PRIVI SPECIALITY CHEMICALS LIMITED Annual Report 2020-21

112 PRIVI SPECIALITY CHEMICALS LIMITED (Formerly known as Fairchem Speciality Limited) Particulars As at March 31, 2021 As at March 31, 2020 (Restated) 18 Trade payables a) Total outstanding dues of micro and small enterprises b) Total outstanding dues of creditors other than micro and small enterprises i) Payable to Related parties : (refer note 30) 2,156.60 1,600.70 ii) Payable to Others 15,886.02 14,128.93 18,042.62 15,729.63 The Company’s exposure to credit and currency and liquidity risk related to trade payables are disclosed in Note 33. Information as per the requirement of Section 22 of The Micro, Small and Medium Enterprises Development Act, 2006. a) (i) The principal amount remaining unpaid to any supplier at the end of accounting year included in trade payables – – (ii) The interest due on above – – The total of (i) & (ii) – – b) The amount of interest paid by the buyer in terms of Section 16 of the Act – – c) The amount of the payment made to the supplier beyond the appointed day during the accounting year – – d) The amounts of interest accrued and remaining unpaid at the end of financial year – – e) The amount of interest due and payable for the period of delay in making payment (which have been paid but beyond the due date during the year) but without adding the interest specified under this Act. – – f) the amount of further interest remaining due and payable even in the succeeding years, until such date when the interest dues above are actually paid to the small enterprise, for the purpose of disallowance of a deductible expenditure under Section 23 of the Micro, Small and Medium Enterprises Development Act, 2006. – – The above information has been determined to the extent such parties have been identified on the basis of information available with the Group and the same has been relied upon by the auditors. 19 Other financial liabilities Interest accrued but not due on borrowings 131.34 127.66 Payable for capital expenditure 5,505.61 4,583.78 Deposits 0.25 0.25 Salaries, wages and bonus payable 766.92 877.32 Derivative Instruments (refer note 14a) 637.03 1,615.18 Current maturities of long term debt (refer note 14a) 3,439.85 2,138.65 Interest on delayed payment of income tax 13.15 126.92 10,494.15 9,469.76 The Company’s exposure to credit and currency and liquidity risk related to the above financial liabilities are disclosed in Note 33. 20 Other current liabilities Statutory dues (including provident fund, tax deducted at source and others) 199.00 178.13 Advance from customers (refer note 37) 116.67 137.43 Provision for Stamp Duty on account of demerger – 29.90 315.67 345.46 NOTES TO THE STANDALONE FINANCIAL STATEMENTS for the year ended March 31, 2021 (Currency: Indian Rupees in lakhs)