Atul Ltd 2020-21

229 Statutory Report 22 - 87 Financial Statements 88 - 229 Corporate Overview 01 - 21 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 at the year end Description of significant influence Reason why the associate | joint arrangements are not consolidated Net worth attributable to shareholding as per the 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, 2021 29,18,750 6.13 50.00% Refer Note 1 NA 24.31 38.26 7.25 6.54 Joint operation 01. Anaven LLP March 31, 2021 67 50.00% Refer Note 2 NA 61.84 10.33 3.09 3.09 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.