JINDAL DRILLING & INDUSTRIES LTD.CORPORATE OFFICE: PLOT NO. 30, INSTITUTIONAL SECTOR-44, GURGAON-122 002 HARYANA (INDIA)

TEL: +91-124-4624000, 2574326, 2574620· FAX: +91-124-2574327,4624215E-mail: contacts@jindaldrilling.in Website: www.jindal.comCIN : L27201MH1983PLC233813

E-CommunicationJDIL/SECT/SE/2020-21 July 28, 2019

BSELtdzs'' Floor, P.J.Towers,Dalal Street, Mumbai-400 001Security Code: 511034

National Stock Exchange of India LimitedExchange Plaza, C-1, Block-GBandra-Kurla ComplexBandra (E), Mumbai - 400051Security Code: JINDRILL

Sub: Compliances under Regulation 23(9) of SEBI (Listing Obligations and DisclosureRequirements) Regulations, 2015

Dear Sirs,

Pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015 please find enclosed herewith the disclosure of Related Party Transactions for the year endedMarch 31, 2020, in the format specified in the relevant accounting standards.

You are requested to kindly take the same on record.

Thanking you,

For Jindal Drilling and Industries Limited

Saurabh AgrawalCompany Secretary

'.N~Qt\L ~_ ~'f~ IADC"'~~ MEMBER

OPERATIONS OFFICE: 3RD FLOOR, KESHAVABUILDING, BANDRA - KURLA COMPLEX, BANDRA (EAST), MUMBAI - 400 051TEL: +91-22-26592889, 26592892, 26592894 • FAX: +91-22-26592630

REGD. OFFICE: PIPE NAGAR, VILLAGE- SUKELI , N.H. 17, B.K.G. ROAD, TALUKA ROHA, DISH RAIGAD - 402126 ( MAHARASHTRA)TEL: +91-02194-238511, 238512, 238567, 238569. FAX: +91-02194-238513

MEMBER: INTERNATIONAL ASSOCIATION OF DRILLING CONTRACTORS, HOUSTON, TEXAS, USA

A As per Ind AS 24, the disclosures of transactions with the related parties are given belowList of related parties where control exist and also related parties with whom transactions have taken place and relationships:

S. No. Name of Related Parties Relationship1 Discovery Drilling Pte. Ltd.

Joint Venture2 Virtue Drilling Pte. Ltd.3 Shri Dharam Pal Jindal4 Shri Raghav Jindal5 Shri Pawan Kumar Rustagi Key Managerial Personnel (KMP)6 Shri Saurabh Agarwal7 Shri Radhey Shyam Gupta8 Sigma Infrastructure Pvt Ltd9 Maharashtra Seamless Ltd Other related parties10 Jindal Pipes Ltd11 Jindal Drilling & Industries Limited Employee Welfare Trust Post Employee Benefit Plans

B. Details of transactions with related party and outstanding balance at the year end March 31, 2020.

-'-Holding

Joint Venture's KMP's Others more than

Items Year10% in JDll

Post Emp. SudhaDDPl VDPl MSl JPl Sigma Benefit Apparels

Plan Ltd.

Sale of Equipments / SparesCurrent 20.32 150.73 - -Previous 4.50 - - - -

Sale of ScrapsCurrent - 14.34Previous - 6.56 -

Income from Technical Support ServicesCurrent - - 20.26Previous - - - - 432.02

Commission Income on Bank GuaranteesCurrent 19.80 - -

Previous 94.93 - -Interest on loan - Income (Gross)

Current 579.09 665.42 -Previous 1,395.71 740.66

Rent ReceivedCurrent 1.58 7.58Previous 1.58 21.98

Purchase of Material, Services, and othersCurrent - 126.25 - 96.14 4.48

Previous 12.88 - - 3.25

Manpower ServicesCurrent - - 1,536.73Previous - - -

Purchases of assetsCurrent - -

Previous 51,868.13 - - - -

Interest on loan - Expenses Current - - 749.44 108.30

Previous - - 845.70 270.87

Rent PaidCurrent - - 7.99 81.24 151.20Previous - - 7.99 81.24

Rent Expenses- Equipments Current 22.64 -Previous -

Rent Expenses- Rig Chartered Hire Current - 1,232.19 - -Previous - - -

Security Deposit PaidCurrent - 363.17 - -Previous - - -

Financial Guarantees GivenCurrent - - -Previous - -

Payment to Key Managerial Person'sCurrent - 202.87 -Previous - 113.50 -

Expenses paid by JDll on behalf of related Current - - - 16.48parties Previous - -Expenses paid by related parties on behalf of Current - - 13.32JDll Previous 13.20 -Advance received against RIG Refurbishment

Current - - - -Previous - - - - 464.74

Net loans and advances, Deposits given / Current -17,748.24 -7,091.45 -(Refunded) Previous 9,541.32 - - -Net loans and advances, Deposits taken / Current -6,300.00 2,271.00(Refunded) Previous 8,760.00 749.55 -Accrued Interest Received Current 2,117.03 1,003.00 -

Previous - 292.31 - -

Post-Employment Employee Benefit Expenses Current - - - 1.53

Previous - - 1.63

(Rs In lacs)

BALANCE OUTSTANDING AT THE YEAR END

Investments Current 7,411.97 11,247.41 -Previous 7,411.97 11,247.41

loans and Advances ReceivableCurrent 13,234.11 13,051.35 - -.Previous 29,841.90 19,220.92 - - -

Interest on loan receivable (Net of Tax)Current 519.82 203.00 -Previous 2,117.03 629.56 - -

loans and Advances Payable (including Current - - 7,205.68 4,824.04accrued interest) Previous - - 12,831.18 2,447.27 -

Trade & Other PayablesCurrent 1,426.91 55.04 513.01 - 13.61Previous 51,892.86 1.22

Trade Receivable against technical supportCurrent - - -

Previous - - - 76.08

Financial GuaranteesCurrent - - -Previous 18,862.66 -

Other receivableCurrent 11.95 5.37 0.43 -Previous 758.51 - 3.99