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Atul Ltd
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Annual Report 2009-10
SCHEDULE 16 NOTES FORMING PART OF THE CONSOLIDATED ACCOUNTS
(contd)
Schedule
forming part of the Consolidated accounts
7(b)
Material transactions with related parties (contd)
(Rs crores)
No
Nameoftherelatedparty
Associate
company
Enterpriseover
whichcontrol
exercisedbykey
management
personnel
Enterprise
overwhich
significant
influence
exercised
Key
management
personnel
Relativesof
key
management
personnel
Welfare
Funds
Sales and Income
1 Sale of goods
Atul Bioscience Limited
0.30
-
Atul Biospace Limited
0.18
(-)
Amal Limited
-
(0.07)
Purchases and Expenses
1 Services charges paid
Atul Bioscience Limited
1.67
(0.57)
Atul Biospace Limited
0.19
(0.05)
LAPOX Polymers Private Limited
0.34
-
Atul Infotech Private Limited
2.74
(1.97)
2 Remuneration
Mr Sunil S Lalbhai
1.55
(0.90)
Mr Samveg A Lalbhai
0.86
(0.63)
Mr B N Mohanan
0.56
(0.11)
Mr J L Shah
-
(0.85)
Mr C J Bent
0.07
(0.36)
3 Donations
Atul Rural Develpoment Fund
0.20
(0.20)
4 Contribution towards common expenses
Atul Kelavani Mandal
0.06
(0.11)
Atul Vidyalaya
0.20
(0.16)
Other transactions:
1 Loan given
Gujarat Synthwood Limited
-
(0.02)
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