

Atul Ltd | Annual Report 2015-16
We are committed to significantly enhancing value for our Stakeholders by:
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Fostering a spirit of continuous learning and innovation
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Adopting the developments in science and technology
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Providing high quality products and services, thus becoming the most
preferred partner
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Having people who practice values and exemplify high standards of behaviour
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Seeking sustained, dynamic growth and securing long-term success
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Taking responsible care of the surrounding environment
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Improving the quality of life of the communities we operate in
Resolute in Purpose
Mr Kasturbhai Lalbhai
(1894 – 1980)
The legacy of our Founder has been synonymous with 3 terms in the
broadest sense: excellence, perseverance and trusteeship. We, the people
of Atul, have the most onerous of responsibilities: to expand and diversify
business footprints and follow his figurative footsteps. We will endeavour
to achieve this remit in full measure.
Mr Balwantrai Mazumdar
(1902 – 1981)
An economist, Balwantrai Mazumdar was a voracious reader, sound thinker,
patient listener and farsighted professional. He created an atmosphere of
camaraderie that brought out the collective best of the people of Atul. He was the
moving force behind making Atul Complex one of the largest eco-friendly chemical
sites of its kind in the world. He remained with the Group till the end of his life,
as did most of the people who worked with our Founder.
Mr Siddharth Kasturbhai
(1923 – 1998)
A chemical engineer and the elder son of our Founder, Siddharth Kasturbhai
dedicated his life to the development of Atul Conglomerate, according equal
value to the creation of wealth and service to the society. The principles he upheld
of trusteeship in governance, the personal qualities he lived by of integrity,
perseverance, low profile, simplicity and the single-minded devotion he gave
to the tasks on hand will remain our guiding force.