RACL 2019-20

54 Trade receivables are valued considering provision for allowance using expected credit risk, subsequent recoveries method. In addition to the historical pattern of credit loss, we have considered the likelihood of increased credit risk and consequential default considering emerging situations due to COVID-19. This assessment is considering the nature of industries, impact immediately seen in the demand outlook of these industries and the financial strength of the customers in respect of whom amounts are receivable. Allowance for doubtful debts recognised in the Statement of Profit and Loss of ` 0.28 cr (March 31, 2019: ` nil cr). (` lakhs) Note 8 Cash and cash equivalents As at March 31, 2020 As at March 31, 2019 Balances with banks i) In current accounts 14.52 5.66 ii) In demand deposit having original maturity of less then 3 months 698.36 319.05 712.88 324.71 There are no repatriation restrictions with regard to cash and cash equivalents. (` lakhs) Note 9 Bankbalances other than cashandcashequivalents above As at March 31, 2020 As at March 31, 2019 a) Demand deposit having original maturity of more than 3 months but less than 12 months 33.64 31.64 33.64 31.64 (` lakhs) Note 10 Other financial assets As at March 31, 2020 As at March 31, 2019 a) Security deposits i) Advances given for goods and services 0.82 1.60 ii) Interest accrued, but not due on inter corporate deposit (refer Note 26.3 C) 0.01 7.84 0.83 9.44 (` lakhs) Note 11 Equity share capital As at March 31, 2020 As at March 31, 2019 Authorised 70,00,000 (70,00,000) equity shares of ` 10 each 700.00 700.00 Issued, subscribed and fully paid-up 58,37,500 (58,37,500) equity shares of ` 10 each 583.75 583.75 (` lakhs) i) Movement in equity share capital Number of shares Equity share capital As at March 31, 2019 58,37,500 583.75 As at March 31, 2020 58,37,500 583.75

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