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Standalone Financial Statements Annual Report 2014 - 15<br />
NOTES TO FINANCIAL STATEMENTS<br />
(All amounts in Indian Rupees millions, except share data and where otherwise stated)<br />
2.27: RELATED PARTY DISCLOSURES (CONTINUED)<br />
PARTICULARS<br />
FOR THE YEAR ENDED<br />
31 MARCH 2015<br />
FOR THE YEAR ENDED<br />
31 MARCH 2014<br />
x. Purchases and services from: <br />
Subsidiaries including step down subsidiaries: <br />
OOO Dr.Reddy’s Laboratories Limited 3,162 870<br />
Dr.Reddy’s Laboratories Inc. 1,265 956<br />
OctoPlus Development B.V. 1,071 8<br />
Chirotech Technology Limited 571 448<br />
Reddy Netherlands B.V. - 992<br />
Others 338 249<br />
Total 6,407 3,523<br />
Other related parties: <br />
Ecologic Chemicals Limited 5 40<br />
Dr. Reddy’s Institute of Life Sciences 92 96<br />
Total 97 136<br />
<br />
xi. Purchase of assets from: <br />
Subsidiaries including step down subsidiaries:<br />
DRL Impex Limited 1,093 -<br />
Dr. Reddy’s Laboratories International SA 39 -<br />
Total 1,132 -<br />
Other related parties: <br />
Ecologic Chemicals Limited (Refer note 2.42) - 1,264<br />
xii. Royalty paid/payable to:<br />
I-VEN Pharma Capital Limited - 361<br />
DRL Impex Limited 91 137<br />
Total 91 498<br />
<br />
<br />
xiii. Contributions for social development: <br />
Dr.Reddy’s Foundation 207 143<br />
Pudami Educational Society 30 27<br />
Total 237 170<br />
xiv.<br />
Hotel expenses paid/payable to:<br />
Green Park Hotels & Resorts Limited 32 20<br />
Stamlo Hotels Private Limited 9 11<br />
Total 41 31<br />
xv. Rent paid/payable to:<br />
Key management personnel:<br />
K Satish Reddy 14 14<br />
Relatives of key management personnel: <br />
G Anuradha 13 13<br />
Deepti Reddy 3 3<br />
K Samrajyam 2 2<br />
G Mallika Reddy 2 2<br />
G V Sanjana Reddy 2 2<br />
Total 22 22<br />
143