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Annual Report 2020-21 I Atul Foundation
Kasturbhai Lalbhai
(1894 - 1980)
The legacy of Kasturbhai Lalbhai has been synonymous with three
terms: excellence, perseverance and trusteeship.
Social responsibility must include sympathy, helpfulness and
willingness to forego self interest in order to promote the welfare,
happiness and contentment of others and of the country as a whole.
~ Kasturbhai Lalbhai
Balwantrai Mazumdar
(1902 -1981)
An economist, Balwantrai Mazumdar was a voracious reader, sound
thinker, patient listener and a farsighted professional. He created
an atmosphere of camaraderie that brought out the collective
best in the people of Atul. He was the moving force behind making
the rst site of Atul one of the largest eco-friendly manufacturing
facilities of its kind in the world. He remained with the Group till
the end of his life as did most of the people who worked with
Kasturbhai Lalbhai.
Siddharth Lalbhai
(1923 - 1998)
A chemical engineer and the elder son of our Founder, Siddharth
Lalbhai dedicated his life to the development of Atul. He accorded
equal value to creation of wealth and service to society. The
principles of trusteeship that he upheld, the personal qualities
of integrity, perseverance and simplicity that he lived by and the
single-minded devotion that he gave to tasks on hand will always
remain our guiding force.