Amal Ltd 2020-21

143 ( ` lakhs ) Note 23 Finance costs 2020-21 2019-20 Interest on redeemable and non-convertible preference shares carried at amortised cost 71.97 76.04 Interest on borrowings - secured loan - 98.50 Interest on borrowings - unsecured loan - 35.41 Other finance costs 0.88 0.09 72.85 210.04 ( ` lakhs ) Note 24 Other expenses 2020-21 2019-20 Plant operation charges 78.56 77.96 Freight charges 11.48 15.90 Effluent treatment expenses 29.86 23.12 Security services 29.45 28.05 Business auxiliary services 88.54 67.16 Legal and professional expenses 15.08 12.57 Rent 1.32 1.32 Rates and taxes 9.96 9.02 Remuneration to the Statutory Auditors a) Audit fees 6.35 5.60 b) Tax matters 1.38 1.28 Remuneration to the Internal Auditors 2.73 4.11 Directors’ fees 5.20 4.90 Reinstatement of creditors (refer Note 25.12) - 58.04 Loss on assets sold or discarded - 5.17 Expenditure on Corporate Social Responsibility initiatives 26.65 24.08 Miscellaneous expenses 44.25 23.95 350.81 362.23 Note 25.1 Contingent liabilities ( ` lakhs ) Particulars As at March 31, 2021 As at March 31, 2020 Claims against the Company not acknowledged as debts in respect of Sales tax 66.68 67.43