date: december 9, 2019 · mahendra g. patel managing director din: 00104706 ... downtown travels...

Date:December9,2019To,TheManager,ListingDepartment,NationalStockExchangeofIndiaLimited,ExchangePlaza,C‐1,Block‐G,Bandra‐KurlaComplex,Bandra(E),Mumbai‐400051.

To,TheDepartmentofCorporateService,BSELimited,1stFloor,NewTradingRing,RotundaBuilding,PhirozeJeejeebhoyTower,DalalStreet,Mumbai‐400001.

ScripCode–LINCOLN ScripCode– 531633DearSir,Sub.: DisclosureofRelatedPartyTransactionspursuanttoRegulation23(9)oftheSEBI(Listing

ObligationsandDisclosureRequirements)Regulations.201S.Pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015, we hereby enclose related party transactions, on consolidated basis, drawn in accordancewithapplicableIndianAccountingStandards,fortheHalfYearEndedSeptember30,2019.Kindlytakethesameonyourrecords.Thankingyou,Yoursfaithfully,FORLINCOLNPHARMACEUTICALSLIMITED_______________________________MAHENDRAG.PATELMANAGINGDIRECTORDIN:00104706

Encl:a/a

ConsolidateddisclosuresofRelatedPartyTransactionsfortheHalfYearEndedSeptember30,2019

ListofRelatedPartiesalongwithnatureofrelationshipwithwhomCompanyhasenteredtransactionsfortheHalfYearEndedSeptember30,2019areasunder,allthetransactionswithrelatedpartieswerecarriedoutinordinarycourseofbusinessandonarm’slengthbasis.1. SubsidiaryCompanies:

LincolnParenteralLimited SavebuxEnterprisesPrivateLimited[FormallyKnownasSavebuxFinance&InvestmentPrivateLimited] ZullincHealthcareLLP

2. NameoftheRelatedParty:

A. KeyManagementPersonnel[KMP]:I. Mr.MahendraG.Patel ‐ ManagingDirectorII. Mr.HashmukhI.Patel ‐ Whole‐TimeDirectorIII. Mr.MunjalM.Patel ‐ Whole‐TimeDirectorIV. Mr.AshishR.Patel ‐ Whole‐TimeDirectorV. Mr.BhavikP.Parikh ‐ CompanySecretaryVI. Mr.DarshitA.Shah ‐ CFO

B. Directors:I. Mr.KishorM.Shah ‐ Non‐ExecutiveandNon‐IndependentDirectorsII. Mr.RajnikantG.Patel ‐ Non‐ExecutiveandNon‐IndependentDirectorsIII. Mr.ArvindG.Patel ‐ Non‐ExecutiveandNon‐IndependentDirectorsIV. Mr.IshwarlalA.Patel ‐ Non‐ExecutiveandIndependentDirectorsV. Mr.PirabhaiR.Suthar ‐ Non‐ExecutiveandIndependentDirectorsVI. Ms.MehaM.Patel ‐ Non‐ExecutiveandIndependentDirectorsVII. Mr.SaurinJ.Parikh ‐ Non‐ExecutiveandIndependentDirectors

C. RelativesofKeyManagementPersonnel:I. Mr.AnandA.Patel ‐ RelativeofKMPII. Mrs.MansiA.Patel ‐ RelativeofKMPIII. Mrs.MansiM.Patel ‐ RelativeofKMPIV. Mrs.KailashbenM.Patel ‐ RelativeofKMPV. Mrs.KalpanabenR.Patel ‐ RelativeofKMP

D. EntityundersignificantinfluenceofKeyManagementPersonnel:I. DowntownTravelsLLPII. SunmedCorporationLLPIII. ShardabenGulabdasPatelPublicCharitableTrust

3. Thefollowingtransactionswerecarriedoutwiththerelatedparties:[Rs.InLakhs]

NameofRelatedParties NatureofRelationship Natureoftransaction

FortheHalfYearEndedSeptember

30,2019Mr.MahendraG.Patel KeyManagementPersonnel Remuneration 8.53MahendraG.PatelHUF KeyManagementPersonnel SalesCommission 23.60Mr.HashmukhI.Patel KeyManagementPersonnel Remuneration 10.92Mr.MunjalM.Patel KeyManagementPersonnel Remuneration 9.59MunjalM.PatelHUF KeyManagementPersonnel SalesCommission 23.60Mr.AshishR.Patel KeyManagementPersonnel Remuneration 15.50Mr.AshishR.PatelHUF KeyManagementPersonnel Sales Commission 15.69Mr.BhavikP.Parikh KeyManagementPersonnel Remuneration 1.27Mr.DarshitA.Shah KeyManagementPersonnel Remuneration 4.20

Mr.ArvindG.Patel Non‐ExecutiveandNon‐IndependentDirectors ConsultancyFees 4.20

Mr.AnandA.Patel RelativeofKMP Remuneration 4.91Mrs.MansiA.Patel RelativeofKMP Remuneration 4.80

Mrs.KailashbenM.Patel RelativeofKMP

Remuneration 4.20AdvancedReceived

Back 3.99

Rent 5.35Mrs.MansiM.Patel RelativeofKMP Remuneration 4.20Mrs.KailashbenR.Patel RelativeofKMP Remuneration 2.10Mrs. Dharmisthaben H.Patel RelativeofKMP Remuneration 3.60

DowntownTravelsLLP EntityundersignificantinfluenceofKMP TravellingExpense 2.01

ShreeCorporation EntityundersignificantinfluenceofKMP AdvancedReceivedBack

12.59

SunmedCorporationLLP EntityundersignificantinfluenceofKMP Remuneration 5.65Shardaben GulabdasPatel Public CharitableTrust

EntityundersignificantinfluenceofKMP CSRContribution 31.90

Transactionsandbalanceswithitssubsidiariesareeliminatedonconsolidation