Amal Ltd | Annual Report 2024-25 Amal Ltd 72 logistics costs, strengthen sustainability and leverage the knowledge pool across functions. In the interest of the Company, the similar transactions were already approved by the members for the financial year 2023-24 and 2024-25. The relevant information pertaining to material-related party transactions with Atul as required under the SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/P/2021/662 dated November 22, 2021, is given below: No. Particulars Details | information pertaining to transactions 1 Nature of relationship Atul Ltd is promoter company of the Company. It holds 49.86% equity shares along with Atul Finserv Ltd in the Company. 2 Nature, material terms, monetary value, tenure and particulars of contracts or arrangement Arm’s length at mutually agreed terms and conditions 3 Any advance paid or received for the contract or arrangement, if any Nil 4 A statement that the valuation or other external report, if any, relied upon by the listed entity in relation to the proposed transaction will be made available through the registered email address of the shareholders The proposed transactions have been evaluated by an independent valuer in terms of pricing and arm’s length criteria and the report confirms that the proposed transactions are at an arm’s-length and in the ordinary course of business. 5 Percentage of the Company’s annual consolidated turnover for the immediately preceding financial year 2024-25, that is represented by the value of the proposed related party transactions Transaction by: Amal Ltd with Atul Ltd: 16% Amal Speciality Chemicals Ltd with Atul Ltd: 19% 6 Justification for why the proposed transaction is in the interest of the listed entity The transactions will help the Company and ASC achieve synergy and economies of scale. Further, the above transactions will help bring efficiency in operational and logistics costs, strengthen sustainability and leverage knowledge pool across functions. In the interest of the Company, similar transactions were already approved by the members for the years 2023-24 and 2024-25. 7 If the transactions relate to any loans, inter-corporate deposits, advances or investments made or given by the listed entity or its subsidiary Not applicable a) Details of the source of funds in connection with the proposed transaction Not applicable b) Where any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments: i) nature of indebtedness ii) cost of funds iii) tenure Not applicable
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