Atul Ltd 2016-17

227 Part B: Associate and joint venture companies Statement pursuant to Section 129 (3) of the Companies Act, 2013 related to joint venture company ( ` 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 Rudolf Atul Chemicals Ltd March 31, 2017 2,918,750 6.13 50.00% Refer Note 1 NA 10.17 9.99 4.67 4.86 Note 1: i) By representation on the Board of Directors, participation in the policy making process. ii) Holds, directly 20% or more of the voting power of the company. Notes to the Consolidated Financial Statements