253 Statutory Reports 24 - 109 Financial Statements 110 - 263 Corporate Overview 01 - 23 Note 29.15 Interests in other entities (continued) Name of the entity Principal activity Place of business | country of incorporation Ownership interest held by the Group Ownership interest held by the non-controlling interest As at March 31, 2022 As at March 31, 2021 As at March 31, 2022 As at March 31, 2021 % % % % Jayati Infrastructure Ltd Infrastructure India 100% 100% - - Osia Dairy Ltd Dairy India 100% 100% - - Osia Infrastructure Ltd Infrastructure India 100% 100% - - Raja Dates Ltd Agri products India 100% 100% - - Sehat Foods Ltd Food products India 100% - - - The Group holds 49.86% of equity share capital of Amal Ltd. Based on facts and circumstances including dispersion of holdings of other shareholders, common promoters of both the companies, operational dependency on the Company, the Group has concluded that Atul Ltd continues to control Amal Ltd as it has existing rights that give it the current ability to direct relevant activities of Amal Ltd. b) Non-controlling interests (NCI) Set out below the summarised financial information for the subsidiary company, which has non-controlling interests that are material to the Group. The amounts disclosed for the subsidiary company are before inter-company eliminations. (` cr) Summarised Balance Sheet Amal Ltd As at March 31, 2022 As at March 31, 2021 Current assets 4.81 26.10 Current liabilities 9.04 7.41 Net current assets (4.23) 18.69 Non-current assets 63.77 40.15 Non-current liabilities 1.14 2.87 Net non-current assets 62.63 37.28 Net assets 58.40 55.97 Accumulated NCI 29.12 27.91 (` cr) Summarised Statement of Profit and Loss Amal Ltd 2021-22 2020-21 Revenue 45.30 31.66 Profit for the year 2.43 8.85 Other comprehensive income (0.01) (0.01) Total comprehensive income 2.41 8.84 Profit allocated to NCI 1.21 4.43 Dividends paid to NCI - -
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