Disclosure of Related Party Transactions for the Half Year ended 31st March 2022
Sl No | Details of the Party | Details of the Counter Party | Type of Related Party | Value of the | Value of the | In case any | Details of the | (Rs. in Crore) | |||||||
(Listed Entity/ | Transaction | Related Party | transaction | financial | loans, inter- | ||||||||||
Subsidiary ) entering | transaction as | during the | indebtedness is | corporate | |||||||||||
into the transaction | approved by | reporting | incurred to | deposits, | |||||||||||
Audit | period | make or give | advances or | ||||||||||||
Committee | 01.10.2021- | loans, inter- | investments | ||||||||||||
31.03.2022) | corporate | ||||||||||||||
deposits, | |||||||||||||||
advances or | |||||||||||||||
investments | |||||||||||||||
Name | Name | Relationship of the counter party with the | Opening Bal | Closing Balance Nature of | Cost | Tenure Nature (loan/ | Interest Rate (%) | Tenure | Secured/ | Purpose for which | |||||
listed entity or its subsidiary | (01.10.2021) | as on | indebtedness | advance/ | unsecured | the funds will be | |||||||||
31.03.2022) | (loan/ issuance | intercorporate | utilised by the | ||||||||||||
of debt/ any | deposit/ | ultimate recipient of | |||||||||||||
other etc.) | investment | funds (end usage) | |||||||||||||
1 | GAIL (India) Limited | GAIL Gas Limited | subsidiary | Investment | Exempted | 8.53 | 1,639.90 | 1,648.43 | |||||||
under | |||||||||||||||
Regulation | |||||||||||||||
23(5) of SEBI | |||||||||||||||
LODR | |||||||||||||||
Regulatons | |||||||||||||||
being Wholly- | |||||||||||||||
owned | |||||||||||||||
subsidiary | |||||||||||||||
GAIL Gas Limited | subsidiary | Sales/ Operating Income | 3,504.77 | 337.31 | 535.46 | ||||||||||
GAIL Gas Limited | subsidiary | Advances/SD Received | -0.28 | 12.54 | 12.26 | ||||||||||
GAIL Gas Limited | subsidiary | Hooking Up Charges | - | 6.23 | 22.64 | ||||||||||
GAIL Gas Limited | subsidiary | Claim Reco./Advance Paid | - | - | - | ||||||||||
GAIL Gas Limited | subsidiary | Financial Guarantee | -3.08 | 4.90 | 10.35 | ||||||||||
Obligation (Inc.) /Exp. | |||||||||||||||
GAIL Gas Limited | subsidiary | Other Income / | 57.17 | 23.54 | 50.57 | ||||||||||
Reimbursements | |||||||||||||||
GAIL Gas Limited | subsidiary | Other Expenses/ | -0.03 | - | - | ||||||||||
Reimbursements | |||||||||||||||
2 | GAIL (India) Limited | GAIL Global (Singapore) Pte. Limited | subsidiary | Investment | Exempted | 0.02 | 41.94 | 41.96 | |||||||
under | |||||||||||||||
Regulation | |||||||||||||||
23(5) of SEBI | |||||||||||||||
LODR | |||||||||||||||
Regulatons | |||||||||||||||
being Wholly- | |||||||||||||||
owned | |||||||||||||||
subsidiary | |||||||||||||||
GAIL Global (Singapore) Pte. Limited | subsidiary | Financial Guarantee | -0.00 | - | 0.01 | ||||||||||
Obligation (Inc.) /Exp. | |||||||||||||||
GAIL Global (Singapore) Pte. Limited | subsidiary | Dividend | 1.86 | - | - | ||||||||||
GAIL Global (Singapore) Pte. Limited | subsidiary | Sales/ Operating Income | 1,707.09 | - | - | ||||||||||
GAIL Global (Singapore) Pte. Limited | subsidiary | Purchases | 151.85 | - | -1.80 | ||||||||||
GAIL Global (Singapore) Pte. Limited | subsidiary | Other Expenses/ | - | - | - | ||||||||||
Reimbursements | |||||||||||||||
GAIL Global (Singapore) Pte. Limited | subsidiary | Other Income / | 1.69 | 0.21 | 0.28 | ||||||||||
Reimbursements | |||||||||||||||
3 | GAIL (India) Limited | GAIL Global (USA) Inc. | subsidiary | Investment | Exempted | - | 186.14 | 186.14 | |||||||
under | |||||||||||||||
Regulation | |||||||||||||||
23(5) of SEBI | |||||||||||||||
LODR | |||||||||||||||
Regulatons | |||||||||||||||
being Wholly- | |||||||||||||||
owned | |||||||||||||||
subsidiary | |||||||||||||||
GAIL Global (USA) Inc. | subsidiary | Financial Guarantee | 169.58 | - | 169.58 | ||||||||||
Obligation (Inc.) /Exp. | |||||||||||||||
GAIL Global (USA) Inc. | subsidiary | Other Income / | 1.30 | 1.00 | 0.46 | ||||||||||
Reimbursements | |||||||||||||||
GAIL Global (USA) Inc. | subsidiary | Other Expenses/ | - | - | - | ||||||||||
Reimbursements |
4 GAIL (India) Limited | GAIL Global USA LNG LLC (100% subsidiary of GAIL Global (USA) | subsidiary | Investment | Exempted | - | 1.46 | 1.46 | |||||
Inc. ) | under | |||||||||||
Regulation | ||||||||||||
23(5) of SEBI | ||||||||||||
LODR | ||||||||||||
Regulatons | ||||||||||||
being Wholly- | ||||||||||||
owned | ||||||||||||
subsidiary | ||||||||||||
GAIL Global USA LNG LLC (100% subsidiary of GAIL Global (USA) | subsidiary | Financial Guarantee | -0.17 | 6.98 | 6.94 | |||||||
Inc. ) | Obligation (Inc.) /Exp. | |||||||||||
GAIL Global USA LNG LLC (100% subsidiary of GAIL Global (USA) | subsidiary | Purchases | 4,702.91 | 640.49 | 793.62 | |||||||
Inc. ) | ||||||||||||
GAIL Global USA LNG LLC (100% subsidiary of GAIL Global (USA) | subsidiary | Other Expenses/ | - | - | - | |||||||
Inc. ) | Reimbursements | |||||||||||
5 | GAIL (India) Limited | Bengal Gas Company Limited | subsidiary | Investment | Exempted | 150.00 | 50.00 | 200.00 | ||||
under | ||||||||||||
Regulation | ||||||||||||
23(5) of SEBI | ||||||||||||
LODR | ||||||||||||
Regulatons | ||||||||||||
being | ||||||||||||
Government | ||||||||||||
Company | ||||||||||||
Bengal Gas Company Limited | subsidiary | Sales/ Operating Income | 0.43 | 0.03 | 0.09 | |||||||
Bengal Gas Company Limited | subsidiary | Advances/SD Received | - | - | - | |||||||
Bengal Gas Company Limited | subsidiary | Hooking Up Charges | - | - | 4.72 | |||||||
Bengal Gas Company Limited | subsidiary | Other Income / | 3.97 | 21.85 | 0.73 | |||||||
Reimbursements | ||||||||||||
Bengal Gas Company Limited | subsidiary | Other Expenses/ | - | - | - | |||||||
Reimbursements | ||||||||||||
Bengal Gas Company Limited | subsidiary | Investment Pending Allotment | - | - | - | |||||||
6 | GAIL (India) Limited | Konkan LNG Limited | subsidiary | Investment | Exempted | 117.01 | 438.44 | 555.45 | ||||
under | ||||||||||||
Regulation | ||||||||||||
23(5) of SEBI | ||||||||||||
LODR | ||||||||||||
Regulatons | ||||||||||||
being | ||||||||||||
Government | ||||||||||||
Company | ||||||||||||
Konkan LNG Limited | subsidiary | Preference Shares | - | 252.00 | 252.00 | |||||||
Konkan LNG Limited | subsidiary | Sales/ Operating Income | 1.82 | - | - | |||||||
Konkan LNG Limited | subsidiary | Purchases | 573.92 | 169.40 | 51.85 | 11 years | Unsecured The Inter corporate | |||||
Konkan LNG Limited | subsidiary | Inter Corporate Loans | 43.77 | 2,651.53 | 2,695.30 | Inter Corporate | SBI 1 year MCLR | |||||
Loan | plus 0.20% per | loan was lent to M/s | ||||||||||
annum(Interest | KLL towards its debt | |||||||||||
Rate will be reset | settlement with | |||||||||||
on every financial | their existing | |||||||||||
year on 1st April) | Lenders as One Time | |||||||||||
Settlement. | ||||||||||||
Konkan LNG Limited | subsidiary | Interest Income | 185.78 | 125.85 | 166.42 | |||||||
Konkan LNG Limited | subsidiary | Other Income / | 11.84 | 7.68 | 3.40 | |||||||
Reimbursements | ||||||||||||
Konkan LNG Limited | subsidiary | Other Expenses/ | - | - | - | |||||||
Reimbursements | ||||||||||||
7 | GAIL (India) Limited | Tripura Natural Gas Company Limited | subsidiary | Investment | Exempted | - | 14.69 | 14.69 | ||||
under | ||||||||||||
Regulation | ||||||||||||
23(5) of SEBI | ||||||||||||
LODR | ||||||||||||
Regulatons | ||||||||||||
being | ||||||||||||
Government | ||||||||||||
Company | ||||||||||||
Tripura Natural Gas Company Limited | Dividend | - | - | - | ||||||||
Tripura Natural Gas Company Limited | Advances/SD Received | 2.14 | - | 2.14 | ||||||||
Tripura Natural Gas Company Limited | Hooking Up Charges | - | 7.09 | 7.09 | ||||||||
Tripura Natural Gas Company Limited | Sales/ Operating Income | 22.61 | 3.22 | 3.00 | ||||||||
Tripura Natural Gas Company Limited | Other Income / | 0.93 | 1.47 | 0.35 | ||||||||
Reimbursements | ||||||||||||
Tripura Natural Gas Company Limited | Other Expenses/ | - | - | - | ||||||||
Reimbursements |
8 | GAIL (India) Limited | Aavantika Gas Limited | Associate/Joint Venture | Investment | 50.05 | - | 50.02 | 50.02 |
Aavantika Gas Limited | Dividend | 2.51 | 2.51 | - | - | |||
Aavantika Gas Limited | Sales/ Operating Income | 228.75 | 113.90 | 7.15 | 11.76 | |||
Aavantika Gas Limited | Advances/SD Received | 0.00 | 0.00 | 0.01 | ||||
Aavantika Gas Limited | Other Income / | 0.46 | 2.37 | 0.28 | ||||
Reimbursements | ||||||||
Aavantika Gas Limited | Other Expenses/ | - | - | - | ||||
Reimbursements | ||||||||
9 | GAIL (India) Limited | Bhagyanagar Gas Limited | Associate/Joint Venture | Investment | 130.55 | - | 128.25 | 128.25 |
Bhagyanagar Gas Limited | Sales/ Operating Income | 147.28 | 75.93 | 3.71 | 9.05 | |||
Bhagyanagar Gas Limited | Other Income / | - | 0.32 | 0.46 | ||||
Reimbursements | ||||||||
Bhagyanagar Gas Limited | Other Expenses/ | 1.95 | - | - | ||||
Reimbursements | ||||||||
10 | GAIL (India) Limited | Brahmaputra Cracker and Polymer Limited | Associate/Joint Venture | Investment | Exempted | - | 992.37 | 992.37 |
under | ||||||||
Regulation | ||||||||
23(5) of SEBI | ||||||||
LODR | ||||||||
Regulatons | ||||||||
being | ||||||||
Government | ||||||||
Company | ||||||||
Brahmaputra Cracker and Polymer Limited | Dividend | - | - | - | ||||
Brahmaputra Cracker and Polymer Limited | Sales/ Operating Income | 43.44 | - | - | ||||
Brahmaputra Cracker and Polymer Limited | Advances/SD Received | 0.99 | 0.15 | 1.14 | ||||
Brahmaputra Cracker and Polymer Limited | Claim Reco./Advance Paid | -0.00 | - | -0.00 | ||||
Brahmaputra Cracker and Polymer Limited | Other Income / | 4.10 | 142.24 | 2.39 | ||||
Reimbursements | ||||||||
Brahmaputra Cracker and Polymer Limited | Other Expenses/ | - | - | - | ||||
Reimbursements | ||||||||
11 | GAIL (India) Limited | Central UP Gas Limited | Associate/Joint Venture | Investment | 15 | - | 15.00 | 15.00 |
Central UP Gas Limited | Dividend | 1.5 | 1.50 | - | - | |||
Central UP Gas Limited | Sales/ Operating Income | 363.52 | 129.90 | 8.16 | 14.38 | |||
Central UP Gas Limited | Advances/SD Received | -0.13 | 0.13 | - | ||||
Central UP Gas Limited | Hooking Up Charges | - | 3.46 | 3.54 | ||||
Central UP Gas Limited | Other Income / | 0.47 | 2.52 | 1.54 | ||||
Reimbursements | ||||||||
Central UP Gas Limited | Other Expenses/ | - | - | - | ||||
Reimbursements | ||||||||
12 | GAIL (India) Limited | China Gas Holdings Limited | Associate/Joint Venture | Investment | Not Applicable | - | 97.37 | 97.37 |
China Gas Holdings Limited | Dividend | 14.24 | 14.24 | - | - | |||
China Gas Holdings Limited | Other Income / | - | - | - | ||||
Reimbursements | ||||||||
13 GAIL (India) Limited | Fayum Gas Company | Associate/Joint Venture | Investment | Not Applicable | - | 8.10 | 8.10 | |
Fayum Gas Company | Dividend | 0.32 | 0.32 | - | - | |||
14 | GAIL (India) Limited | Green Gas Limited | Associate/Joint Venture | Investment | 23.09 | 0.05 | 23.04 | 23.09 |
Green Gas Limited | Dividend | - | - | - | ||||
Green Gas Limited | Sales/ Operating Income | 337.4 | 204.93 | 9.81 | 13.11 | |||
Green Gas Limited | Advances/SD Received | -3.01 | 3.01 | 0.00 | ||||
Green Gas Limited | Hooking Up Charges | - | - | 4.27 | ||||
Green Gas Limited | Other Income / | 0.54 | 2.35 | 0.52 | ||||
Reimbursements | ||||||||
Green Gas Limited | Other Expenses/ | - | - | - | ||||
Reimbursements | ||||||||
15 | GAIL (India) Limited | Indradhanush Gas Grid Limited | Associate/Joint Venture | Investment | 222.36 | 24.00 | 61.00 | 85.00 |
Indradhanush Gas Grid Limited | Sales/ Operating Income | 9.31 | 0.02 | - | - | |||
Indradhanush Gas Grid Limited | Other Income / | - | 2.00 | 3.62 | ||||
Reimbursements | ||||||||
Indradhanush Gas Grid Limited | Other Expenses/ | - | - | - | ||||
Reimbursements | ||||||||
16 | GAIL (India) Limited | Indraprastha Gas Limited | Associate/Joint Venture | Investment | 31.5 | - | 31.50 | 31.50 |
Indraprastha Gas Limited | Dividend | - | - | - | ||||
Indraprastha Gas Limited | Sales/ Operating Income | 3652.63 | 2,312.47 | 140.70 | 257.81 | |||
Indraprastha Gas Limited | Advances/SD Received | - | - | - | ||||
Indraprastha Gas Limited | Hooking Up Charges | - | 18.69 | 18.69 | ||||
Indraprastha Gas Limited | Claim Reco./Advance Paid | 0.00 | - | 0.00 | ||||
Indraprastha Gas Limited | Other Income / | 0.58 | 51.14 | 0.18 | ||||
Reimbursements | ||||||||
Indraprastha Gas Limited | Other Expenses/ | - | - | - | ||||
Reimbursements | ||||||||
17 | GAIL (India) Limited | LLC Bharat Energy Office | Associate/Joint Venture | Investment | 0.76 | 0.76 | - | 0.76 |
18 | GAIL (India) Limited | Mahanagar Gas Limited | Associate/Joint Venture | Investment | 32.11 | - | 32.10 | 32.10 |
Mahanagar Gas Limited | Dividend | 30.5 | 30.50 | - | - |
Mahanagar Gas Limited | Sales/ Operating Income | 1464.52 | 787.20 | 374.15 | 419.60 | |||
Mahanagar Gas Limited | Advances/SD Received | - | 0.00 | 0.00 | ||||
Mahanagar Gas Limited | Hooking Up Charges | - | 21.18 | 21.18 | ||||
Mahanagar Gas Limited | Other Income / | 1.10 | 40.63 | 0.25 | ||||
Reimbursements | ||||||||
Mahanagar Gas Limited | Other Expenses/ | - | - | - | ||||
Reimbursements | ||||||||
19 | GAIL (India) Limited | Maharashtra Natural Gas Limited | Associate/Joint Venture | Investment | 22.5 | - | 22.50 | 22.50 |
Maharashtra Natural Gas Limited | Dividend | - | - | - | ||||
Maharashtra Natural Gas Limited | Sales/ Operating Income | 806.82 | 358.51 | 23.97 | 58.11 | |||
Maharashtra Natural Gas Limited | Advances/SD Received | 5.01 | 0.13 | 5.14 | ||||
Maharashtra Natural Gas Limited | Other Income / | 0.49 | 12.61 | 0.23 | ||||
Reimbursements | ||||||||
Maharashtra Natural Gas Limited | Other Expenses/ | - | - | - | ||||
Reimbursements | ||||||||
20 | GAIL (India) Limited | ONGC Petro additions Limited | Associate/Joint Venture | Investment | 994.95 | - | 994.95 | 994.95 |
ONGC Petro additions Limited | Sales/ Operating Income | 879 | 370.42 | 26.33 | 32.27 | |||
21 | GAIL (India) Limited | Petronet LNG Limited | Associate/Joint Venture | Investment | Not Applicable | - | 98.75 | 98.75 |
Petronet LNG Limited | Dividend | 131.25 | 131.25 | - | - | |||
Petronet LNG Limited | Purchases | 25,371.46 | 11,145.63 | 940.36 | 1,262.17 | |||
Petronet LNG Limited | Claim Reco./Advance Paid | 0.44 | 356.46 | 363.27 | ||||
22 | GAIL (India) Limited | Ramagundam Fertilizers and Chemicals Limited | Associate/Joint Venture | Investment | 270.30 | - | 270.30 | 270.30 |
Ramagundam Fertilizers and Chemicals Limited | Claim Reco./Advance Paid | 2,137.00 | 0.05 | - | 0.05 | |||
Ramagundam Fertilizers and Chemicals Limited | Sales/ Operating Income | 902.43 | 100.98 | 16.44 | ||||
Ramagundam Fertilizers and Chemicals Limited | Other Income / | 1.36 | - | - | ||||
Reimbursements | ||||||||
23 | GAIL (India) Limited | Talcher Fertilizers Limited | Associate/Joint Venture | Investment | 1,184.00 | - | 805.48 | 805.48 |
Talcher Fertilizers Limited | Other Income / | 19.50 | 9.29 | 5.89 | 8.92 | |||
Reimbursements | ||||||||
Talcher Fertilizers Limited | Other Expenses/ | - | - | - | ||||
Reimbursements | ||||||||
24 | GAIL (India) Limited | TAPI Pipeline Company Limited | Associate/Joint Venture | Investment | 71.32 | - | 55.38 | 55.38 |
25 | GAIL (India) Limited | Vadodara Gas Limited | Associate/Joint Venture | Investment | 79.14 | - | 79.14 | 79.14 |
GAIL Gas Limited | Vadodara Gas Limited | Associate/Joint Venture | Investment | Not Applicable | 41.01 | 41.01 | ||
Vadodara Gas Limited | Sales/ Operating Income | 143.00 | 69.50 | 5.40 | 7.46 | |||
Vadodara Gas Limited | Other Income / | - | 0.00 | 0.00 | ||||
Reimbursements | ||||||||
26 | GAIL (India) Limited | ONGC Tripura Power Company | Associate/Joint Venture | Investment | 319.00 | 319.05 | - | 319.05 |
27 | GAIL Gas Limited | Andhra Pradesh Gas Distribution Corporation Limited* | Associate/Joint Venture | Investment | Not Applicable | - | 168.37 | 194.52 |
28 | GAIL Gas Limited | Goa Natural Gas Private Limited* | Associate/Joint Venture | Investment | Not Applicable | - | 30.00 | 34.41 |
Goa Natural Gas Private Limited* | Associate/Joint Venture | Advances/SD Received | 31.10 | - | - | - | ||
Goa Natural Gas Private Limited* | Associate/Joint Venture | Hooking Up Charges | - | 0.49 | - | |||
Goa Natural Gas Private Limited* | Associate/Joint Venture | Sales/ Operating Income | 13.40 | 1.09 | - | |||
29 | GAIL Gas Limited | Haridwar Natural Gas Private Limited* | Associate/Joint Venture | Investment | Not Applicable | - | 22.20 | 22.20 |
Haridwar Natural Gas Private Limited* | Associate/Joint Venture | Advances/SD Received | 13.7 | -0.00 | 0.00 | 0.00 | ||
Haridwar Natural Gas Private Limited* | Associate/Joint Venture | Sales/ Operating Income | 12.20 | 0.47 | - | |||
30 | GAIL Gas Limited | Kerala GAIL Gas Limited* | Associate/Joint Venture | Investment | Not Applicable | - | - | - |
31 | GAIL Gas Limited | Purba Bharti Gas Private Limited* | Associate/Joint Venture | Investment | Not Applicable | - | 26.00 | 26.00 |
Purba Bharti Gas Private Limited* | Associate/Joint Venture | Sales/ Operating Income | 1 | 0.06 | 0.00 | - | ||
32 | GAIL Gas Limited | Rajasthan State Gas Limited* | Associate/Joint Venture | Investment | Not Applicable | - | 65.00 | 65.00 |
Rajasthan State Gas Limited* | Associate/Joint Venture | Advances/SD Received | 31.01 | -0.03 | 0.03 | - | ||
Rajasthan State Gas Limited* | Associate/Joint Venture | Sales/ Operating Income | 16.12 | 0.97 | 0.09 | |||
33 | GAIL (India) Limited | GAIL Employees Superannuation Benefit Fund | Trust | Employers Contribution | 108.82 | 66.52 | 1.07 | -12.42 |
34 | GAIL (India) Limited | GAIL (India) Ltd. Employees Provident Fund Trust | Trust | Employers Contribution | 186.5 | 48.04 | - | -13.73 |
35 | GAIL (India) Limited | GAIL (India) Ltd. Employees Death-cum- Superannuation | Trust | Employers Contribution | 15.5 | -1.75 | 8.50 | 35.72 |
Gratuity Scheme | ||||||||
36 | GAIL (India) Limited | GAIL Post Retirement Medical Scheme Trust | Trust | Employers Contribution | 15.57 | 3.71 | 11.31 | 18.19 |
37 | GAIL (India) Limited | GAIL Charitable & Education Trust | Trust | Employers Contribution | - | - | - | |
38 | GAIL (India) Limited | Shri Manoj Jain, Chairman and Managing Director, Director (HR) | Key Managerial Personnel | Remuneration | 0.46 | 0.46 | - | - |
and Director (Projects) upto 11.02.2022 |
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