Atul Ltd 2014-15

Atul Ltd | Annual Report 2014-15 Part ‘B’: Associates and joint venture companies Statement pursuant to Section 129 (3) of the Companies Act, 2013 related to associate and joint venture companies (` cr) No. Name of the company Latest audited Balance Sheet date Shares of associate | joint venture companies held by the company on the year end Description of how there is significant influence Reason why the associate| joint venture company is not consolidated Net worth attributable to shareholding as per latest audited Balance Sheet Accumulated profit | (loss) Profit | (Loss) for the year No. Amount of investment Extent of holding % Considered in consolidation Not considered in consolidation 01 Amal Ltd March 31, 2015 25,81,277 5.15 36.75% } Refer Note (1) NA (6.39) (34.39) – (0.55) 02 Anchor Adhesives Pvt Ltd March 31, 2015 2,93,077 1.47 49.99% NA 0.19 (0.20) (0.02) (0.02) 03 AtRo Ltd* March 31, 2015 5,00,000 0.50 50.00% NA 0.33 (0.33) – – 04 Atul (Retail) Brands Ltd March 31, 2015 10,000 0.01 20.00% NA 0.01 – – – 05 Atul Ayurveda Ltd March 31, 2015 25,000 0.03 50.00% NA 0.02 – – – 06 Atul Clean Energy Ltd March 31, 2015 10,000 0.01 20.00% NA 0.01 – – – 07 Atul Crop Care Ltd March 31, 2015 25,000 0.02 50.00% NA 0.17 0.29 0.07 0.08 08 Atul Elkay Polymer Ltd March 31, 2015 24,998 0.03 50.00% NA 0.01 (0.02) (0.01) – 09 Atul Entertainment Ltd March 31, 2015 25,000 0.03 50.00% NA 0.02 – – – 10 Atul Hospitality Ltd March 31, 2015 25,000 0.02 50.00% NA 0.02 – – – 11 Atul Medical Care Ltd March 31, 2015 25,000 0.03 50.00% NA 0.02 – – – 12 Atul Seeds Ltd March 31, 2015 25,000 0.02 50.00% NA 0.02 – – – 13 Jayati Infrastructure Ltd March 31, 2015 25,000 0.03 50.00% NA 0.02 – – – 14 Lapox Polymer Ltd March 31, 2015 10,000 0.01 20.00% NA 0.09 0.39 0.02 0.08 15 Osia Dairy Ltd March 31, 2015 25,000 0.02 50.00% NA 0.02 – – – 16 Osia Infrastructure Ltd March 31, 2015 24,000 0.02 48.00% NA 0.02 – – – 17 Rudolf Atul Chemicals Ltd March 31, 2015 29,18,750 6.13 50.00% Refer Note (2) NA 10.67 15.51 2.75 2.75 * Company is under liquidation. Note: (1) Holds, directly or indirectly through intermediaries, 20% or more of the voting power of the enterprise. (2) a) By representation on the Board of Directors, participation in the policy making process. b) Holds, directly 20% or more of the voting power of the company. Notes to the Consolidated Financial Statements