108 Atul Ltd | Annual Report 2022-23 Atul Ltd | Annual Report 2022-23 Atul Ltd Atul House G I Patel Marg Ahmedabad 380 014, Gujarat India Atul Ltd | Annual Report 2022-23 Reconnect | Reimagine | Regrow Corporate Overview Statutory Reports Financial Statements 18. At the ensuing Annual General Meeting: i) Mr Rajendra Shah retires by rotation. Mr Shah has been serving as a Non-executive Director on the Board of the Company since May 26, 1983. P ursuant to Section 152(6) of the Companies Act, 2013 (“the Act”), Mr Shah is liable to retire by rotation at the AGM. Although eligible for reappointment, he has expressed his unwillingness to be reappointed and has not offered himself for reappointment at the AGM. Accordingly, Mr Shah will cease to hold office as a Director of the Company at the conclusion of the AGM. T he Board of Directors (“Board”) places on record their deep appreciation for the invaluable contribution, leadership and guidance extended by Mr Shah during his association. N one of the Directors, Key Managerial Personnel of the Company and their relatives are, in any way, concerned or interested, financially or otherwise, in the resolution number 4 of the Notice. T he Board recommends resolution in item number 4 in the Notice for the approval by the members as an ordinary resolution. ii) Mr Sunil Lalbhai is proposed to be reappointed as the Chairman and Managing Director effective July 01, 2024. iii) Mr Rangaswamy Iyer is proposed to be appointed as an Independent Director effective May 01, 2023. The information or details required as per Regulation 36(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 pertaining to Mr Lalbhai and Mr Iyer are given in the explanatory statement. Registered office: By order of the Board of Directors Atul House (Lalit Patni) G I Patel Marg Company Secretary and Chief Compliance Officer Ahmedabad 380 014, Gujarat India Corporate identity number: L99999GJ1975PLC002859 April 28, 2023
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