Page 286 - Index

Standalone
Name of the related party Nature of transaction / outstanding balances As at and for
the year ended
December 31, 2024
(C lakh)
As at and for
the year ended
December 31, 2023
Crisil ESG Ratings and Analytics
Limited
Reimbursement of expense received 80 -
Professional fees rendered 20 -
Professional fees paid 2 -
Reimbursement of expenses paid 155 -
Purchase consideration received 22 -
Amount receivable 185 -
Girish Paranjpe Sitting fees and commission 60 59
Shyamala Gopinath Sitting fees and commission 60 54
Amount Payable 1 -
Vinita Bali Sitting fees and commission 1 57
Nishi Vasudeva Sitting fees and commission 57 -
Amar Raj Bindra Sitting fees and commission 57 55
Amount Payable 1 -
Remuneration to Key Management Personnel
Nature of transaction As at and for
the year ended
December 31, 2024
(C lakh)
As at and for
the year ended
December 31, 2023
short-term employee benefits 1,387 1,232
other long-term benefits 547 303
share-based payment [Options alloted (Number)] 4,832 8,878
‘-*’ in amounts column denote amount less than C 50,000
Notes:
1. All related party transactions entered during the year were in ordinary course of the business and on arm’s
length basis.
2. Transactions with key management personnel does not include post-employment benefits based on actuarial
valuation as it is done for the Company as a whole.
41. Leases
The Company has elected not to recognise right of use assets and lease liabilities for short term leases (lease term
of 12 months or less) and leases of low-value and has recognised the lease payments for such leases as an expense
over the lease term.
41.1 The following is the movement in lease liabilities:
Particulars As at
December 31, 2024
(C lakh)
As at
December 31, 2023
Opening balance 3,126 7,164
Additions during the year 20,686 435
Add: Interest recognised during the year 311 328
Less: Impact of lease modification (1) -
Less: Payment (including interest on lease liabilities) (1,375) (4,801)
Less: Deductions (23) -
Closing balance 22,724 3,126
284 Annual Report 2024