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Atul Ltd | Annual Report 2017-18
Note 27.4 (A) Related Party information
(continued)
Name of the Related Party and nature of relationship
No. Name of the Related Party
Description of relationship
39 Key Management Personnel
S S Lalbhai
Chairman and Managing Director
S A Lalbhai
Managing Director
B N Mohanan
Whole-time Director and President - U&S
T R Gopi Kannan
Whole-time Director and CFO
R A Shah
Non-executive Director
S S Baijal
Non-executive Director
B S Mehta
Non-executive Director
H S Shah
Non-executive Director
S M Datta
Non-executive Director
V S Rangan
Non-executive Director
M M Chitale
Non-executive Director
S A Panse
Non-executive Director
B R Arora
Non-executive Director
40 Close family members of Key Management Personnel
Vimla S Lalbhai
Mother of S S Lalbhai
Swati S Lalbhai
Sister of S S Lalbhai
Astha S Lalbhai
Daughter of S S Lalbhai
Saumya S Lalbhai
Son of S A Lalbhai
Nishtha S Lalbhai
Daughter of S S Lalbhai
41 Welfare funds
Atul Foundation Trust
Entities over which Key Management
Personnel or their close family members
have significant influence
Atul Kelavani Mandal
Atul Rural Development Fund
Atul Vidyalaya
Urmi Stree Sanstha
42 Other Related Parties
4
The Atul Officers Retirement Benefit Fund
Post-employment benefit plan of Atul Ltd
Atul Products Ltd-Ankleshwar Division Employees' Provident Fund Trust
Atul Limited Employees Gratuity Fund
1
Investments held through subsidiary companies |
2
Associate company up to November 30, 2016 |
3
Under liquidation |
4
Refer Note 27.6 for information on transactions with post-employment benefit plans mentioned above.
(
`
cr)
Note 27.4 (B) Transactions with subsidiary companies
2017-18
2016-17
a) Sales and income
01 Sale of goods
497.97
457.64
Atul Bioscience Ltd
34.77
25.52
Atul Biospace Ltd
7.75
9.35
Atul China Ltd
69.88
78.70
Atul Europe Ltd
187.01
198.12
Atul Infotech Pvt Ltd (Previous year:
`
12,415)
–
Atul USA Inc
198.56
145.95
Notes
to the Financial Statements