General information about company | |
Name of The Company | Macrotech Developers Limited |
BSE Scrip Code | 543287 |
NSE Symbol | LODHA |
MSE Symbol | NotListed |
Date of Start of Financial Year | 01-04-2022 |
Date of End of Financial Year | 31-3-2023 |
Reporting Period | First half yearly |
Date of Start of Reporting Period | 01-04-2022 |
Date of End of Reporting Period | 30-09-2022 |
Level of rounding to be used in disclosing related party transactions | Crores |
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/public | NA | ||
(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. | No | ||
(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 transaction | Details of the counterparty | Type of related party transaction | Details of other related party transaction | Value of the related party transaction as approved by the audit committee | Remarks on approval by audit committee | Value of transaction during the reporting period | In case monies are due to either party as a result of the transaction | In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments | Details of the loans, inter-corporate deposits, advances or investments | Notes | |||||||||||
Name | PAN | Name | PAN | Relationship of the counterparty with the listed entity or its subsidiary | Opening balance | Closing balance | Nature of indebtedness (loan/ issuance of debt/ any other etc.) | Details of other indebtedness | Cost | Tenure | Nature (loan/ advance/ intercorporate deposit/ investment ) | Interest Rate (%) | Tenure | Secured/ unsecured | Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage) | |||||||
1 | Macrotech Developers Limited | Abhishek Lodha | Person having Control | Remuneration | NA | 2.4759 | 0 | 0.5 | Textual Information(1) | |||||||||||||
2 | Macrotech Developers Limited | Abhishek Lodha | Person having Control | Any other transaction | Guarantee/ Security Taken | 3500 | NA | 2457 | 8233.33786287228 | 6560.47347372818 | Textual Information(2) | |||||||||||
3 | Macrotech Developers Limited | Mangal Prabhat Lodha | Close family member of person having control | Remuneration | NA | 1.6506 | 0 | 0 | Textual Information(3) | |||||||||||||
4 | Macrotech Developers Limited | Vinti Lodha | Close family member of person having control | Remuneration | NA | 0.60198 | 0 | 0.11 | Textual Information(4) | |||||||||||||
5 | Macrotech Developers Limited | Rajendra Lodha | KMP | Remuneration | NA | 2.429361 | 0 | 0.45 | Textual Information(5) | |||||||||||||
6 | Macrotech Developers Limited | Sushil Kumar Modi | KMP | Remuneration | NA | 7.06796353310469 | 0 | 1.34 | Textual Information(6) | |||||||||||||
7 | Macrotech Developers Limited | Raunika Malhotra | KMP | Remuneration | NA | 2.26379122344166 | 0 | 0.71 | Textual Information(7) | |||||||||||||
8 | Macrotech Developers Limited | Govind Agarwal | Director of Holding Company | Remuneration | NA | 0.319328477753425 | 0 | 0.13 | Textual Information(8) | |||||||||||||
9 | Macrotech Developers Limited | Manoj Vaishya | Director of Holding Company | Remuneration | NA | 0.389580680054795 | 0 | 0.15 | Textual Information(9) | |||||||||||||
10 | Macrotech Developers Limited | Mukund Chitale | KMP | Any other transaction | Commission and Sitting Fees | NA | 0.051 | 0.36045 | 0.01 | Textual Information(10) | ||||||||||||
11 | Macrotech Developers Limited | Ashwani Kumar | KMP | Any other transaction | Commission and Sitting Fees | NA | 0.026 | 0.36 | 0 | Textual Information(11) | ||||||||||||
12 | Macrotech Developers Limited | Lee Anthony Polisano | KMP | Any other transaction | Commission and Sitting Fees | NA | 0.0075 | 0.278984 | 0 | Textual Information(12) | ||||||||||||
13 | Macrotech Developers Limited | Rajeev Bakshi | KMP | Any other transaction | Commission and Sitting Fees | NA | 0.0075 | 0 | 0 | Textual Information(13) | ||||||||||||
14 | Macrotech Developers Limited | Altamount Road Property Pvt Ltd. | Joint Venture | Interest received | NA | 1.22394034286838 | 0 | 0 | Textual Information(14) | |||||||||||||
15 | Macrotech Developers Limited | Altamount Road Property Pvt Ltd. | Joint Venture | Any other transaction | Rent Income | 1.3 | NA | 0.45 | 0 | 0 | Textual Information(15) | |||||||||||
16 | Macrotech Developers Limited | Altamount Road Property Pvt Ltd. | Joint Venture | Any other transaction | Sale of Land | 158 | NA | 65.6453654 | 0 | 0 | Textual Information(16) | |||||||||||
17 | Macrotech Developers Limited | Altamount Road Property Pvt Ltd. | Joint Venture | Any other transaction | Redemption of Investment | 20 | NA | 17.15 | 0 | 0 | Textual Information(17) | |||||||||||
18 | Macrotech Developers Limited | Bellissimo Digital Infrastructure Development Management Pvt. Ltd. | Joint Venture | Investment | 3.6 | NA | 3.6 | 0 | 2.698 | Investment | 0 | NA | Unsecured | Business purpose | Textual Information(18) | |||||||
19 | Macrotech Developers Limited | Lodha Developers Jersey III | Joint Venture | Any other transaction | Loan/ Advances Given -Net | 200 | NA | 200.655069102126 | 1159.21623678243 | 1359.87130588455 | Loan | 0.0825 | 6 Years | Unsecured | Business purpose | Textual Information(19) | ||||||
20 | Macrotech Developers Limited | National Standard (India) Ltd. | Subsidiary | Any other transaction | Salaries and Wages Recovered | 0.1 | NA | 0.0531196 | 0 | 0 | Textual Information(20) | |||||||||||
21 | Macrotech Developers Limited | National Standard (India) Ltd. | Subsidiary | Interest paid | NA | 4.70352942757094 | 0 | 4.70352942757094 | Textual Information(21) | |||||||||||||
22 | Macrotech Developers Limited | National Standard (India) Ltd. | Subsidiary | Any other transaction | Loan/ Advances Taken -Net | 50 | NA | 33.2111511 | 157.915753 | 191.1269041 | Textual Information(22) | |||||||||||
23 | Macrotech Developers Limited | National Standard (India) Ltd. | Subsidiary | Purchase of goods or services | 10 | NA | 1.225138099 | 0 | 0 | Textual Information(23) | ||||||||||||
24 | Macrotech Developers Limited | Palava Induslogic 2 Pvt. Ltd. | Joint Venture | Any other transaction | Other Operating Income | 6.9 | NA | 6.9 | 0 | 0 | Textual Information(24) | |||||||||||
25 | Macrotech Developers Limited | Palava Induslogic 4 Pvt. Ltd. | Joint Venture | Investment | 104.25 | NA | 104.254127 | 0 | 104.254127 | Investment | 0 | NA | Unsecured | Business purpose | Textual Information(25) | |||||||
26 | Macrotech Developers Limited | Palava Induslogic 4 Pvt. Ltd. | Joint Venture | Any other transaction | Sale of Land | 272 | NA | 271.9983835 | 0 | 0 | Textual Information(26) | |||||||||||
27 | Macrotech Developers Limited | Palava Induslogic 4 Pvt. Ltd. | Joint Venture | Any other transaction | Other Operating Income | 6.51 | NA | 6.50714144067797 | 0 | 0 | Textual Information(27) | |||||||||||
28 | Macrotech Developers Limited | Roselabs Finance Ltd. | Subsidiary | Any other transaction | Salary and Wages Recovered | 0.1 | NA | 0.0254169 | 0 | 0 | Textual Information(28) | |||||||||||
29 | Macrotech Developers Limited | Roselabs Finance Ltd. | Subsidiary | Any other transaction | Loan/ Advances Given -Net | 2 | NA | 0.3395876 | 4.9257446 | 5.2653322 | Loan | 0 | 1.5 year | Unsecured | Business purpose | Textual Information(29) | ||||||
30 | Macrotech Developers Limited | Roselabs Finance Ltd. | Subsidiary | Any other transaction | Other Financial Assets | 0.01 | NA | 0.0044456 | 0.0068411 | 0.0112867 | Textual Information(30) | |||||||||||
31 | Macrotech Developers Limited | Sanathnagar Enterprises Ltd. | Subsidiary | Any other transaction | Salary and Wages Recovered | 0.1 | NA | 0.0365171 | 0 | 0 | Textual Information(31) | |||||||||||
32 | Macrotech Developers Limited | Simtools Pvt. Ltd. | Subsidiary | Any other transaction | Loan/ Advances Given -Net | 5 | NA | 0.091 | 23.2722487 | 23.3628387 | Loan | 0 | 1.5 year | Unsecured | Business purpose | Textual Information(32) | ||||||
33 | Macrotech Developers Limited | Lodha Developers International (Jersey) III Ltd. | Joint Venture | Any other transaction | Provision for Doubtful Loan | 526.47 | NA | 526.46774 | 0 | 0 | Textual Information(33) | |||||||||||
34 | Macrotech Developers Limited | Lodha Developers UK Ltd. | Joint Venture | Any other transaction | Provision for Doubtful Loan | 136.16 | NA | 136.15545 | 0 | 0 | Textual Information(34) | |||||||||||
35 | Macrotech Developers Limited | RMI Energy Solutions India Foundation | Others | Any other transaction | Donation | 3.25 | NA | 0.65 | 0 | 0 | Textual Information(35) | |||||||||||
36 | Macrotech Developers Limited | Sahil Lodha | Close family member of person having control | Any other transaction | Reversal of Income from Property Development | NA | 21.88 | 0 | 0 | Textual Information(36) | ||||||||||||
37 | Macrotech Developers Limited | Sitaben Shah Memorial Trust | Others | Any other transaction | Income from Property Development | 168 | NA | 76.4 | 5.9341041 | 69.745567107438 | Textual Information(37) | |||||||||||
38 | Macrotech Developers Limited | Sitaben Shah Memorial Trust | Others | Any other transaction | Donation/ Corporate Social Responsibility Expenses | 25 | NA | 6 | 0 | 0 | Textual Information(38) | |||||||||||
Total value of transaction during the reporting period | 3959.9176271266 |
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Textual Information(18) | Opening and Closing balance are not given where there was no transaction of Investment/Guarantee/Loans during the half year ended September 30, 2022. | |
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1. Loans given and returned within the reporting period are not included.
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Textual Information(25) | Opening and Closing balance are not given where there was no transaction of Investment/Guarantee/Loans during the half year ended September 30, 2022. | |
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1. Loans given and returned within the reporting period are not included.
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1. Loans given and returned within the reporting period are not included.
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