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Part B: Associate and joint venture companies
Statement pursuant to Section 129 (3) of the Companies Act, 2013 related to joint venture company
(
`
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 Rudolf Atul Chemicals Ltd March 31, 2017
2,918,750
6.13
50.00% Refer Note 1
NA
10.17
9.99
4.67
4.86
Note 1:
i)
By representation on the Board of Directors, participation in the policy making process.
ii)
Holds, directly 20% or more of the voting power of the company.
Notes
to the Consolidated Financial Statements