Atul Ltd 2011-12

89 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)