General information about company

Name of The CompanyROSSARI BIOTECH LIMITED
BSE Scrip Code543213
NSE SymbolROSSARI
MSE SymbolNOTLISTED
Date of Start of Financial Year01-04-2022
Date of End of Financial Year31-03-2023
Reporting PeriodSecond half yearly
Date of Start of Reporting Period01-10-2022
Date of End of Reporting Period31-03-2023
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 5.80869700Textual Information(1)
2Rossari Biotech LimitedMr. Edward MenezesKey Managerial PersonnelRemunerationAs per the Companies Act, 2013 and Shareholders' Approval5.80383700Textual Information(2)
3Rossari Biotech LimitedMr.Mikhail MenezesRelative of DirectorsRemunerationAs per the Companies Act, 2013 and Shareholders' Approval3.12445500Textual Information(3)
4Rossari Biotech LimitedMr.Yash ChariRelative of DirectorsRemunerationAs per the Companies Act, 2013 and Shareholders' Approval3.12625400Textual Information(4)
5Rossari Biotech LimitedMr. Ketan SablokKey Managerial PersonnelRemunerationNA6.92660900Textual Information(5)
6Rossari Biotech LimitedMs. Manasi NisalKey Managerial PersonnelRemunerationNA2.6237100Textual Information(6)
7Rossari Biotech LimitedMs. Parul GuptaKey Managerial PersonnelRemunerationNA0.8521500Textual Information(7)
8Rossari Biotech LimitedMr. Aseem DhruIndependent DirectorAny other transactionSitting FeesNA0.700Textual Information(8)
9Rossari Biotech LimitedMr.Robin BanerjeeIndependent DirectorAny other transactionSitting FeesNA0.300Textual Information(9)
10Rossari Biotech LimitedMr.Gautam BhattacharyaIndependent DirectorAny other transactionSitting FeesNA0.900Textual Information(10)
11Rossari Biotech LimitedMs. Meher CastelinoIndependent DirectorAny other transactionSitting FeesNA0.500Textual Information(11)
12Rossari Biotech LimitedMr. Sharabh PachoryIndependent DirectorAny other transactionSitting FeesNA0.600Textual Information(12)
13Rossari Biotech LimitedBuzil Rossari Private LimitedWholly Owned Subsidiary CompanySale of goods or services450NA132.27686583140.93966847107.36957261Textual Information(13)
14Rossari Biotech LimitedBuzil Rossari Private LimitedWholly Owned Subsidiary CompanyPurchase of goods or services30NA0.30823500Textual Information(14)
15Rossari Biotech LimitedBuzil Rossari Private LimitedWholly Owned Subsidiary CompanyInterest received250The Audit Committee has approved an aggregate limit of Rs.250 million0.6135780.0690410Textual Information(15)
16Rossari Biotech LimitedBuzil Rossari Private LimitedWholly Owned Subsidiary CompanyLoan250The Audit Committee has approved an aggregate limit of Rs.250 million20200Textual Information(16)
17Rossari Biotech LimitedBuzil Rossari Private LimitedWholly Owned Subsidiary CompanyAny other transactionEmployee Cost - Recovery20The Audit Committee has approved an aggregate limit of Rs.20 million1.809500Textual Information(17)
18Rossari Biotech LimitedBuzil Rossari Private LimitedWholly Owned Subsidiary CompanyAny other transactionEmployee Cost - Reimbursement20The Audit Committee has approved an aggregate limit of Rs.20 million0.4995300Textual Information(18)
19Rossari Biotech LimitedRossari Consumer Products Private LimitedWholly Owned Subsidiary CompanySale of goods or services200NA5.117979163.066321519.10553751Textual Information(19)
20Rossari Biotech LimitedRossari Consumer Products Private LimitedWholly Owned Subsidiary CompanyAny other transactionRecovery of Expenses50NA0.19619200.196192Textual Information(20)
21Rossari Biotech LimitedTristar Intermediates Private LimitedSubsidiary CompanySale of goods or services150The Audit Committee has approved an aggregate limit of Rs.150 million0.0723081519.524870484.17917114Textual Information(21)
22Rossari Biotech LimitedTristar Intermediates Private LimitedSubsidiary CompanyAny other transactionCommission Income150The Audit Committee has approved an aggregate limit of Rs.150 million6.08875300Textual Information(22)
23Rossari Biotech LimitedTristar Intermediates Private LimitedSubsidiary CompanyPurchase of goods or services520NA351.3799878.6450533435317.03133256Textual Information(23)
24Rossari Biotech LimitedTristar Intermediates Private LimitedSubsidiary CompanyAny other transactionEmployee Cost - Recovery30The Audit Committee has approved an aggregate limit of Rs.30 million5.16316900Textual Information(24)
25Rossari Biotech LimitedTristar Intermediates Private LimitedSubsidiary CompanyAny other transactionRecovery of Expenses30The Audit Committee has approved an aggregate limit of Rs.30 million0.52590500Textual Information(25)
26Rossari Biotech LimitedUnitop Chemicals Private LimitedSubsidiary CompanySale of goods or services150The Audit Committee has approved an aggregate limit of Rs.150 million22.851543722.0973664212.03813163Textual Information(26)
27Rossari Biotech LimitedUnitop Chemicals Private LimitedSubsidiary CompanyAny other transactionCommission Income150The Audit Committee has approved an aggregate limit of Rs.150 million7.51291100Textual Information(27)
28Rossari Biotech LimitedUnitop Chemicals Private LimitedSubsidiary CompanyPurchase of goods or services1750NA472.09089384124.28398341825512.78090238Textual Information(28)
29Rossari Biotech LimitedUnitop Chemicals Private LimitedSubsidiary CompanyPurchase of fixed assets50NA2.1281394500Textual Information(29)
30Rossari Biotech LimitedUnitop Chemicals Private LimitedSubsidiary CompanyAny other transactionEmployee Cost Recovery80The Audit Committee has approved an aggregate limit of Rs.80 million8.79970200Textual Information(30)
31Rossari Biotech LimitedUnitop Chemicals Private LimitedSubsidiary CompanyAny other transactionRecovery of Expenses80The Audit Committee has approved an aggregate limit of Rs.80 million2.6231484700Textual Information(31)
32Rossari 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.2400Textual Information(32)
33Rossari Biotech LimitedRomakk Chemicals Private LimitedAssociateSale of goods or services10NA0.6206663.133799923.10144284Textual Information(33)
34Rossari Biotech LimitedRomakk Chemicals Private LimitedAssociatePurchase of goods or services400NA74.6101363.620895538.86138724Textual Information(34)
35Rossari Biotech LimitedRomakk Chemicals Private LimitedAssociateAny other transactionEmployee Cost - Recovery10NA2.98382800Textual Information(35)
36Rossari Biotech LimitedK. K. Chempro (India) Pvt. LtdRelated Party to Romakk Chemicals Private Limited (subsidiary company)Any other transactionReceivable AccountNA00.0074530.007453Textual Information(36)
37Rossari Biotech LimitedK. K. Chempro (India) Pvt. LtdRelated Party to Romakk Chemicals Private Limited (subsidiary company)Purchase of goods or servicesNA29.933616.5545750.371385Textual Information(37)
38Rossari Biotech LimitedK K CHEMICAL INDUSTRIESRelated Party to Romakk Chemicals Private Limited (subsidiary company)Any other transactionPayable Account Debit BalanceNA00.0458510.045851Textual Information(38)
39Rossari Biotech LimitedK K CHEMICAL INDUSTRIESRelated Party to Romakk Chemicals Private Limited (subsidiary company)Any other transactionReceivable Account Credit BalanceNA00.011550.01155Textual Information(39)
40Rossari Biotech LimitedMcCoy Performance Silicones Pvt. Ltd.Related Party to Romakk Chemicals Private Limited (subsidiary company)Any other transactionPayable Account Debit BalanceNA00.0092490.009249Textual Information(40)
41Rossari Biotech LimitedMcCoy Digital Private LimitedRelated Party to Romakk Chemicals Private Limited (subsidiary company)Any other transactionReceivable Account Credit BalanceNA00.02514580.0251458Textual Information(41)
42Buzil Rossari Private LimitedUnitop Chemicals Private LimitedFellow SubsidiarySale of goods or servicesNA0.02150.340.35Textual Information(42)
43Buzil Rossari Private LimitedUnitop Chemicals Private LimitedFellow SubsidiaryAny other transactionEmployee Cost - Recovery5NA0.58932400Textual Information(43)
44Buzil Rossari Private LimitedTristar Intermediates Private LimitedFellow SubsidiarySale of goods or servicesNA00.3749330.115901Textual Information(44)
45Buzil Rossari Private LimitedTristar Intermediates Private LimitedFellow SubsidiaryAny other transactionEmployee Cost - RecoveryNA0.19644200Textual Information(45)
46Unitop Chemicals Private LimitedGurudas Vishwas ArasIndependent DirectorAny other transactionSitting FeesNA0.100Textual Information(46)
47Unitop Chemicals Private LimitedMeher CastelinoIndependent DirectorAny other transactionSitting FeesNA0.100Textual Information(47)
48Unitop Chemicals Private LimitedTristar Intermediates Private LimitedFellow SubsidiarySale of goods or services100NA39.252.5937.48Textual Information(48)
49Unitop Chemicals Private LimitedTristar Intermediates Private LimitedFellow SubsidiaryPurchase of goods or services30NA4.7405.44Textual Information(49)
50Unitop Chemicals Private LimitedTristar Intermediates Private LimitedFellow SubsidiaryPurchase of fixed assets10NA1.2100Textual Information(50)
51Unitop Chemicals Private LimitedHEXTAR UNITOP SDN. BHD.Joint VentureSale of goods or servicesNA19.315.392.44Textual Information(51)
52Romakk Chemicals Pvt LtdNitin SethiKey Managerial PersonnelRemunerationNA1.71472501895600Textual Information(52)
53Romakk Chemicals Pvt LtdAmit MalhotraKey Managerial PersonnelRemunerationNA0.683300Textual Information(53)
54Romakk Chemicals Pvt LtdUnitop Chemicals Private LimitedEnterprises on which key managerial persons or their relatives are able to exercise significant influenceSale of goods or services50NA2.1602.5488Textual Information(54)
55Romakk Chemicals Pvt LtdUnitop Chemicals Private LimitedEnterprises on which key managerial persons or their relatives are able to exercise significant influencePurchase of goods or services50The Audit Committee has approved an aggregate limit of Rs.50 million1.334200.39648Textual Information(55)
56Romakk Chemicals Pvt LtdTristar Intermediates Private LimitedEnterprises on which key managerial persons or their relatives are able to exercise significant influencePurchase of goods or services50The Audit Committee has approved an aggregate limit of Rs.50 million2.33558101.612116Textual Information(56)
57Romakk Chemicals Pvt LtdK K Chempro India Private LimitedEnterprises on which key managerial persons or their relatives are able to exercise significant influencePurchase of goods or services50The Audit Committee has approved an aggregate limit of Rs.50 million10.98659.3445774.27166587Textual Information(57)
58Romakk Chemicals Pvt LtdK K Chempro India Private LimitedEnterprises on which key managerial persons or their relatives are able to exercise significant influenceAny other transactionRent PaidNA0.60.1080.108Textual Information(58)
59Romakk Chemicals Pvt LtdNitin Sethi (HUF)Enterprises on which key managerial persons or their relatives are able to exercise significant influenceAny other transactionRent PaidNA0.4500.0675Textual Information(59)
60Romakk Chemicals Pvt LtdSumant Agrawal (HUF)Enterprises on which key managerial persons or their relatives are able to exercise significant influenceAny other transactionRent PaidNA0.4500.081Textual Information(60)
61Romakk Chemicals Pvt LtdMs. Meher CastelinoIndependent DirectorAny other transactionSitting FeesNA0.200Textual Information(61)
62Romakk Chemicals Pvt LtdGurudas Vishwas ArasIndependent DirectorAny other transactionSitting FeesNA0.200Textual Information(62)
63Tristar Intermediates Pvt LtdMs. Meher CastelinoIndependent DirectorAny other transactionSitting FeesNA0.27500Textual Information(63)
64Tristar Intermediates Pvt LtdGurudas Vishwas ArasIndependent DirectorAny other transactionSitting FeesNA0.300Textual Information(64)
Total value of transaction during the reporting period1290.67884161896



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The Audit Committee has approved an aggregate limit of Rs.250 million
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The Audit Committee has approved an aggregate limit of Rs.250 million
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The Audit Committee has approved an aggregate limit of Rs.20 million
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The Audit Committee has approved an aggregate limit of Rs.20 million
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The Audit Committee has approved an aggregate limit of Rs.150 million
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The Audit Committee has approved an aggregate limit of Rs.150 million
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The Audit Committee has approved an aggregate limit of Rs.30 million
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The Audit Committee has approved an aggregate limit of Rs.30 million
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The Audit Committee has approved an aggregate limit of Rs.150 million
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The Audit Committee has approved an aggregate limit of Rs.150 million
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The Audit Committee has approved an aggregate limit of Rs.80 million
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The Audit Committee has approved an aggregate limit of Rs.80 million
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The Audit Committee has approved an aggregate limit of Rs.50 million
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The Audit Committee has approved an aggregate limit of Rs.50 million
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The Audit Committee has approved an aggregate limit of Rs.50 million
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Notes:


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.

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 Unitop Chemicals Private Limited from the existing shareholders.