General information about company

Name of The CompanyPanacea Biotec Limited
BSE Scrip Code531349
NSE SymbolPANACEABIO
MSE Symbol
Date of Start of Financial Year01-04-2021
Date of End of Financial Year31-03-2022
Reporting PeriodFirst half yearly
Date of Start of Reporting Period01-04-2021
Date of End of Reporting Period30-09-2021
Level of rounding used in financial resultsMillions
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?Yes



Related party transactions

A. Details of related party

Sr1234567891011121314151617181920
Name of the related partyMr. Soshil Kumar JainDr. Rajesh JainMr. Sandeep JainMr. Ankesh JainMr. Vinod GoelMr. Devender GuptaMr. Ashwani JainMr. Harshet JainMr. R. L. NarasimhanMr. N. N. KhamitkarMr. K. M. LalMrs. Manjula UpadhyayMr. Mukul GuptaMr. Ashwini LuthraMr. Bhupinder SinghRadhika Heights LimitedRavinder Heights LimitedNeophar Alipro LimitedSunanda JainTrinidhi Finance Private Limited
Categories of related partiesPromotersPromotersPromotersPromoters GroupKey management personnel of entity or parentKey management personnel of entity or parentOther related partyPromoters GroupOther related partyOther related partyOther related partyOther related partyOther related partyOther related partyOther related partyOther related partyOther related partyOther related partyPromoters GroupOther related party
description of relationshipChairman and Whole-time DirectorManaging DirectorJoint Managing DirectorWhole-time DirectorGroup CFO and Head Legal & Company SecretaryChief Financial Officer & Head Information TechnologySon in Law of Mr. Soshil Kumar JainSon of Dr. Rajesh Jain and Brother of Mr. Ankesh JainNon - Executive Independent DirectorNon - Executive Independent DirectorNon - Executive Independent DirectorNon - Executive Independent DirectorNon - Executive Independent DirectorNon - Executive Independent DirectorNon - Executive Independent DirectorEnterprises over which Person(s) (having control or significant influence over the Company / Key Management Personnel(s), along with their relatives) are able to exercise significant influenceEnterprises over which Person(s) (having control or significant influence over the Company / Key Management Personnel(s), along with their relatives) are able to exercise significant influenceEnterprises over which Person(s) (having control or significant influence over the Company / Key Management Personnel(s), along with their relatives) are able to exercise significant influenceDaughter in law of Mr. Soshil Kumar JainEnterprises over which Person(s) (having control or significant influence over the Company / Key Management Personnel(s), along with their relatives) are able to exercise significant influence
PAN of related partyAAGPJ1258HAAGPJ1259GADJPJ6765HAHFPJ0287QAHBPG9784HAEOPG9556PADHPJ9248HAHFPJ0403JAABPN9028QAAAPK8195LAAZPL2494CAAIPU0880GACGPG4953LABBPL4782AAAMPS7576HAACCB1357LAAJCR5436RAABCN3612PAAIPJ5281EAABCT6562C
CIN of related partyU74899PB1995PLC045879L70109PB2019PLC049331U24239DL1986PLC023296U74899DL1995PTC068391

B. Details of related party transactions

Purchase of goods and services
Sale of goods and services
Purchase of fixed assets
Sale of fixed assets
Rendering of services
Receiving of services1.38
Leases 3.50.010.09
Loans and advances given
Loans and advances taken
Loans and advances given that are repaid
Loans and advances taken that are repaid
Deposits placed
Deposits taken
Transfer of research & development
Transfers under lease agreement
Equity investment
Impairment in equity investment
Expense for bad or doubtful debts
Guarantees or collateral given
Guarantees or collateral taken
Interest income
Interest paid6.728.9310.411.03
Dividend income
Dividend paid
Management contracts including for deputation of employees
Settlement of liabilities by entity on behalf of related party

Remuneration

Short term employee benefits5.63.713.481.313.392.791.550.390.140.130.140.10.10.050.1
Post employment benefits
Other long-term benefits
Termination benefits
Share based payments
Others0.66

C. Outstanding balances

Receivables

Secured
Un Secured1.050.760.1

Payables

Secured
Un Secured12.640.21

Loans and advances given

Secured
Un Secured

Loans and advances taken

Secured
Un Secured153.39201.95245.0321.57

Deposits placed

Secured
Un Secured

Deposits taken

Secured
Un Secured

Guarantees or collateral given

Secured
Un Secured

Guarantees or collateral taken

Secured
Un Secured

Investment in equity

Secured
Un Secured

Provision for doubtful debt

Secured
Un Secured

Note

1. The column 'short term employee benefits' contains remuneration of Rs.5.60 million
 
2. The column 'Loans and Advances taken under Unsecured Loan' includes borrowings of Rs.125.21 million and Interest on borrowings of Rs.28.18 million
 
1. The figure under the column 'short term employee benefits' contains Remuneration of Rs.3.71 million
 
2. The figure under the column 'Loans and Advances taken under Unsecured Loan' includes borrowings of Rs.172.02 million and Interest on borrowings of Rs.29.93 million
The figure under the column 'short term employee benefits' contains Remuneration of Rs.3.48 million
The figure under the column 'short term employee benefits' contains Remuneration of Rs.1.31 million
The figure under the column 'short term employee benefits' contains Remuneration of Rs.3.39 million.
The figure under the column 'short term employee benefits' contains Remuneration of Rs.2.79 million.
The figure under the column 'short term employee benefits' contains Remuneration of Rs.1.55 million.
The figure under the column 'short term employee benefits' contains Remuneration of Rs.0.39 million
The figure under the column 'short term employee benefits' contains Payment of Sitting Fees of Rs.0.14 million
The figure under the column 'short term employee benefits' contains Payment of Sitting Fees of Rs.0.13 million
The figure under the column 'short term employee benefits' contains Payment of Sitting Fees of Rs.0.14 million
The figure under the column 'short term employee benefits' contains Payment of Sitting Fees of Rs.0.10 million
The figure under the column 'short term employee benefits' contains Payment of Sitting Fees of Rs.0.10 million
The figure under the column 'short term employee benefits' contains Payment of Sitting Fees of Rs.0.05 million
The figure under the column 'short term employee benefits' contains Payment of Sitting Fees of Rs.0.10 million
The figure under the column 'Leases' includes
(a) Rental income of Rs.0.04 million
(b) Payment of rental & other expenses of Rs.3.46 million
The figure under the column 'Leases' includes receipt of rental income of Rs.0.01 million
 
The figure under the column 'Others' includes recovery of expenses of Rs.0.66 million
The figure under the column 'Leases' contains receipt of rental income of Rs.0.09 million
The figure under the column ' Receiving of services' contains consultancy expenses of Rs.1.38 million