Atul Ltd 2022-23

169 Note 29.4 Related party disclosures (continued) (` cr) Note 29.4 (J) Outstanding balances as at year end As at March 31, 2023 As at March 31, 2022 c) With joint operation 1. Receivables 3.16 0.86 2. Payables 6.86 12.22 3. Loan receivable 53.98 68.28 4. Interest accrued on loan given 2.04 0.93 All above balances are with Anaven LLP. (` cr) Note 29.4 (J) Outstanding balances as at year end As at March 31, 2023 As at March 31, 2022 d) With entity over which control exercised by Key Management Personnel 1. Receivables 0.00 - Aagam Holdings Pvt Ltd 0.00 - 2. Payables 0.01 - Crawford Bayley & Co 0.01 - (` cr) Note 29.4 (J) Outstanding balances as at year end As at March 31, 2022 As at March 31, 2021 e) With entities over which Key Management Personnel or their close family members have significant influence 1. Receivables 0.05 0.02 Atul Foundation Trust 0.02 0.00 Atul Kelavani Mandal 0.01 0.01 Atul Rural Development Fund 0.00 0.00 Atul Vidyalaya Trust 0.02 0.01 Urmi Stree Sanstha 0.00 0.00 2. Payables 0.05 0.04 Atul Foundation Trust 0.00 - Atul Vidyalaya Trust 0.05 0.04 Note 29.4 (K) Terms and conditions 1. Sales to and purchases from related parties were made on normal commercial terms and conditions and at prevailing market prices or where market price is not available at cost plus margin. 2. Transactions relating to dividends were on the same terms and conditions that applied to other shareholders. Subscriptions of additional equity shares were on preferential basis. 3. All outstanding balances are unsecured and are repayable in cash and cash equivalent.

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