Atul Ltd 2019-20

Corporate Overview Statutory Reports Financial Statements 228 Atul Ltd | Annual Report 2019-20 01-21 22-91 92-228 Part 'B': Associates and joint venture companies Statement pursuant to Section 129 (3) of the Companies Act, 2013 related to joint arrangements ( ` cr) No. Name of the company Latest audited Balance Sheet date Shares of associate | joint arrangements held by the Company on the year end Description of how there is significant influence Reason why the associate| joint arrangements is not consolidated Net worth attributable to shareholding as per latest audited Balance Sheet Accumulated profit | (loss) Profit | (Loss) for the year No. Amount of investment Extent of holding % Considered in consolidation Not considered in consolidation Joint venture company 01 Rudolf Atul Chemicals Ltd March 31, 2020 2,918,750 6.13 50.00% Refer Note 1 NA 18.89 27.42 4.98 5.00 Joint operation 01 Anaven LLP March 31, 2020 61.88 50.00% Refer Note 2 NA 62.36 (4.16) (1.58) (1.58) Note 1: By representation on the Board of Directors of the joint venture company, the Company participation in the policy making process. Note 2: This is a jointly controlled entity.