Atul Ltd 2017-18

Atul Ltd | Annual Report 2017-18 Part B: Associate and joint venture companies Statement pursuant to section 129 (3) of the Companies Act, 2013 related to joint arrangements ( ` cr ) No. Name of the company Latest audited Balance Sheet date Shares of associate | joint arrangements held by the Company on the year end Description of how there is significant influence Reason why the associate| joint arrangements 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 Joint venture company 01 Rudolf Atul Chemicals Ltd March 31, 2018 29,18,750 6.13 50.00% Refer Note 1 NA 11.18 12.00 4.23 4.81 Joint operation 01 Anaven LLP March 31, 2018 21.56 50.00% Refer Note 2 NA 18.51 0.01 0.01 0.01 Note 1: By representation on the Board of Directors of the joint venture company, the Company participates in the policy-making process. Note 2: This is a jointly controlled entity. Notes to the Consolidated Financial Statements