160 / 168
Atul Ltd | Annual Report 2014-15
Part ‘B’: Associates and joint venture companies
Statement pursuant to Section 129 (3) of the Companies Act, 2013 related to associate and joint venture companies
(`
cr)
No. Name of the company Latest audited
Balance Sheet
date
Shares of associate | joint venture
companies held by the company on
the year end
Description
of how there
is significant
influence
Reason
why the
associate|
joint venture
company
is not
consolidated
Net worth
attributable
to
shareholding
as per latest
audited
Balance
Sheet
Accumulated
profit | (loss)
Profit | (Loss) for the year
No.
Amount of
investment
Extent of
holding %
Considered in
consolidation
Not
considered in
consolidation
01 Amal Ltd
March 31, 2015 25,81,277
5.15
36.75%
}
Refer Note (1)
NA
(6.39)
(34.39)
–
(0.55)
02 Anchor Adhesives Pvt Ltd March 31, 2015 2,93,077
1.47
49.99%
NA
0.19
(0.20)
(0.02)
(0.02)
03 AtRo Ltd*
March 31, 2015 5,00,000
0.50
50.00%
NA
0.33
(0.33)
–
–
04 Atul (Retail) Brands Ltd
March 31, 2015 10,000
0.01
20.00%
NA
0.01
–
–
–
05 Atul Ayurveda Ltd
March 31, 2015 25,000
0.03
50.00%
NA
0.02
–
–
–
06 Atul Clean Energy Ltd
March 31, 2015 10,000
0.01
20.00%
NA
0.01
–
–
–
07 Atul Crop Care Ltd
March 31, 2015 25,000
0.02
50.00%
NA
0.17
0.29
0.07
0.08
08 Atul Elkay Polymer Ltd
March 31, 2015 24,998
0.03
50.00%
NA
0.01
(0.02)
(0.01)
–
09 Atul Entertainment Ltd
March 31, 2015 25,000
0.03
50.00%
NA
0.02
–
–
–
10 Atul Hospitality Ltd
March 31, 2015 25,000
0.02
50.00%
NA
0.02
–
–
–
11 Atul Medical Care Ltd
March 31, 2015 25,000
0.03
50.00%
NA
0.02
–
–
–
12 Atul Seeds Ltd
March 31, 2015 25,000
0.02
50.00%
NA
0.02
–
–
–
13 Jayati Infrastructure Ltd
March 31, 2015 25,000
0.03
50.00%
NA
0.02
–
–
–
14 Lapox Polymer Ltd
March 31, 2015 10,000
0.01
20.00%
NA
0.09
0.39
0.02
0.08
15 Osia Dairy Ltd
March 31, 2015 25,000
0.02
50.00%
NA
0.02
–
–
–
16 Osia Infrastructure Ltd
March 31, 2015 24,000
0.02
48.00%
NA
0.02
–
–
–
17 Rudolf Atul Chemicals Ltd
March 31, 2015 29,18,750
6.13
50.00% Refer Note (2)
NA
10.67
15.51
2.75
2.75
* Company is under liquidation.
Note:
(1) Holds, directly or indirectly through intermediaries, 20% or more of the voting power of the enterprise.
(2) a) By representation on the Board of Directors, participation in the policy making process.
b) Holds, directly 20% or more of the voting power of the company.
Notes
to the Consolidated Financial Statements