106 / 260
Further, his proposed appointment is on the basis of the reports of his performance evaluation.
HĿDŽĚŠ ƥĺĚ îċūDŽĚȡ ČūƑƑūċūƑîƥĚē ċNj ƥĺĚ DŽîŕƭîċŕĚ ČūŠƥƑĿċƭƥĿūŠ ŞîēĚ ċNj qƑ ƑūƑîȡ ƥĺĚ ūîƑē Ŀƙ ūlj ƥĺĚ DŽĿĚDž ƥĺîƥ ĺĿƙ ČūŠƥĿŠƭĚē
îƙƙūČĿîƥĿūŠ DžĿŕŕ ċĚ ċĚŠĚǛČĿîŕ ƥū ƥĺĚ ūŞƎîŠNjȦ
ČūƎNj ūlj ƥĺĚ ēƑîljƥ ŕĚƥƥĚƑ ljūƑ îƎƎūĿŠƥŞĚŠƥ ūlj qƑ ƑūƑî îƙ îŠ TŠēĚƎĚŠēĚŠƥ 'ĿƑĚČƥūƑ ƙĚƥƥĿŠij ūƭƥ ƥĺĚ ƥĚƑŞƙ îŠē ČūŠēĿƥĿūŠƙ DžĿŕŕ ċĚ
îDŽîĿŕîċŕĚ ljūƑ ĿŠƙƎĚČƥĿūŠ DžĿƥĺūƭƥ îŠNj ljĚĚ ċNj ƥĺĚ qĚŞċĚƑƙ îƥ ƥĺĚ ƑĚijĿƙƥĚƑĚē ūljǛČĚ ūlj ƥĺĚ ūŞƎîŠNj ēƭƑĿŠij ŠūƑŞîŕ ċƭƙĿŠĚƙƙ ĺūƭƑƙ
ūŠ îŠNj DžūƑŒĿŠij ēîNjȦ
qƑ ƑūƑî ēūĚƙ Šūƥ ĺūŕē ċNj ĺĿŞƙĚŕlj ūƑ ƥūijĚƥĺĚƑ DžĿƥĺ ĺĿƙ ƑĚŕîƥĿDŽĚƙ ƥDžū ƎĚƑČĚŠƥ ūƑ ŞūƑĚ ūlj ƥĺĚ ƥūƥîŕ DŽūƥĿŠij ƎūDžĚƑ ūlj ƥĺĚ ūŞƎîŠNjȦ
Accordingly, the Board recommends the resolution in item number 8 in relation to appointment of Mr Arora as an Independent
'ĿƑĚČƥūƑ ljūƑ ƙĚČūŠē ƥĚƑŞ ūlj ǛDŽĚ ČūŠƙĚČƭƥĿDŽĚ NjĚîƑƙ ljūƑ ƥĺĚ îƎƎƑūDŽîŕ ċNj ƥĺĚ qĚŞċĚƑƙ îƙ î ƙƎĚČĿîŕ ƑĚƙūŕƭƥĿūŠȦ
Memorandum of interest
Except Mr Arora, being an appointee, none of the Directors and Key Managerial Personnel of the Company and their relatives
îƑĚ ČūŠČĚƑŠĚē ūƑ ĿŠƥĚƑĚƙƥĚēȡ ǛŠîŠČĿîŕŕNj ūƑ ūƥĺĚƑDžĿƙĚȡ ĿŠ ƥĺĚ ƑĚƙūŕƭƥĿūŠ ƙĚƥ ūƭƥ îƥ ĿƥĚŞ ŠƭŞċĚƑ ǮȦ
Item number 9
In pursuance of Section 148(3) of the Companies Act, 2013 and Rule 14 of the Companies (Audit and Auditors) Rules, 2014,
the appointment of the Cost Auditors and their remuneration as recommended by the Audit Committee requires approval by
ƥĺĚ ūîƑē ūlj 'ĿƑĚČƥūƑƙ ȳ ūîƑēȴȦ ¹ĺĚ ƑĚŞƭŠĚƑîƥĿūŠ îŕƙū ƑĚƐƭĿƑĚƙ ƑîƥĿǛČîƥĿūŠ ċNj ƥĺĚ qĚŞċĚƑƙȦ
On the recommendation of the Audit Committee, the Board considered and approved appointment of the Cost Auditors,
R Nanabhoy & Co, Cost Accountants, for conducting Cost Audit of the applicable products in the category of Bulk Drugs,
Chemicals, Insecticides, Inorganic Chemicals, Organic Chemicals and their derivatives and Polymers at a remuneration of
`
ǨȦǬǯ ŕîŒĺƙ Ǝŕƭƙ ƥîNJĚƙ îƙ îƎƎŕĿČîċŕĚ îŠē ƑĚĿŞċƭƑƙĚŞĚŠƥ ūlj îČƥƭîŕ ƥƑîDŽĚŕ îŠē ūƭƥ ūlj ƎūČŒĚƥ ĚNJƎĚŠƙĚƙ ljūƑ ƥĺĚ ǛŠîŠČĿîŕ NjĚîƑ
ending March 31, 2020.
¹ĺĚ ūîƑē ƙĚĚŒƙ ƑîƥĿǛČîƥĿūŠ ūlj ƥĺĚ îljūƑĚƙîĿē ƑĚŞƭŠĚƑîƥĿūŠ ċNj ƥĺĚ qĚŞċĚƑƙ îŠē îČČūƑēĿŠijŕNj ƑĚƐƭĚƙƥƙ ƥĺĚĿƑ îƎƎƑūDŽîŕ ūlj ƥĺĚ
ordinary resolution.
Memorandum of interest
sūŠĚ ūlj ƥĺĚ 'ĿƑĚČƥūƑƙ ūƑ eĚNj qîŠîijĚƑĿîŕ ¡ĚƑƙūŠŠĚŕ ūlj ƥĺĚ ūŞƎîŠNj îŠē ƥĺĚĿƑ ƑĚŕîƥĿDŽĚƙ îƑĚ ČūŠČĚƑŠĚē ūƑ ĿŠƥĚƑĚƙƥĚēȡ ǛŠîŠČĿîŕŕNj
ūƑ ūƥĺĚƑDžĿƙĚȡ ĿŠ ƥĺĚ ƙîĿē ƑĚƙūŕƭƥĿūŠȦ
¤ĚijĿƙƥĚƑĚē ūljǛČĚȠ
By order of the Board of Directors
Atul House
G I Patel Marg
Ahmedabad 380 014, Gujarat
(L P Patni)
India
ūŞƎîŠNj ¬ĚČƑĚƥîƑNj îŠē ĺĿĚlj ūŞƎŕĿîŠČĚ ~ljǛČĚƑ
CIN: L99999GJ1975PLC002859
April 26, 2019
TsȠ ūŞƎîŠNj TēĚŠƥĿǛČîƥĿūŠ sƭŞċĚƑ
¡sȠ ĚƑƥĿǛČîƥĚ ūlj ¡ƑîČƥĿČĚ sƭŞċĚƑ
'TsȠ 'ĿƑĚČƥūƑ TēĚŠƥĿǛČîƥĿūŠ sƭŞċĚƑ
FRN: Firm Registration Number
Corporate Overview 01-22
Statutory Reports 23-105
Financial Statements 107-250
104
Atul Ltd | Annual Report 2018-19