181 Corporate Overview Performance Overview Financial Statements Governance Overview Statutory Reports No. Name of the related party Description of relationship Mahalakshmi Subramanian1 Independent Director Jyotin Mehta Independent Director Dipali Sheth Independent Director Drushti Desai Independent Director Venkatraman Srinivasan Independent Director Yogesh Vyas Chief Financial Officer Ankit Mankodi Company Secretary 9. Close family members of Key Management Personnel Vimla Lalbhai Mother of Sunil Lalbhai Swati Lalbhai Sister of Sunil Lalbhai Taral Lalbhai Sister of Sunil Lalbhai 1 Retired during the year | 2 Retired during previous year (` lakh) Note 28.3 (B) Transactions with related parties 2024-25 2023-24 a) Sales and income 1. Sale of goods 4,755.96 3,062.68 Atul Ltd 4,746.20 3,040.71 Atul Products Ltd 9.76 21.97 2. Reimbursement received - 0.50 Atul Ltd - 0.50 b) Purchases and expenses 1. Purchase of goods 5.96 51.01 Atul Ltd 5.96 51.01 2. Business auxiliary services 231.03 182.20 Atul Ltd 231.03 182.20 3. Interest on unsecured loan 25.99 46.23 Rudolf Atul Chemicals Ltd 25.99 46.23 4. EDP software expenses 16.29 35.06 Atul Ltd - 5.78 Atul Infotech Ltd 16.29 29.28 5. Reimbursement of expenses 0.57 0.41 Atul Ltd 0.57 0.41 Note 28.3 Related party disclosures (continued)
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