Atul-2011-12

Previous Page

Next Page

Page Background

123

NOTE 27.5 (C) Details of material transactions with related parties

(

`

cr)

No Name of the related party Associate

companies

Enterprises

over which

control

exercised by key

management

personnel

Enterprises

over which

significant

influence

exercised

Key

management

personnel

Relatives

of key

management

personnel

Welfare

funds

Sales and income

1 Sale of goods

M. Dohmen S.A.

2.60

–

–

–

–

–

(0.18)

–

–

–

–

–

Atul Bio Space Ltd

–

0.50

–

–

–

–

–

(0.57)

–

–

–

–

Purchases and expenses

1 Purchase of goods

M. Dohmen S.A.

3.92

–

–

–

–

–

–

–

–

–

–

–

Amal Ltd

9.00

–

–

–

–

–

(10.60)

–

–

–

–

–

2 Technical know-how fees

M. Dohmen S.A.

–

–

–

–

–

–

(0.30)

–

–

–

–

–

3 Service charges

Amal Ltd

0.07

–

–

–

–

–

(0.02)

–

–

–

–

–

Atul Infotech Ltd

1.17

–

–

–

–

–

(1.02)

–

–

–

–

–

LAPOX Polymers Ltd

–

–

2.59

–

–

–

–

–

(1.87)

–

–

–

4 Remuneration

Mr Sunil S Lalbhai

–

–

–

2.16

–

–

–

–

–

(1.63)

–

–

Mr Samveg A Lalbhai

–

–

–

1.18

–

–

–

–

–

(0.86)

–

–

Mr Bharathy N Mohanan

–

–

–

0.74

–

–

–

–

–

(0.62)

–

–

5 Donations

Atul Rural Development

Fund

–

–

–

–

–

0.57

–

–

–

–

–

(0.33)

6 Contribution to common

expenses

Atul Kelavani Mandal

–

–

–

–

–

0.06

–

–

–

–

–

(0.06)

Atul Vidyalaya

–

–

–

–

–

-

–

–

–

–

–

(0.07)

7 Reimbursement of expenses

Atul Bio Space Ltd

0.10

–

–

–

–

–

–

–

–

–

–

–

LAPOX Polymers Ltd

–

–

0.95

–

–

–

–

–

–

–

–

–

Notes

to Consolidated financial statements