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Atul Ltd |
Annual Report 2009-10
seven Non-executive Directors, two Promoter Directors and one Whole time Director. As against minimum
requirement of 50% of the Independent Directors as per the Listing Agreement, Independent Directors account
for 70% of the strength of the Board. The Non-executive Directors are eminent professionals, drawn from
amongst persons with experience in business, industry, finance, law and public enterprises.
Number Name
Directorships
in other
companies ¹
Memberships of the
Committee(s) of the
Board²
Chairmanships of
the Committee(s) of
the Board²
1
Chairman and Managing Director
Mr S S Lalbhai
5
3
-
2
Managing Director
Mr S A Lalbhai
3
1
1
3
Whole time Director
Mr B N Mohanan
4
-
-
Independent Directors
4 Mr G S Patel
-
1
1
5 Dr S S Baijal
4
1
3
6 Mr B S Mehta
14
5
5
7 Mr H S Shah
9
2
3
8 Mr S M Datta
13
4
2
9 Dr K Aparajithan
0
-
-
10 Mr R A Shah
15
5
5
Promoter Directors, Mr S S Lalbhai and Mr S A Lalbhai, are related
1
excludes Alternate Directorships and Directorships in foreign companies and private limited companies
² in compliance with Clause 49, Memberships | Chairmanships of only the Audit Committees and Shareholders’
| Investors’ Grievance Committees of all Public Ltd companies including Atul were considered
2.4. Board Meetings
The Board meeting dates were normally determined well in advance. During the year, the Board met
seven times:
Number
Day
Date
Venue
1
Friday
May 29, 2009
Mumbai
2
Friday
July 24, 2009
Mumbai
3
Wednesday
September 09, 2009
Mumbai
4
Saturday
October 24, 2009
Mumbai
5
Monday
November 30, 2009
Mumbai
6
Wednesday
January 27, 2010
Mumbai
7
Saturday
March 27, 2010
Atul
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