230 Annual Report 2023-24 Atul Ltd Note 30.2 Commitments 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, 2024 As at March 31, 2023 Estimated amount of contracts remaining to be executed and not provided for (net of advances): Property, plant and equipment 87.83 192.92 Note 30.3 Research and development Details of expenditure incurred on approved in-house research and development facilities: (` cr) Particulars 2023-24 2022-23 Capital expenditure 57.60 1.99 Recurring expenditure 33.96 31.22 91.56 33.21 Note 30.4 Related party disclosures Note 30.4 (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. Crawford Bayley & Co1 05. Samveg Agencies Pvt Ltd 06. Rudolf Atul Chemicals Ltd Joint venture company 07. Rudolf GmbH Entity over which control exercised by Joint venture partner 08. Rudolf Hub 1922 S.r.l 09. Key management personnel Sunil Lalbhai Chairman and Managing Director Samveg Lalbhai Managing Director Bharathy Mohanan Whole-time Director and President - U&S Gopi Kannan Thirukonda Whole-time Director and CFO Susim Datta Non-executive Director Mukund Chitale Non-executive Director Subhalakshmi Panse Non-executive Director Baldev Arora Non-executive Director Pradeep Banerjee Non-executive Director Rangaswamy Iyer Non-executive Director Sharadachandra Abhyankar Non-executive Director Sujal Shah Non-executive Director Amal Ltd Rajeev Kumar Managing Director Abhay Jadeja Director Mahalakshmi Subramanian Director Jyotin Mehta Director Dipali Sheth Director Drushti Desai Director Venkatraman Srinivisan Director
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