Atul Ltd 2016-17

Atul Ltd | Annual Report 2016-17 Note 27.14 Disclosure requirement under MSMED Act, 2006 The Company has certain dues to suppliers (trade and capital) registered under Micro, Small and Medium Enterprises Development Act, 2006 (‘MSMED Act’). The disclosures pursuant to the said MSMED Act are as follows: ( ` cr) Particulars As at March 31, 2017 As at March 31, 2016 Principal amount due to suppliers registered under the MSMED Act and remaining unpaid as at year end 3.30 2.78 Interest due to suppliers registered under the MSMED Act and remaining unpaid as at year end 0.02 0.01 Principal amounts paid to suppliers registered under the MSMED Act, beyond the appointed day during the year 2.51 0.28 Interest paid, other than under Section 16 of MSMED Act, to suppliers registered under the MSMED Act, beyond the appointed day during the year – – Interest paid, under Section 16 of MSMED Act, to suppliers registered under the MSMED Act, beyond the appointed day during the year 0.01 0.34 Interest due and payable towards suppliers registered under MSMED Act, for payments already made – – Further interest remaining due and payable for earlier years – – Note 27.15 Disclosures on specified bank notes (SBNs) During the year, the Company had specified bank notes or other denomination notes as defined in the MCA notification G.S.R. 308(E) dated March 31, 2017 on the details of Specified Bank Notes (SBN) held and transacted during the period from November 08, 2016 to December 30, 2016 are as under: ( ` cr) Particulars SBN Other denomination notes Total Closing cash in hand as on November 08, 2016* 0.06 0.10 0.16 (+) Permitted receipts – – – (-) Permitted payments – 0.04 0.04 (-) Amount deposited in Banks 0.06 – 0.06 Closing cash in hand as on December 30, 2016 – 0.06 0.06 * Including amounts given as imprest and advances. The information in relation of other denomination is given in respect of balance as on November 08, 2016. Note 27.16 Expenditure on Corporate Social Responsibility initiatives a) Gross amount required to be spent by the Company during the year is ` 6.60 cr b) Amount spent during the year on: ( ` cr) Particulars In cash Yet to be paid Total i) Construction | acquisition of any asset – – – ii) On purposes other than (i) above 6.60 – 6.60 Notes to the Financial Statements