A/T

Natural

AVTNPL/SE/2022-23

June 7, 2022

The Listing Manager

The National Stock Exchange of India Ltd.,

SSE Limited,

"Exchange Plaza"

Phiroze Jeejeebhoy Towers,

Sandra Kurla Complex,

25th Floor, Dalal Street,

Sandra East,

Mumbai - 400 001.

Mumbai - 400 051

Stock Code- 519105

Stock Code - AVTNPL-Eq

Sub: Half Year Disclosure of Related Party Transactions for the period ended March 31, 2022 under Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015

Dear Sir/ Madam,

Pursuant to Regulations, we are attaching herewith the half-yearly disclosure of Related Party Transactions for the period ended March 31, 2022.

We request you to kindly take the above information on Record. Thanking you,

Yours faithfully,

For AVT tural Products Ltd.,

I

AVT Natural Products Ltd., Plot No. 225/1A 5-7, Kaipoorikkara,

I

Regd. Office : # 60, Rukmani Lakshmipathy Salai, Egmore,

Marampilly P.O., South Vazhakulam, Aluva - 683 105, Cochin, India.

Chennai - 600 008, India. T/F: +9144 28584147 E: avtnpl@avtnatural.com,

P: +91 484 2848240 F: +91 484 2677512 Website: www.avtnatural.com

CIN: L15142TN1986PLC012780

AVT NATURAL PRODUCTS LTD

No.60, Rukmani, Lakshmipathy Salai,

Egmore, Chennai 600 008

Disclosure of Related Party Transaction for the half year ended 31st March 2022

Annex

Rs.in Lakhs

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.

In case monies are

In case any financial indebtedness is

Details of the party (listed entity /subsidiary) entering into the

Details of the counterparty

due to either party as

incurred to make or give loans, inter-

Details of the loans, inter-corporate deposits, advances or investments

transaction

a result of the

corporate deposits, advances or

Value of the

Value of

transaction

investments

S. No

Type of related party transaction

related party

transaction

Purpose for which

transaction as

during the

Nature of

Nature (loan/

approved by the

reporting

the funds will be

Relationship of the counterparty with the listed entity

Opening

Closing

indebtedness

advance/ inter-

Interest

Secured/

Name

PAN

Name

PAN

audit committee

period

Tenure

Tenure

utilised by the

(loan/ issuance

Cost

corporate

or its subsidiary

balance

balance

Rate (%)

unsecured

ultimate recipient

of debt/ any

deposit/

of funds (end-

other etc.)

investment

usage)

1

AVT NATURAL PRODUCTS LTD

NEELAMALAI AGRO INDUSTRIES LTD

Entities having significant influence

Purchase of Goods and Services

200

78.26

-7.55

-0.01

Rendering of Services

200

0.37

-7.55

-0.01

Dividend Paid

243.65

Purchase of Goods and Services

250

5.45

0

-2.89

2

AVT NATURAL PRODUCTS LTD

THE MIDLAND RUBBER AND PRODUCE CO LTD

Entities having significant influence

Rendering of Services

250

0.37

0

-2.89

Receiving of Services

250

12.68

0

-2.89

Dividend Paid

181.81

Purchase of Goods and Services

100

6.85

-1.13

-2.72

3

AVT NATURAL PRODUCTS LTD

THE NELLIAMPATHY TEA AND PRODUCE CO LTD

Entities with Common Control

Sale of Goods and Services

100

33.83

-1.13

-2.72

Receiving of Services

100

1.61

-1.13

-2.72

Dividend Paid

24.37

4

AVT NATURAL PRODUCTS LTD

AVT MCCORMICK INGREDIENTS PVT LTD

Entities with Common Control

Sale of Goods and Services

100

0.48

-5.2

-13.04

Rendering of Services

100

3.82

-5.2

-13.04

Receiving of Services

100

17.3

-5.2

-13.04

5

AVT NATURAL PRODUCTS LTD

A.V.THOMAS & CO LTD

Entities with Common Control

Purchase of Goods and Services

600

33.85

0

39.83

Sale of Goods and Services

600

53.75

0

39.83

Freight

600

80.29

-31.66

-9.79

6

AVT NATURAL PRODUCTS LTD

AVT GAVIA FOODS PVT LTD

Entities with Common Control

15

0

0

0

Purchase of Goods and Services

304.89

-442.15

-185.63

7

AVT NATURAL PRODUCTS LTD

AVT NATURAL EUROPE LTD

Subsidiaries

Sale of Goods and Services

2700.38

1997.11

718.95

Commission Paid

69.99

-442.15

-185.63

Consultancy Charges

32.89

-442.15

-185.63

Receiving of Services

3.72

-442.15

-185.63

8

AVT NATURAL PRODUCTS LTD

AVT NATURAL S.A DE C.V

Subsidiaries

Sale of Goods and Services

757.62

121.97

694.66

Commission Paid

355.93

-59.21

0

9

AVT NATURAL PRODUCTS LTD

AVT NATURAL NORTH AMERICA INC

Stepdown Subsidiary

Sale of Goods and Services

164.8

74.64

164.03

Rendering of Services

1.58

-12.8

-0.65

Receiving of Services

71.06

-12.8

-0.65

10

AVT NATURAL PRODUCTS LTD

MIDLAND CHARITABLE TRUST

Entities with Common Control

50

0

0

0

11

AVT NATURAL PRODUCTS LTD

MIDLAND CORPORATE ADVISORY SERVICES PVT LTD

Entities with Common Control

Receiving of Services

15

14.16

0

0

12

AVT NATURAL PRODUCTS LTD

AJIT THOMAS

Promoters/Chairman

Sitting Fee Paid

1.05

Dividend Paid

6.09

13

AVT NATURAL PRODUCTS LTD

SHANTHI THOMAS

Promoters/Non-Executive Director

Sitting Fee Paid

0.3

Dividend Paid

0.72

14

AVT NATURAL PRODUCTS LTD

RAHUL THOMAS

Promoter Group/Relatives of Promtoer

Remuneration Paid

40.81

15

AVT NATURAL PRODUCTS LTD

ASHWIN THOMAS

Promoter Group/Relatives of Promtoer

Dividend Paid

0.21

16

AVT NATURAL PRODUCTS LTD

HABIB HUSSAIN

Non-Executive Director

Sitting Fee Paid

0.95

Dividend Paid

0.8

17

AVT NATURAL PRODUCTS LTD

M.A.ALAGAPPAN

Non-Executive And Independent Director

Sitting Fee Paid

1.15

Dividend Paid

0.11

18

AVT NATURAL PRODUCTS LTD

P.SHANKAR

Non-Executive And Independent Director

Sitting Fee Paid

0.95

19

AVT NATURAL PRODUCTS LTD

A.D.BOPANA

Non-Executive And Independent Director

Sitting Fee Paid

0.95

Dividend Paid

2.71

18

AVT NATURAL PRODUCTS LTD

KAVITHA VIJAY

Non-Executive And Independent Woman Director

Sitting Fee Paid

0.8

19

AVT NATURAL PRODUCTS LTD

B.KRISHNA KUMAR

KMP/Sr.Vice President

Remuneration Paid

38.18

20

AVT NATURAL PRODUCTS LTD

A.RAMADAS

KMP/Sr.Vice President & CFO

Remuneration Paid

37.7

Dividend Paid

0.004

21

AVT NATURAL PRODUCTS LTD

SHARON JOSH

KMP/Company Secretary

Remuneration Paid

3.35

Notes:

  1. The details in this format are required to be provided for all transactions undertaken during the reporting period. However, opening and closing balances, including commitments, to be disclosed for existing related party transactions even if there is no new related party transaction during the reporting period. 2.Where a transaction is undertaken between members of the consolidated entity (between the listed entity and its subsidiary or between subsidiaries), it may be reported once.
  1. Listed banks shall not be required to provide the disclosures with respect to related party transactions involving loans, inter-corporate deposits, advances or investments made or given by the listed banks.
  2. For companies with financial year ending March 31, this information has to be provided for six months ended September 30 and six months ended March 31. Companies with financial years ending in other months, the six months period shall apply accordingly.

5.Each type of related party transaction (for e.g. sale of goods/services, purchase of goods/services or whether it involves a loan, inter-corporate deposit, advance or investment) with a single party shall be disclosed separately and there should be no clubbing or netting of transactions of same type. However, transactions with the same counterparty of the same type may be aggregated for the reporting period. For instance, sale transactions with the same party may be aggregated for the reporting period and purchase transactions may also be disclosed in a similar manner. There should be no netting off for sale and purchase transactions. Similarly, loans advanced to and received from the same counterparty should be disclosed separately, without any netting off.

6. In case of a multi-year related party transaction: a. The aggregate value of such related party transaction as approved by the audit committee shall be disclosed in the column "Value of the related party transaction as approved by the audit committee". b. The value of the related party transaction undertaken in the reporting period shall be reported in the column "Value of related party transaction during the reporting period". 7.Cost" refers to the cost of borrowed funds for the listed entity.

8.PAN will not be displayed on the website of the Stock Exchange(s).

9.Transactions such as acceptance of fixed deposits by banks/NBFCs, undertaken with related parties, at the terms uniformly applicable /offered to all shareholders/ public shall also be reported

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AVT Natural Products Limited published this content on 07 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 June 2022 06:31:03 UTC.