Atul Ltd 2008-09

In this Annual Report, we have shared information and made forward looking statements to enable investors to know our product portfolio, business logic and direction and comprehend our prospects. This report and other statements — written and oral — that we periodically make are based on our assumptions. We have tried wherever possible to identify such statements by using words such as ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘intend’, ‘plan’, ‘project’ and words of similar substance in connection with any discussion of future performance. We cannot guarantee that these forward looking statements will be realised, although we believe that we have been prudent in our assumptions. The achievement of results is subject to risks, uncertainties and even inaccurate assumptions. If known or unknown risks or uncertainties materialise or if underlying assumptions prove inaccurate, actual results can vary materially from those anticipated, estimated or projected. Readers may bear this in mind. We undertake no obligation to publicly update any forward looking statements, whether as a result of new information, future events or otherwise. Forward looking statements Contents Corporate Identity 02 Purpose and Values 04 Overview by the Chairman 06 Financial charts 08 Serving diverse Industries 10 Safety, Health & Environment 14 Corporate sustainability 16 Management Discussion and Analysis 18 Financial analysis 24 Directors’ Report 28 Report on Corporate Governance 31 Notice 42 Ten year review 47 Report of the Auditors to the Members 48 Financials 52