131 / 220
129
(
`
cr)
Note 27.4 (E) Transactions with entity over which control exercised by
Key Management Personnel
2017-18
2016-17
a) Expenses
01 Reimbursements
0.03
Samveg Agencies Pvt Ltd (Current year:
`
22,550)
0.03
(
`
cr)
Note 27.4 (F) Key Management Personnel compensation
2017-18
2016-17
a) Remuneration
12.83
12.91
01 Short-term employee benefits
11.05
11.05
02 Post-employment benefits
1
0.76
0.92
03 Commission and other benefits to Non-executive Directors
1.02
0.94
04 Interest on deposits from Directors (Current year:
`
6,912 and Previous
year:
`
9,000)
1
Compensation exclude provision for gratuity and compensated absences since these are based on actuarial valuation on an
overall company basis.
(
`
cr)
Note 27.4 (G) Close family members of Key Management Personnel
compensation
2017-18
2016-17
a) Remuneration
0.35
0.29
01 Astha S Lalbhai
0.23
0.19
02 Saumya S Lalbhai
–
0.03
03 Nishtha S Lalbhai
0.12
0.07
(
`
cr)
Note 27.4 (H) Transactions with entities over which Key Management
Personnel or their close family members have significant influence
2017-18
2016-17
a) Sales and income
01 Sale of goods
0.18
0.15
Atul Kelavani Mandal
0.04
0.04
Atul Rural Development Fund (Previous year:
`
49,622)
0.01
Atul Vidyalaya
0.13
0.11
Urmi Stree Sanstha (Previous year:
`
1,723)
–
b) Purchases and expenses
01 Reimbursement of expenses
Atul Vidyalaya (Previous year:
`
2,500)
–
Urmi Stree Sanstha (Current year:
`
27,401 and Previous year:
`
14,433)
c) Other transactions
01 Expenditure on Corporate Social Responsibility initiatives
7.20
6.33
Atul Foundation Trust
5.80
4.83
Atul Rural Development Fund
1.40
1.50
02 Reimbursements received
0.05
0.06
Atul Kelavani Mandal (Current year:
`
13,153 and Previous year:
`
42,171)
Atul Vidyalaya
0.05
0.06
Notes
to the Financial Statements