5.40 As per Ind AS 24, the disclosures odf transactions with the related parties are given below:

List of related parties where control exists and also related parties with whom transactions have taken place and relationships:

(a) Subsidiary

Bemco Fluidtechnik LLP (Incorporated on 13-02-2015. Formerly Bemco Fluidtechnik Private Limited upto 26-02-17)

(b) Key Management Personnel

Shri Madan Mohan Mohta - Chairman

Shri Anirudh Mohta - Managing Director

Shri R.M. Shah

Shri N.K. Daga

Shri Dilip Chandak

Shri R.B. Patil

Miss Amruta Tarale

(c) Relatives of Key management personnel:

Smt. Urmila Devi Mohta

(d) Enterprises where key management personnel have significant influence:

U. D. Finnvest Pvt Ltd

Mohta Capital Pvt Ltd

Bemco Precitech Pvt Ltd

U.D.Polyproducts Pvt Ltd

Sree Ramachandra Enterprises Private Limited

The following related party transactions were carried out during the year.

(All Figures in Rs)

Terms and conditions of transactions with related parties

The sales to and purchases from related parties are made on terms equivalent to those that prevail in arm's length transactions.

Compensation of key management personnel of the Group

The remuneration of director and other member of key management personnel during the year as follows;

5.41 Foreign Currency Risk

The following table shows foreign currency exposures in Euro on financial instruments at the end of the reporting period.

Foreign Currency Sensitivity Analysis

The Company is mainly exposed to the currency: EURO

The following table details the Company's sensitivity to a 5% increase and decrease in the Rs. against the relevant foreign currencies. 5% is the sensitivity rate used foreign exchange rates. This is mainly attributable to the exposure outstanding on receivables and payables in the Company at the end of the reporting period. The sensitivity analysis includes only outstanding foreign currency denominated monetary items and adjusts their translation at the period end for a 5% charge in foreign currency rate. A positive number below indicates an increase in the profit or equity where the Rs. strengthens 5% against the relevant currency. For a 5% weakening of the Rs. against the relevant currency, there would be a comparable impact on the profit or equity, and the balances below would be negative.

Impact of profit or loss and Equity

Equity Risk

There is no material equity risk relating to the Comapnys' equity investments which are detailed in note 5.03 "Investments". The Companys' equity investments majorly comprises of strategic investments rather than trading purpose.

Interest Risk

There is no material interest risk relating to the Company's financial liabilities which are detailed in Note 5.16, 5.21 and 5.23

Credit Risk

Credit Risk arises from Companys' activities in investments and other receivables from customers. The Company has a prudent and conservative process for managing its credit risk arising in the course of its business activities. The Company has set a policy of receiving 80 percent of the sale proceeds as an advance after the orders get finalized and remaining 20 percent at the time of dispatch and commissioning.

Liquidity Risk

Ultimate responsibility for liquidity risk management rests with the Board of Directors, which has established an appropriate liquidity risk management framework for the management of the Company's short-term.and long-term funding and liquidity management requirements. The Company manages liquidity risk by maintaining adequate reserves, banking facilities and reserve borrowing facilities, by continuously monitoring forecast and actual cash flows, and by matching the maturity profiles of financial assets and liabilities.

All current financial liabilities are repayable within one year. The contractual maturities of non current liabilities are disclosed in Note No. 5.16

Liquidity Risk Table

The following table detail the Company's remaining contractual maturity for its non-derivative financial liabilities with agreed repayment periods. The tables have been drawn up based on the undiscounted cash flows of financial laibilities based on the earliest date on which the company can be required to pay.

Capital Management

The Group manages its capital to ensure that entities in the Group will be able to continue as going concern while maximising the return to stakeholders through optimisation of debt and equity balance. The capital structure of the Group consists of net debt (borrowings as detailed in note 5.16,5.21 and 5.23 off set by cash and bank balances) and total equity of the Group. The Group is not subject to any externally imposed capital requirements.

Gearing Ratio

Debt is defined as long-term borrowings, short-term borrowings and current maturity of long-term borrowings , as described in notes 5.16, 5.21 and 5.23.

5.42 Fair value measurements hierarchy

There are no transfers between levels 1and 2 during the year.

Level 1: Quoted Prices in active markets for identical assets;

Level 3: Inputs other than observable market data, are used for deriving fair value.

5.43 Revenue from Major Customers

Revenue from one customer of the company's Rerailing equipment business is INR 10,28,82,661 (including excise duty and GST) which is more than 10% of the company's total revenue.

5.46 Segment Information

Operating segments are reported in a manner consistent with the internal reporting provided to the Chief Operating Decision Maker ("CODM") of the Company. The CODM, who is responsible for allocating resources and assessing performance of the operating segments, has been identified as the Managing Director of the Company. The Company operates only in one Business Segment i.e. manufacturing and sale of hydraulic press machine and related equipments' which primarily includes Hydraulic Presses, Euipments and Portable re-railing equipmets and the activities incidental thereto within India, hence does not have any reportable Segments as per Ind AS 108 "Operating Segments". The performance of the Company is mainly driven by sales made locally and hence, no separate geographical segment is identified.