Amal Ltd 2020-21

159 The table below provides details regarding the contractual maturities of lease liability as at March 31, 2021, on an undiscounted basis: ( ` lakhs ) Particulars As at March 31, 2021 Not later than 1 year 0.08 Later than 1 year and not later than 5 years 0.32 Later than 5 years 5.44 Total minimum lease payments payable 5.84 Note 25.11 Loans During the year, the Group has not entered into any transaction in nature of loans and advances which falls within the purview of Regulation 34(3) read with para A of Schedule V to the SEBI (listing obligations and disclosure requirements) Regulations, 2015 read with Section 186 (4) of the Companies Act, 2013. Note 25.12 Creditors restatement as per BIFR scheme The old unsecured creditors of ` 24.87 lakhs as at March 31, 2019, stated at 30% of payable amount as per the Modified Sanction Scheme MS-13, sanctioned by the Board of Industrial and Financial Reconstruction (BIFR), on July 01, 2013 are reinstated to ` 82.91 lakhs at 100%, asModifiedSanction Scheme MS-13 period is applicable till FY 2019-20. Increase in amount of creditors has been charged to Consolidated Statement of Profit and Loss. (refer Note 24) Note 25.13 Interest in other entities a) Subsidiary company The Group has incorporated a wholly-owned subsidary during the financial year 2020-21. It has share capital consisting solely of equity shares that are held directly by the Group and the proportion of ownership interests held equals the voting rights held by the Group. ( ` lakhs ) Name of entity Pricipal activities Place of business | Country of incorporation Ownership interest held by the Group As at March 31, 2021 % As at March 31, 2020 % Amal Speciality Chemicals Ltd Manufacturing of bulk chemicals India 100% - Note 25.10 Leases (continued)