8 / 236
Atul Ltd | Annual Report 2016-17
We are committed to significantly enhancing value for our Stakeholders by:
fostering a spirit of continuous learning and innovation
adopting developments in science and technology
providing high quality products and services, thus becoming the most preferred partner
having people who practice Values and exemplify high standards of behaviour
seeking sustained, dynamic growth and securing long-term success
taking responsible care of the surrounding environment
improving the quality of life of the communities we operate in
Growing with Purpose
Mr Kasturbhai Lalbhai
(1894 – 1980)
The legacy of our Founder has been synonymous with three terms
in the broadest sense: excellence, perseverance and trusteeship.
We, the people of Atul, have the most onerous of responsibilities:
to expand and diversify business footprints and follow his figurative
footsteps. We will endeavour to achieve this remit in full measure.
Mr Balwantrai Mazumdar
(1902 – 1981)
An economist, Balwantrai Mazumdar was a voracious reader, sound thinker,
patient listener and farsighted professional. He created an atmosphere
of camaraderie that brought out the collective best of the people of Atul.
He was the moving force behind making Atul Complex one of the largest
eco-friendly chemical sites 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 our Founder.
Mr Siddharth Kasturbhai
(1923 – 1998)
A chemical engineer and the elder son of our Founder, Siddharth Kasturbhai
dedicated his life to the development of Atul Conglomerate, according equal
value to the creation of wealth and service to society. The principles he upheld
of trusteeship in governance, the personal qualities he lived by of integrity,
perseverance, a low profile, simplicity and the single-minded devotion
he gave to the tasks on hand will remain our guiding force.