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Atul Ltd | Annual Report 2013-14

NOTE 27.9 DETAILS OF ASSOCIATE COMPANIES CONSIDERED IN CONSOLIDATION:

(

`

cr)

Sr

No

Name of Associate

Companies

Country of

incorporation

Main activities Ownership

interest

and voting

power

Original

cost of

Investments

Amount of

goodwill |

(capital reserve)

included in

original cost

Accumulated loss

| (gain) at the year

end March 31

Carrying

amount of

investments at

the year end

March 31

A

B

C

D

E

F

G

H

I

2014 2013 2014 2013

1 Amal Ltd

India

Chemical

36.75% 5.15

(19.67)

33.84 36.74

2 Anchor Adhesives Pvt Ltd India

Adhesives

49.99% 1.47

1.27

0.15

0.15 1.48

1.48

3 AtRo Ltd

India

Agriculture

50.00% 0.50

– 0.33

0.34

4 Atul Ayurveda Ltd

India

Ayurvedic

50.00% 0.03

– 0.03

0.03

5 Atul Clean Energy Ltd India

Energy

20.00% 0.01

– 0.01

6 Atul Crop Care Ltd

India

Agriculture

50.00% 0.02

– (0.13)

(0.02)

0.08

0.03

7 Atul Elkay Polymer Ltd

India

Polymers

50.00% 0.03

– 0.01

– 0.02

8 Atul Entertainment Ltd India

Entertainment

50.00% 0.03

– 0.03

0.03

9 Atul Hospitality Ltd

India

Hospitality

50.00% 0.02

– 0.02

0.02

10 Atul Infotech Pvt Ltd* India

Information

Technology

50.00%

(0.08)

– (0.52)

– 0.13

11 Atul Medical Care Ltd India

Health Care

50.00% 0.03

– 0.03

0.03

12 Atul (Retail) Brands Ltd India

Retail

20.00% 0.01

– 0.01

13 Atul Seeds Ltd

India

Agriculture

50.00% 0.02

– 0.02

0.02

14 Gujarat Synthwood Ltd** India

Construction

34.87% 1.30

– 14.70 14.70

15 Jayati Infrastructure Ltd India

Infrastructure

50.00% 0.03

– 0.03

0.03

16 Lapox Polymer Ltd

India

Polymers

20.00% 0.01

(0.06)

(0.29)

– 0.01

17 M. Dohmen S.A.

Switzerland Textiles

50.00% 14.21

(45.72)

6.56 (3.41)

– 1.21

18 Osia Dairy Ltd

India

Dairy

50.00% 0.02

– 0.02

0.02

19 Osia Infrastructure Ltd India

Infrastructure

48.00% 0.02

– 0.02

* In current year, Company has become subsidiary company of Atul Ltd.

** Company under liquidation. Figures are based on March 31, 2013 Financial Statements.

Notes

to the Consolidated Financial Statements