Atul Ltd 2011-12

Atul Ltd | Annual Report 2011-12 ( ` cr) Notes to financial statements NOTE 12 NON-CURRENT INVESTMENTS* As at March 31, 2012 As at March 31, 2011 Long-term investment Face Value** No of Shares Trade Investments, Unquoted Investments in Equity Instruments Bharuch Enviro Infrastructure Ltd 10 70,000 0.07 0.07 Narmada Clean Tech Ltd 10 6,48,962 0.65 0.65 0.72 0.72 Other investments Investments in Equity Instruments, Quoted In Associate Companies Amal Ltd 10 4,12,453 0.44 0.44 Less: Provision for diminution in value 0.40 0.40 0.04 0.04 In Others Novartis India Ltd 5 3,84,660 1.02 1.02 Arvind Ltd (refer Note 27.14) 10 41,27,471 46.64 46.64 ICICI Bank Ltd 10 19,823 0.14 0.14 Wyeth Ltd 10 13,69,895 1.50 1.50 BASF India Ltd 10 2,61,396 0.84 0.84 Jain Irrigation Systems Ltd**** 2 4,200 0.02 0.02 (2) (4,000) Nagarjuna Oil Refinery Ltd *** 1 31,500 - (-) 50.16 50.16 Investments in Equity Instruments, Unquoted In Subsidiary Companies Ameer Trading Corporation Ltd 7 5,00,000 5.00 5.00 Atul USA Inc (formerly known as Atul Americas Inc) US$ 1,000 2,000 6.29 6.29 Atul Europe Ltd £ 1 43,38,911 31.85 13.73 £ 1 (19,34,782) Less: Provision for diminution in value - 6.51 31.85 7.22 Atul Deutschland GmbH € 1,00,000 1 0.55 0.55 Less: Provision for diminution in value 0.11 0.11 0.44 0.44 Atul Brasil Quimicos Ltda R$ 1 6,00,000 1.74 - R$ 1 (-) - Atul China Ltd {formerly known as Atul International Trading (Shanghai) Co Ltd} US$ 4,10,000 1 1.84 1.84 Atul Rajasthan Date Palms Ltd ` 1,000 (Previous year ` 1,000) 1,000 1 Atul Bioscience Ltd (Previous year ` 10) 10 54,90,050 5.49 - 10 1 52.65 20.79