Gillette_India_Limited_AR_20

Annual Report 2019-20 126 Notes to Financial Statements for the year ended June 30, 2020 Gillette India Limited (e) Compensation of key management personnel The remuneration of directors and other key management personnel during the year was as follows: ` in lakhs Year ended June 30, 2020 Year ended June 30, 2019 Short-term benefits 133 190 Post-employment benefits 292 239 425 429 (f) Other transactions with key management personnel ` in lakhs Year ended June 30, 2020 Year ended June 30, 2019 Loan realised 19 14 Interest Income 1 1 Notes: 1 Disclosure required under 186(4) of the Companies Act, 2013 for loans given : ` in lakhs Name Relations Year ended June 30, 2020 Year ended June 30, 2019 Intercorporate loans Gillette Diversified Operations Private Ltd Fellow Subsidiary — — Above intercorporate loans have been given for general business purposes for meeting their working capital requirements. 33 Leasing arrangements The Company has taken on lease certain guesthouses, office premises and warehouses with an option of renewal at the end of the lease term and escalation clause in some of the cases. These leases can be terminated with a prior notice as per terms and conditions of the respective lease agreements. The cost of lease for the guesthouses, office premises and warehouses are disclosed under rent expense. 34 Commitments Year ended June 30, 2020 ` in lakhs Year ended June 30, 2019 ` in lakhs Estimated amount of contracts remaining to be executed on capital account and not provided for 233 337 233 337