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Corporate Identity Serving Diverse Industries

Purpose and Values

Overview by the Chairman Operational Highlights Financial Analysis Research and Technology

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Propelled by Values

The name Atul is a unique asset,

which amongst others, connotes

a rich heritage of Values. In an

environment where change

is a way of life, continuity of

Values is fundamental to us. We

have therefore formalised key

Values and are committed to

institutionalise them:

Integrity

The foundation of every relationship is trust, and

trust is based on Integrity. Integrity means working

with honesty, following the highest standards of

professionalism. Integrity is when our decisions and

actions remain consistent with our thoughts and

words, written or spoken.

Understanding

How well one works with others depends on his (her)

ways to connect, and this in turn is based on his

(her) level of Understanding of human relationships.

Understanding does not mean accepting poor

performance, but it means doing it the right way.

Understanding is not only an external manifestation,

but also an internal realisation.

Unity

Living in a state of oneness brings Unity. Unity means

working together and taking advantage of synergy

while harnessing unique abilities of each individual

to achieve a larger goal. Unity is the realisation that

though we may work in different areas, we are finally

interconnected and that interdependence is a higher

order of living than independence; though we may be

many, we share a common destiny.

Responsibility

Responsibility implies doing whatever it takes to

deliver value and taking ownership of our actions.

Responsibility must also give rise to the realisation

that what is good for the business must be in the

overall good; in other words, working in the spirit of

trusteeship not only for the shareholders, but also for

other stakeholders such that ultimately what comes

from the society goes back to it many times over.

Excellence

Excellence is a drive that is more from inside than

outside; it is about one seeking to continuously

improve and better performance. Excellence means

endeavouring to achieve the highest possible standards

in our day to day work; it means to develop an

inspiring and substantial vision and realise it. In many

ways, Excellence is also a journey, not simply

a destination in itself.

We will seek to create an

environment wherein the

aforementioned Values are

consistently practised and

nurtured and ensure that they

are not compromised to realize

short-term gains.