| 25 | Related Party Disclosures | ||||||
| 2009-2010 | 2008-2009 | ||||||
| I | List of Related Parties | ||||||
| (a) | Parties where control exists |
||||||
| (i) | Subsidiary | * | Bulland Buildmart Pvt. Ltd. | ||||
| (ii) | Joint venture** | Gondkhari Coal Mining Limited | - | ||||
| (b) | Key Management Personnel |
- Shri K.C.Jai (Manager) - Shri D. Tandon*** |
- Shri K.C.Jain (Manager) - |
||||
| (c) | Relative of Key Management Personnel**** |
- Shri Sunil Jain (Son of Shri K.C.Jain) |
- Shri Sunil Jain (Son of Shri K.C.Jain) - |
||||
| (d) | Other Related Parties # |
||||||
| - Syt.B.K.Birla | - Syt.B.K.Birla | ||||||
| - Century Textiles & Industries Ltd. |
- Century Textiles & Industries Ltd. |
||||||
| - Century Enka Ltd. | - Century Enka Ltd. | ||||||
| - Jay Shree Tea & Industries Ltd. |
- Jay Shree Tea & Industries Ltd. |
||||||
| (e) | Enterprise having common Key Management Personnel |
- Mangalam Cement Limited |
- Mangalam Cement Limited |
||||
| (f) | Enterprise over which person referred to in ‘(c)’ above is able to exercise significant influence. |
- Synergy Enterprises | - | ||||
| * | Ceased to be a subsidiary on amalgamation referred to in Note 2 above. | ||||||
| ** | Joint venture effective June 22, 2009 | ||||||
| *** | Shri D. Tandon has been appointed as a Director w.e.f. January 01, 2010. | ||||||
| **** | Also proprietor of A.K. Enterprises. | ||||||
| # | The parties stated in (d) above are Related Parties in the broader sense of the term and are included for making the financial statements more transparent. |
||||||





