Atul Ltd 2017-18

9 Learning Centre, Atul In addition to expanding capacities of several existing products, our Company is i) introducing new products in its seven non-retail businesses (each of which has well-conceived plans for related | downstream products) and ii) growing its two currently small retail businesses. Many of the limitations are generally internal – so higher performance will be a natural consequence when every concerned member of the team Atul, individually and collectively, looks within and becomes stronger – this is the endeavour. This gives me confidence that the long-term future will be beneficial to all the Stakeholders. I am privileged to be a part of the team Atul which is endeavouring improvements and excellence in every area of operations and serving the customers. My colleagues and I value the critical analysis, encouragement and guidance of the distinguished Non-executive Directors (the Board of our Company was rated amongst the best 50 in India by Korn Ferry Hay Group). The team Atul fully accepts the dynamic expectations of its customers; this cycle of evolution ensures continuous learning and improvement – I thank every member of the team who is engaged in this process and is helping our Company renew consistently. The financial results have shown again that future is not obliged to span out as planned, but I wish to assure you of the resolve of the team Atul to summon the courage and bring out the best to realise the potential of our Company. As our Company enters its 71 st year, we have pledged to ensure that we remain a learning organisation – learning never exhausts the mind; it enriches us to do better. We will focus on the three pillars of sustainability – economic, environmental and social – relentlessly no matter what the obstacles. We will work with hope leaving fear astern, and I pray that we become worthy of the unlimited opportunities. Sincerely, (Sunil Siddharth Lalbhai) Chairman and Managing Director There are five types of efforts required – envisioning (purpose), learning (knowledge), persevering (skill), introspecting (thoughtfulness) and perfecting (excellence) – before we see results. It may be difficult to see good results in a sustainable way unless this cycle of five steps is completed. It is our endeavour to internalise this approach to work. It is aptly said that the mind can explore the depths of oceans and the heights of mountains – this is its power, but to do this properly, it must first prepare, train and silence itself. The Learning Center at Atul is developed with the idea that learning is a continuous and never- ending process which makes us better human beings in our personal, professional, social and spiritual lives.