paid0.0007Part of Omnibus approval given by Audit Committee, at the beginning of the year0.000700Textual Information(28)
29Seshasayee Paper and Boards LimitedAACCS1192GGanesh Balakrishna BhadtiABPPB4293EExecutive DirectorRemuneration0.2192Part of Omnibus approval given by Audit Committee, at the beginning of the year0.219200Textual Information(29)
30Seshasayee Paper and Boards LimitedAACCS1192GS SrinivasBBVPS2991BCFO & SecretaryRemuneration0.1617Part of Omnibus approval given by Audit Committee, at the beginning of the year0.16170.050Textual Information(30)
Total value of transaction during the reporting period28.0966