Atul Ltd 2017-18

129 ( ` cr) Note 27.4 (E) Transactions with entity over which control exercised by Key Management Personnel 2017-18 2016-17 a) Expenses 01 Reimbursements 0.03 Samveg Agencies Pvt Ltd (Current year: ` 22,550) 0.03 ( ` cr) Note 27.4 (F) Key Management Personnel compensation 2017-18 2016-17 a) Remuneration 12.83 12.91 01 Short-term employee benefits 11.05 11.05 02 Post-employment benefits 1 0.76 0.92 03 Commission and other benefits to Non-executive Directors 1.02 0.94 04 Interest on deposits from Directors (Current year: ` 6,912 and Previous year: ` 9,000) 1 Compensation exclude provision for gratuity and compensated absences since these are based on actuarial valuation on an overall company basis. ( ` cr) Note 27.4 (G) Close family members of Key Management Personnel compensation 2017-18 2016-17 a) Remuneration 0.35 0.29 01 Astha S Lalbhai 0.23 0.19 02 Saumya S Lalbhai – 0.03 03 Nishtha S Lalbhai 0.12 0.07 ( ` cr) Note 27.4 (H) Transactions with entities over which Key Management Personnel or their close family members have significant influence 2017-18 2016-17 a) Sales and income 01 Sale of goods 0.18 0.15 Atul Kelavani Mandal 0.04 0.04 Atul Rural Development Fund (Previous year: ` 49,622) 0.01 Atul Vidyalaya 0.13 0.11 Urmi Stree Sanstha (Previous year: ` 1,723) – b) Purchases and expenses 01 Reimbursement of expenses Atul Vidyalaya (Previous year: ` 2,500) – Urmi Stree Sanstha (Current year: ` 27,401 and Previous year: ` 14,433) c) Other transactions 01 Expenditure on Corporate Social Responsibility initiatives 7.20 6.33 Atul Foundation Trust 5.80 4.83 Atul Rural Development Fund 1.40 1.50 02 Reimbursements received 0.05 0.06 Atul Kelavani Mandal (Current year: ` 13,153 and Previous year: ` 42,171) Atul Vidyalaya 0.05 0.06 Notes to the Financial Statements