Atul Ltd 2018-19

f) Foreign currency translation reserve /NJČĺîŠijĚ ēĿljljĚƑĚŠČĚƙ îƑĿƙĿŠij ūŠ ƥƑîŠƙŕîƥĿūŠ ūlj ƥĺĚ ljūƑĚĿijŠ ūƎĚƑîƥĿūŠƙ îƑĚ ƑĚČūijŠĿƙĚē ĿŠ ūƥĺĚƑ ČūŞƎƑĚĺĚŠƙĿDŽĚ ĿŠČūŞĚ îƙ ēĚƙČƑĿċĚē ĿŠ îČČūƭŠƥĿŠij ƎūŕĿČNj îŠē îČČƭŞƭŕîƥĚē ĿŠ î ƙĚƎîƑîƥĚ ƑĚƙĚƑDŽĚ DžĿƥĺĿŠ ĚƐƭĿƥNjȦ ¹ĺĚ ČƭŞƭŕîƥĿDŽĚ îŞūƭŠƥ Ŀƙ ƑĚČŕîƙƙĿǛĚē ƥū ƥĺĚ ūŠƙūŕĿēîƥĚē ¬ƥîƥĚŞĚŠƥƙ ūlj ¡ƑūǛƥ îŠē gūƙƙ DžĺĚŠ ƥĺĚ ŠĚƥ ĿŠDŽĚƙƥŞĚŠƥ Ŀƙ ēĿƙƎūƙĚēȹūljljȦ ( ` cr) Note 16 Borrowings Maturity Terms of repayment Interest rate p.a. As at March 31, 2019 As at March 31, 2018 Current Non- current Current Non- current a) Secured i) Rupee term loan from banks (refer Note a) July, 2025 20 equal quarterly installments 8.90% - 27.82 - - December, 2025 22 equal quarterly installments 9% - 2.00 - - ii) Foreign currency term loan from banks (refer Note b) May, 2023 50 equal monthly installments 5.25% - 0.99 - - August, 2023 ǪǮ ĚƐƭîŕ monthly installments starting from September 2019 2.75% (Base rate + 2%) - 10.37 - - iii) Working capital loans from banks (refer Note c) 1 - 12 months Repayable on demand 9.75% - 10.15% ǪȦǩǨ - 3.38 - b) ÀŠƙĚČƭƑĚē i) Rupee term loan from a bank March, 2021 8 quarterly installments 9.70% - ǪȦǧǭ - - ii) Loan from banks including foreign banks 1 - 6 months 1 - 6 months 1.00% - 5.00% - - 1.00 - iii) Loan from Related Parties 1 - 6 months 1 - 6 months 9.25% 5.08 - 11.52 - iv) Deposit from the Directors 1 - 12 months 1 - 12 months 6.50% - - 0.01 - 9.40 45.35 15.91 - Amount of current maturities of long-term debt disclosed under the ĺĚîē Ȫ~ƥĺĚƑ ǛŠîŠČĿîŕ ŕĿîċĿŕĿƥĿĚƙȪ ȳƑĚljĚƑ sūƥĚ ǧǭȴ - (2.21) - - TŠƥĚƑĚƙƥ îČČƑƭĚē ēĿƙČŕūƙĚē ƭŠēĚƑ ƥĺĚ ĺĚîē Ƀ~ƥĺĚƑ ǛŠîŠČĿîŕ ŕĿîċĿŕĿƥĿĚƙɄȳƑĚljĚƑ Note 17) (0.08) - - - 9.32 43.14 15.91 - sūƥĚƙȠ îȴ ¤ƭƎĚĚ ƥĚƑŞ ŕūîŠƙ ljƑūŞ ċƙ îƑĚ ƙĚČƭƑĚē ċNj ĚNJČŕƭƙĿDŽĚ ČĺîƑijĚ ūŠ ƥĺĚ ƎƑūƎĚƑƥNjȡ ƎŕîŠƥ îŠē ĚƐƭĿƎŞĚŠƥ ūlj ƑĚƙƎĚČƥĿDŽĚ subsidiary companies, both present and future. ċȴ GūƑĚĿijŠ ČƭƑƑĚŠČNj ƥĚƑŞ ŕūîŠƙ ljƑūŞ ċƙ îƑĚ ƙĚČƭƑĚē ċNj ĚNJČŕƭƙĿDŽĚ ČĺîƑijĚ ūŠ ƥĺĚ ċƭĿŕēĿŠij ūlj ƑĚƙƎĚČƥĿDŽĚ ƙƭċƙĿēĿîƑNj ČūŞƎîŠĿĚƙȡ both present and future. c) Working capital loans repayable on demand from banks are secured by hypothecation of tangible current assets, namely, inventories and book debts and secured by second and subservient charge on immovable and movable assets of the ūŞƎîŠNj îŠē ČĚƑƥîĿŠ ƙƭċƙĿēĿîƑNj ČūŞƎîŠĿĚƙ ƥū ƥĺĚ ĚNJƥĚŠƥ ūlj ĿŠēĿDŽĿēƭîŕ ċ ŕĿŞĿƥ îƙ ŞĚŠƥĿūŠĚē ĿŠ ŏūĿŠƥ ČūŠƙūƑƥĿƭŞ ēūČƭŞĚŠƥƙȦ ¹ĺĿƙ îŕƙū ĚNJƥĚŠēƙ ƥū ijƭîƑîŠƥĚĚƙ îŠē ŕĚƥƥĚƑƙ ūlj ČƑĚēĿƥ ijĿDŽĚŠ ċNj ƥĺĚ ċĚƑƙ îijijƑĚijîƥĿŠij ƥū ` 102.31 cr (March 31, 2018: ` 88.30 cr). 210 Atul Ltd | Annual Report 2018-19 Corporate Overview 01-22 Statutory Reports 23-105 Financial Statements 107-250