MITTAL LIFE STYLE LIMITED
Unit No. 8/9,Ravi Kiran, New Link Road,Andheri‐(West), Mumbai, MH 400053 Tel:‐ 022 26741787 / 26741792. Website:‐www.mittallifestyle.in
Email:‐ info@mittallifestyle.in / cmd@mittallifestyle.in
CIN : L18101MH2005PLC155786
To, | Date: 09th June, 2022 |
The Manager‐Listing department | |
National Stock Exchange of India Limited, | |
Exchange plaza, Plot No. C/1, G Block, | |
BKC, Bandra (E), Mumbai‐400051 | |
Symbol: MITTAL | |
Series: EQ | |
Dear Sir/ Madam, |
Subject: Disclosure of Related Party Transactions under Regulation 23(9) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the Quarter/half year ended March 31, 2022.
In compliance with Regulation 23(9) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the Related Party Transactions, in accordance with the applicable accounting standards, for the quarter and half year ended March 31, 2022.
The above disclosure is being uploaded on the website of the Company.
Kindly take the same on your record.
Thanking You,
Yours Truly
Encl.: a/a
Mittal Life Style Limited ‐ Disclsoure of Related Party Transactions for the half year /six months ended March 31, 2022
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. | ||||||||||||||||||
Details of the Party (listed | In case monies are due to | In case any financial indebtedness | ||||||||||||||||
is incurred to make or give loan, | Details of the loans, inter‐corporate deposits, advances or | |||||||||||||||||
entity /subsidiary) entering | Details of the counterparty | either party as a result of the | ||||||||||||||||
inter‐corporate deposits, advances | Investments | |||||||||||||||||
into the transaction | transaction | or Investments | ||||||||||||||||
Value of the | ||||||||||||||||||
Relationship | Type of Related | transaction | Value of | |||||||||||||||
Transaction during | Purpose for which | |||||||||||||||||
Sr. No | of the | Party | as approved | Nature of | ||||||||||||||
counterparty | Transaction | by the Audit | the reporting | Indebtness | the funds will be | |||||||||||||
Period | Closing | Interest | Secured/ | utilised by the | ||||||||||||||
Name | PAN | Name | PAN | with the | Committee | Opening Balance | (loan/ issuance | Cost | Tenure | Nature | Tenure | |||||||
Balance | Rate (%) | Unsecured | ultimate recipient | |||||||||||||||
listed entity | of debt/ any | |||||||||||||||||
of funds (end‐ | ||||||||||||||||||
or its | other etc.) | |||||||||||||||||
usage) | ||||||||||||||||||
subsidiary | ||||||||||||||||||
Mittal Life | Mr. Brijeshkumar | AACPM85 | Managing | Loan Repaid in | ||||||||||||||
1 | Style Limited | AAECM3826H | Mittal | 23C | Director | full | 1,09,95,000.00 | 1,09,95,000.00 | ‐ | NA | NA | NA | NA | NA | NA | NA | NA | |
Mittal Life | AACPM85 | Whole Time | Loan Repaid in | |||||||||||||||
2 | Style Limited | AAECM3826H | Mr. Pratik Mittal | 19Q | Director | full | 67,45,000.00 | 67,45,000.00 | ‐ | NA | NA | NA | NA | NA | NA | NA | NA | |
Mittal Life | Mrs. Sudha Brijesh | AAHPM40 | Loan Repaid in | |||||||||||||||
3 | Style Limited | AAECM3826H | Mittal | 69L | Director | full | 1,08,67,595.00 | 1,08,67,595.00 | ‐ | NA | NA | NA | NA | NA | NA | NA | NA | |
Relative of | ||||||||||||||||||
Mittal Life | Mrs. Pallavi Pratik | AQFPA01 | Whole Time | Loan Repaid in | ||||||||||||||
4 | Style Limited | AAECM3826H | Mittal | 36L | Director | full | 17,20,000.00 | 17,20,000.00 | ‐ | NA | NA | NA | NA | NA | NA | NA | NA | |
Director | ||||||||||||||||||
Mittal Life | JK Denim Fab Private | AABCD74 | Interested | Loan Repaid in | ||||||||||||||
5 | Style Limited | AAECM3826H | Limited | 40F | Entity | full | 1,09,75,000.00 | 1,09,75,000.00 | ‐ | NA | NA | NA | NA | NA | NA | NA | NA | |
Director | ||||||||||||||||||
Mittal Life | Denim Fab(Mumbai) | AACCJ778 | Interested | |||||||||||||||
6 | Style Limited | AAECM3826H | Private Limited | 2R | Entity | Loan Taken | 84,649.00 | 84,649.00 | ‐ | NA | NA | NA | NA | NA | NA | NA | NA | |
Remuneration | ||||||||||||||||||
Mittal Life | Mr. Brijeshkumar | AACPM85 | Managing | Paid of FY 2020‐ | ||||||||||||||
7 | Style Limited | AAECM3826H | Mittal | 23C | Director | 21 | 92,500.00 | 92,500.00 | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | |
Remuneration | ||||||||||||||||||
Mittal Life | AACPM85 | Whole Time | Paid of FY 2020‐ | |||||||||||||||
8 | Style Limited | AAECM3826H | Mr. Pratik Mittal | 19Q | Director | 21 | 92,500.00 | 92,500.00 | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | |
Director | ||||||||||||||||||
Mittal Life | AAPHP19 | Interested | ||||||||||||||||
9 | Style Limited | AAECM3826H | Pratik Mittal HUF | 75G | Entity | Rent Paid | 9,00,000.00 | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | |
Mittal Life | Mrs. Sudha Brijesh | AAHPM40 | ||||||||||||||||
10 | Style Limited | AAECM3826H | Mittal | 69L | Director | Rent Paid | 2,37,329.00 | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | |
Preferential | ||||||||||||||||||
Brijeshkumar Mittal | Director | Issue of Equity | 69,30,000.00 | |||||||||||||||
Mittal Life | HUF | AAAHM59 | Interested | Shares at | ||||||||||||||
11 | Style Limited | AAECM3826H | 14M | Entity | premium | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | |||
Preferential | ||||||||||||||||||
Denim Fab(Mumbai) | Director | Issue of Equity | 15,18,000.00 | |||||||||||||||
Mittal Life | Private Limited | AACCJ778 | Interested | Shares at | ||||||||||||||
12 | Style Limited | AAECM3826H | 2R | Entity | premium | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | |||
Preferential | ||||||||||||||||||
JK Denim Fab Private | Director | Issue of Equity | 39,60,000.00 | |||||||||||||||
Mittal Life | Limited | AABCD74 | Interested | Shares at | ||||||||||||||
13 | Style Limited | AAECM3826H | 40F | Entity | premium | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ |
Preferential | ||||||||||||||||||
Mr. Pratik Mittal | Issue of Equity | 23,21,000.00 | ||||||||||||||||
Mittal Life | AACPM85 | Whole Time | Shares at | |||||||||||||||
14 | Style Limited | AAECM3826H | 19Q | Director | premium | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | |||
Preferential | ||||||||||||||||||
Mrs. Sudha Brijesh | Issue of Equity | 23,21,000.00 | ||||||||||||||||
Mittal Life | Mittal | AAHPM40 | Shares at | |||||||||||||||
15 | Style Limited | AAECM3826H | 69L | Director | premium | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | |||
Preferential | ||||||||||||||||||
Mr. Viral Dhirajlal | Issue of Equity | 50,60,000.00 | ||||||||||||||||
Mittal Life | Mehta | ABQPM62 | Shares at | |||||||||||||||
16 | Style Limited | AAECM3826H | 94B | Director | premium | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | |||
Mittal Life | Jalpa Purohit | BVKPP799 | Company | |||||||||||||||
17 | Style Limited | AAECM3826H | 4N | Secretary | Salary Paid | 1,50,000.00 | 25,000.00 | 25,000.00 | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ | ‐ |
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Mittal Life Style Ltd. published this content on 09 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 June 2022 07:41:04 UTC.