Atul-2011-12

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Notes to financial statements
( `cr)
NOTE 27.6 (C) Details of material transactions with related parties
No Name of the related party Subsidiary
companies
Joint
Venture
Company
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
6 Discount
Atul USA Inc (formerly known
as Atul Americas Inc) 0.30 – – – – – – –
(0.07) – – – – – – –
7 Donations
Atul Rural Development Fund – – – – – – – 0.57
– – – – – – – (0.33)
8 Contribution to common expenses
Atul Kelavani Mandal – – – – – – – 0.06
– – – – – – – (0.06)
Atul Vidyalaya – – – – – – – -
– – – – – – – (0.07)
9 Reimbursement
Ameer Trading Corporation Ltd 0.45 – – – – – – –
(0.12) – – – – – – –
Atul Europe Ltd - – – – – – – –
(1.01) – – – – – – –
Atul USA Inc (formerly known
as Atul Americas Inc) 0.47 – – – – – – –
(0.22) – – – – – – –
LAPOX Polymers Ltd – – – 0.95 – – –
– – – – – – –
10 Interest paid on public deposits
Mr Sunil S Lalbhai – – – – – 0.04 – –
– – – – – (0.04) – –
Dr Vimla S Lalbhai – – – – – – 0.02 –
– – – – – – (0.01) –
Ms Nishtha S Lalbhai – – – – – – 0.03 –
– – – – – – (0.03) –
Other transactions
1 Loans given
Ameer Trading Corporation Ltd 7.69 – – – – – – –
(7.40) – – – – – – –
Amal Ltd – – – – – – – –
– – (3.59) – – – – –
2 Repayment of loan given
Ameer Trading Corporation Ltd 12.42 – – – – – – –
– – – – – – – –
3 Direct investments made
Preference Shares of Amal Ltd* – – – – – – – –
– – (10.00) – – – – –
Equity Shares of Atul Europe Ltd 18.11 – – – – – – –
(6.83) – – – – – – –
Equity Shares of Anchor
Adhesives Pvt Ltd – – – – – – – –
– – (1.47) – – – – –
Equity Shares of Atul Brasil
Quimicos Ltda 1.74 – – – – – – –
– – – – – – – –
Equity Shares of Rudolf Atul
Chemicals Ltd – 3.00 – – – – – –
– – – – – – – –
(contd)