Atul Ltd 2020-21

197 Statutory Report 22 - 87 Financial Statements 88 - 229 Corporate Overview 01 - 21 Others include claims on account of water charges and customer claims | potential claims. The regulatory claims are under litigation at various forums. The Group expects the outcome of the above matters to be in its favour and has, therefore, not recognised provision in relation to these claims. The above excludes interest | penalty unless demanded by the authorities. Note 29.2 Commitments a) Capital commitments Capital expenditure contracted for at the end of the reporting period but not recognised as liabilities is as follows: ( ` cr) Particulars As at March 31, 2021 As at March 31, 2020 Estimated amount of contracts remaining to be executed and not provided for (net of advances): Property, plant and equipment 64.81 109.24 Other commitment 1 1.36 - 1 Uncalled money pertaining to investment in partly paid equity shares of a listed entity. b) The Group has a commitment of ` nil (previous year: ` 5.12 cr) towards capital contribution to joint operation. Note 29.3 Research and Development Details of expenditure incurred on approved in-house Research and Development facilities: ( ` cr) Particulars 2020-21 2019-20 Other capital expenditure 3.24 4.56 Recurring expenditure 25.98 26.78 29.22 31.34 Note 29.4 Related party disclosures Note 29.4 (A) Related party information Name of the related party and nature of relationship No. Name of the related party Description of relationship 01. Aagam Holdings Pvt Ltd Entity over which control exercised by Key Management Personnel 02. Aayojan Resources Pvt Ltd 03. Adhigam Investments Pvt Ltd 04. Samveg Agencies Pvt Ltd 05. Rudolf Atul Chemicals Ltd Joint venture company 06. Rudolf GmbH Entity over which control exercised by joint venture partner 07. Rudolf Hub 1922 S.r.l 08. Key Management Personnel S S Lalbhai Chairman and Managing Director S A Lalbhai Managing Director B N Mohanan Whole-time Director and President - U&S T R Gopi Kannan Whole-time Director and CFO R A Shah Non-executive Director