RACL 2020-21

54 Trade receivables are valued considering the provision for allowance using expected credit loss method. In addition to the historical pattern of credit loss, the Company has considered the likelihood of increased credit risk, subsequent recoveries and consequential defaults, considering the emerging situations due to the COVID-19 pandemic. 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 the amounts are receivable. Allowance for doubtful debts recognised in the Statement of Profit and Loss of ` nil cr (March 31, 2020: ` 0.28 cr). (` lakhs) Note 7 Cash and cash equivalents As at March 31, 2021 As at March 31, 2020 Balances with banks i) In current accounts 60.31 14.52 ii) Indemanddeposit havingoriginal maturity of less than3months 1,340.89 698.36 1,401.20 712.88 There are no repatriation restrictions with regard to cash and cash equivalents. (` lakhs) Note 8 Bank balances other than cash and cash equivalents mentioned above As at March 31, 2021 As at March 31, 2020 Demand deposit having original maturity of more than 3 months but less than 12 months - 33.64 - 33.64 (` lakhs) Note 9 Other financial assets As at March 31, 2021 As at March 31, 2020 i) Other receivables (loan to employees) 2.03 0.82 ii) Interest accrued, but not due on inter-corporate deposits (refer Note 25.3 C) - 0.01 iii) Security and other deposits 5.69 - 7.72 0.83 (` lakhs) Note 10 Equity share capital As at March 31, 2021 As at March 31, 2020 Authorised 70,00,000 (March 31, 2020: 70,00,000) equity shares of ` 10 each 700.00 700.00 Issued, subscribed and fully paid-up 58,37,500 (March 31, 2020: 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, 2020 58,37,500 583.75 As at March 31, 2021 58,37,500 583.75

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