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| 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:
xviii) E-mail ID of grievance redressal
office:
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