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Atul Ltd |
Annual Report 2009-10
Explanatory statement
The following Explanatory Statement, as required by Section 173 of the Companies Act, 1956, sets out all material facts
including the nature, concern or interest of the Directors in relation to the item of Special Business under item no 6
mentioned in the accompanying notice dated July 19, 2010
Item No 6
Mr V S Rangan was appointed as an Additional Director of the Company by the Board of Directors on July 19, 2010.
His details are as under:
Name
Mr V Srinivasa Rangan
Date of birth
February 13, 1960
Brief résumé
Mr V Srinivasa Rangan
was appointed as an Additional Director on July 19,
2010. He is Graduate in Commerce, Graduate Cost and Works Accountant and an
Associate of Institute of Chartered Accountants of India. He is Executive Director of
Housing Development Finance Corporation Ltd (HDFC). He has been associated with
HDFC since 1986. He was inducted in the Board of HDFC as an Executive Director
in January 2010 and prior to that he was Senior General Manager - Treasury. His
responsibilities include funds mobilization through deposits (retail and corporate),
bank loans, issuance of debentures and commercial papers, external commercial
borrowings, structured financing options, mortgage backed securitization, asset
liability management, risk management, financial accounting, taxation and capital
management.
Directorship in other
companies
Public Ltd Companies:
HDFC Ltd
HDFC Developers Ltd
HDFC Holdings Ltd
HDFC Investments Ltd
HDFC Property Ventures Ltd
HDFC Trustee Company Ltd
HDFC Venture Capital Ltd
Idhasoft Ltd
India Asset Recovery Management Ltd, Mauritius
IPFOnline Ltd
L & T Urban Infrastructure Ltd
OCM India Ltd
Private Ltd Companies :
Credila Financial Services Pvt Ltd
IVF Advisors Pvt Ltd
Ruralshores Business Services Pvt Ltd
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