Atul Ltd 2018-19

Note 29.18 Changes in accounting policies (continued) i) Revenue deferment of ` ǬȦǧǨ ČƑ ƑĚƎƑĚƙĚŠƥĿŠij ƭŠƙîƥĿƙǛĚē ƎĚƑljūƑŞîŠČĚ ūċŕĿijîƥĿūŠ ljūƑ ČūŞƎŕĚƥĚē ĚNJƎūƑƥ ČūŠƥƑîČƥƙ ĿŠ ČƭƑƑĚŠƥ year. ĿĿȴ /NJƎĚŠƙĚƙ ēĚljĚƑŞĚŠƥ ūlj ` ǬȦǧǨ ČƑ ƑĚƎƑĚƙĚŠƥĿŠij ƭŠƙîƥĿƙǛĚē ƎĚƑljūƑŞîŠČĚ ūċŕĿijîƥĿūŠ ljūƑ ČūŞƎŕĚƥĚē ĚNJƎūƑƥ ČūŠƥƑîČƥƙ ĿŠ ČƭƑƑĚŠƥ year. iii) Presentation of assets and liabilities related to contracts with customers: gĿîċĿŕĿƥĿĚƙ ƑĚŕîƥĿŠij ƥū ĚNJƎĚČƥĚē ēĿƙČūƭŠƥƙ ūlj ` ǩȦǯǨ ČƑ DžĚƑĚ ƎƑĚDŽĿūƭƙŕNj ƎƑĚƙĚŠƥĚē îƙ ūƥĺĚƑ ČƭƑƑĚŠƥ ǛŠîŠČĿîŕ ŕĿîċĿŕĿƥĿĚƙ îƑĚ ŠūDž included as contract liabilities. Advance from customers of ` ǪȦǫǫ ČƑ DžĚƑĚ ƎƑĚDŽĿūƭƙŕNj ƎƑĚƙĚŠƥĚē îƙ ūƥĺĚƑ ČƭƑƑĚŠƥ ŕĿîċĿŕĿƥĿĚƙ îƑĚ ŠūDž ĿŠČŕƭēĚē îƙ ČūŠƥƑîČƥ liabilities. Note 29.19 Events after the reporting period The proposed dividend on equity shares at ` ǧǫ ƎĚƑ ƙĺîƑĚ Ŀƙ ƑĚČūŞŞĚŠēĚē ċNj ƥĺĚ ūîƑē ūlj 'ĿƑĚČƥūƑƙ DžĺĿČĺ Ŀƙ ƙƭċŏĚČƥ ƥū ƥĺĚ approval of shareholders in the ensuing Annual General Meeting. Note 29.20 Authorisation for issue of the Consolidated Financial Statements The Consolidated Financial Statements were authorised for issue by the Board of Directors on April 26, 2019. In terms of our report attached For and on behalf of the Board of Directors For Deloitte Haskins & Sells LLP Chartered Accountants R A Shah S S Lalbhai ¹ ¤ HūƎĿ eîŠŠîŠ B S Mehta Chairman and Managing Director Samir R. Shah Whole-time Director and CFO S M Datta Partner V S Rangan L P Patni M M Chitale Company Secretary S A Panse B R Arora S A Lalbhai B N Mohanan Managing Director Mumbai Whole-time Director Directors Mumbai April 26, 2019 and President - U&S April 26, 2019 Consolidated | Notes to the Financial Statements ǨǪǭ