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Shaping the future of software driven business
Consolidated Financials •
251
Notes forming part of consolidated financial statements (Contd.)
Name of the related party and nature of relationship
For the year ended
March 31, 2019
March 31, 2018
Dividend paid
Relatives of key management personnel
Dr. Anand Deshpande
251.25
228.15
Mr. Mritunjay Singh
0.63
Mr. Sunil Sapre
0.05
0.01
Relatives of key management personnel
Mr. Suresh Deshpande
0.06
0.63
Mrs. Chitra Buzruk
5.25
4.70
Dr. Mukund Deshpande
4.12
4.00
Mrs. Sonali Anand Deshpande
1.23
1.12
Mrs. Sulabha Suresh Deshpande
6.23
5.66
Independent directors:
Mr. Pradeep Bhargava
0.15
0.14
Mr. Sanjay Bhattacharyya
0.15
0.15
Mr. Prakash Telang
0.20
0.18
Mr. Kiran Umrootkar
0.07
0.06
Total
268.76
245.43
Donation given
Entity over which a key management personnel has
significant influence
Persistent Foundation
70.51
66.61
Total
70.51
66.61
Rent paid
Key management personnel
Mr. Sunil Sapre
0.16
0.03
Relatives of Key Management Personnel
Dr. Asha Sapre
0.16
0.03
Total
0.32
0.06
Deposit given
Key management personnel
Mr. Sunil Sapre
-
0.16
Total
-
0.16
(iii) Outstanding balances
(In
`
Million)
Name of the related party and nature of relationship
As at
March 31, 2019
March 31, 2018
Advances given
Associate
Klisma e-Services Private Limited ##
0.81
0.81
Total
0.81
0.81
Trade receivables
Entity over which a key management personnel have
significant influence
Deazzle Services Private Limited
2.14
3.45
Total
2.14
3.45
Loan given
Associate
Klisma e-Services Private Limited ##
27.43
27.43
Total
27.43
27.43
Investments
Associates
Klisma e-Services Private Limited ##
0.05
0.05
Total
0.05
0.05