LD Ltd. has given below loans to the following borrowers during the financial year 2023-24. Mr. B an auditor wants your guidance regarding…

As additional regulatory requirements, following disclosures shall be made where Loans or Advances in the nature of loans are granted to promoters, Directors, KMPs and the related parties (as defined under Companies Act, 2013,) either severally or jointly with any other person, that are: repayable on demand or without specifying any terms or period of repayment. Type of Borrower Amount of loan or advance in the nature of loan outstanding (₹ in Lakhs) Percentage to the total Loans and Advances in the nature of loans (₹ in Lakhs) X (Promoter) 15 12.5% =15/120 X 100 Y (Director) 25 20.833% =25/120 X 100 Z (KMP) 05 4.167% =5/120 X 100 A (Related Party) 10 8.333% = 10/120 X 100