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Atul Ltd | Annual Report 2011-12

Statement Pursuant to Section 212 of the Companies Act, 1956

relating to Subsidiary Companies

1 Name of subsidiary

companies

Atul

Rajasthan

Date

Palms Ltd

DPD Ltd

Atul

Bioscience

Ltd *

Atul USA

Inc #

Atul

Europe

Ltd

Atul

Deutschland

GmbH

Atul China

Ltd @

Atul Brasil

Quimicos

Ltda **

Ameer

Trading

Corporation

Ltd

2 Financial year ending

on

March 31,

2012

March 31,

2012

March 31,

2012

March 31,

2012

March 31,

2012

March 31,

2012

March 31,

2012

March 31,

2012

March 31,

2012

3 Extent of Holding:

By Atul Ltd

74% 88% 100% 100% 100% 100% 100% 100% 100%

4 Net aggregate

amount of Profits

| (Losses) of the

subsidiary companies

for the above

financial year so

far as they concern

Members of the

Company:

(a) dealt with in the

accounts of the

Company for the

year ended

March 31, 2012

(b) not dealt with in

the accounts of

the Company for

the year ended

March 31, 2012

(

`

0.64 cr) £ 89,441

equal to

`

0.73 cr

-

$46,064

equal to

`

0.24 cr

£ 3,37,495

equal to

`

2.76 cr

€ 7,988.50

equal to

`

0.05 cr

YUAN

31,852.36

equal to

`

0.03 cr

- (

`

1.51 cr)

5 Net aggregate

amount of Profits |

(Losses) for previous

financial years of the

subsidiary companies

so far as they

concern Members of

the Company:

(a) dealt with in the

accounts of the

Company for the

year ended

March 31, 2012

`

12.07 cr

(b) not dealt with in

the accounts of

the Company for

the year ended

March 31, 2012

(

`

0.51 cr) £ 89,441

equal to

`

0.73 cr

- $367,079

equal to

`

1.88 cr

(£ 65,316)

equal to

`

0.53 cr

€ 26,110.5

equal to

`

0.18 cr

(YUAN

1,21,802.64)

equal to

`

0.10 cr

-

`

2.55 cr

* Acquirred on March 31, 2012

** Not in operation

@ formerly known as Atul International Trading (Shanghai) Co Ltd

# formerly known as Atul Americas Inc