Atul Ltd 2022-23

We are a diversified Indian company (a part of Lalbhai Group, one of the oldest business houses of India with a legacy of conducting business with a larger purpose) meeting the needs of varied industries such as Adhesives, Agriculture, Animal Feed, Automobile, Composites, Construction, Cosmetic, Defence, Dyestuff, Electrical and Electronics, Foam and Furnishing, Flavour, Food, Footwear, Fragrance, Glass, Handicraft, Home Care, Horticulture, Hospitality, Paint and Coatings, Paper, Personal Care, Pharmaceutical, Plastic, Rubber, Soap and Detergent, Sport and Leisure, Textile, Tyre and Wind Energy. We manage complex chemical processes in a responsible way. In order to enhance focus, we have placed the products belonging to the two reporting segments, namely Life Science Chemicals and Performance and Other Chemicals, under seven sub-segments (interchangeably called Businesses), namely Aromatics, Bulk Chemicals and Intermediates, Colours, Crop Protection, Floras, Pharmaceuticals and Polymers – these in turn are managed through a matrix organisation structure for achieving all-round functional excellence. Dilwara temples Dilwara temples in Rajasthan, India are known for their meticulous and unparalleled marble stone-carved structures. The temple complex hosts five distinct temples, each representing the values of the Indian spiritual heritage. Built between the 11th and 13th centuries by the Chalukya dynasty, the temples look simple from the outside, but are a treasure of intricate carvings and architectural excellence from the inside. Kasturbhai Lalbhai, Founder of Atul, had spearheaded the renovation of Dilwara and other Jain temples as the Chairman of the Anandji Kalyanji Trust. Following the footsteps of its exemplary Founder, team Atul values attention to detail, excellence and collaboration in its journey of sustained growth in harmony with nature and the community. The heritage of the past is the seed that brings forth the harvest of the future. – Wendell Philips Corporate identity 2 Atul Ltd | Annual Report 2022-23 Corporate Overview Statutory Reports Financial Statements 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

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