181 c) Defined contribution plans: Provident fund State defined contribution plans Employers’ contribution to employees’ state insurance Employers’ contribution to employees’ pension scheme 1995 The provident fund and the state-defined contribution plans are operated by the Regional Provident Fund Commissioner. Under the scheme, the Group is required to contribute a specified percentage of payroll cost to the retirement benefit scheme to fund the benefits. These funds are recognised by the income tax authorities. The contribution of the Group to the provident fund and other contribution plans for all employees is charged to the Consolidated Statement of Profit and Loss. The Group has recognised the following amounts in the Consolidated Statement of Profit and Loss for the year (refer Note 23): (` lakhs) Particulars 2023-24 2022-23 Contribution to provident fund 7.67 5.99 Contribution to employees pension scheme 1995 10.30 8.21 Contribution to employees’ state insurance 2.99 2.34 Contribution to employee depository linked insurance 0.62 0.49 21.58 17.03 Note 28.6 Fair value measurements Financial instruments by category (` lakhs) Particulars As at March 31, 2024 As at March 31, 2023 FVTPL FVTOCI Amortised cost FVTPL FVTOCI Amortised cost Financial assets Investments: Equity instruments 42.77 - - 42.77 - - Mutual funds 30.02 - - - - - Trade receivables - - 543.95 - - 421.38 Security deposits for utilities and premises - - 94.57 - - 144.51 Cash and bank balances - - 88.08 - - 286.34 Total financial assets 72.79 - 726.60 42.77 - 852.23 Note 28.5 Employee benefit obligations (continued)
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