Amal Ltd | Annual Report 2023-24 (` lakhs) Note 28.3 (B) Transactions with related parties 2023-24 2022-23 4. EDP software expenses 35.06 10.65 Atul Ltd 5.78 10.65 Atul Infotech Ltd 29.28 - 5. Reimbursement of expenses 0.41 6.46 Atul Ltd 0.41 6.46 6. Lease rent expenses 0.01 0.01 Atul Ltd 0.01 0.01 c) Other transactions 1. Redemption of 0% redeemable and non-convertible preference shares - 200.00 Atul Ltd - 200.00 2. Loan (50.00) 500.00 Rudolf Atul Chemicals Ltd (50.00) 500.00 (` lakhs) Note 28.3 (C) Key Management Personnel compensation 2023-24 2022-23 Remuneration 28.25 17.38 1. Short-term employee benefits1 18.25 7.48 2. Sitting fees to Independent Directors 10.00 9.90 1 Compensation excludes provision for gratuity and compensated absences since these are based on actuarial valuation on an overall company basis. (` lakhs) Note 28.3 (D) Transactions with entities over which Key Management Personnel or their close family members have significant influence 2023-24 2022-23 Other transactions 1. Expenditure on Corporate Social Responsibility initiatives 12.05 20.85 Atul Foundation Trust 12.05 20.85 Note 28.3 Related party disclosures (continued)
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