PRIVI SPECIALITY CHEMICALS LIMITED Annual Report 2020-21

90 PRIVI SPECIALITY CHEMICALS LIMITED (Formerly known as Fairchem Speciality Limited) A. Equity share capital As at March 31, 2021 As at March 31, 2020 (Restated) Balance at the beginning of the year 3,906.27 3,906.27 Changes in equity share capital during the year – – Balance at the end of the year 3,906.27 3,906.27 B. Other equity Reserves and Surplus General reserve Retained earnings* Capital Reserve (refer note 42) Total Balance as at April 01, 2019 (refer note 42) 35,573.76 6,484.16 1.00 42,058.92 Transition Impact of Ind AS 116 – (12.92) – (12.92) Profit for the year – 14,401.69 – 14,401.69 Other comprehensive income (net of tax) – (68.99) – (68.99) Balance as at March 31, 2020 (Restated) 35,573.76 20,803.94 1.00 56,378.70 Profit for the year – 11,702.15 – 11,702.15 Other comprehensive income (net of tax) – (6.98) – (6.98) Total comprehensive income for the year – 11,695.17 – 11,695.17 Contribution by and distribution to the owners Dividend of Rs. 1.50 per share for the year ended March 31, 2020 (including dividend distribution tax) – (585.94) – (585.94) Balance as at March 31, 2021 35,573.76 31,913.17 1.00 67,487.93 * The Balance arising out of remeasurement of defined plans is adjusted against the available retained earnings. Notes to the standalone financial statements 3 to 43 Significant accounting policies 2 STANDALONE STATEMENT OF CHANGES IN EQUITY for the year ended March 31, 2021 (Currency: Indian Rupees in lakhs) The notes referred to above form an integral part of the standalone financial statements. As per our report of even date attached For B S R & Co. LLP For and on behalf of the Board of Directors Chartered Accountants Firm’s Registration No: 101248W/W-100022 Mahesh Babani D. B. Rao Chairman & Managing Director Executive Director Jayesh T Thakkar DIN: 00051162 DIN: 00356218 Partner Narayan S Iyer Ramesh Kathuria Membership No: 113959 Chief Financial Officer Company Secretary Membership No: 105320 Membership No: A-11214 Mumbai Mumbai Date : May 14, 2021 Date : May 14, 2021