General information about company

Name of The CompanyROSSARI BIOTECH LIMITED
BSE Scrip Code543213
NSE SymbolROSSARI
MSE SymbolNOTLISTED
Date of Start of Financial Year01-04-2024
Date of End of Financial Year31-03-2025
Reporting PeriodFirst half yearly
Date of Start of Reporting Period01-04-2024
Date of End of Reporting Period30-09-2024
Level of rounding to be used in disclosing related party transactionsMillions
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.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?Yes
Latest Date on which RPT policy is updated19-05-2022
Indicate Company website link for updated RPT policy of the Companyhttps://www.rossari.com/wp-content/uploads/2022/07/Policy-on-Materiality-of-Related-Party-Transactions-and-Dealing-with-Related-Party-Transactions.pdf






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)
1Rossari Biotech LimitedSunil ChariKey Managerial PersonnelRemunerationAs per the Companies Act, 2013 and Shareholders' Approval 700Textual Information(1)
2Rossari Biotech LimitedEdward MenezesKey Managerial PersonnelRemunerationAs per the Companies Act, 2013 and Shareholders' Approval 6.9600Textual Information(2)
3Rossari Biotech LimitedMikhail MenezesRelative of DirectorsRemunerationAs per the Companies Act, 2013 and Shareholders' Approval 4.1300Textual Information(3)
4Rossari Biotech LimitedYash ChariRelative of DirectorsRemunerationAs per the Companies Act, 2013 and Shareholders' Approval 4.1400Textual Information(4)
5Rossari Biotech LimitedKetan SablokKey Managerial PersonnelRemunerationNA11.6700Textual Information(5)
6Rossari Biotech LimitedParul GuptaKey Managerial PersonnelRemunerationNA1.5300Textual Information(6)
7Rossari Biotech LimitedAseem DhruIndependent DirectorAny other transactionSitting FeesNA0.500Textual Information(7)
8Rossari Biotech LimitedSharabh PachoryIndependent DirectorAny other transactionSitting FeesNA0.900Textual Information(8)
9Rossari Biotech LimitedAparna SharmaIndependent DirectorAny other transactionSitting FeesNA0.900Textual Information(9)
10Rossari Biotech LimitedEsha AchanIndependent DirectorAny other transactionSitting FeesNA0.800Textual Information(10)
11Rossari Biotech LimitedBuzil Rossari Private LimitedWholly Owned Subsidiary CompanySale of goods or services750NA124.24255.47380.82Textual Information(11)
12Rossari Biotech LimitedBuzil Rossari Private LimitedWholly Owned Subsidiary CompanyPurchase of goods or services30NA0.2600Textual Information(12)
13Rossari Biotech LimitedBuzil Rossari Private LimitedWholly Owned Subsidiary CompanyInterest received250The Audit Committee has approved an aggregate limit of Rs.250 million9.7300Textual Information(13)
14Rossari Biotech LimitedBuzil Rossari Private LimitedWholly Owned Subsidiary CompanyLoan250The Audit Committee has approved an aggregate limit of Rs.250 million0240.3240Loan0.08On DemandUnsecured General Business RequirementTextual Information(14)
15Rossari Biotech LimitedBuzil Rossari Private LimitedWholly Owned Subsidiary CompanyAny other transactionEmployee Cost - Recovery30The Audit Committee has approved an aggregate limit of Rs.30 million4.8400Textual Information(15)
16Rossari Biotech LimitedBuzil Rossari Private LimitedWholly Owned Subsidiary CompanyAny other transactionEmployee Cost - Reimbursement30The Audit Committee has approved an aggregate limit of Rs.30 million0.9100Textual Information(16)
17Rossari Biotech LimitedBuzil Rossari Private LimitedWholly Owned Subsidiary CompanyAny other transactionRecovery of Expenses30The Audit Committee has approved an aggregate limit of Rs.30 million3.700Textual Information(17)
18Rossari Biotech LimitedRossari Consumer Products Private LimitedWholly Owned Subsidiary CompanySale of goods or services600NA63.5723.4782.67Textual Information(18)
19Rossari Biotech LimitedTristar Intermediates Private LimitedWholly Owned Subsidiary CompanySale of goods or services150The Audit Committee has approved an aggregate limit of Rs.150 million14.796.345.65Textual Information(19)
20Rossari Biotech LimitedTristar Intermediates Private LimitedWholly Owned Subsidiary CompanyAny other transactionCommission Income150The Audit Committee has approved an aggregate limit of Rs.150 million5.0600Textual Information(20)
21Rossari Biotech LimitedTristar Intermediates Private LimitedWholly Owned Subsidiary CompanyPurchase of goods or services2000NA716.93277.41297.66Textual Information(21)
22Rossari Biotech LimitedTristar Intermediates Private LimitedWholly Owned Subsidiary CompanyPurchase of fixed assets25NA0.4200Textual Information(22)
23Rossari Biotech LimitedTristar Intermediates Private LimitedWholly Owned Subsidiary CompanyAny other transactionEmployee Cost - Recovery50The Audit Committee has approved an aggregate limit of Rs.50 million16.1300Textual Information(23)
24Rossari Biotech LimitedTristar Intermediates Private LimitedWholly Owned Subsidiary CompanyAny other transactionRecovery of Expenses50The Audit Committee has approved an aggregate limit of Rs.50 million3.2800Textual Information(24)
25Rossari Biotech LimitedUnitop Chemicals Private LimitedSubsidiary CompanySale of goods or services3000The Audit Committee has approved an aggregate limit of Rs.3000 million385.8636.8156.5Textual Information(25)
26Rossari Biotech LimitedUnitop Chemicals Private LimitedSubsidiary CompanyAny other transactionCommission Income3000The Audit Committee has approved an aggregate limit of Rs.3000 million51.400Textual Information(26)
27Rossari Biotech LimitedUnitop Chemicals Private LimitedSubsidiary CompanySale of fixed assets50NA0.0200Textual Information(27)
28Rossari Biotech LimitedUnitop Chemicals Private LimitedSubsidiary CompanyPurchase of goods or services4000NA1479.76849.811174.15Textual Information(28)
29Rossari Biotech LimitedUnitop Chemicals Private LimitedSubsidiary CompanyPurchase of fixed assets50NA0.5300Textual Information(29)
30Rossari Biotech LimitedUnitop Chemicals Private LimitedSubsidiary CompanyAny other transactionEmployee Cost - Recovery120The Audit Committee has approved an aggregate limit of Rs.120 million60.2400Textual Information(30)
31Rossari Biotech LimitedUnitop Chemicals Private LimitedSubsidiary CompanyAny other transactionRecovery of Expenses120The Audit Committee has approved an aggregate limit of Rs.120 million26.4400Textual Information(31)
32Rossari Biotech LimitedRomakk Chemicals Private LimitedFellow SubsidiarySale of goods or services60NA5.680.690.66Textual Information(32)
33Rossari Biotech LimitedRomakk Chemicals Private LimitedFellow SubsidiaryPurchase of goods or services400NA85.7643.0535.03Textual Information(33)
34Rossari Biotech LimitedRomakk Chemicals Private LimitedFellow SubsidiaryAny other transactionEmployee Cost - Recovery20The Audit Committee has approved an aggregate limit of Rs.20 million4.1500Textual Information(34)
35Rossari Biotech LimitedRomakk Chemicals Private LimitedFellow SubsidiaryAny other transactionRecovery of Expenses20The Audit Committee has approved an aggregate limit of Rs.20 million0.4200Textual Information(35)
36Rossari Biotech LimitedK. K. Chempro (India) Private LimitedRelated Party to Romakk Chemicals Private Limited (Subsidiary company)Any other transactionReceivables AcNA00.010.01Textual Information(36)
37Rossari Biotech LimitedK. K. Chempro (India) Private LimitedRelated Party to Romakk Chemicals Private Limited (Subsidiary company)Purchase of goods or services90NA7.451.788.2Textual Information(37)
38Rossari Biotech LimitedK K CHEMICAL INDUSTRIESRelated Party to Romakk Chemicals Private Limited (Subsidiary company)Any other transactionPayable Account Debit BalanceNA00.050.05Textual Information(38)
39Rossari Biotech LimitedMcCoy Performance Silicones Private LimitedRelated Party to Romakk Chemicals Private Limited (Subsidiary company)Any other transactionPayable Account Debit BalanceNA00.010.01Textual Information(39)
40Unitop Chemicals Private LimitedGurudas Vishwas ArasIndependent DirectorAny other transactionSitting FeesNA0.1300Textual Information(40)
41Unitop Chemicals Private LimitedAparna SharmaIndependent DirectorAny other transactionSitting FeesNA0.100Textual Information(41)
42Unitop Chemicals Private LimitedTristar Intermediates Private LimitedFellow SubsidiarySale of goods or services250NA88.1800Textual Information(42)
43Unitop Chemicals Private LimitedTristar Intermediates Private LimitedFellow SubsidiaryPurchase of goods or services500NA125.7541.832.28Textual Information(43)
44Unitop Chemicals Private LimitedTristar Intermediates Private LimitedFellow SubsidiaryAny other transactionPurchase of Export Benefit License5NA1.2400Textual Information(44)
45Unitop Chemicals Private LimitedBuzil Rossari Private LimitedFellow SubsidiaryAny other transactionEmployee Cost - Reimbursement5NA0.890.570.44Textual Information(45)
46Unitop Chemicals Private LimitedHextar Unitop SDN.BHD.Joint VentureSale of goods or services60NA4.232.460Textual Information(46)
47Unitop Chemicals Private LimitedRomakk Chemicals Private LimitedFellow SubsidiarySale of goods or services13NA1.9200Textual Information(47)
48Unitop Chemicals Private LimitedRomakk Chemicals Private LimitedFellow SubsidiaryPurchase of goods or services150NA14.45012.1Textual Information(48)
49Tristar Intermediates Private LimitedBuzil Rossari Private LimitedFellow SubsidiaryAny other transactionEmployee Cost - Reimbursement5NA0.30.180.15Textual Information(49)
50Tristar Intermediates Private LimitedSanjay R MarballiWhole Time DirectorRemunerationNA5.600.63Textual Information(50)
51Tristar Intermediates Private LimitedKrishna Kumar TiwariWhole Time DirectorRemunerationNA2.2600.28Textual Information(51)
52Tristar Intermediates Private LimitedKrishna Kumar TiwariWhole Time DirectorAny other transactionEmployee Bonus PoolNA200Textual Information(52)
53Tristar Intermediates Private LimitedMeher CastelinoIndependent DirectorAny other transactionSitting FeesNA0.0800Textual Information(53)
54Tristar Intermediates Private LimitedGurudas Vishwas ArasIndependent DirectorAny other transactionSitting FeesNA0.100Textual Information(54)
55Romakk Chemicals Private LimitedNitin SethiKey Managerial PersonnelRemunerationNA1.500Textual Information(55)
56Romakk Chemicals Private LimitedAmit MalhotraKey Managerial PersonnelRemunerationNA0.600Textual Information(56)
57Romakk Chemicals Private LimitedTristar Intermediates Private LimitedSubsidiaries of enterprise exercising control over the CompanyPurchase of goods or services13NA8.080.396.46Textual Information(57)
58Romakk Chemicals Private LimitedK. K. Chempro (India) Private LimitedEnterprises on which key managerial persons or their relatives are able to exercise significant influenceSale of goods or services1NA0.1300Textual Information(58)
59Romakk Chemicals Private LimitedK. K. Chempro (India) Private LimitedEnterprises on which key managerial persons or their relatives are able to exercise significant influencePurchase of goods or services50NA16.136.6311.14Textual Information(59)
60Romakk Chemicals Private LimitedK. K. Chempro (India) Private LimitedEnterprises on which key managerial persons or their relatives are able to exercise significant influenceAny other transactionRent1NA0.60.110.11Textual Information(60)
61Romakk Chemicals Private LimitedK. K. Chempro (India) Private LimitedEnterprises on which key managerial persons or their relatives are able to exercise significant influenceAny other transactionOthers10NA01.450Textual Information(61)
62Romakk Chemicals Private LimitedNitin Sethi (HUF)Enterprises on which key managerial persons or their relatives are able to exercise significant influenceAny other transactionRent1NA0.450.070.07Textual Information(62)
63Romakk Chemicals Private LimitedSumant Agrawal (HUF)Enterprises on which key managerial persons or their relatives are able to exercise significant influenceAny other transactionRent1NA0.450.10.08Textual Information(63)
64Romakk Chemicals Private LimitedGurudas Vishwas ArasIndependent DirectorAny other transactionSitting FeesNA0.1300Textual Information(64)
65Romakk Chemicals Private LimitedMeher CastelinoIndependent DirectorAny other transactionSitting FeesNA0.1300Textual Information(65)
Total value of transaction during the reporting period3385.53



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Textual Information(65)1. Dividend paid by Rossari Biotech Limited ("the Company") to related parties is not included in statement above since payment of dividend by a listed company is not a related party transaction as per Regulation 2(1 )(zc) of the SEBI LODR Regulations. 2. The value of the related party transaction approved by the audit committee represents the value approved by audit committee of the respective Company. 3. Remuneration does not include stock options granted in accordance with the Rossari Employee Stock Option Plan- 2019, these options would vest after fulfillment of vesting conditions in accordance with the plan. Remuneration reported pertains to the amount paid during the period. 4. Transactions between members of the Group (between Rossari Biotech Limited and its subsidiary or between subsidiaries) are reported once. 5. Paid as per the terms of Share Purchase Agreement approved by the Board of Directors of the Company for acquisition of shares of Tristar Intermediates Private Limited.