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Much before the concept of Corporate Social Responsibility had evolved into its present
form, Atul Ltd (Atul) has been engaged in serving the society with diverse initiatives in
the fields of education, health and infrastructure. Mr Kasturbhai Lalbhai, the Founder of
Atul and an Indian legend, ensured complete commitment to community development
andwelfare in every company he established. The primary reason for the establishment
of Atul was to generate large scale employment and consequently improve the
standard of living in rural India. His passion to give back to the society was reflected in
his daily schedule; he spent half a day on growing businesses while the other half was
dedicated solely to social service. He appointed Mr Balwantrai Mazumdar, an
economist and Mr Siddharth Kasturbhai, his elder son and a chemical engineer, to
developAtul, both of whomcontinuedwith the fine legacy.
In 1978, Mr Siddharth Kasturbhai laid the foundation of Atul Rural Development Fund in
an endeavour to further the rich legacy of his father and bring focus to rural
development projects undertaken by Atul. He personally oversaw each project which
was being implemented and took keen interest in consistently improving the quality,
variety and impact of such projects.
Over the years, with an increase in the number and scope of projects related to serving
the society, Atul Foundationwas established in 2010 as an umbrella trust of Atul.
Legacy
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