Atul Ltd 2016-17

187 Note 29.4 (A) Related Party information Name of the Related Party and nature of relationship Other Related Parties with whom transactions have taken place during the year No. Name of the Related Party Description of relationship In Atul Bioscience Ltd 1 Aagam Holdings Pvt Ltd Entity over which control exercised by Key Management Personnel 2 Samveg Agencies Pvt Ltd In Rudolf Atul Chemicals Ltd 3 Rudolf GmbH Entity over which control exercised by Joint venturer 4 Rudolf Duraner 5 Key Management Personnel S S Lalbhai Chairman and Managing Director S A Lalbhai Managing Director B N Mohanan Whole-time Director and President - U&S T R Gopi Kannan Whole-time Director and CFO R A Shah Non whole-time Director S S Baijal Non whole-time Director B S Mehta Non whole-time Director H S Shah Non whole-time Director S M Datta Non whole-time Director V S Rangan Non whole-time Director M M Chitale Non whole-time Director S A Panse Non whole-time Director B R Arora Non whole-time Director In Atul Bioscience Ltd P Chebiyyam Managing Director In Atul Europe Ltd E Sharkey Director In DPD Ltd A L Brackpool Director 6 Close family members of Key Management Personnel Vimlaben S Lalbhai Mother of S S Lalbhai Swati S Lalbhai Sister of S S Lalbhai Saumya S Lalbhai Son of S A Lalbhai Astha S Lalbhai Daughter of S S Lalbhai Nishtha S Lalbhai Daughter of S S Lalbhai 7 Welfare funds Atul Foundation Trust Entities over which Key Management Personnel or their close family members have significant influence Atul Kelavani Mandal Atul Rural Development Fund Atul Vidyalaya Urmi Stree Sanstha 8 Other Related Parties 1 The Atul Officers Retirement Benefit Fund Post-employment benefit plan of Atul Ltd Atul Products Ltd – Ankleshwar Division Employees' Provident Fund Trust Atul Limited Employees Gratuity Fund Post-employment benefit plan of Atul Bioscience Ltd Atul Bioscience Staff Gratuity Trust 1 Refer Note 29.6 for information on transactions with post - employment benefit plans mentioned above. Notes to the Consolidated Financial Statements