Amal Ltd 2019-20

93 Funded schemes a) Defined benefit plans: Gratuity The gratuity fund is maintained with the Life Insurance Corporation of India under Group Gratuity scheme. ( ` lakhs ) Particulars Present value of obligation Fair value of plan assets Net amount As at March 31, 2018 Liabilities | (Assets) 4.91 (14.72) (9.81) Current service cost 0.67 - 0.67 Interest expense | (income) 0.38 (1.15) (0.77) Total amount recognised in profit and loss 1.05 (1.15) (0.10) Remeasurement (Gain) from change in financial assumptions 0.20 - 0.20 Return on plan assets, excluding amount included in interest expense (0.04) 0.13 0.09 Experience (gain) 0.48 - 0.48 Total amount recognised in other comprehensive income 0.64 0.13 0.77 Employer contributions - (0.06) (0.06) Benefit payments - As at March 31, 2019 Liabilities | (Assets) 6.60 (15.80) (9.20) Current service cost 1.01 - 1.01 Interest expense | (income) 0.49 (1.18) (0.69) Total amount recognised in profit and loss 1.50 (1.18) 0.32 Remeasurement (Gain) from change in financial assumptions 0.28 - 0.28 Return on plan assets, excluding amount included in interest expense (0.09) 0.05 (0.04) Experience (gain) (0.31) - (0.31) Total amount recognised in other comprehensive income (0.12) 0.05 (0.07) Employer contributions - (1.09) (1.09) Benefit payments (0.23) 0.23 - As at March 31, 2020 Liabilities | (Assets) 7.75 (17.79) (10.04) Note 26.5 Employee benefit obligations Notes to the Financial Statements