|
17 Other financial liabilities |
||||||||
|
(₹ In Crore) |
||||||||
|
Particulars |
Non-current |
Current |
||||||
|
As at 31 March |
As at 31 March |
|||||||
|
2025 |
2024 |
2025 |
2024 |
|||||
|
|
||||||||
|
Security deposits |
– |
– |
126.40 |
36.45 |
||||
|
Unclaimed dividend |
– |
– |
27.87 |
29.75 |
||||
|
Directors' remuneration and commission payable [see note 39 of standalone financial statement] |
– |
– |
38.43 |
35.63 |
||||
|
Employee benefits payable |
– |
– |
329.01 |
208.07 |
||||
|
Derivative financial liability * |
18.56 |
– |
– |
– |
||||
|
Other payables |
31.66 |
– |
221.86 |
287.13 |
||||
|
50.22 |
– |
743.57 |
597.03 |
|||||
Refer note 34 for financial liabilities measured at amortised cost.
* Derivative transactions comprises Cross Currency Interest Rate Swaps (CCIRS) and Interest rate swap (IRS). The Company undertakes such transactions for hedging interest/foreign exchange risk on borrowings. The Asset Liability Management Committee periodically monitors and reviews the risks involved.
The notional amount for CCIRS represents underlying foreign currency borrowings for which the Company has entered to hedge the variable interest rate and foreign exchange risks.
The notional amount for IRS represents underlying India currency borrowings for which the Company has entered to hedge the variable interest rate risks.