

Atul Ltd | Annual Report 2017-18
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 a high standard 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
Steered by Purpose
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.
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 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.
Kasturbhai Lalbhai
(1894 – 1980)
The legacy of our Founder has been synonymous with three terms: excellence,
perseverance and trusteeship. At Atul, we have the most onerous responsibility
to expand and diversify our footprint and follow his figurative footsteps.
We are endeavouring to achieve this remit in full measure.