Atul Ltd 2019-20
199 Consolidated | Notes to the Financial Statements No. Name of the related party Description of relationship 09 Close family members of Key Management Personnel Vimla S Lalbhai Mother of S S Lalbhai Swati S Lalbhai Sister of S S Lalbhai Astha S Lalbhai Daughter of S S Lalbhai Saumya S Lalbhai Son of S A Lalbhai Nishtha S Lalbhai Daughter of S S Lalbhai 10 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 Trust Urmi Stree Sanstha 11 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 Amal Limited Group Gratuity Scheme Trust Post-employment benefit plan of Amal Ltd Atul Bioscience Staff Gratuity Trust Post-employment benefit plan of Atul Bioscience Ltd Atul Crop Care Limited Employees Group Gratuity Assurance Scheme Post-employment benefit plan of Atul Crop Care Ltd The Trustees, Atul Finserv Ltd Employees Group Gratuity Scheme Post-employment benefit plan of Atul Finserv Ltd The Trustees, Atul Rajasthan Date Palms Ltd Post-employment benefit plan of Atul Rajasthan Date Palms Ltd Lapox Polymers Limited Employees Group Gratuity Assurance Scheme Post-employment benefit plan of Lapox Polymers Ltd Rudolf Atul Chemicals Limited Employees Group Gratuity Assurance Scheme Post-employment benefit plan of Rudolf Atul Chemicals Ltd 1 Refer Note 29.6 for information on transactions with post-employment benefit plans mentioned above. ( ` cr) Note 29.4 (B) Transactions with entity over which control exercised by Key Management Personnel 2019-20 2018-19 a) Other transactions 1 Loan taken - 5.00 Aagam Holdings Pvt Ltd - 5.00 2 Repayment of loan received - 11.50 Aagam Holdings Pvt Ltd - 11.50 3 Interest paid on loan - 0.60 Aagam Holdings Pvt Ltd - 0.60 4 Lease rent received Aagam Holdings Pvt Ltd (Current year: ` 15,000 and Previous year: ` 18,000) Aayojan Resources Pvt Ltd (Current year: ` 5,000 and Previous year: ` 16,000) Adhigam Investment Pvt Ltd (Current year: ` 10,000 and Previous year: ` 12,000) 5 Sale of property 0.73 - Aagam Holdings Pvt Ltd 0.73 - Note 29.4 Related party disclosures (continued)
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