Atul Ltd 2020-21

154 Atul Ltd | Annual Report 2020-21 Particulars As at March 31, 2021 Date of Board meeting approving the buy-back January 29, 2021 Date of public announcement February 01, 2021 Buy-back opening date February 10, 2021 Number of shares bought back 74,682 Face value of shares bought back ` 10 Maximum buy-back price approved by the Board ` 7,250 Consideration paid towards buy-back (excluding transaction costs) ` 49.88 cr Pursuant to the buy-back, the Company has adjusted premium on buy-back of ` 6,668.58 per share aggregating ` 49.81 cr; ` 34.66 cr from securities premium account and ` 15.15 cr from general reserve. Further, an amount of ` 0.07 cr (equivalent to the face value of shares) has been transferred to capital redemption reserve. Buy-back expenses of ` 11.98 cr (including tax on buy-back) have been debited to general reserve. Note 28.19 Events after the reporting period There was no significant event after the end of the reporting period, which require any adjustment or disclosure in the Standalone Financial Statements. Note 28.20 Rounding off Figures less than ` 50,000 have been shown at actual in brackets. Note 28.21 Authorisation for issue of the Standalone Financial Statements The Standalone Financial Statements were authorised for issue by the Board on April 30, 2021. Note 28.18 Buy-back of shares (continued) In terms of our report attached For Deloitte Haskins & Sells LLP For and on behalf of the Board of Directors Chartered Accountants Samir R. Shah T R Gopi Kannan R A Shah S S Lalbhai Partner Whole-time Director and CFO B S Mehta Chairman and Managing Director L P Patni V S Rangan Company Secretary Directors S A Lalbhai Managing Director B N Mohanan Mumbai Whole-time Director Atul April 30, 2021 and President - U&S April 30, 2021