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 Year31-03-2023
Reporting PeriodSecond half yearly
Date of Start of Reporting Period01-10-2022
Date of End of Reporting Period31-03-2023
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 services15.8Part of Omnibus approval given by Audit Committee, at the beginning of the year15.81.581.72Textual Information(1)
2Seshasayee Paper and Boards LimitedAACCS1192GPonni Sugars (Erode) LimitedAACCP2779AAssociate CompanySale of goods or services2.65Part of Omnibus approval given by Audit Committee, at the beginning of the year2.6500Textual Information(2)
3Seshasayee Paper and Boards LimitedAACCS1192GPonni Sugars (Erode) LimitedAACCP2779AAssociate CompanyAny other transactionReimbursement of Expenses /Rendering of Services0.07Part of Omnibus approval given by Audit Committee, at the beginning of the year0.0700Textual Information(3)
4Seshasayee Paper and Boards LimitedAACCS1192GPonni Sugars (Erode) LimitedAACCP2779AAssociate CompanyAny other transactionReceiving of Services0.14Part of Omnibus approval given by Audit Committee, at the beginning of the year0.1400Textual Information(4)
5Seshasayee Paper and Boards LimitedAACCS1192GSPB Projects and Consultancy LimitedAAACS4921KPromoters GroupAny other transactionReceiving of Services0.14Part of Omnibus approval given by Audit Committee, at the beginning of the year0.1400Textual Information(5)
6Seshasayee 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 year0.0200.003Textual Information(6)
7Seshasayee Paper and Boards LimitedAACCS1192GN GopalaratnamABHPG1677PExecutive DirectorRemuneration2.19Part of Omnibus approval given by Audit Committee, at the beginning of the year2.1900.9Textual Information(7)
8Seshasayee Paper and Boards LimitedAACCS1192GV SridarAGCPS0864QNon-Executive - Independent DirectorAny other transactionSitting Fees & Commission0.15Part of Omnibus approval given by Audit Committee, at the beginning of the year0.1500.08Textual Information(8)
9Seshasayee Paper and Boards LimitedAACCS1192GS NarayanABUPN5095RNon-Executive - Independent DirectorAny other transactionSitting Fees & Commission0.15Part of Omnibus approval given by Audit Committee, at the beginning of the year0.1500.08Textual Information(9)
10Seshasayee Paper and Boards LimitedAACCS1192GA L SomayajiAAMPS7826GNon-Executive - Independent DirectorAny other transactionSitting Fees & Commission0.16Part of Omnibus approval given by Audit Committee, at the beginning of the year0.1600.08Textual Information(10)
11Seshasayee Paper and Boards LimitedAACCS1192GNanditha KrishnaACUPN1866FNon-Executive - Independent DirectorAny other transactionSitting Fees & Commission0.12Part of Omnibus approval given by Audit Committee, at the beginning of the year0.1200.08Textual Information(11)
12Seshasayee Paper and Boards LimitedAACCS1192GMohan Verghese ChunkathAFBPM9538DNon-Executive - Independent DirectorAny other transactionSitting Fees & Commission0.14Part of Omnibus approval given by Audit Committee, at the beginning of the year0.1400.08Textual Information(12)
13Seshasayee Paper and Boards LimitedAACCS1192GHans Raj VermaAACPV1406DNon-Executive - Nominee DirectorAny other transactionSitting Fees & Commission0.11Part of Omnibus approval given by Audit Committee, at the beginning of the year0.1100.09Textual Information(13)
14Seshasayee Paper and Boards LimitedAACCS1192GK RajkumarAGQPR2444HNon-Executive - Nominee DirectorAny other transactionSitting Fees & Commission0.11Part of Omnibus approval given by Audit Committee, at the beginning of the year0.1100.09Textual Information(14)
15Seshasayee Paper and Boards LimitedAACCS1192GK S Kasi ViswanathanABZPK8584DExecutive DirectorRemuneration1.96Part of Omnibus approval given by Audit Committee, at the beginning of the year1.9600.76Textual Information(15)
16Seshasayee Paper and Boards LimitedAACCS1192GGanesh Balakrishna BhadtiABPPB4293EExecutive DirectorRemuneration0.85Part of Omnibus approval given by Audit Committee, at the beginning of the year0.8500.26Textual Information(16)
17Seshasayee Paper and Boards LimitedAACCS1192GS SrinivasBBVPS2991BSenir Vice President & CFORemuneration0.37Part of Omnibus approval given by Audit Committee, at the beginning of the year0.3700.07Textual Information(17)
18Seshasayee Paper and Boards LimitedAACCS1192GSPB Equity Shares TrustAAJAS7123GShareholderAny other transactionTransfer of Incime0.71Part of Omnibus approval given by Audit Committee, at the beginning of the year0.7100Textual Information(18)
Total value of transaction during the reporting period25.84