Atul Ltd 2018-19

Note 29.8 Financial risk management (continued) As at March 31, 2018 ( ` cr) Type of hedge and risks Notional value Carrying amount of hedging instrument Maturity (months) Weighted average strike price | interest rate Changes in fair value of hedging instrument Change in the value of hedged item used as the basis for recognising hedge effectiveness Assets Liabilities Assets Liabilities îƙĺ ǜūDž ĺĚēijĚ ` Ƞ À¬ɐ Foreign exchange risk GūƑĚĿijŠ ĚNJČĺîŠijĚ forward contracts 6.01 - 0.07 - 1-12 66.18 0.07 (0.07) Currency range options - ǨǪȦǨǨ - (0.02) 1-12 ǬǪȦǯǦȹǬǮȦǯǦ (0.02) 0.02 ċȴ 'ĿƙČŕūƙƭƑĚ ūlj ĚljljĚČƥƙ ūlj ĺĚēijĚ îČČūƭŠƥĿŠij ūŠ ǛŠîŠČĿîŕ ƎĚƑljūƑŞîŠČĚ As at March 31, 2019 ( ` cr) Type of hedge Change in the value of the hedging instrument recognised in other comprehensive income Hedge ineffectiveness recognised in ƎƑūǛƥ ūƑ ŕūƙƙ ŞūƭŠƥ ƑĚČŕîƙƙĿǛĚē ljƑūŞ Čîƙĺ ǜūDž hedging reserve to ƎƑūǛƥ ūƑ ŕūƙƙ Financial Statement line item affected îƙĺ ǜūDž ĺĚēijĚ GūƑĚĿijŠ ĚNJČĺîŠijĚ ƑĿƙŒ 1.22 - 0.05 Trade receivable and payable As at March 31, 2018 ( ` cr) Type of hedge Change in the value of the hedging instrument recognised in other comprehensive income Hedge ineffectiveness recognised in ƎƑūǛƥ ūƑ ŕūƙƙ ŞūƭŠƥ ƑĚČŕîƙƙĿǛĚē ljƑūŞ Čîƙĺ ǜūDž hedging reserve to ƎƑūǛƥ ūƑ ŕūƙƙ Financial Statement line item affected îƙĺ ǜūDž ĺĚēijĚ GūƑĚĿijŠ ĚNJČĺîŠijĚ ƑĿƙŒ 0.05 - (0.73) Revenue and inventories qūDŽĚŞĚŠƥƙ ĿŠ Čîƙĺ ǜūDž ĺĚēijĿŠij ƑĚƙĚƑDŽĚ ( ` cr) Risk category Foreign currency risk Derivative instruments As at March 31, 2019 As at March 31, 2018 Balance at the beginning of the year 0.03 (0.48) Gain | (Loss) recognised in other comprehensive income during the year 1.22 0.05 ŞūƭŠƥ ƑĚČŕîƙƙĿǛĚē ƥū ƑĚDŽĚŠƭĚ ēƭƑĿŠij ƥĺĚ NjĚîƑ (0.03) ǦȦǪǮ ¹îNJ ĿŞƎîČƥ ūŠ îċūDŽĚ ȳǦȦǪǩȴ (0.02) Balance at the end of the year 0.79 0.03 236 Atul Ltd | Annual Report 2018-19 Corporate Overview 01-22 Statutory Reports 23-105 Financial Statements 107-250