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SCHEDULE 16 NOTES FORMING PART OF THE CONSOLIDATED ACCOUNTS
(contd)
(c) Material transactions with related parties (contd)
(
`
crores)
No Name of the related party
Associate
companies
Enterprises over
which control
exercised by key
management
personnel
Enterprises
over which
significant
influence
exercised
Key
management
personnel
Relatives
of key
management
personnel
Welfare
Funds
2 Loan repaid
Atul Bioscience Ltd
4.30
-
-
-
-
-
( - )
-
-
-
-
-
3 Interest paid on fixed deposits
Mr Sunil S Lalbhai
-
-
-
0.04
-
-
-
-
-
(0.03)
-
-
Dr Vimla S Lalbhai
-
-
-
-
0.01
-
-
-
-
-
(0.01)
-
Ms Nishtha S Lalbhai
-
-
-
-
0.03
-
-
-
-
-
(0.02)
-
4 Investments
Preference Shares in Amal Ltd*
10.00
-
-
-
-
-
( - )
-
-
-
-
-
Equity Shares in Anchor Adhesives
Private Ltd
1.47
-
-
-
-
-
( - )
-
-
-
-
-
Equity Shares in Atul Bioscience Ltd
2.75
-
-
-
-
-
( - )
-
-
-
-
-
Preference Shares in Atul Infotech
Private Ltd
2.75
-
-
-
-
-
( - )
-
-
-
-
-
Equity Shares in M. Dohmen S.A.
14.21
-
-
-
-
-
( - )
-
-
-
-
-
Outstanding balances
1 Payables
LAPOX Polymers Private Ltd
-
-
1.88
-
-
-
-
-
(0.05)
-
-
-
2 Receivables
Amal Ltd
15.26
-
-
-
-
-
(21.29)
-
-
-
-
-
Atul Bioscience Ltd
8.68
-
-
-
-
-
(5.15)
-
-
-
-
-
Related party relationship is as identified by the Company on the basis of information available with the management and
relied upon by the Auditors.
* Preference Shares have been issued by Amal Ltd worth
`
10.00 crores in terms of BIFR order.
Schedules
forming part of the Consolidated accounts
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