Corporate Overview Statutory Reports Financial Statements 261 Note 30.19 Utilisation of loans, advances and equity investment in entities a) Invested in intermediary entities (` cr) No. Name of intermediary entities Address CIN | LLPIN Relationship with the Company Nature of fund Relationship with the Company Date of funding Amount 01. Atul Finserv Ltd 310-B, Atul House, Veer Savarkar Marg, Dadar (West ), Mumbai 400 028, Maharashtra U51900MH1947PLC005453 Subsidiary company Loan July 21, 2023 25.00 02. Atul Finserv Ltd 310-B, Atul House, Veer Savarkar Marg, Dadar (West ), Mumbai 400 028, Maharashtra U51900MH1947PLC005453 Subsidiary company Equity investment April 26, 2023 10.00 b) Invested by intermediary entities in ultimate beneficiary entities (` cr) No. Name of intermediary entities Address CIN | LLPIN Relationship with the Company Nature of fund Relationship with the Company Date of funding Amount 01. Ananven LLP Survey 33 | P1, Atul, Gujarat 396020 (LLPIN)AAJ-4229 Subsidiary company Equity investment July 21, 2023 25.00 02. Atul Fin Resources Ltd East site, Atul, Valsad 396020, Gujarat U65990GJ2016PLC093639 Subsidiary company Equity investment April 26, 2023 10.00 Note 30.20 Relationship with struck off companies (` cr) No. Name of struck off company Nature of transactions with struck off company As at March 31, 2024 As at March 31, 2023 Balance Relationship Balance Relationship 01 Swarnim Agricare Private Ltd* Payable 0.00 Vendor 0.00 Vendor *Figures less than ` 50,000. Note 30.21 Other statutory information (as required by schedule III to the Companies Act, 2013) a) The Parent and Indian subsidiaries have not entered into any such transaction which is not recorded in the books of account that has been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961. b) The Parent and Indian subsidiaries have complied with the number of layers prescribed under Clause (87) of Section 2 of the Act read with Companies (Restriction on number of Layers) Rules, 2017. c) The Group is not declared a wilful defaulter by any bank or financial institution or other lender. d) The Group has not traded or invested in crypto currency or virtual currency during the financial year. e) The Group has not revalued its property, plant and equipment (including right-of-use assets) or intangible assets or both during the year. f) No proceedings have been initiated or are pending against the Parent and Indian subsidiaries for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and Rules made there under.
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