Atul Ltd 2018-19

Notice NOTICE is hereby given that the 42 nd Annual General qĚĚƥĿŠij ūlj ƥĺĚ qĚŞċĚƑƙ ūlj ƥƭŕ gƥē ǅĿŕŕ ċĚ ĺĚŕē ūŠ Wednesday, July 31, 2019, at 10:30 am at H T Parekh Hall, Ahmedabad Management Association, Dr Vikram Sarabhai Marg, Ahmedabad 380 015, Gujarat, India to ƥƑîŠƙîČƥ ƥĺĚ ljūŕŕūǅĿŠij ċƭƙĿŠĚƙƙȠ Ordinary business: 1. To receive, consider and adopt: i. the audited Standalone Financial Statements of ƥĺĚ ūŞƎîŠǋ ljūƑ ƥĺĚ ǛŠîŠČĿîŕ ǋĚîƑ ĚŠēĚē qîƑČĺ 31, 2019 and the Reports of the Directors and the Auditors thereon and ii. the audited Consolidated Financial Statements ūlj ƥĺĚ ūŞƎîŠǋ ljūƑ ƥĺĚ ǛŠîŠČĿîŕ ǋĚîƑ ĚŠēĚē March 31, 2019 and the Report of the Auditors thereon. 2. To declare dividend on equity shares. 3. To appoint a Director in place of Mr T R Gopi Kannan ȳ'TsȠ ǦǦǦǪǮǬǪǫȴ ǅĺū ƑĚƥĿƑĚƙ ċǋ ƑūƥîƥĿūŠ îŠē ċĚĿŠij eligible, offers himself for reappointment. Special business: ǪȦ ¹ū ČūŠƙĿēĚƑ îŠēȡ Ŀlj ƥĺūƭijĺƥ Ǜƥȡ ƥū Ǝîƙƙ ǅĿƥĺ ūƑ ǅĿƥĺūƭƥ ŞūēĿǛČîƥĿūŠƙȡ ƥĺĚ ljūŕŕūǅĿŠij ƑĚƙūŕƭƥĿūŠ îƙ îŠ ūƑēĿŠîƑǋ resolution: “RESOLVED THAT pursuant to the provisions of Sections ǧǯǬȡ ǧǯǭȡ ǨǦǩ ƑĚîē ǅĿƥĺ ¬ČĺĚēƭŕĚ × ūlj ƥĺĚ ūŞƎîŠĿĚƙ Act, 2013andany other applicable provisions for the time ċĚĿŠij ĿŠ ljūƑČĚ ȳĿŠČŕƭēĿŠij îŠǋ ƙƥîƥƭƥūƑǋ ŞūēĿǛČîƥĿūŠȳƙȴ or re-enactment thereof), approval be and is hereby accorded to the reappointment of Mr T R Gopi Kannan (DIN: 00048645) as a Whole-time Director of the Company, and his receiving of remuneration including ŞĿŠĿŞƭŞ ƑĚŞƭŠĚƑîƥĿūŠ ljūƑ î ƎĚƑĿūē ūlj ǛǄĚ ǋĚîƑƙ effective October 17, 2019, as per the draft Agreement ƙƭċŞĿƥƥĚē ƥū ƥĺĿƙ ŞĚĚƥĿŠij îŠē ljūƑ ĿēĚŠƥĿǛČîƥĿūŠ ĿŠĿƥĿîŕĚē by the Chairman. RESOLVED FURTHER THAT the Board of Directors (Board) be and is hereby authorised to alter and vary any or all of the terms and conditions and the draft of Agreement as approved vide this resolution îƙ Şîǋ ċĚ ēĚĚŞĚē Ǜƥ ljƑūŞ ƥĿŞĚ ƥū ƥĿŞĚ ǅĺĿČĺ Şîǋ have the effect of increasing the remuneration and ljūƑ ČūŠƙĿēĚƑĿŠij ŞūēĿǛČîƥĿūŠ Ŀlj îŠǋȡ ċǋ ƥĺĚ ĚŠƥƑîŕ Government in regard to the policy | guidelines pertaining to managerial remuneration and for the purpose of giving effect to this resolution, the Board be and is hereby authorised to do all such acts, deeds, matters and things as it may in its absolute discretion deem expedient, necessary, proper or in the best interest of the Company.” ǫȦ ¹ū ČūŠƙĿēĚƑ îŠēȡ Ŀlj ƥĺūƭijĺƥ Ǜƥȡ ƥū Ǝîƙƙ ǅĿƥĺ ūƑ ǅĿƥĺūƭƥ ŞūēĿǛČîƥĿūŠƙȡ ƥĺĚ ljūŕŕūǅĿŠij ƑĚƙūŕƭƥĿūŠ îƙ î ƙƎĚČĿîŕ resolution: “RESOLVED THAT pursuant to the provisions of ¬ĚČƥĿūŠƙ ǧǯǬȡ ǧǯǭȡ ǨǦǩ ƑĚîē ǅĿƥĺ ¬ČĺĚēƭŕĚ × ūlj the Companies Act, 2013 and any other applicable provisions for the time being in force (including îŠǋ ƙƥîƥƭƥūƑǋ ŞūēĿǛČîƥĿūŠȳƙȴ ūƑ ƑĚȹĚŠîČƥŞĚŠƥ thereof), approval be and is hereby accorded to the reappointment of Mr B N Mohanan (DIN: 00198716) as a Whole-time Director of the Company, and his receiving of remuneration including minimum remuneration for a period of three years effective January 01, 2020, as per the draft Agreement ƙƭċŞĿƥƥĚē ƥū ƥĺĿƙ ŞĚĚƥĿŠij îŠē ljūƑ ĿēĚŠƥĿǛČîƥĿūŠ initialed by the Chairman. RESOLVED FURTHER THAT the Board of Directors (Board) be and is hereby authorised to alter and vary any or all of the terms and conditions and the draft of Agreement as approved vide this resolution îƙ Şîǋ ċĚ ēĚĚŞĚē Ǜƥ ljƑūŞ ƥĿŞĚ ƥū ƥĿŞĚ ǅĺĿČĺ Şîǋ have the effect of increasing the remuneration and ljūƑ ČūŠƙĿēĚƑĿŠij ŞūēĿǛČîƥĿūŠ Ŀlj îŠǋȡ ċǋ ƥĺĚ ĚŠƥƑîŕ Government in regard to the policy | guidelines pertaining to managerial remuneration and for the purpose of giving effect to this resolution, the Board be and is hereby authorised to do all such acts, deeds, matters and things as it may in its absolute discretion deem expedient, necessary, proper or in the best interest of the Company.” ǬȦ ¹ū ČūŠƙĿēĚƑ îŠēȡ Ŀlj ƥĺūƭijĺƥ Ǜƥȡ ƥū Ǝîƙƙ ǅĿƥĺ ūƑ ǅĿƥĺūƭƥ ŞūēĿǛČîƥĿūŠƙȡ ƥĺĚ ljūŕŕūǅĿŠij ƑĚƙūŕƭƥĿūŠ îƙ î ƙƎĚČĿîŕ resolution: “RESOLVED THAT pursuant to the provisions of Sections 149, 150, 152, Schedule IV of the Companies Act, 2013 and any other applicable provisions for the time being in force (including any statutory ŞūēĿǛČîƥĿūŠȳƙȴ ūƑ ƑĚȹĚŠîČƥŞĚŠƥ ƥĺĚƑĚūljȴȡ qƑ q q ĺĿƥîŕĚ ȳ'TsȠ ǦǦǧǦǧǦǦǪȴȡ ĿŠ ƑĚƙƎĚČƥ ūlj ǅĺūŞ ƥĺĚ ūŞƎîŠǋ ĺîƙ ƑĚČĚĿǄĚē î sūƥĿČĚ ĿŠ ǅƑĿƥĿŠij ljƑūŞ î Corporate Overview 01-22 Statutory Reports 23-105 Financial Statements 107-250 90 Atul Ltd | Annual Report 2018-19