Spacenet Enterprises India : Related Party Transaction

Date: 28-11-2022

To

The Manager, Listing Department

The National Stock Exchange of India Limited

Exchange plaza,

Plot No.C-1,Block-G,

Banda Kurla Complex

Bandra (East)

Mumbai- 400051.

Dear Sir/Madam,

Reg: Spacenet Enterprises India Limited ("The Company") Symbol: SPCENET

Subject: Intimation pursuant to Regulation 23 (9) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015:

Pursuant to Regulation 23 (9) of the SEBI (LODR)Regulations, 2015, Please find the enclosed disclosure on Related Party Transactions for the half year ended 30th September,2022 in the format as specified under SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/P/2021/662 dated November 22, 2021.

We request you to kindly take the same on record.

Thanking you,

Yours faithfully,

For Spacenet Enterprises India Limited

MEDAM CHOWDAREDDY

Digitally signed by MEDAM CHOWDAREDDY DN: c=IN, o=PERSONAL, title=8878, pseudonym=827be2130f68e3f6edc229ee4857c052, 2.5.4.20=210AB9BD600C21C5CAE8EBEB557CA26814645BF269B 41B0183A2304EE4FEEC2D, postalCode=500018, st=Telangana, serialNumber=8021ff50e2964dd01199ef8b93aa8acff6d3c86997 6c386d4e0c2e12bdd6f890, cn=MEDAM CHOWDAREDDY Date: 2022.11.28 07:15:28 +05'30'

M.Chowda Reddy

Company Secretary & Compliance Officer

Encl: As above

• SPACENET ENTERPRISES INDIA LIMITED:: (CIN: L72200TG2010PLC068624)

Regd. Off. Address: Plot No.114, Survey No.66/2, Street No.03, Raidurgam, Prasanth Hills, Gachibowli,

Nav Khalsa , Serilingampally , Ranga Reddy, Hyderabad‐500008, Telangana, India. Tel: [phone],

Email: [e-mail], [e-mail], http://spacenetent.com/

SPACENET ENTERPRISES INDIA LIMITED

Disclosure Of Related Party Transactions for The Half Year Ended September 30, 2022 In accordance with Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

(Rs.in Lakh)

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 bythe listed

entity/subsidiary. These details need to be disclosed only once, during the reporting period when such

transaction was undertaken.

Details of theparty (listed

entity

In case monies aredue

In case any financial indebtednessis

/subsidiary) entering into

Details of the counterparty

to either party as a

incurred to make or give loans, inter-

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

the transaction

Value of the

result of the

corporate deposits, advancesor

investments

Type of

Value of

transaction

investments

related party

related party

transaction as

transaction

S. No

transaction

approvedby

during the

the audit

reporting

Purpose

committee

period

for which

Relationship of the

Nature of

Cost

Nature

the funds

counterparty with

indebtednes

(loan/

Interest

will be

Name

Name

the listedentity or

Opening

Closing

s(loan/

Tenure

advance/

Tenure

Secured/

utilised by

its subsidiary

balance

balance

issuance of

inter-

Rate

unsecured

the

As on

As on

debt/ any

corporate

(%)

ultimate

01/04/2022

30/09/2022

other etc.)

deposit/

recipient

investment

of funds

(end-

usage)

1

Spacenet Enterprises India

Kling Trading India Private

common promoters

Loan

Refer Note 1

5

38.20

33.20

Loan

-

-

-

-

-

-

-

Limited

Limited

2

Spacenet Enterprises India

Mr. Venkata Srinivas

Promoter

Services

Refer Note 1

7.5

13.58

6.08

Loan

-

-

-

-

-

-

-

Limited

Meenavalli

3

Spacenet Enterprises India

Mr. Venkata Srinivas

Promoter

Advisory

Refer Note 1

15.4

1.49

2.68

-

-

-

-

-

-

-

-

Limited

Meenavalli

Service

4

Spacenet Enterprises India

Mrs. Usha Rani Meenavalli

Promoter

Advisory

Refer Note 1

8.25

1.49

1.59

-

-

-

-

-

-

-

-

Limited

Service

5

Spacenet Enterprises India

Mrs. Usha Rani Meenavalli

Promoter

Rent

Refer Note 1

2.2

0

0

-

-

-

-

-

-

-

-

Limited

6

Spacenet Enterprises India

Thalassa Enterprises Private

Subsidiary Company

Payment

Refer Note 1

1105.07

879.77

0

-

-

-

-

-

-

-

-

Limited

Limited

against trade

payables

7

Spacenet Enterprises India

Thalassa Enterprises Private

Subsidiary Company

Advance

Refer Note 1

375

0

0

-

-

-

Advance

-

-

unsecured

working

Limited

Limited

capital

8

Spacenet Enterprises India

Thalassa Enterprises Private

Subsidiary Company

Advance

Refer Note 1

95.43

0

0

-

-

-

-

-

-

-

-

Limited

Limited

MEDAM CHOWDAREDDY

Digitally signed by MEDAM CHOWDAREDDY DN: c=IN, o=PERSONAL, title=8878, pseudonym=827be2130f68e3f6edc229ee4857c052, 2.5.4.20=210AB9BD600C21C5CAE8EBEB557CA26814645BF269B41B0183A2 304EE4FEEC2D, postalCode=500018, st=Telangana, serialNumber=8021ff50e2964dd01199ef8b93aa8acff6d3c869976c386d4e0 c2e12bdd6f890, cn=MEDAM CHOWDAREDDY

Date: 2022.11.28 07:16:16 +05'30'

											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 bythe listed
											entity/subsidiary. These details need to be disclosed only once, during the reporting period when such
											transaction was undertaken.
		Details of theparty
		(listed entity						In case monies aredue		In case any financial indebtednessis
		/subsidiary) entering into	Details of the counterparty				to either party as a		incurred to make or give loans, inter-	Details of the loans, inter-corporate deposits, advances or
		the transaction		Value of the		result of the transaction		corporate deposits, advancesor			investments
					Type of	Value of	(see Note 1)		investments
					related party
					related party	transaction as	transaction
	S. No				transaction	approvedby	during the
					(see Note 5)	the audit	reporting												Purpose
						committee	period												for which
				Relationship of the		(see Note 6a)	(see Note				Nature of		Cost		Nature				the funds
				counterparty with			6b)				indebtedn			(loan/	Interest			will be
		Name	Name	the listedentity or				Opening	Closing		ess(loan/			Tenure	advance/	Tenure	Secured/	utilised by
		its subsidiary				balance	balance		issuance			inter-	Rate	unsecured	the
								As on	As on		of debt/				corporate	(%)			ultimate
								01/04/2022	30/09/2022		any other				deposit/				recipient
											etc.)				investment				of funds
																			(end-
																			usage)
9	Spacenet Enterprises India	Thalassa Enterprises Private	Subsidiary Company	Purchase of	Refer Note 1	225.3	0	0	-		-		-	-	-	-	-	-
		Limited	Limited		goods or
					services
	10	Spacenet Enterprises India	Thalassa Enterprises Private	Subsidiary Company	Investment	Refer Note 1	0	756	756	-		-		-	-	-	-	-	-
		Limited	Limited
	11	Spacenet Enterprises India	Barret Commodity Traders	Common Directors	Trade	Refer Note 1	0	1252.82	54.16	-		-		-	-	-	-	-	-
		Limited	Private Limited		Receivables
	12	Spacenet Enterprises India	Barret Commodity Traders	Common Directors	Amount	Refer Note 1	1426.95	0	0	-		-		-	-	-	-	-	-
		Limited	Private Limited		received
					against trade
					receivables
	13	Spacenet Enterprises India	Barret Commodity Traders	Common Directors	Advance	Refer Note 1	15	15	0	-		-		-	Advance	-	-	unsecured	working
		Limited	Private Limited																capital
	14	Spacenet Enterprises India	Barret Commodity Traders	Common Directors	Sale of goods	Refer Note 1	228.3	0	0	-		-		-	-	-	-	-	-
		Limited	Private Limited		or services
15	Spacenet Enterprises India	Mr. D.V.S.Prakash Rao	Executive Director	Remmuneratio	Refer Note 1	3.83	0.62	0.62	-		-		-	-	-	-	-	-
		Limited			n & allowances
	16	Spacenet Enterprises India	Mr. T.Suresh	Executive Director	Remmuneratio	Refer Note 1	4.5	0.73	0.72	-		-		-	-	-	-	-	-
		Limited			n & allowances
	17	Spacenet Enterprises India	Mr. Satya Srikanth Karaturi	Whole-Time Director	Remmuneratio	Refer Note 1	3.81	0.62	0.43	-		-		-	-	-	-	-	-
		Limited			n & allowances
	18	Spacenet Enterprises India	Mr. Medam Chowda Reddy	Company	Remmuneratio	Refer Note 1	3.81	0.62	0.43	-		-		-	-	-	-	-	-
		Limited		Secretary(KMP)	n & allowances
	Total						3525.35	2945.94	855.91
Note 1: As Approved by the Audit Committee, Board of Directors and Shareholders of the company as applicable
Note: 2: The PAN Details are not to be included in the disclosure as per guidance note issued by the SEBI/NSE.

MEDAM CHOWDAREDDY

Digitally signed by MEDAM CHOWDAREDDY DN: c=IN, o=PERSONAL, title=8878, pseudonym=827be2130f68e3f6edc229ee4857c052, 2.5.4.20=210AB9BD600C21C5CAE8EBEB557CA26814645BF269B 41B0183A2304EE4FEEC2D, postalCode=500018, st=Telangana, serialNumber=8021ff50e2964dd01199ef8b93aa8acff6d3c86997 6c386d4e0c2e12bdd6f890, cn=MEDAM CHOWDAREDDY Date: 2022.11.28 07:16:45 +05'30'