Atul Ltd 2011-12

Atul Ltd | Annual Report 2011-12 ( ` cr) No Name of the related party Associate companies Enterprises over which control exercised by key management personnel Enterprises over which significant influence exercised Key management personnel Relatives of key management personnel Welfare funds 8 Interest paid on public deposits Mr Sunil S Lalbhai – – – 0.04 – – – – – (0.04) – – Dr Vimla S Lalbhai – – – – 0.02 – – – – – (0.01) – Ms Nishtha S Lalbhai – – – – 0.03 – – – – – (0.03) – Other transactions 1 Loans given Amal Ltd – – – – – – (3.59) – – – – – 2 Investments Preference Shares in Amal Ltd* – – – – – – (10.00) – – – – – Equity Shares in Anchor Adhesives Pvt Ltd – – – – – – (1.47) – – – – – 3 Advance given for Land Gujarat Synthwood Ltd 0.64 – – – – – – – – – – – 4 Advance adjusted Amal Ltd 1.90 – – – – – – – – – – – Outstanding balances as at year end 1 Payables Atul Infotech Ltd 0.29 – – – – – – – – – – – M. Dohmen S.A. 0.76 – – – – – – – – – – – LAPOX Polymers Ltd – – 0.17 – – – – – (1.88) – – – 2 Receivables Amal Ltd 19.88 – – – – – (15.26) – – – – – Gujarat Synthwood Ltd 0.96 – – – – – – – – – – – M. Dohmen S.A. 2.07 – – – – – (0.18) – – – – – Related party relationship is as identified by the Company on the basis of information available with the Management and relied upon by the Auditors. * Preference Shares have been issued by Amal Ltd worth ` 10.00 cr in terms of BIFR order. NOTE 27.5 (c) Details of material transactions with related parties (contd) Notes to Consolidated financial statements