Atul-2011-12

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Atul Ltd | Annual Report 2011-12
( `cr)
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
8 Interest paid on public
deposits
Mr Sunil S Lalbhai – – – 0.04 – –
– – – (0.04) – –
Dr Vimla S Lalbhai – – – – 0.02 –
– – – – (0.01) –
Ms Nishtha S Lalbhai – – – – 0.03 –
– – – – (0.03) –
Other transactions
1 Loans given
Amal Ltd – – – – – –
(3.59) – – – – –
2 Investments
Preference Shares in Amal
Ltd* – – – – – –
(10.00) – – – – –
Equity Shares in Anchor
Adhesives Pvt Ltd – – – – – –
(1.47) – – – – –
3 Advance given for Land
Gujarat Synthwood Ltd 0.64 – – – – –
– – – – – –
4 Advance adjusted
Amal Ltd 1.90 – – – – –
– – – – – –
Outstanding balances as
at year end
1 Payables
Atul Infotech Ltd 0.29 – – – – –
– – – – – –
M. Dohmen S.A. 0.76 – – – – –
– – – – – –
LAPOX Polymers Ltd – – 0.17 – – –
– – (1.88) – – –
2 Receivables
Amal Ltd 19.88 – – – – –
(15.26) – – – – –
Gujarat Synthwood Ltd 0.96 – – – – –
– – – – – –
M. Dohmen S.A. 2.07 – – – – –
(0.18) – – – – –
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 cr in terms of BIFR order.
NOTE 27.5 (c) Details of material transactions with related parties (contd)
Notes to Consolidated financial statements