Atul Ltd 2009-10

Corporate Identity Serving Diverse Industries Purpose and Values Overview by the Chairman Operational Highlights Financial Analysis Research and Technology Safety, HealthandEnvironment Serving the Society Directors’ Report Management Discussion andAnalysis Report on Corporate Governance Financial Statements 1 Name of subsidiary Ameer Trading Corporation Ltd Atul Americas, Inc. Atul Europe Ltd Atul Deutschland GmbH Atul International Trading (Shanghai) Co Ltd Atul Rajasthan Date Palms Ltd 2 Financial year ending on March 31, 2010 March 31, 2010 March 31, 2010 March 31, 2010 March 31, 2010 March 31, 2010 3 Extent of Holding: By Atul Ltd (ATUL) 100% 100% 100% 100% 100% 74% 4 Net aggregate amount of Profits | (Losses) of the subsidiary 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, 2010 - - - - - - (b) not dealt with in the accounts of the Company for the year ended March 31, 2010 ($ 248) £ 248,214 ( € 73,375) (YUAN 311,532) equal to equal to equal to equal to Rs 0.07 crore Rs (0.001 crore) Rs 1.69 crores Rs (0.44 crore) Rs (0.21 crore) Rs 0.30 crore 5 Net aggregate amount of Profits | (Losses) for previous financial years of the subsidiary so far as they concern members of the Company: (a) dealt with in the accounts of the Company for the year ended March 31, 2010 Rs 12.07 crores - - - - - (b) not dealt with in the accounts of the Company for the year ended March 31, 2010 $ 314,887 (£ 825,261) ( € 4,622) (YUAN 2,071,665) equal to equal to equal to equal to Rs 4.42 crores Rs 1.42 crores Rs (5.61 crores) Rs (0.03 crore) Rs (1.37 crores) Rs 9.26 crores Statement Pursuant to Section 212 of the Companies Act, 1956 relating to Subsidiary Companies