Atul Ltd 2021-22

Singleness of Purpose Kasturbhai Lalbhai (1894 – 1980) The legacy of our Founder has been synonymous with three terms: excellence, perseverance and trusteeship. At Atul, we have the most onerous responsibility to expand and diversify our footprint and follow his figurative footsteps. We are endeavouring to achieve this remit in full measure. Siddharth Lalbhai (1923 – 1998) A chemical engineer and the elder son of our Founder, Siddharth Lalbhai dedicated his life to the development of Atul. He accorded equal value to creation of wealth and service to society. The principles of trusteeship that he upheld, the personal qualities of integrity, perseverance and simplicity that he lived by and the single-minded devotion that he gave to tasks on hand will always remain our guiding force. We are committed to significantly enhancing value for our stakeholders by: • fostering a spirit of continuous learning and innovation • adopting developments in science and technology • providing high quality products and services, thus becoming the most preferred partner • having people who practice Values and exemplify a high standard of behaviour • seeking sustained, dynamic growth and securing long-term success • taking responsible care of the surrounding environment • improving the quality of life of the communities we operate in Balwantrai Mazumdar (1902 – 1981) An economist, Balwantrai Mazumdar was a voracious reader, sound thinker, patient listener and a farsighted professional. He created an atmosphere of camaraderie that brought out the collective best of the people of Atul. He was the moving force behind making Atul Complex one of the largest eco-friendly chemical sites of its kind in the world. He remained with the Group till the end of his life, as did most of the people who worked with our Founder. 06 Atul Ltd | Annual Report 2021-22

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