Group A Unit of Kothari Group Imagine Inspire Deliver

©@ Kothari Albert David Limited Manufacturers of Allopathic & Herbal Formulations, I.V. infusions & Medical Disposables

Ref.: CV/AID/AS/RPT-HY2-2019-20 July 10, 2020

The. General Manager The Manager

Department of Corporate Services Listing Department

BSE Limited National Stock Exchange of India Ltd.

P. J. Towers, Exchange Plaza, Plot No. C-1, G Block,

Dalal Street, Bandra Kurla Complex, Bandra (East),

Mumbai — 400001. Mumbai — 400051.

Scrip Code: 524075 Symbol: ALBERTDAVD

Dear Sir,

Sub: Disclosure of related party transactions for the half year ended on March 31, 2020

In terms of Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements),

Regulations, 2015, as amended, we enclose herewith the statement of related party transactions for the half year ended on March 31, 2020.

Please take the same on record.

Thanking you,

Yours faithfully,

For Albert David Limited

yon

oR o Chirag A. Vora

Company Secretary & Compliance Officer

Place: Mumbai

Encl.: a/a.

LBERT Regd. Office : Block -D, 3rd Floor, Gillander House, 8, Netaji Subhas Road, Kolkata - 700 001, India

Phone : +91-33-2230-2330, 2262-8436 / 8456 / 8492 Fax : + 91-33-2262 8439

DNNID Email : adidavid@dataone.in, Website : www.albertdavidindia.com, CIN : L51109WB1938PLC009490

Factories : Kolkata, Ghaziabad, Mandideep @ Sales Depot : Bhopal, Chennai, Delhi, Guwahati, Kolkata, Lucknow, Mumbai, Patna, Vijaywada

ALBERT DAVID LIMITED CIN : L51109WB1938PLC009490 RELATED PARTY DISCLOSURE FOR THE HALF YEAR ENDED ON MARCH 31, 2020 IN COMPLIANCE WITH REGULATION 23(9) OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

1) Related parties with whom transactions have taken place during the half year ended on March 31, 2020

Category | Nature Name Designation

!) —— | Mr. Arun Kumar Kothari Executive Chairman

Mrs. Prabhawati Devi Kothari | Non-Executive Promoter Director

Mr. Tarminder Singh Parmar | Managing Director & CEO

| Mr. Rajiv Singhi Independent Director

Mr. Hemal Kampani Independent Director

Mr. Arindam Sarkar Independent Director

Mr. Shirish G. Belapure Independent Director

Mr. Subhash Chandra Shah Vice President (Finance) & CFO

Mr. Indrajit Dnar Associate V.P. (Accounts & Taxation)

-cum-Company Secretary (up to June

29, 2020)

Category | Nature "Name of the Firm

Il) Name of the | i) Moore Stephens Singhi Advisors LLP

Companies / Firms in

which KMP and their |

relatives have |

significant influence:

Category | Nature Name of the Entities

I!) | Name of the Trusts / | i) Kothari Medical Centre Charitable Institutions

in which KMP and

their relatives have

significant influence

Category | Nature Name of the Companies

IV) Name of Other | i) Satyam Financial Services Limited

Related Parties in ii) Bharat Fritz Werner Limited

transaction with the iii) Kothari Phytochemicals & Industries Limited

Company iv) Gillanders Arbuthnot and Company Limited | v) Kothari & Co. Pvt. Limited

vo Gy

2) Transactions during the half year ended on March 31, 2020

(Rs. in Lakhs)

Particulars Category - | Category - Hl Category - Ill Category - IV

Rent - 12.17

Electricity charges - 3.97

Service Charges - 0.06

Professional Service Charges paid 1.28 -

Dividend Received 13.30

Interest received - 79.06

Remuneration to Key Management Personnel 320.36 -

Directors Fees 6.40 -

3) Balance Outstanding as at March 31, 2020

(Rs. in Lakhs)

Particulars Category -| | Category-!! | Category-Ill | Category - iV

Corporate Guarantee Commission payable 0.95

Investment in Equity Shares of Bharat Fritz 2135.30

Werner Limited

Investment in Equity Shares of Kothari - 281.58

Phytochemicals & Industries Limited

Loans given 1300.00

Interest receivable 64.53

Electricity payable 1.51

3) Terms and Conditions of transactions with Related Parties

All Related Party Transactions entered during the half year ended on March 31, 2020 were in the ordinary

course of business and were on arm's length basis.