Atul Ltd 2019-20

Corporate Overview Statutory Reports Financial Statements 01-21 22-91 92-228 120 Atul Ltd | Annual Report 2019-20 ( ` cr) Note 5.1 Investments in subsidiary companies and joint venture company Face value 1 As at March 31, 2020 As at March 31, 2019 Number of shares Amount Number of shares Amount a) Investment in equity instruments (fully paid-up) Subsidiary companies | joint venture company measured at cost Quoted In subsidiary company measured at cost Amal Ltd 2,3 10 1,29,703 18.13 4,12,453 18.16 Unquoted In foreign subsidiary companies measured at cost Atul Brasil Quimicos Ltda R$ 1 7,04,711 2.03 7,04,711 2.03 Atul China Ltd US$ 4,10,000 1 0.92 1 0.92 Atul Deutschland GmbH € 1,00,000 1 - 1 - Atul Europe Ltd £ 1 32,88,911 24.14 32,88,911 24.14 Atul Middle East FZ-LLC AED 1,000 300 0.51 300 0.51 Atul USA Inc US$ 1,000 2,000 6.29 2,000 6.29 In Indian subsidiary companies measured at cost Aasthan Dates Ltd 10 20,98,000 2.10 20,98,000 2.10 Anchor Adhesives Pvt Ltd 10 5,86,155 2.28 5,86,155 2.28 Atul Bioscience Ltd 4 10 2,90,21,868 52.57 1,53,85,505 22.57 Atul Biospace Ltd 10 1,10,30,365 13.36 1,05,69,839 11.62 Atul Finserv Ltd 100 35,98,545 89.12 30,16,516 67.37 7 5,00,000 5.00 5,00,000 5.00 Atul Rajasthan Date Palms Ltd 1,000 30,001 3.00 30,001 3.00 Biyaban Agri Ltd 10 10,91,100 1.09 10,91,100 1.09 Raja Dates Ltd 10 40,95,500 4.10 40,95,500 4.10 In joint venture company measured at cost Rudolf Atul Chemicals Ltd 10 29,18,750 6.13 29,18,750 6.13 b) Investment in preference shares (fully paid-up) Subsidiary company measured at amortised cost Unquoted Amal Ltd (0% redeemable preference shares) 10 60,00,000 4.92 70,00,000 5.24 c) Subsidiary company measured at cost Atul Bioscience Ltd 8% optionally convertible cumulative redeemable preference shares 4 100 - - 20,00,000 20.00 235.69 202.55