129 / 236
127
(
`
cr)
Note 27.4 (H) Outstanding balances as at year end
(continued)
As at
March 31, 2017
As at
March 31, 2016
As at
April 01, 2015
b) With joint venture company
01 Inter Corporate Deposits payable
1
–
10.50
–
02 Interest payable on Inter Corporate Deposits
–
0.03
–
03 Dividend receivable
3.72
–
–
04 Receivables
1.59
1.71
1.12
05 Refundable security deposit
2.60
2.80
2.80
06 Payables
–
0.02
–
All above balances are with Rudolf Atul Chemicals Ltd
¹ Inter Corporate Deposit taken from joint venture company for short-term periods at prevailing market rate.
(
`
cr)
c) With entity over which control exercised by Key
Management Personnel
As at
March 31, 2017
As at
March 31, 2016
As at
April 01, 2015
01 Payable
–
3.98
–
Aagam Holdings Pvt Ltd ¹
–
3.98
¹ Includes acceptances for bills discounted by third parties.
(
`
cr)
d) With Key Management Personnel
As at
March 31, 2017
As at
March 31, 2016
As at
April 01, 2015
01 Payable
0.01
0.01
0.01
Directors deposit payable
0.01
0.01
0.01
(
`
cr)
e) With Entities over which Key Management Personnel or
their close family members have significant influence
As at
March 31, 2017
As at
March 31, 2016
As at
April 01, 2015
01 Receivables
0.03
0.12
0.07
Atul Kelavani Mandal (Current year:
`
35,655)
0.09
0.06
Atul Rural Development Fund
0.01
0.01
–
Atul Vidyalaya
0.02
0.02
0.01
Urmi Stree Sanstha (Current year:
`
1,864)
–
–
02 Payables
0.03
–
–
Atul Rural Development Fund
0.03
–
–
Note 27.4 (I) Terms and conditions
01 Sales to and purchases from Related Parties were made on normal commercial terms and conditions and at
prevailing market prices or where market price is not available, at cost plus margin.
02 Transactions relating to dividends and subscriptions for new Equity shares were on the same terms and conditions
that applied to other Shareholders.
03 All outstanding balances are unsecured and are repayable in cash.
Notes
to the Financial Statements