Page 167 - Kolte Patil AR 2019-20

Notes forming part of the standalone financial statements

B. Related Party Transactions and Balance Outstanding
I. Transactions during the year:

(H in Lakhs)
Year ended Year ended
Type of transactions Particulars
March 31, 2020 March 31, 2019
Kolte-Patil I-Ven Townships (Pune) Limited 4,364 -
Redemption of Investment in debentures
Snowflower properties Private Limited 296 420
Loss on modification of Investment in
optionally convertible debentures Snowflower properties Private Limited 144 -
Kolte-Patil Global Private Limited - 202
Investments made in equity shares
Anisha Lifespaces Private Limited - 1
PNP Agrotech Private Limited 73 142
Kolte-Patil Redevelopment Private Limited 107 89
Loans given
Kolte-Patil Real Estate Private Limited - 4,870
Anisha Lifespaces Private Limited 60 5
Loans Repaid Kolte-Patil Real Estate Private Limited 3,791 -
Inter Corporate Deposit Taken Kolte-Patil I-Ven Townships (Pune) Limited 3,135 -
Inter Corporate Deposit Repaid Kolte-Patil I-Ven Townships (Pune) Limited 1,585 -
Advances returned back Kolte-Patil I-Ven Townships (Pune) Limited - 100
Ankit Enterprises 8,876 6,135
Kolte-Patil Homes 95 100
Regenesis Project Management LLP 30 1
Investment through current balance in KP-Rachana Real Estate LLP 2,008 2,101
partnership firms/LLP’s
Bouvardia Developers LLP - -
Carnation Landmarks LLP 9,989 2,679
KP-SK Project Management LLP - 17
Ankit Enterprises 6,367 1,341
Kolte-Patil Homes 53 4
Regenesis Project Management LLP 5 4
Withdrawal through current balance in KP-Rachana Real Estate LLP 2,074 2,385
partnership firms/LLP’s
Bouvardia Developers LLP 0 1
Carnation Landmarks LLP 8,649 1,401
KP-SK Project Management LLP 0 251
Kolte-Patil Real Estate Private Limited 21 68
Income from project management fees Kolte-Patil I-Ven Townships (Pune) Limited 404 304
Tuscan Real Estate Private Limited 66 -
Kolte-Patil I-Ven Townships (Pune) Limited 1,089 -
Interest income on debentures
Snowflower Properties Private Limited 87 361
Rajesh Patil 155 527
Naresh Patil 149 508
Milind Kolte 64 219
Dividend paid on equity shares Sunita Kolte 55 188
Sunita Patil 71 239
Vandana Patil 70 240
Ankita Patil 0 0
Kolte-Patil I-Ven Townships (Pune) Limited 33 33
Guarantee premium income
Kolte-Patil Real Estate Private Limited - 2

Annual Report 2019-20 | 165