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Investor Presentaiton

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH, 2023 Nature of Transaction KMP Close member of the KMP Year Ended 31.03.2023 Year Ended 31.03.2023 Companies in which Directors are interested Year Ended 31.03.2023. (Crores) Other Related Parties Year Ended 31.03.2023 208 Outstanding as at Year End X. Other Receivables xi. Trade Payables xii. Commission Payable 38.28 (30.57) xiii. Contribution payable to Retirement Benefit fund/Others (Figures in brackets are in respect of Previous year) (c) Terms and conditions of transactions with related parties; 1.78 (26.55) 0.04 (0.04) 29.34 (16.44) 40.61 (13.43) The transactions with related parties are made on terms equivalent to those that prevail in arm's length transactions. Outstanding balances at the year-end are unsecured and interest free and settlement occurs in cash. There have been no guarantees provided or received for any related party receivables or payables. For the year ended 31st March 2023, the Group has not recorded any impairment of receivables relating to amounts owed by related parties (Previous year: Nil). This assessment is undertaken each financial year through examining the financial position of the related ₹ party and the market in which the related party operates.
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