238 Atul Ltd | Annual Report 2022-23 Atul Ltd | Annual Report 2022-23 Atul Ltd Atul House G I Patel Marg Ahmedabad 380 014, Gujarat India Atul Ltd | Annual Report 2022-23 Reconnect | Reimagine | Regrow Corporate Overview Statutory Reports Financial Statements (` cr) Note 30.4 (E) Key Management Personnel compensation 2022-23 2021-22 Remuneration1 21.97 22.69 1. Short-term employee benefits 19.24 20.19 2. Post-employment benefits1 1.25 1.15 3. Commission and other benefits to Non-executive | Independent Directors 1.48 1.35 1Compensation exclude provision for gratuity and compensated absences since these are based on actuarial valuation on an overall company basis. (` cr) Note 30.4 (F) Close family members of Key Management Personnel compensation 2022-23 2021-22 Remuneration1 1.13 0.87 1. Astha S Lalbhai 0.51 0.40 2. Saumya S Lalbhai 0.35 0.26 3. Nishtha S Lalbhai 0.27 0.21 1Compensation exclude provision for gratuity and compensated absences since these are based on actuarial valuation on an overall company basis. (` cr) Note 30.4 (G) Transactions with entities over which Key Management Personnel or their close family members have significant influence 2022-23 2021-22 a) Sales and income 1. Sale of goods 0.16 0.12 Atul Kelavani Mandal 0.05 0.03 Atul Rural Development Fund 0.02 0.00 Atul Vidyalaya Trust 0.09 0.09 Urmi Stree Sanstha 0.00 0.00 2. Lease rent received 0.02 0.02 Atul Kelvani Mandal 0.02 0.02 Atul Rural Development Fund 0.00 - Urmi Stree Sanstha 0.00 - b) Purchases and expenses 1. Purchase of goods 0.00 0.01 Atul Foundation Trust 0.00 0.01 2. Reimbursement paid 0.06 - Atul Foundation Trust 0.02 - Atul Rural Development Fund 0.04 - c) Other transactions 1. Expenditure on Corporate Social Responsibility initiatives 17.87 7.51 Atul Foundation Trust 7.76 6.89 Atul Rural Development Fund (including ` 4.35 cr unspent CSR of 2021-22) 10.11 0.62 2. Reimbursements received 0.07 0.04 Atul Foundation Trust 0.01 0.00 Atul Kelavani Mandal 0.00 0.00 Atul Rural Development Fund 0.00 0.00 Atul Vidyalaya Trust 0.06 0.04 Urmi Stree Sanstha - 0.00 3. Sale of CWIP 0.90 - Atul Rural Development Fund 0.90 - Note 30.4 Related party disclosures (continued)
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