General information about company

Name of The CompanyROSSARI BIOTECH LIMITED
BSE Scrip Code543213
NSE SymbolROSSARI
MSE SymbolNOTLISTED
Date of Start of Financial Year01-04-2023
Date of End of Financial Year31-03-2024
Reporting PeriodFirst half yearly
Date of Start of Reporting Period01-04-2023
Date of End of Reporting Period30-09-2023
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.






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 LimitedMr. Sunil ChariKey Managerial PersonnelRemunerationAs per the Companies Act, 2013 and Shareholders' Approval 6.0600Textual Information(1)
2Rossari Biotech LimitedMr. Edward MenezesKey Managerial PersonnelRemunerationAs per the Companies Act, 2013 and Shareholders' Approval 6.0500Textual Information(2)
3Rossari Biotech LimitedMr.Mikhail MenezesRelative of DirectorsRemunerationAs per the Companies Act, 2013 and Shareholders' Approval 3.4100Textual Information(3)
4Rossari Biotech LimitedMr.Yash ChariRelative of DirectorsRemunerationAs per the Companies Act, 2013 and Shareholders' Approval 3.4200Textual Information(4)
5Rossari Biotech LimitedMr. Ketan SablokKey Managerial PersonnelRemunerationNA10.6200Textual Information(5)
6Rossari Biotech LimitedMs. Manasi NisalKey Managerial PersonnelRemunerationNA0.500Textual Information(6)
7Rossari Biotech LimitedMs. Parul GuptaKey Managerial PersonnelRemunerationNA1.100Textual Information(7)
8Rossari Biotech LimitedMr. Goutam BhattacharyaIndependent DirectorAny other transactionSitting FeesNA1.100Textual Information(8)
9Rossari Biotech LimitedMs. Meher CastelinoIndependent DirectorAny other transactionSitting FeesNA0.400Textual Information(9)
10Rossari Biotech LimitedMr. Aseem DhruIndependent DirectorAny other transactionSitting FeesNA0.600Textual Information(10)
11Rossari Biotech LimitedMr. Sharabh PachoryIndependent DirectorAny other transactionSitting FeesNA0.800Textual Information(11)
12Rossari Biotech LimitedMs. Aparna SharmaIndependent DirectorAny other transactionSitting FeesNA0.500Textual Information(12)
13Rossari Biotech LimitedBuzil Rossari Private LimitedWholly Owned Subsidiary CompanySale of goods or services600NA109.92107.37200.19Textual Information(13)
14Rossari Biotech LimitedBuzil Rossari Private LimitedWholly Owned Subsidiary CompanyInterest received250The Audit Committee has approved an aggregate limit of Rs.250 million4.2403.81Textual Information(14)
15Rossari Biotech LimitedBuzil Rossari Private LimitedWholly Owned Subsidiary CompanyLoan250The Audit Committee has approved an aggregate limit of Rs.250 million235.50235.5Inter-corporate deposit0.08On demandUnsecured General Business RequirementTextual Information(15)
16Rossari Biotech LimitedBuzil Rossari Private LimitedWholly Owned Subsidiary CompanyAny other transactionEmployee Cost - Recovery30The Audit Committee has approved an aggregate limit of Rs.30 million4.0900Textual Information(16)
17Rossari Biotech LimitedBuzil Rossari Private LimitedWholly Owned Subsidiary CompanyAny other transactionEmployee Cost - Reimbursement30The Audit Committee has approved an aggregate limit of Rs.80 million0.6600Textual Information(17)
18Rossari Biotech LimitedBuzil Rossari Private LimitedWholly Owned Subsidiary CompanyAny other transactionRecovery of Expenses30The Audit Committee has approved an aggregate limit of Rs.80 million3.5700Textual Information(18)
19Rossari Biotech LimitedRossari Consumer Products Private LimitedWholly Owned Subsidiary CompanySale of goods or services400NA71.489.1132.85Textual Information(19)
20Rossari Biotech LimitedRossari Consumer Products Private LimitedWholly Owned Subsidiary CompanyAny other transactionSale of Brands200NA16.900Textual Information(20)
21Rossari Biotech LimitedTristar Intermediates Private LimitedSubsidiary CompanySale of goods or services150The Audit Committee has approved an aggregate limit of Rs.150 million0.844.1811.99Textual Information(21)
22Rossari Biotech LimitedTristar Intermediates Private LimitedSubsidiary CompanyAny other transactionCommission Income150The Audit Committee has approved an aggregate limit of Rs.150 million14.7100Textual Information(22)
23Rossari Biotech LimitedTristar Intermediates Private LimitedSubsidiary CompanyPurchase of goods or services1000NA704.45317.03517.19Textual Information(23)
24Rossari Biotech LimitedTristar Intermediates Private LimitedSubsidiary CompanyAny other transactionEmployee Cost - Recovery30The Audit Committee has approved an aggregate limit of Rs.30 million13.0100Textual Information(24)
25Rossari Biotech LimitedTristar Intermediates Private LimitedSubsidiary CompanyAny other transactionRecovery of Expenses30The Audit Committee has approved an aggregate limit of Rs.30 million5.2200Textual Information(25)
26Rossari Biotech LimitedTristar Intermediates Private LimitedSubsidiary CompanyAny other transactionInvestment in Equity SharesPaid 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 from the existing shareholders.169.3200Textual Information(26)
27Rossari Biotech LimitedUnitop Chemicals Private LimitedSubsidiary CompanySale of goods or services150The Audit Committee has approved an aggregate limit of Rs.150 million57.5212.0443.79Textual Information(27)
28Rossari Biotech LimitedUnitop Chemicals Private LimitedSubsidiary CompanyAny other transactionCommission Income150The Audit Committee has approved an aggregate limit of Rs.150 million44.1500Textual Information(28)
29Rossari Biotech LimitedUnitop Chemicals Private LimitedSubsidiary CompanySale of fixed assets50NA2.4200Textual Information(29)
30Rossari Biotech LimitedUnitop Chemicals Private LimitedSubsidiary CompanyPurchase of goods or services1750NA1138.49512.78713.66Textual Information(30)
31Rossari Biotech LimitedUnitop Chemicals Private LimitedSubsidiary CompanyAny other transactionEmployee Cost Recovery80The Audit Committee has approved an aggregate limit of Rs.80 million35.7200Textual Information(31)
32Rossari Biotech LimitedUnitop Chemicals Private LimitedSubsidiary CompanyAny other transactionRecovery of Expenses80The Audit Committee has approved an aggregate limit of Rs.80 million9.900Textual Information(32)
33Rossari Biotech LimitedUnitop Chemicals Private LimitedSubsidiary CompanyAny other transactionInvestment in Equity SharesPaid as per the terms of Share Purchase Agreement approved by the Board of Directors of the Company for acquisition of shares of Unitop Chemicals Private Limited from the existing shareholders.800Textual Information(33)
34Rossari Biotech LimitedRomakk Chemicals Private LimitedAssociateSale of goods or services10NA1.663.10.77Textual Information(34)
35Rossari Biotech LimitedRomakk Chemicals Private LimitedAssociatePurchase of goods or services400NA22.0138.862.96Textual Information(35)
36Rossari Biotech LimitedRomakk Chemicals Private LimitedAssociateAny other transactionEmployee Cost Recovery20The Audit Committee has approved an aggregate limit of Rs.20 million3.9200Textual Information(36)
37Rossari Biotech LimitedRomakk Chemicals Private LimitedAssociateAny other transactionRecovery of Expenses20The Audit Committee has approved an aggregate limit of Rs.20 million1.7800Textual Information(37)
38Rossari Biotech LimitedRomakk Chemicals Private LimitedAssociateDividend receivedNA0.7500Textual Information(38)
39Rossari Biotech LimitedK. K. Chempro (India) Private LimitedRelated Party to Romakk Chemicals Private Limited (subsidiary company)Any other transactionReceivables AcNA00.010.01Textual Information(39)
40Rossari Biotech LimitedK. K. Chempro (India) Private LimitedRelated Party to Romakk Chemicals Private Limited (subsidiary company)Purchase of goods or services90NA0.440.370Textual Information(40)
41Rossari Biotech LimitedK K CHEMICAL INDUSTRIESRelated Party to Romakk Chemicals Private Limited (subsidiary company)Any other transactionPayable Account Debit BalanceNA00.050.05Textual Information(41)
42Rossari Biotech LimitedK K CHEMICAL INDUSTRIESRelated Party to Romakk Chemicals Private Limited (subsidiary company)Any other transactionReceivable Account Credit BalanceNA00.010.01Textual Information(42)
43Rossari Biotech LimitedMccoy Performance Silicones Private LimitedRelated Party to Romakk Chemicals Private Limited (subsidiary company)Any other transactionPayable Account Debit BalanceNA00.010.01Textual Information(43)
44Rossari Biotech LimitedMcCoy Digital Private LimitedRelated Party to Romakk Chemicals Private Limited (subsidiary company)Any other transactionReceivable Account Credit BalanceNA00.030.03Textual Information(44)
45Unitop Chemicals Private LimitedGurudas Vishwas ArasIndependent DirectorAny other transactionSitting FeesNA0.1800Textual Information(45)
46Unitop Chemicals Private LimitedMs. Meher CastelinoIndependent DirectorAny other transactionSitting FeesNA0.1500Textual Information(46)
47Unitop Chemicals Private LimitedTristar Intermediates Private LimitedFellow SubsidiarySale of goods or services250NA67.8637.4855.65Textual Information(47)
48Unitop Chemicals Private LimitedTristar Intermediates Private LimitedFellow SubsidiaryPurchase of goods or services200NA66.525.440Textual Information(48)
49Unitop Chemicals Private LimitedBuzil Rossari Private LimitedFellow SubsidiaryAny other transactionEmployee Cost - Reimbursement5NA0.760.350.83Textual Information(49)
50Unitop Chemicals Private LimitedHextar Unitop SDN.BHD.Joint VentureSale of goods or services60NA13.762.444.47Textual Information(50)
51Unitop Chemicals Private LimitedRomakk Chemicals Private LimitedAssociate of Holding CompanySale of goods or services12.5NA1.140.40Textual Information(51)
52Unitop Chemicals Private LimitedRomakk Chemicals Private LimitedAssociate of Holding CompanyPurchase of goods or services150NA22.972.5516.16Textual Information(52)
53Unitop Chemicals Private LimitedK. K. Chempro (India) Private LimitedAssociate of Holding CompanyPurchase of goods or services100NA13.600Textual Information(53)
54Romakk Chemicals Private LimitedNitin SethiKey Managerial PersonnelRemunerationNA1.500Textual Information(54)
55Romakk Chemicals Private LimitedAmit MalhotraKey Managerial PersonnelRemunerationNA0.600Textual Information(55)
56Romakk Chemicals Private LimitedTristar Intermediates Private LimitedSubsidiaries of enterprise exercising control over the CompanyPurchase of goods or services12.5NA1.661.610Textual Information(56)
57Romakk 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(57)
58Romakk 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 services50NA33.74.278.52Textual Information(58)
59Romakk Chemicals Private LimitedK. K. Chempro (India) Private LimitedEnterprises on which key managerial persons or their relatives are able to exercise significant influenceAny other transactionRent1.2NA0.60.110.11Textual Information(59)
60Romakk Chemicals Private LimitedNitin Sethi (HUF)Enterprises on which key managerial persons or their relatives are able to exercise significant influenceAny other transactionRent0.9NA0.450.070Textual Information(60)
61Romakk Chemicals Private LimitedSumant Agrawal (HUF)Enterprises on which key managerial persons or their relatives are able to exercise significant influenceAny other transactionRent0.9NA0.450.080Textual Information(61)
62Romakk Chemicals Private LimitedK K Chemical IndustriesEnterprises exercising control over the CompanyDividend paidNA0.4500Textual Information(62)
63Romakk Chemicals Private LimitedMccoy Performance Silicones Private LimitedEnterprises exercising control over the CompanyDividend paidNA0.300Textual Information(63)
64Romakk Chemicals Private LimitedNitin SethiKey Managerial PersonnelDividend paidNA000Textual Information(64)
65Romakk Chemicals Private LimitedSunil ChariKey Managerial PersonnelDividend paidNA000Textual Information(65)
66Romakk Chemicals Private LimitedGurudas Vishwas ArasIndependent DirectorAny other transactionSitting FeesNA0.1500Textual Information(66)
67Romakk Chemicals Private LimitedMs. Meher CastelinoIndependent DirectorAny other transactionSitting FeesNA0.1500Textual Information(67)
68Tristar Intermediates Private LimitedBuzil Rossari Private LimitedFellow SubsidiaryAny other transactionEmployee Cost - ReimbursementNA0.250.120.13Textual Information(68)
69Tristar Intermediates Private LimitedMs. Meher CastelinoIndependent DirectorAny other transactionSitting FeesNA0.1500Textual Information(69)
70Tristar Intermediates Private LimitedGurudas Vishwas ArasIndependent DirectorAny other transactionSitting FeesNA0.1800Textual Information(70)
Total value of transaction during the reporting period2942.89



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Ms Manasi Nisal cease to be the Chief Financial Officer and related party with effect from 30th April 2023.
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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 Company or respective subsidiaries.

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.