Atul Ltd 2023-24

Corporate Overview Statutory Reports Financial Statements 233 (` cr) Note 30.4 (E) Key management personnel compensation 2023-24 2022-23 Remuneration1 19.90 21.97 1. Short-term employee benefits 17.19 19.24 2. Post-employment benefits1 1.27 1.25 3. Commission and other benefits to Non-executive | Independent Directors 1.44 1.48 1Compensation exclude provision for gratuity and compensated absences since these are based on actuarial valuation on an overall company basis. (` cr) Note 30.4 (F) Close family members of key management personnel compensation 2023-24 2022-23 Remuneration1 1.14 1.13 1. Astha S Lalbhai 0.52 0.51 2. Saumya S Lalbhai 0.34 0.35 3. Nishtha S Lalbhai 0.28 0.27 1Compensation exclude provision for gratuity and compensated absences since these are based on actuarial valuation on an overall company basis. (` cr) Note 30.4 (G) Transactions with entities over which key management personnel or their close family members have significant influence 2023-24 2022-23 a) Sales and income 1. Sale of goods 0.22 0.16 Atul Foundation Health Center 0.01 - Atul Kelavani Mandal 0.05 0.05 Atul Rural Development Fund 0.03 0.02 Atul Vidyalaya Trust 0.13 0.09 Urmi Stree Sanstha 0.00 0.00 2. Lease rent received 0.02 0.02 Atul Kelvani Mandal 0.02 0.02 Atul Rural Development Fund 0.00 0.00 Urmi Stree Sansthan 0.00 0.00 b) Purchases and expenses 1. Purchase of goods - 0.00 Atul Foundation Trust - 0.00 2. Reimbursement paid 0.03 0.06 Atul Foundation Trust - 0.02 Atul Rural Development Fund 0.03 0.04 Atul Vidyalaya Trust 0.00 - c) Other transactions 1. Expenditure on Corporate Social Responsibility initiatives 13.23 17.87 Atul Foundation Trust 12.45 7.76 Atul Rural Development Fund (previous year including ` 4.35 cr unspent CSR of 2021-22) 0.78 10.11 2. Reimbursements received 0.08 0.07 Atul Foundation Health Center 0.00 - Atul Foundation Trust 0.02 0.01 Atul Kelvani Mandal 0.00 0.00 Atul Rural Development Fund 0.01 0.00 Atul Vidyalaya Trust 0.05 0.06 3. Sale of CWIP - 0.90 Atul Rural Development Fund - 0.90 Note 30.4 Related party disclosures (continued)

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