Year Ended March 31, 2008 - Lumax Auto Technologies Ltd.
Year Ended March 31, 2008 - Lumax Auto Technologies Ltd.
Year Ended March 31, 2008 - Lumax Auto Technologies Ltd.
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<strong>Lumax</strong> <strong>Auto</strong> <strong>Technologies</strong> <strong>Ltd</strong>.(d)Reconciliation of opening and closing balances of benefit obligations and plan assetsParticularsChange in Projected Benefit Obligation (PBO)Projected benefit obligation at beginning of year *Current service costInterest costBenefits paidActuarial (gain) / lossGratuityUnfunded(Rs.)Projected benefit obligation at year end & change in plan assets:Fair value of plan assets at year end - Long TermFair value of plan assets at year end - Short TermNet funded status of the planNet amount recognized* Includes provisions relating to Corrugated Box which wasnon operational w.e.f 01.04.071,356,6351,035,699105,663(71,695)5,495---2,4<strong>31</strong>,79795,253Leave EncashmentUnfunded(Rs.)671,371710,30651,480(55,739)(176,684)1,200,734517,6741,718,4081,718,40820,3068. Related Party DisclosuresAs per Accounting Standard (AS-18), company's related party disclosure are as under :S.No. Name of Related Party RelationshipNature ofTransactionAmount ofTransactions (Rs)Closing Balance(Rs.)61
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