Atul Ltd 2018-19

Name Ms S A Panse Date of birth January 28, 1954 Brief résumé Ms Panse is a Director of the Board since March 2015. She is the Chairman of the Corporate Social Responsibility Committee of the Board. qƙ ¡îŠƙĚ ĺîƙ ǪǨ NjĚîƑƙ ūlj ĚNJƎĚƑĿĚŠČĚ ĿŠ ƥĺĚ ǛĚŕē ūlj ċĿŠij îŠē ĺîƙ DžūƑŒĚē ĿŠ various positions in the Banking industry, the last being as the Chairman and Managing Director of Allahabad Bank Ltd. qƙ ¡îŠƙĚ Džîƙ ƥĺĚ ĺîĿƑŞîŠ ūlj ƥĺĚ £ƭîŕĿƥNj ¤ĚDŽĿĚDž ūîƑē ūlj ƥĺĚ TŠēĿîŠ TŠƙƥĿƥƭƥĚ ūlj ČƥƭîƑĿĚƙ ljūƑ î ƎĚƑĿūē ūlj ƥDžū NjĚîƑƙ îŠē î qĚŞċĚƑ ūlj ¡ c sîNjîŒ ūŞŞĿƥƥĚĚ ūŠ Corporate Governance set up by the Reserve Bank of India. Ms Panse holds a postgraduate degree in Science from Pune University, postgraduate degree in Business Administration from Drexel University and is a ĚƑƥĿǛĚē ƙƙūČĿîƥĚ ūlj ƥĺĚ TŠēĿîŠ TŠƙƥĿƥƭƥĚ ūlj ĚƑƙȦ Directorship in other companies Public companies Cholamandalam MS General Insurance Company Ltd IL&FS Investment Managers Ltd KPIT Engineering Ltd PNB Housing Finance Ltd Sudarshan Chemical Industries Ltd The Federal Bank Ltd T I Financial Holdings Ltd Membership in committees of other companies Chairman of committees Cholamandalam MS General Insurance Company Ltd – Nomination and Remuneration Committee PNB Housing Finance Ltd – Audit Committee PNB Housing Finance Ltd – Stakeholders Relationship Committee T I Financial Holdings Ltd – Audit Committee Member of committees Cholamandalam MS General Insurance Company Ltd – Audit Committee The Federal Bank Ltd – Audit Committee ¤ĚŕîƥĿūŠƙĺĿƎ DžĿƥĺ ūƥĺĚƑ 'ĿƑĚČƥūƑƙ None Number of shares held in the Company 50 Ms Panse, being eligible in terms of Section 149 and other applicable provisions of the Companies Act, 2013, offering herself ljūƑ îƎƎūĿŠƥŞĚŠƥȡ Ŀƥ Ŀƙ ƎƑūƎūƙĚē ƥū îƎƎūĿŠƥ ĺĚƑ îƙ îŠ TŠēĚƎĚŠēĚŠƥ 'ĿƑĚČƥūƑ ljūƑ ƥĺĚ ƙĚČūŠē ƥĚƑŞ ūlj ǛDŽĚ ČūŠƙĚČƭƥĿDŽĚ NjĚîƑƙ ljƑūŞ March 27, 2020 to March 26, 2025. A Notice has been received from a Member proposing Ms Panse as a candidate for the ūljǛČĚ ūlj 'ĿƑĚČƥūƑ ūlj ƥĺĚ ūŞƎîŠNjȦ In the opinion of the Board, Ms Panse: i) possesses rich experience and expertise relevant to the Company ĿĿȴ ljƭŕǛŕƙ ƥĺĚ ČūŠēĿƥĿūŠƙ ƙƎĚČĿǛĚē ĿŠ ƥĺĚ ūŞƎîŠĿĚƙ Čƥȡ ǨǦǧǩ îŠē ƥĺĚ ¤ƭŕĚƙ ŞîēĚ ƥĺĚƑĚƭŠēĚƑ iii) is independent of the Management Further, her proposed appointment is on the basis of the reports of her performance evaluation. HĿDŽĚŠ ƥĺĚ îċūDŽĚȡ ČūƑƑūċūƑîƥĚē ċNj ƥĺĚ DŽîŕƭîċŕĚ ČūŠƥƑĿċƭƥĿūŠ ŞîēĚ ċNj qƙ ¡îŠƙĚȡ ƥĺĚ ūîƑē Ŀƙ ūlj ƥĺĚ DŽĿĚDž ƥĺîƥ ĺĚƑ ČūŠƥĿŠƭĚē îƙƙūČĿîƥĿūŠ DžĿŕŕ ċĚ ċĚŠĚǛČĿîŕ ƥū ƥĺĚ ūŞƎîŠNjȦ ČūƎNj ūlj ƥĺĚ ēƑîljƥ ŕĚƥƥĚƑ ljūƑ îƎƎūĿŠƥŞĚŠƥ ūlj qƙ ¡îŠƙĚ îƙ îŠ TŠēĚƎĚŠēĚŠƥ 'ĿƑĚČƥūƑ ƙĚƥƥĿŠij ūƭƥ ƥĺĚ ƥĚƑŞƙ îŠē ČūŠēĿƥĿūŠƙ DžĿŕŕ ċĚ îDŽîĿŕîċŕĚ ljūƑ ĿŠƙƎĚČƥĿūŠ DžĿƥĺūƭƥ îŠNj ljĚĚ ċNj ƥĺĚ qĚŞċĚƑƙ îƥ ƥĺĚ ƑĚijĿƙƥĚƑĚē ūljǛČĚ ūlj ƥĺĚ ūŞƎîŠNj ēƭƑĿŠij ŠūƑŞîŕ ċƭƙĿŠĚƙƙ ĺūƭƑƙ ūŠ îŠNj DžūƑŒĿŠij ēîNjȦ qƙ ¡îŠƙĚ ēūĚƙ Šūƥ ĺūŕē ċNj ĺĚƑƙĚŕlj ūƑ ƥūijĚƥĺĚƑ DžĿƥĺ ĺĚƑ ƑĚŕîƥĿDŽĚƙ ƥDžū ƎĚƑČĚŠƥ ūƑ ŞūƑĚ ūlj ƥĺĚ ƥūƥîŕ DŽūƥĿŠij ƎūDžĚƑ ūlj ƥĺĚ ūŞƎîŠNjȦ Accordingly, the Board recommends the resolution in item number 7 in relation to appointment of Ms Panse as an Independent Corporate Overview 01-22 Statutory Reports 23-105 Financial Statements 107-250 102 Atul Ltd | Annual Report 2018-19