Atul Ltd 2017-18

Atul Ltd | Annual Report 2017-18 ( ` cr) Note 10 Trade receivables As at March 31, 2018 As at March 31, 2017 a) Unsecured, considered good i) Trade receivables 579.84 413.46 ii) Related Parties (refer Note 27.4) 137.84 93.60 b) Unsecured, considered doubtful 2.60 3.16 Less: Allowance for doubtful debts 2.60 3.16 – – 717.68 507.06 ( ` cr) Note 11 Cash and cash equivalents As at March 31, 2018 As at March 31, 2017 a) Balances with banks In current accounts 20.09 5.28 b) Cash on hand 0.10 0.10 20.19 5.38 There are no repatriation restrictions with regard to cash and cash equivalents. ( ` cr) Note 12  Bank balances other than cash and cash equivalents above As at March 31, 2018 As at March 31, 2017 a) Unclaimed dividend 1.94 1.71 b) Unclaimed interest on public deposit 0.01 0.02 c) Short-term bank deposit with maturity between 3 to 12 months 0.03 0.10 1.98 1.83 ( ` cr) Note 13 Equity share capital As at March 31, 2018 As at March 31, 2017 Authorised 8,00,00,000 (March 31, 2017: 8,00,00,000) equity shares of ` 10 each 80.00 80.00 80.00 80.00 Issued 2,96,91,780 (March 31, 2017: 2,96,91,780) equity shares of ` 10 each 29.69 29.69 29.69 29.69 Subscribed 2,96,61,733 (March 31, 2017: 2,96,61,733) equity shares of ` 10 each, fully paid 29.66 29.66 29,991 (March 31, 2017: 29,991) Add: Forfeited shares (amount paid-up) 0.02 0.02 29.68 29.68 a) Rights, preferences and restrictions: The Company has one class of shares referred to as equity shares having a par value of ` 10 each. i) Equity shares: I n the event of liquidation of the Company, the holders of equity shares will be entitled to receive any of the remaining assets of the Company, after distribution of all preferential amounts and preference shares, if any. The distribution will be in proportion to the number of equity shares held by the Shareholders. Each holder of equity shares is entitled to one vote per share. ii) Dividend: T he Company declares and pays dividend in Indian rupees. The dividend proposed by the Board is subject to the approval of the Shareholders in the ensuing Annual General Meeting. b) Shares reserved for allotment at a later date: 56 equity shares are held in abeyance due to disputes at the time of earlier rights issues. Notes to the Financial Statements