38. The Subsidiaries and Associates considered in the Consolidated Financial Statements:

Following Subsidiaries are considered in the Consolidated Financial Statements:

 

 

 

 

coumury of % of Ownership Interest
S.No Name of the Subsidiary Incorporation [December 31] March 31] March 31 [March 31
2020 2020 2019 2018
1 Craftsman Automation Singapore Pte Ltd* [Singapore 100% 100% 100% 100%
g| Craftsman Europe BV
(formerly Craftsman Marine B.V) Netherlands 100% 100% 100% 100%

 

 

 

 

 

 

 

 

“Note: the Company passed Board Resolution at their meeting held on 20th August 2019 to wind up the subsidiary in Singapore. However, the
process of winding up could not be initiated due to outbreak of COVID 19 pandemic. Craftsman Automation Singapore Pte. Ltd. has filed a
declaration of solvency with the Accounting and Corporate Regulatory Authority, Singapore on September 30, 2020. The subsidiary was non-

operational as on 31st December 2020.

Following Joint Venture is considered in the Consolidated Financial Statements:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

caaneeeer % of Ownership Interest
S.No Name of the Joint Venture Incornorsaon [December 31] March 31 | March31 | March 31
Ps 2020 2020 2019 2018
; | at Stahl Craftsman Enterprises Private
Limited India 30% 30% 30% 30%
39. Additional Information - Subsidiaries & Joint Ventures:
Additional Information, as required under Schedule III to the Companies Act, 2013 of entities consolidated as Subsidiaries & Joint Ventures.
Consolidated Net Assets
December 312020 March 31 2020 March 31 2019 March 31 2018
Name of the entity
% Amount | % Amount |% Amount | % ‘Amount
Parent Company
craftsman Automation Limited 101%] 7,803.37 101%] 7,290.05 102%] 6,972.13 103%] 6,154.27
Foreign Subsidiaries
aia Automation Singapore 0% 7 0% 0.54 0% (31.70) -1% (3138)
Craftsman Europe B.V 2% 181.12 2% 136.52 “1% (79.66) -2%| (110.52)
Sub Total
/Add/Less: Intragroup eliminations / -3%| (268.39) -3%| (238.12) 0% (28.18) -1% (4581)
adjustments
‘Total 100%| 7,716.11} 100%] 7,188.98] 100%] 6,832.59] 100%] 5,966.57
Consolidated Profit or Loss
Name ofthe entit December 312020 March 312020 March 312019 March 312018
ame of the entity % Amount |% Amount ___|% Amount |[% ‘Amount
Parent Company
craftsman Automation Limited 100% 505.34 92% 377.17 95% 920.27 97% 305.01
Foreign Subsidiaries
eattsman ‘Automation Singapore aK - aig (139) aig nea tis 58
Craftsman Europe B.V -1% (531) 9% 36.13 5% 52.59 1% 1.93
Sub Total
lAdd/Less: Intragroup eliminations / ig “e ‘i ian ‘i aa 5 ay
adjustments
‘Total 100%] 506.60} 100%] 410.73) 100%] 973.67] 100%] 315.34

 

 

 

 

 

 

 

 

 

 

 

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