Atul Ltd 2014-15

9 will be inaugurated in 2015-16), will actualise further our enduring commitment to the society. All that our Company is doing, related to business or social work, is impossible without the most important asset, its people . I very much value the commitment and contributions of the members of Atul family, most of whom are ‘working behind the scenes’. Atul HR continued to focus on improving processes related to performance management and training and development. An improved Reward and Recognition Scheme has been evolved effective January 1, 2015. The Non-executive Directors on our Company Board are amongst the best; my colleagues and I are privileged to benefit from their varied experience and receive their constructive criticism, encouragement and guidance. Mr Gopal Patel chose to retire because of ill-health; the Board will miss a man with a keen eye for detail. Our Company has inducted three accomplished professionals, Mr Mukund Chitale, Ms Shubhalakshmi Panse and Mr Baldev Arora, as Independent Directors. India is on the threshold of unprecedented growth, and we will participate in this new story in different ways, by growing existing products, adding downstream products, introducing related products and seeding new products - all by enhancing focus on serving our customers and understanding their dynamic expectations. To make this happen, we will work with a steely resolve , with a spirit of solidarity and with a sense of common purpose which have always propelled businesses further. As a company whose inherent core Values are Indian – where growing is considered incomplete without caring and sharing – we will expand our business footprints while protecting the environment and serving the society with similar rigour. We are reinforcing this concept of Inclusiveness in our approach to business, and I am certain, as a Shareholder, you are equally convinced about the strength of this universal concept which has enabled our Company to sustain business and create value over a long period of time. As we ‘turn yet another page’ of our lives, may God bless us all to work for and write a brighter future. Sincerely, (Sunil Siddharth Lalbhai) Chairman and Managing Director When a company grows its business while caring for the environment and sharing (its knowledge, resources and profit) with the society, it is actually making its own journey sustainable; this is because it then no longer exists for its own narrow objective of profit, but instead becomes a part of the whole ecosystem – with this, it consists of every element of the whole, working for a larger purpose. Our legendary Founder, Mr Kasturbhai Lalbhai, established businesses keeping in focus this eternal truth, and the team Atul is endeavouring to carry forward this enriching legacy. New registered office of Atul in Ahmedabad (inaugurated on January 21, 2015)

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