Atul Ltd 2019-20

Corporate Overview Statutory Reports Financial Statements 01-21 22-91 92-228 154 Atul Ltd | Annual Report 2019-20 Note 28.13 Loans Disclosures pursuant to the Regulation 34(3) read with para A of Schedule V to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Section 186 (4) of the Companies Act, 2013. ( ` cr) Particulars Purpose Amount outstanding as at Maximum balance during the year March 31, 2020 March 31, 2019 2019-20 2018-19 Subsidiary companies: Amal Ltd* Interest free loan, pursuant to Board for Industrial and Financial Reconstruction order - 4.92 6.28 7.07 Atul Bioscience Ltd Purchase of manufacturing facility at Ambernath 17.50 - 17.50 - *at amortised cost Notes: a) Loans given to employees as per the policy of the Company are not considered. b) The loanees did not hold any shares in the share capital of the Company. Note 28.14 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, 2020 As at March 31, 2019 Principal amount due to suppliers registered under the MSMED Act and remaining unpaid as at year end 6.88 7.24 Interest due to suppliers registered under the MSMED Act and remaining unpaid as at year end (Current year: ` 460) 0.01 Principal amounts paid to suppliers registered under the MSMED Act, beyond the appointed day during the year (Current year: ` 42,745) 1.11 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 0.02 Interest due and payable towards suppliers registered under MSMED Act, for payments already made - - Further interest remaining due and payable for earlier years - - Note 28.15 Expenditure on Corporate Social Responsibility initiatives a) Gross amount required to be spent by the Company during the year is ` 9.60 cr b) Amount spent during the year on: ( ` cr) Particulars Paid Payable Total i) Construction | Acquisition of any asset - - - ii) On purposes other than (i) above 9.60 - 9.60