Atul Share Price Atul


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Chairman & Managing Director S S Lalbhai
Independent Director Bansi S Mehta
Managing Director S A Lalbhai
Independent Director S M Datta
President & Whole-time Dir. B N Mohanan
Independent Director V S Rangan
Whole Time Director & CFO T R Gopi Kannan
Director R A Shah
Independent Director M M Chitale
Company Secretary Lalit Patni
Independent Director Shubhalakshmi Panse
Independent Director B R Arora

Atul is one of the largest integrated chemical companies of India serving about 6,000 customers belonging to 31 industries across the world. The company manufactures more than 900 products from 65 manufacturing plants. The products cater to the needs of varied industries such as Adhesives, Agriculture, Animal Feed, Automobile, Composites, Construction, Cosmetic, Defence, Electrical and Electronics, Flavour, Food, Footwear, Fragrance, Glass, Home Care, Horticulture, Hospitality, Paint and Coatings, Paper, Personal Care, Plastic, Rubber, Soap and Detergent, Sports and Leisure, Textile, Tyre and Wind Energy across the world. The company has established subsidiary companies in the USA (1994), the UK (1996), China (2004), Brazil (2012) and the UAE (2015) to serve its customers and thus enhance breadth and depth of its business.Atul Ltd. a Lalbhai Group company, was formerly known as Atul Products. It was promoted by Kasturbhai Lalbhai in 1947 and engaged in the business of manufacturing dyes and dye intermediates, agro-chemicals, aromatic like para-Anisaldehyde, epoxy resins and pharma intermediates.Gujarat Aromatics was merged with Atul in 1988-89, And Atul promoted two manufacturing companies, namely Atic Industries in 1956, and Cibatul in 1960. Atic Industries which was promoted in collaboration with ICI, UK manufactures Vat and other active dyes and Sulphuric acid. While the Cibatul which was promoted in collaboration with Ciba-Geigy, manufactures sulphur drug intermediates, resins and auxiliaries. In 1985, the company transferred its investments in Atic and Cibatul to a wholly-owned subsidiary, Ameer Trading Corporation and later in 1995-96 this Atic Industries was integrated with Atul.In 1986, the company took over the management of Piramal Rasayan through its 100% subsidiary and subsequently changed the name of the company to Amal Rasayan. Atul has also promoted Gujarat Synthwood to manufacture PVC Foam Sheets. Atuls other two fully owned subsidiaries apart from Ameer Trading are Anusandan Investments and Sharik Investment Pvt Ltd. In 1995, the company commissioned para-cresidine and para anisicaldehyde manufacturing plants.In 1995-96, the company was implementing a project to manufacture non-benzidine dyestuffs with a capacity of 1700 tpa and the company has commissioned the project for manufacture of para cresol in 1997-98. In 1996-97, the company issued 50,000 14% cumulative redeemable preference shares of Rs 100/- each amounting to Rs 50 lacs. During the same year the agro chemicals and pharmaceuticals division obtained ISO 9002 certification for phenoxy and urea herbicides from TUV Bayern of Germany.In 2000-01, the company has initiated the plan of installation of third fluidisied boiler in order to become self reliant in captive power generation. In 2012-2013, the company set up a production facility for tissue culture raised date palms in Jodhpur, Rajasthan, the first of its kind in India. Also during the year, the company expanded para Cresol manufacturing facility. During the year, the company established a 22,000 sq ft research facility to build the business of APIs and API intermediates.In 2013-2014, the company cut liquid effluent in 41 products by 79% on an average. The companys Ankleshwar site was converted into a zero liquid effluent discharge facility. During the year, the company developed 67 new products and formulations in R&D. Also during the year, the company developed a mobile application to send requisitions and receive quotations.In 2014-2015, the company implemented Atul mobSales - open source integrated mobility solution for brand sales. The company implemented Atul i-Quote - open source vendor portal to ensure better connect with vendors. It also implemented Saral - open source human resource self-service multi-lingual kiosk system. During the year, Atul achieved zero liquid effluent discharge in one key product.In 2015-2016, the company achieved zero liquid discharge in the manufacture of one more key product. During the year, the company replaced mercury based caustic/chlorine plant with an environment-friendly, membrane based plant. During the year, the company introduced 65 new products and 19 formulations. Also during the year, the companys Dapsone manufacturing plant received USFDA approval. The company inaugurated the new registered office at Ahmedabad in January 2015. Atul inaugurated its second office in Mumbai at Goregaon in September 2015.The company inaugurated its office in Thane, near Mumbai in March 2017. On 15 May 2017, AkzoNobel and Atul formally agreed the joint venture partnership announced earlier for the production of monochloroacetic acid (MCA) in India. The companies will establish a new plant at Atuls facility in Gujarat by first quarter of 2019, with each partner holding a 50% stake in the joint venture, to be registered as ANAVEN. MCA is an essential building block in the chemical industry and is used in a wide variety of chemicals. As well as building on AkzoNobels leading position in the MCA market, the partnership will also enhance Atuls status as a key global supplier of the herbicide 2, 4-D, which uses MCA as a key raw material. In 2007-18, the company enhanced capacity by debottlenecking plants of key products. During the year, the company developed 34 new products/formulations and scaled up 28 thereof. During the year, the company improved the process of succession planning.


Atul House,
G I Patel Marg,Ahmedabad,

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5th Floor 506 to 508,

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