Material Creditors

As of September 30, 2017, we have 122 creditors.

As per the Materiality Policy, creditors to whom an amount exceeding ₹ 219.06 million, which is 10% of our total consolidated trade payables for the period ending September 30, 2017, was outstanding, were considered ‘material’ creditors. Based on the above, there are two material creditors of our Company as on September 30, 2017 to whom an aggregate amount of ₹ 838.46 million or more was outstanding on such date details of which are given below:

S.N. Name of the Creditors Amount Outstanding (INR)
As on 30-09-2017
1. Power Grid Corporation of India Ltd ₹ 580.75 million
2. Krishnapatnam Port Company Ltd ₹ 257.71 million
₹ 838.46 million

Based on information available with our Company, there are no dues outstanding to micro and small enterprises as defined under the Micro, Small and Medium Enterprises Development Act, 2006, as of September 30, 2017.