Atul Ltd 2008-09

| Annual Report 2008-09 41 xvi) Address of Mumbai office: 310B, Veer Savarkar Marg, Dadar (West), Mumbai 400028, Maharashtra, India xvii) Address for correspondence: Secretarial and Legal Department, Atul, 396020, District Valsad, Gujarat, India. E-mail: sec@atul.co.in xviii) E-mail ID of grievance redressal office: atul_ahd@atul.co.in xix) Nomination facility: A member can nominate a person who will have rights to shares and|or amount payable in respect of shares registered in his name in the event of his death. This facility is available to the Members of the Company. The nomination form can be obtained from the Company. xx) Consolidation of folios and avoidance of multiple folios: Members having multiple folios are requested to consolidate their folios into single folio and for this purpose send request along with the original certificates along with a request to the Share Transfer Agent specifying the folio number under which they desire to hold the shares. 13. Details of compliance with the mandatory requirements and extent of compliance with non-mandatory requirements 13.1 Compliance with the mandatory requirements The Company complied with the mandatory requirements of the Code of Corporate Governance as stipulated under Clause 49 of the Listing Agreement with the stock exchanges. 13.2 Extent of compliance with the non-mandatory requirements The Company complies with the following non-mandatory requirements 1. Remuneration Committee set up by the Board 2. Moving towards unqualified financial statements 3. EDIFAR filing compliance Other than above, the Company does not comply with non-mandatory requirements. 13.3 Certificate from the statutory Auditors of the Company, Dalal & Shah, Chartered Accountants, Mumbai, regarding compliance of conditions of Corporate Governance as stipulated in Clause 49 of the Listing Agreement is enclosed. Declaration by the Chairman and Managing Director under clause 49 of the Listing Agreement regarding compliance with business conduct guidelines (Code of Conduct) In accordance with Clause 49 I D of the Listing Agreement with the stock exchanges, all the Directors and senior management personnel have, respectively, affirmed compliance with the Code of Conduct as approved and adopted by the Board of Directors. For Atul Ltd Sunil S Lalbhai Mumbai Chairman and June 05, 2009 Managing Director AUDITORS’ CERTIFICATE To The Members of Atul Limited We have examined the compliance of conditions of Corporate Governance by Atul Limited for the year ended March 31, 2009, as stipulated in Clause 49 of the Listing Agreement of the said Company, with the stock exchanges. The compliance of the conditions of Corporate Governance is the responsibility of the management. Our examination was limited to a review of the procedures and implementations thereof, adopted by the Company for ensuring compliance of the conditions of Corporate Governance. It is neither an audit nor an expression of opinion on the financial statements of the Company. In our opinion and to the best of our information and according to the explanations given to us, and the representations made by the Directors and the management, we certify that the Company has complied with the conditions of Corporate Governance as stipulated in Clause 49 of the above mentioned Listing Agreement. We state that such compliance is neither an assurance as to the future viability of the Company nor the efficiency or effectiveness with which the management has conducted the affairs of the Company. For and on behalf of Dalal & Shah, Chartered Accountants Mumbai (Ashish S Dalal) June 05, 2009 Partner Membership No.033596