127 / 236
125
(
`
cr)
Note 27.4 (E) Key Management Personnel compensation
2016-17
2015-16
a) Remuneration
12.91
12.04
01 Short-term employee benefits
11.05
10.26
02 Post-employment benefits
1
0.92
0.82
03 Commission and other benefits to Non-executive | Independent
Directors
0.94
0.96
04 Interest on deposits from Directors (Current year:
`
9,000 and Previous
year:
`
9,045)
1
Compensation exclude provision for gratuity and compensated absences since these are based on actuarial valuation on an
overall company basis.
(
`
cr)
Note 27.4 (F) Close family members of Key Management Personnel
compensation
2016-17
2015-16
a) Remuneration
0.29
0.13
01 Saumya S Lalbhai
0.03
0.10
02 Astha S Lalbhai
0.19
–
03 Nishtha S Lalbhai
0.07
0.03
(
`
cr)
Note 27.4 (G) Transactions with entities over which Key Management
Personnel or their close family members have significant influence
2016-17
2015-16
a) Sales and income
01 Sale of goods
0.15
0.14
Atul Kelavani Mandal
0.04
0.03
Atul Rural Development Fund (Current year:
`
49,622)
0.01
Atul Vidyalaya
0.11
0.10
Urmi Stree Sanstha (Current year:
`
1,723)
–
02 Sale of capital goods
–
0.01
Atul Vidyalaya
–
0.01
b) Purchases and expenses
01 Reimbursement of expenses
Atul Vidyalaya (Current year:
`
2,500 and Previous year:
`
3,000)
Urmi Stree Sanstha (Current year:
`
14,433)
–
c) Other transactions
01 Expenditure on Corporate Social Responsibility initiatives
6.33
4.95
Atul Foundation Trust
4.83
3.64
Atul Rural Development Fund
1.50
1.31
02 Reimbursements received
0.06
0.05
Atul Kelavani Mandal (Current year:
`
42,171 and Previous year:
`
46,886)
Atul Vidyalaya
0.06
0.05
Notes
to the Financial Statements