General information about company

Name of The CompanySESHASAYEE PAPER AND BOARDS LIMITED
BSE Scrip Code502450
NSE SymbolSESHAPAPER
MSE SymbolNOTLISTED
Date of Start of Financial Year01-04-2023
Date of End of Financial Year31-03-2024
Reporting PeriodSecond half yearly
Date of Start of Reporting Period01-10-2023
Date of End of Reporting Period31-03-2024
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 services12.88Part of Omnibus approval given by Audit Committee, at the beginning of the year12.884.591.3Textual Information(1)
2Seshasayee Paper and Boards LimitedAACCS1192GPonni Sugars (Erode) LimitedAACCP2779AAssociate CompanySale of goods or services0.82Part of Omnibus approval given by Audit Committee, at the beginning of the year0.8200Textual Information(2)
3Seshasayee Paper and Boards LimitedAACCS1192GPonni Sugars (Erode) LimitedAACCP2779AAssociate CompanyAny other transactionRendering of Services / Reimbursement of Expenses 0.31Part of Omnibus approval given by Audit Committee, at the beginning of the year0.3100Textual Information(3)
4Seshasayee Paper and Boards LimitedAACCS1192GPonni Sugars (Erode) LimitedAACCP2779AAssociate CompanyAny other transactionReceiving of Services0.11Part of Omnibus approval given by Audit Committee, at the beginning of the year0.1100Textual Information(4)
5Seshasayee Paper and Boards LimitedAACCS1192GDhanashree Investments Private LimitedAAACD1705APromoters GroupAny other transactionReceiving of Services & Reimbursement of Expenses0.02Part of Omnibus approval given by Audit Committee, at the beginning of the year0.0200Textual Information(5)
6Seshasayee Paper and Boards LimitedAACCS1192GSPB Projects and Consultancy LimitedAAACS4921KPromoters GroupAny other transactionReceiving of Services0.4Part of Omnibus approval given by Audit Committee, at the beginning of the year0.400Textual Information(6)
7Seshasayee Paper and Boards LimitedAACCS1192GUltra Investments and Leasing Company Private LimitedAAACU5614MPromoters GroupAny other transactionReceiving of Services & Reimbursement of Expenses0.002Part of Omnibus approval given by Audit Committee, at the beginning of the year0.00200Textual Information(7)
8Seshasayee Paper and Boards LimitedAACCS1192GN GopalaratnamABHPG1677PExecutive DirectorRemuneration2.76NA2.7601.92Textual Information(8)
9Seshasayee Paper and Boards LimitedAACCS1192GV SridarAGCPS0864QNon-Executive - Independent DirectorAny other transactionSitting Fees & Commission0.16NA0.1600.1187Textual Information(9)
10Seshasayee Paper and Boards LimitedAACCS1192GS NarayanABUPN5095RNon-Executive - Independent DirectorAny other transactionSitting Fees & Commission0.166NA0.16600.121Textual Information(10)
11Seshasayee Paper and Boards LimitedAACCS1192GA L SomayajiAAMPS7826GNon-Executive - Independent DirectorAny other transactionSitting Fees & Commission0.161NA0.16100.111Textual Information(11)
12Seshasayee Paper and Boards LimitedAACCS1192GNanditha KrishnaACUPN1866FNon-Executive - Independent DirectorAny other transactionSitting Fees & Commission0.131NA0.13100.111Textual Information(12)
13Seshasayee Paper and Boards LimitedAACCS1192GMohan Verghese ChunkathAFBPM9538DNon-Executive - Independent DirectorAny other transactionSitting Fees & Commission0.143NA0.14300.108Textual Information(13)
14Seshasayee Paper and Boards LimitedAACCS1192GS DurgashankarAACPD4035ANon-Executive - Independent DirectorAny other transactionSitting Fees & Commission0.06NA0.0600.044Textual Information(14)
15Seshasayee Paper and Boards LimitedAACCS1192GSheela BalakrishnanAAEPB7308JNon-Executive - Independent DirectorAny other transactionSitting Fees & Commission0.032NA0.03200.022Textual Information(15)
16Seshasayee Paper and Boards LimitedAACCS1192GHans Raj VermaAACPV1406DNon-Executive - Nominee DirectorAny other transactionSitting Fees & Commission0.12NA0.1200.1Textual Information(16)
17Seshasayee Paper and Boards LimitedAACCS1192GT Ritto CyriacAIKPT5201GNon-Executive - Nominee DirectorAny other transactionSitting Fees & Commission0.115NA0.11500.1Textual Information(17)
18Seshasayee Paper and Boards LimitedAACCS1192GK S Kasi ViswanathanABZPK8584DExecutive DirectorRemuneration2.51NA2.5101.76Textual Information(18)
19Seshasayee Paper and Boards LimitedAACCS1192GGanesh Balakrishna BhadtiABPPB4293EExecutive DirectorRemuneration0.998NA0.99800.54Textual Information(19)
20Seshasayee Paper and Boards LimitedAACCS1192GS SrinivasBBVPS2991BSenior Vice President & CFORemuneration0.464NA0.46400.15Textual Information(20)
21Seshasayee Paper and Boards LimitedAACCS1192GK NarayananAAGPN0878BCompany Secretary & Compliance OfficerRemuneration0.15NA0.1500Textual Information(21)
Total value of transaction during the reporting period22.512