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157

Note 28.8 Details of associate companies considered in consolidation:

(

`

cr)

No.

Name of associate

companies

Country of

incorporation

Main

industries

Ownership

interest

and voting

power

Original

cost of

investments

Amount of

goodwill |

(Capital reserve)

included in

original cost

Accumulated loss

| (gain) at the year

ended March 31

Carrying

amount of

investments at

the year ended

March 31

A

B

C

D

E

F

G

H

I

2016 2015 2016 2015

01 Amal Ltd

India

Chemical

36.74% 5.15

(19.67) 30.69 34.39

02 AtRo Ltd

*

India

Agriculture

50.00% 0.50

0.33

0.33

03 Atul (Retail) Brands Ltd India

Retail

43.05% 0.03

– 0.01

– 0.01

0.01

04 Atul Ayurveda Ltd

India

Ayurvedic

41.67% 0.03

– (0.02)

– 0.04

0.03

05 Atul Clean Energy Ltd India

Energy

28.47% 0.02

– 0.01

– 0.01

0.01

06 Atul Crop Care Ltd

India

Agriculture

26.00% 0.01

(0.01)

(0.65)

(0.29) 0.17

0.15

07 Atul Elkay Polymer Ltd

India

Polymers

50.00% 0.03

– 0.03

0.02 0.01

0.02

08 Atul Entertainment Ltd India

Entertainment

41.67% 0.03

– (0.02)

– 0.04

0.03

09 Atul Hospitality Ltd

India

Hospitality

41.67% 0.03

– (0.02)

– 0.03

0.02

10 Atul Aarogya Ltd

(formerly known as Atul

Medical Care Ltd)

India

Health Care

41.67% 0.03

– (0.07)

– 0.06

0.03

11 Atul Seeds Ltd

India

Agriculture

41.67% 0.03

– 0.02

0.02

12 Jayati Infrastructure Ltd India

Infrastructure

41.67% 0.03

– 0.03

0.03

13 Lapox Polymers Ltd

India

Polymers

20.00% 0.01

(0.06)

(0.56)

(0.39) 0.06

0.03

14 Osia Dairy Ltd

India

Dairy

41.67% 0.03

– 0.02

0.02

15 Osia Infrastructure Ltd India

Infrastructure

40.00% 0.02

– 0.02

0.02

*

Company under liquidation. Figures are based on May 31, 2014.

Notes

to the Consolidated Financial Statements