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To the Members of Atul Ltd
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thereof, adopted by the Company for ensuring the compliance of the conditions of Corporate Governance. It is neither an audit
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has complied with the conditions of Corporate Governance as stipulated in the above mentioned Listing Agreements.
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Management has conducted the affairs of the Company.
For and on behalf of
Dalal & Shah
Firm Registration Number 102020W
Chartered Accountants
S Venkatesh
Mumbai
Partner
May 07, 2013
Membership Number F-037942
Auditors’ Certificate regarding compliance
of conditions of Corporate Governance