General information about company

Name of The CompanyPanacea Biotec Limited
BSE Scrip Code531349
NSE SymbolPANACEABIO
MSE SymbolNOTLISTED
Date of Start of Financial Year01-04-2024
Date of End of Financial Year31-03-2025
Reporting PeriodFirst half yearly
Date of Start of Reporting Period01-04-2024
Date of End of Reporting Period30-09-2024
Level of rounding to be used in disclosing related party transactionsMillions
Whether the company has any related party?Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?Yes



(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/publicNA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of bank’s staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.NA
(III) Whether the company is a ‘high value debt listed entity’ according to regulation 15 (1A)?No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?Yes
Latest Date on which RPT policy is updated18-05-2022
Indicate Company website link for updated RPT policy of the Companyhttps://www.panaceabiotec.com/en/section/information-repository/policy






Related party transactions

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.
Sr No.Details of the party (listed entity /subsidiary) entering into the transactionDetails of the counterpartyType of related party transactionDetails of other related party transactionValue of the related party transaction as approved by the audit committeeRemarks on approval by audit committeeValue of transaction during the reporting periodIn case monies are due to either party as a result of the transactionIn case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investmentsDetails of the loans, inter-corporate deposits, advances or investmentsNotes
NamePANNamePANRelationship of the counterparty with the listed entity or its subsidiaryOpening balanceClosing balanceNature of indebtedness (loan/ issuance of debt/ any other etc.)Details of other indebtednessCostTenureNature (loan/ advance/ intercorporate deposit/ investment )Interest Rate (%)TenureSecured/ unsecuredPurpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1Panacea Biotec LimitedAAACP5335JAdveta Power Private LimitedAAJCA6454GJoint VentureAny other transactionRental Income0.09As approved by Board0.050.550.61Textual Information(1)
2Panacea Biotec LimitedAAACP5335JAdveta Power Private LimitedAAJCA6454GJoint VentureInvestmentAs approved by Board00.90.9Textual Information(2)
3Panacea Biotec Pharma LimitedAAKCP4431BAdveta Power Private LimitedAAJCA6454GEnterprises 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 influenceAny other transactionInterest accrued on loan givenAs approved by Board0.020.040.02Textual Information(3)
4Panacea Biotec Pharma LimitedAAKCP4431BAdveta Power Private LimitedAAJCA6454GEnterprises 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 influenceLoan0.5As approved by Board0.050.50.55Textual Information(4)
5Panacea Biotec Pharma LimitedAAKCP4431BPanacea Biotec Germany GmbhZZZZZ9999ZEnterprises 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 influenceSale of goods or servicesAs approved by Board5.6100Textual Information(5)
6Panacea Biotec LimitedAAACP5335JDr. Rajesh JainAAGPJ1259GChairman and Managing DirectorInterest paidAs approved by Board6.7700Textual Information(6)
7Panacea Biotec LimitedAAACP5335JDr. Rajesh JainAAGPJ1259GChairman and Managing DirectorLoan500As approved by Board0150150Textual Information(7)
8Panacea Biotec LimitedAAACP5335JDr. Rajesh JainAAGPJ1259GChairman and Managing DirectorRemunerationAs approved by Nomination and Remuneration Committee, Board and Shareholders4.5100Textual Information(8)
9Panacea Biotec LimitedAAACP5335JMeyten Realtech Private LimitedAAMCM6020BWholly owned subsidiaryAny other transactionRent income0.02As approved by Board0.0100Textual Information(9)
10Panacea Biotec LimitedAAACP5335JMeyten Realtech Private LimitedAAMCM6020BWholly owned subsidiaryAny other transactionRent paid4.99As approved by Board2.723.362.19Textual Information(10)
11Panacea Biotec LimitedAAACP5335JMeyten Realtech Private LimitedAAMCM6020BWholly owned subsidiaryInvestmentAs approved by Board00.10.1Textual Information(11)
12Panacea Biotec LimitedAAACP5335JRees Investment LimitedZZZZZ9999ZWholly owned subsidiary (Liquidated on May 23, 2019)LoanAs approved by Board0585.16585.16Textual Information(12)
13Panacea Biotec LimitedAAACP5335JRees Investment LimitedZZZZZ9999ZWholly owned subsidiary (Liquidated on May 23, 2019)Any other transactionProvision made on loan givenAs approved by Board0585.16585.16Textual Information(13)
14Panacea Biotec LimitedAAACP5335JMr. Ankesh JainAHFPJ0287QWhole-time DirectorRemunerationAs approved by Nomination and Remuneration Committee, Board and Shareholders7.8500Textual Information(14)
15Panacea Biotec LimitedAAACP5335JMr. Ashwani JainADHPJ9248HChief Operating OfficerRemunerationAs approved by Board1.4800Textual Information(15)
16Panacea Biotec LimitedAAACP5335JMr. Devender GuptaAEOPG9556PCFO and Head Information TechnologyRemunerationAs approved by Nomination and Remuneration Committee and Board3.2100Textual Information(16)
17Panacea Biotec LimitedAAACP5335JMr. Harshet JainAHFPJ0403JMember of Promoter GroupRemunerationAs approved by Board1.400Textual Information(17)
18Panacea Biotec LimitedAAACP5335JMr. Mukul GuptaACGPG4953LIndependent DirectorRemunerationAs approved by Board0.2100Textual Information(18)
19Panacea Biotec LimitedAAACP5335JMr. Narotam Kumar JunejaACJPJ2883PNon-Executive Non-Independent DirectorRemunerationAs approved by Board0.0900Textual Information(19)
20Panacea Biotec Pharma LimitedAAKCP4431BMr. Narotam Kumar JunejaACJPJ2883PWhole-time DirectorRemunerationAs approved by Board and shareholders0.800Textual Information(20)
21Panacea Biotec Pharma LimitedAAKCP4431BMrs. Manjula UpadhyayAAIPU0880GIndependent DirectorRemunerationAs approved by Board0.1600Textual Information(21)
22Panacea Biotec Pharma LimitedAAKCP4431BMr. Taric Jain AHFPJ0404RSr. Software EngineerRemunerationAs approved by Board0.800Textual Information(22)
23Panacea Biotec Pharma LimitedAAKCP4431BMr. Ankesh Jain AHFPJ0287QWhole-time DirectorRemunerationAs approved by Board and shareholders1.6100Textual Information(23)
24Panacea Biotec LimitedAAACP5335JMrs. Ambika sharmaAIDPS0587KIndependent DirectorRemunerationAs approved by Board0.1800Textual Information(24)
25Panacea Biotec LimitedAAACP5335JMrs. Manjula UpadhyayAAIPU0880GIndependent DirectorRemunerationAs approved by Board0.2200Textual Information(25)
26Panacea Biotec LimitedAAACP5335JMr. Ankesh JainAHFPJ0287QWhole-time DirectorRemunerationAs approved by Board0.0600Textual Information(26)
27Panacea Biotec LimitedAAACP5335JMr. Sandeep JainADJPJ6765HJoint Managing DirectorRemunerationAs approved by Nomination and Remuneration Committee, Board and Shareholders4.1800Textual Information(27)
28Panacea Biotec LimitedAAACP5335JMr. Tanish JainAHFPJ0406PAssistant ManagerRemunerationAs approved by Board0.600Textual Information(28)
29Panacea Biotec LimitedAAACP5335JMr. Vinod GoelAHBPG9784HGroup CFO and Head Legal & CSRemunerationAs approved by Nomination and Remuneration Committee and Board4.4900Textual Information(29)
30Panacea Biotec LimitedAAACP5335JMR Lex Corp LLPABIFM5765BEnterprises 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 influencePurchase of goods or servicesAs approved by Board0.640.850.39Textual Information(30)
31Panacea Biotec LimitedAAACP5335JNeophar Alipro LimitedAABCN3612PEnterprises 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 influenceAny other transactionRental Income0.16As approved by Board0.0900Textual Information(31)
32Panacea Biotec LimitedAAACP5335JPanacea Biotec (International) S.A., SwitzerlandZZZZZ9999ZWholly owned subsidiaryAny other transactionAllowance of doubtful loanAs approved by Board096.79123.48Textual Information(32)
33Panacea Biotec LimitedAAACP5335JPanacea Biotec (International) S.A., SwitzerlandZZZZZ9999ZWholly owned subsidiaryLoanAs approved by Board096.79123.48Textual Information(33)
34Panacea Biotec LimitedAAACP5335JPanacea Biotec (International) S.A., SwitzerlandZZZZZ9999ZWholly owned subsidiaryInvestmentAs approved by Board034.3634.36Textual Information(34)
35Panacea Biotec LimitedAAACP5335JPanacea Biotec (International) S.A., SwitzerlandZZZZZ9999ZWholly owned subsidiaryAny other transactionProvision for impairment of investmentAs approved by Board034.3634.36Textual Information(35)
36Panacea Biotec LimitedAAACP5335JPanacea Biotec (International) S.A., SwitzerlandZZZZZ9999ZWholly owned subsidiaryInterest receivedAs approved by Board7.6926.77.69Textual Information(36)
37Panacea Biotec LimitedAAACP5335JPanacea Biotec (International) S.A., SwitzerlandZZZZZ9999ZWholly owned subsidiaryAny other transactionProvision for impairment of interest incomeAs approved by Board7.6926.77.69Textual Information(37)
38Panacea Biotec LimitedAAACP5335JPanacea Biotec Germany GmbhZZZZZ9999ZFellow subsidiaryAny other transactionAllowance of doubtful loanAs approved by Board0319.42407.67Textual Information(38)
39Panacea Biotec LimitedAAACP5335JPanacea Biotec Germany GmbhZZZZZ9999ZFellow subsidiaryLoanAs approved by Board0319.42407.67Textual Information(39)
40Panacea Biotec LimitedAAACP5335JPanacea Biotec Germany GmbhZZZZZ9999ZFellow subsidiaryInterest receivedAs approved by Board25.3988.2525.39Textual Information(40)
41Panacea Biotec LimitedAAACP5335JPanacea Biotec Germany GmbhZZZZZ9999ZFellow subsidiaryAny other transactionProvision for impairment of interest incomeAs approved by Board25.3988.2525.39Textual Information(41)
42Panacea Biotec LimitedAAACP5335JPanacea Biotec Pharma LimitedAAKCP4431BWholly owned subsidiaryAny other transactionTrade payableAs approved by Board5.17147.72142.55Textual Information(42)
43Panacea Biotec LimitedAAACP5335JPanacea Biotec Germany GmbhZZZZZ9999ZFellow subsidiaryAny other transactionTrade receivableAs approved by Board0.041.121.17Textual Information(43)
44Panacea Biotec LimitedAAACP5335JPanacea Biotec Germany GmbhZZZZZ9999ZFellow subsidiaryAny other transactionTrade payableAs approved by Board0.7621.2221.98Textual Information(44)
45Panacea Biotec LimitedAAACP5335JPanacea Biotec Pharma LimitedAAKCP4431BWholly owned subsidiarySale of goods or servicesAs approved by Board0.300Textual Information(45)
46Panacea Biotec LimitedAAACP5335JPanacea Biotec Pharma LimitedAAKCP4431BWholly owned subsidiaryAny other transactionRent receivedAs approved by Board13.7100Textual Information(46)
47Panacea Biotec LimitedAAACP5335JPanacea Biotec Pharma LimitedAAKCP4431BWholly owned subsidiaryAny other transactionInterest expense and accruedAs approved by Board53.689648.31Textual Information(47)
48Panacea Biotec LimitedAAACP5335JPanacea Biotec Pharma LimitedAAKCP4431BWholly owned subsidiaryPurchase of goods or servicesAs approved by Board0.100Textual Information(48)
49Panacea Biotec LimitedAAACP5335JPanacea Biotec Pharma LimitedAAKCP4431BWholly owned subsidiaryAny other transactionTransfer of accrued retirement benefits upon transfer of employeesAs approved by Board013.280Textual Information(49)
50Panacea Biotec LimitedAAACP5335JPanacea Biotec Pharma LimitedAAKCP4431BWholly owned subsidiaryAny other transactionReimbursement of expensesAs approved by Board11.7800Textual Information(50)
51Panacea Biotec LimitedAAACP5335JPanacea Biotec Pharma LimitedAAKCP4431BWholly owned subsidiaryAny other transactionRecovery of expensesAs approved by Board11.5200Textual Information(51)
52Panacea Biotec LimitedAAACP5335JPanacea Biotec Pharma LimitedAAKCP4431BWholly owned subsidiaryInvestmentAs approved by Board011Textual Information(52)
53Panacea Biotec LimitedAAACP5335JPanEra Biotec Private LimitedAACCP3032CAssociateAny other transactionRental Income0.15As approved by Board0.080.220.32Textual Information(53)
54Panacea Biotec LimitedAAACP5335JPanEra Biotec Private LimitedAACCP3032CAssociateInvestmentAs approved by Board04.24.2Textual Information(54)
55Panacea Biotec LimitedAAACP5335JPanEra Biotec Private LimitedAACCP3032CAssociateAny other transactionProvision for impairment of investmentAs approved by Board04.24.2Textual Information(55)
56Panacea Biotec Pharma LimitedAAKCP4431BPanEra Biotec Private LimitedAACCP3032CEnterprises 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 influenceAny other transactionInterest income and interest accruedAs approved by Board3.176.262.85Textual Information(56)
57Panacea Biotec Pharma LimitedAAKCP4431BPanEra Biotec Private LimitedAACCP3032CEnterprises 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 influenceAny other transactionProvision made on interest earned / accruedAs approved by Board3.176.262.85Textual Information(57)
58Panacea Biotec LimitedAAACP5335JPanacea Biotec Pharma LimitedAAKCP4431BWholly owned subsidiaryLoan1800As approved by Board346.51038.731385.23Textual Information(58)
59Panacea Biotec Pharma LimitedAAKCP4431BPanEra Biotec Private LimitedAACCP3032CEnterprises 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 influenceLoan95As approved by Board063.970.16Textual Information(59)
60Panacea Biotec Pharma LimitedAAKCP4431BPanEra Biotec Private LimitedAACCP3032CEnterprises 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 influenceAny other transactionProvision made on loan givenAs approved by Board063.970.16Textual Information(60)
Total value of transaction during the reporting period563.95