Atul Ltd 2009-10

54 / Atul Ltd | Annual Report 2009-10 Explanatory statement The following Explanatory Statement, as required by Section 173 of the Companies Act, 1956, sets out all material facts including the nature, concern or interest of the Directors in relation to the item of Special Business under item no 6 mentioned in the accompanying notice dated July 19, 2010 Item No 6 Mr V S Rangan was appointed as an Additional Director of the Company by the Board of Directors on July 19, 2010. His details are as under: Name Mr V Srinivasa Rangan Date of birth February 13, 1960 Brief résumé Mr V Srinivasa Rangan was appointed as an Additional Director on July 19, 2010. He is Graduate in Commerce, Graduate Cost and Works Accountant and an Associate of Institute of Chartered Accountants of India. He is Executive Director of Housing Development Finance Corporation Ltd (HDFC). He has been associated with HDFC since 1986. He was inducted in the Board of HDFC as an Executive Director in January 2010 and prior to that he was Senior General Manager - Treasury. His responsibilities include funds mobilization through deposits (retail and corporate), bank loans, issuance of debentures and commercial papers, external commercial borrowings, structured financing options, mortgage backed securitization, asset liability management, risk management, financial accounting, taxation and capital management. Directorship in other companies Public Ltd Companies: HDFC Ltd HDFC Developers Ltd HDFC Holdings Ltd HDFC Investments Ltd HDFC Property Ventures Ltd HDFC Trustee Company Ltd HDFC Venture Capital Ltd Idhasoft Ltd India Asset Recovery Management Ltd, Mauritius IPFOnline Ltd L & T Urban Infrastructure Ltd OCM India Ltd Private Ltd Companies : Credila Financial Services Pvt Ltd IVF Advisors Pvt Ltd Ruralshores Business Services Pvt Ltd 55