AGS Transact Technologies Limited
Annexure VI: Notes to the Revised Restated Consolidated Financial Information

Note 49
Related party transactions (continued)

 

“Transactions Tor the ‘Amount receivable (payable)
Particulars vear/period ended ‘Asat
Bi August 2001 [Si March 2021 [31 March2020 [31 March2019 | SiAugus20ei [ 3iMarchoui [ 31 March2020 [31 March 2019

 

 

 

Professional fees
Me. Kran Goyal 2.00 420 490 480 79] az (03) (0.86)

Loan taken/repaid)
Mr. £1 Khoury Ricardos 3 2767 - 2.2) easn) 69.06) 6716)

tavestments
P-Nova Digital Perkasa 2 - 32.40 : z a
AGS Communi Foundation 2 2 0.08 3 . ‘
VinehaEmenpises Private Limited 6500.00 : : : : :

Director’ sitting fees

 

Me. Sudip Bandyopadyay 170 Lis 2s. 1.00 out (038) .
Me. Vijay Chugh 160 13 170 on ou (013) :
Me Jagdish Capoor S on : a
Me. Sivanandhan : : 070 035, : :
Me. Rahul N. Bhagat 165 Lis 93 03s os (033) 3
Me. Subrata Kumar Mita 035 : 2 f

Commission to directors

Me. Sudip Bandyopadhyay 2 350 350 2.00 = 50 G50) 5
Mr. Vijay Chugh - 350 350 2.00 X= G50] G50) :
Me Jagdish Capoor - - 2.00 : - :
Me. Sivanandhan i é 350 2.0 = 250) E
Me. Rabul N Bhagat 2 350 350 2.00 - 50 G50) :
Me. Bara Sa : : 2.00 : : :

Me. Subrta Kumar Mixa 2 2 : : i Z

 

 

 

 

 

 

 

 

 

 

* Amou lessthan Re 0.07 Talon

(€ /The following are the details ofthe transactions eliminated as per Ind AS 24 read with SEBI ICDR Regulations forthe five months period ended 31 August 2021 and years ended 31 March 2021 ,31 March 2020 and 31 March 2019:
(2s. in milion)

 

 

 

 

“Transaction forthe "Amount receivable (payable)
Particulars ‘eariperiod ended ‘Asat

AGS Transact Technologies Limited ‘31 August 2021 [31 March 2021 | 31Mareh 2020 | 31 Maren2019 | 31 August 2021 | 31Mareh 2021 [31 Maren2020 [31 March 2019
Sales of goods, sofware license and sevice

Securevaue India Limited a9 970 27.06 ua.28 mast 66.16 35.28 a7
nda Transact Services Limited 1093 wg ae nas 262 7355 4579 1886
Novustech Transact Lanka (Private) Limited z 807 016 256 : 2
Novus Technologies (Cambodia) Company Limited : = 37 09 S Z
Novus Technologies Pe. Lid, 1050 : : wos0 : :
Purchase of goods and services

Securevalue India Limited aoe 2012.04 192328 170273 (125139) 79) 62520) 747.00)
nda Tranect Services Limited 26118 2260 20688 1455 (14776) 6739) (9.73) 135,
Reimbursements of expenses

Securevalue India Limited 1758 753 2060 nas : - -
nda Transact Services Limited ‘410 666 210 178 i tra
Interest income

India Transact Services Limited 0.42 897 2.00 150 2 2 2
interest paid

India Transact services Limited : - 020 : - -
avestments

Global Transact Services Pe. Lid 2 - sast 2 “ = g
inca Traneaet Services Lited™ 008 026 0085 lay 2 s z
Securevalue India Limited 049 074 1.09 7a0.a1 " ‘ "
Loan given

nda Transact Services Limited oan ase 00.00 sa05, = 25.05 a
Loan taken

India Transact Services Limited : - na75 : - -
Loan repaid

nda Transact Services Limited 3 11875 & -
Repayment of Loan given

nda Transact Services Limted*™* soe - 00.00 200.7 z a
Secirevalue India Limited : : SLA? : : :
Employee Stock Option scheme expense

nc Transact Services Limited 049 1.88 a 4a1 “ : 4a1
Secirevalue India Limited 24 80 ‘408 22 Z 2
Novustech Transact Lanka (Pivate) Limited 028 027 0.46 z ost 027 0.6 5
Novus Technologies Pe Lid on 039 2.0 16 166 029 200 as

 

 

 

 

 

 

 

 

 

 

Note:
|The above remuneration excludes gray, leave encashment and ther beefs for which separate actuarial valuation snot available

2. Refer note with respect to IPO expenses

53. The appointment is effective post 31 March 2021 and hence wansactons during the previous year balances as athe yearend have not been disclosed above.

4 Refer note 15 (9,

5, Personal guarantee for NCDs by Mr. Ravi Goyal refer note 17 (2) and (3)

6. Terms and condton of wansation wih related parties-all the sansctons with elated partis are atthe arms length price and all he oustanding balances are unsecured

7, Guarantees outstanding a on 31 August 2021 aggregating to Rs142, 81 milion (31 March 2021: Rs, 166.45 milion, 31 March 2020: Rs.212.09 milion and 31 March 2019: Rs5@1.12 milion) is given by the Company on behalf of subsidiaries for
acquiring propery, plant and equipment and meting the working capital requirements. While tbe Company his not charged any commission in relation to such guarantees, the amount represents accounting adjustments recognised in accordance with
requirements of Ind AS 109 "Financial Instrument

8 During he period ended 31 August 2021, the Company ha ceived Goverment cashless incetve amounting to Rs, 348.15 mili (31 March 2021: Rs, 552.64 milion, 31 March 2020; Rs.382:39 milion and 31 March 2019: Rs, 189.78 milion)
subsequenly the se has been passed to one of is subsidary India Transact Services Limited as pr the contract.

299
