Atul Ltd 98 Annual Report 2023-24 Explanatory statement The following explanatory statement, as required by Section 102 of the Companies Act, 2013 and Regulation 36(5) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015, sets out material facts, including the nature and concern or interest of the Directors about item numbers 4, 5 and 6 mentioned in the accompanying Notice: Item number 4 The members in the AGM held on July 31, 2019, reappointed Mr Gopi Kannan Thirukonda as a Whole-time Director of the Company for a period of five years, effective October 17, 2019. The current term of his office is due to expire on October 16, 2024. It is now proposed to reappoint him as a Whole-time Director of the Company for a further period of three years commencing on October 17, 2024. On the recommendation of the Nomination and Remuneration Committee, the Board approved the proposal for his reappointment as a Whole-time Director. His brief résumé is given below: Name Mr Gopi Kannan Thirukonda Date of birth March 30, 1959 Brief résumé Mr Gopi Kannan Thirukonda joined the Company on October 29, 1993, and is a Whole-time Director since October 17, 2014. He is a Member of the Stakeholders Relationship Committee and the Risk Management Committee of the Board. Mr Gopi Kannan has 34 years of experience in various capacities and currently heads Assurance, Finance, Information Technology and Legal functions. Mr Gopi Kannan is a Member of the Institute of Chartered Accountants of India, the Institute of Cost and Management Accountants of India and the Institute of Company Secretaries of India and holds a postgraduate diploma in Management. Directorship in other companies Public companies Amal Ltd Atul Bioscience Ltd Atul Finserv Ltd – Chairman Atul Fin Resources Ltd Atul Nivesh Ltd Atul Polymers Products Ltd – Chairman Atul Rajasthan Date Palms Ltd Rudolf Atul Chemicals Ltd Foreign companies Atul China Ltd – Chairman Atul Deutschland GmbH – Chairman Membership in committees of other companies Chairman of committee Rudolf Atul Chemicals Ltd – Corporate Social Responsibility Committee Member of committees Amal Ltd – Corporate Social Responsibility Committee Amal Ltd – Stakeholders Relationship Committee Atul Bioscience Ltd – Audit Committee Rudolf Atul Chemicals Ltd – Audit Committee Rudolf Atul Chemicals Ltd – Nomination and Remuneration Committee Cessation from directorship of listed company in past three years Nil Relationship with other Directors None Number of shares held in the Company 50 The terms of reappointment of Mr Gopi Kannan are in accordance with applicable provisions of the Companies Act, 2013.
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