Financials (#) The outstanding balances and the maximum amount during the year are disclosed. (*) Represents material items separately disclosed in pursuant to the guidelines (**) Directors other than KMP includes director commission and sitting fees (excluding taxes) payable/ paid to both independent & Nominee Directors. (***) Placement of deposits are on account of lien marked on securitisation [refer note 5] Note: For details refer note 45 on related party disclosure Note 46: Disclosures pursuant to the RBI Master direction circular RBI/DoR/2023-24/106 DoR.FIN.REC.No.45/03.10.119/2023-24 (Cont’d) vii) Miscellaneous (Contd.) E) Related party transactions Arohan Financial Services Limited Notes to financial statements for the year ended March 31, 2024 (Contd.) (All amounts in ` lakhs unless otherwise stated) Related Party/items Key Management Personnel Directors Other than KMP (**) Entities exercising significant influence over the Company Entities having common director Others Total Closing balance Maximum during the year FY 23-24 FY 22-23 FY 23-24 FY 22-23 FY 23-24 FY 22-23 FY 23-24 FY 22-23 FY 23-24 FY 22-23 FY 23-24 FY 22-23 As on March 31, 2024 As on March 31, 2023 FY 23-24 FY 22-23 Borrowings (*) (#) - - - - 20,800.00 - - 1,000.00 - - 20,800.00 1,000.00 (21,626.06) (892.80) 20,800.00 1,000.00 Repayment of borrowings - - - - - - 565.23 141.31 - - 565.23 141.31 - - - - Loan processing fees - - - - 243.09 - 2.73 2.73 - - 245.82 2.73 - - - - Placement of deposits (***) (#) - - - - - - - 283.15 - - - 283.15 301.13 353.79 - 283.15 Deposits matured - - - - - - 1,607.98 - - - 1,607.98 - - - - - Advances (#) - - - - - - - - - - - - - - - - Investments (#) - - - - - - - - - - - - - - - - Purchase of fixed/ other assets - - - - - - - - - - - - - - - - Sale of fixed/ other assets - - - - - - - - - - - - - - - - Interest paid - - - - 633.22 - 4.04 8.38 - - 637.26 8.38 - - - - Interest received - - - - 242.96 465.56 - - 242.96 465.56 - - - - Remuneration 547.43 442.91 - - - - - - - - 547.43 442.91 - - - - Consideration received against assignment transactions - - - - - - - 8,496.26 - - - 8,496.26 (86.00) (594.59) Principal and interest paid towards assignment transactions (*) - - - - - - 5,756.74 3,004.54 - - 5,756.74 3,004.54 - - - - Borrowed towards securitisation transaction - - - - - - - 4,926.78 - - - 4,926.78 (1,397.11) (4,928.10) - - Amount paid towards securitisation transaction (*) - - - - - - 3,862.21 - - - 3,862.21 - - - - - Others - - 241.45 85.10 - - 1,445.77 989.94 - - 1,687.22 1,075.04 (239.13) (80.96) - - | 190 Annual Report | 2023-2024
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