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 2.5. Attendance at the Board meetings and at the AGM Number Name Attendance AGM on August 07, 2009 Total Attended 1 Mr S S Lalbhai 7 7 Present 2 Mr G S Patel 7 7 Present 3 Dr S S Baijal 7 4 - 4 Mr B S Mehta 7 7 - 5 Mr H S Shah 7 5 Present 6 Mr S M Datta 7 7 Present 7 Dr K Aparajithan 7 0 - 8 Mr R A Shah 7 5 - 9 Mr S A Lalbhai 7 4 Present 10 Mr B N Mohanan 7 7 Present 2.6. Appointment | cessation during the year • Appointed: Nil • Resigned: Mr N N Wadia resigned with effect from June 1, 2009. • Ceased: Nil 2.7. Remuneration Number Name Remuneration during the year Sitting fee Salary and perks Commission Total Rs Rs Rs Rs 1 Chairman and Managing Director Mr S S Lalbhai - 69,35,447 84,69,620 1,54,05,067 2 Managing Director Mr S A Lalbhai - 46,26,013 39,58,866 85,84,879 3 Whole time Director Mr B N Mohanan - 55,90,124 - 55,90,124 Independent Directors 4 Mr N N Wadia up to May 31, 2009 - - - - 5 Mr G S Patel 2,95,000 - 5,90,000 8,85,000 6 Dr S S Baijal 2,40,000 - 4,80,000 7,20,000 7 Mr B S Mehta 2,80,000 - 5,60,000 8,40,000 8 Mr H S Shah 1,05,000 - 2,10,000 3,15,000 9 Mr S M Datta 2,20,000 - 4,40,000 6,60,000 10 Dr K Aparajithan - - - - 11 Mr R A Shah 1,80,000 - 4,40,000 6,20,000 Sitting fees constitute fees paid to Non-executive Directors for attending Board and Committee meetings of up to Rs 20,000 per meeting.