Atul Foundation Team Atul Foundation further expanded in terms of scope and size to serve communities, the extent of which remains unlimited. In 2021-22, the Foundation strengthened its Education and Empowerment programs: Kalyani School, Atul Vidyalaya, Atul Vidyamandir (PPP3 project), Atul Institute of Vocational Excellence (PPP3 project), four Industrial Training Institutes (PPP3 project), Atul Adhyapika and other projects which in all impacted 22,400 students. Conservation, Health, Infrastructure and Relief programs impacted 68,000 people. You may like to go through the Annual Report 2021-22 and the website of the Foundation. People and organisation Operations, growth and people are three focus areas for our Company. The success in operations and growth, particularly in an environment described by acronyms such as VUCA (Volatile, Uncertain, Complex and Ambiguous) and BANI (Brittle, Anxious, Nonlinear and Incomprehensible) will depend on the competence and motivation of team Atul. It is therefore essential to put people in leadership positions who are self-aware and purpose-led in addition to other qualifications. We strengthened procurement, sales, marketing and business development structure to enhance accountability and customer centricity. Acknowledgements 2021-22 was an unpredictable fiscal, continuing a trend from 2020-21 – I value the incredible commitment of every member of team Atul whose perseverance is delivering products and services and in turn supporting in success of the 4,000 plus customers and our Company. I thank the customers for helping us to continuously improve and grow. I am grateful to the distinguished Non-executive Directors on the Board who are guiding the Management with their experience and wisdom. I appreciate your trust – it puts even more onus on the Management to perform and make our Company grow. Way ahead Although it may be difficult to imagine in these times of hardship and uncertainty, there are boundless opportunities ahead, and I am encouraged because of all those who have continued to work hard even in face of many constraints. I am certain that we will collectively achieve much more together. Although our Company (and our country) will complete 75 years on September 05 (and August 15) this year, it is still early days for us – we will persevere for decisively improving the businesses we are in, launching sensibly related businesses and evolving ideas we have yet to imagine. In essence, we continue to be young at 75. Sincerely, Sunil Siddharth Lalbhai Chairman and Managing Director 1size and growth figures are estimated 2excluding one-time dividend income 3public private partnership In the busyness of business – transportation of materials, plethora of meetings, movement of people, humming of plants, exchange of e-mails, construction of facilities – there is a need to have stillness and provide time for thinking to ensure that we bring enquiry, excellence, innovation and empowerment in all we do. This is what our Company encourages, endorses and expects from all its team members. New sulphur black facility 21 Corporate Overview 01 - 23 Statutory Reports 24 - 109 Financial Statements 110 - 263
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