Atul Ltd is a member of Lalbhai Group, one of the oldest business houses of India, with interests mainly in textiles and chemicals. The Group is strongly committed to serve the society in the fields of education, health as well as culture.
Incorporated in 1947, Atul Ltd (formerly Atul Products Ltd) was founded by Kasturbhai Lalbhai with a dream to make India self reliant in chemicals, generate employment on a large-scale and create wealth for the society. For translating his dream into reality, Kasturbhai Lalbhai brought his confidant, Ballubhai Muzumdar, an economist- and his son, Siddharth Kasturbhai Lalbhai, a chemical engineer, to lead Atul Ltd and establish a large chemical conglomerate.
Atul Ltd became the first private sector company of India to be inaugurated by Jawaharlal Nehru, the first Prime Minister of the country. The Company thus commenced its business with just a few dyestuffs, the know-how of which was brought from foreign companies.
Over the years, Atul Ltd joined hands with American Cyanamid Corp (1952), Imperial Chemical Industries plc (1955) and Ciba-Geigy Ltd (1960) to form respectively 3 joint venture companies, namely, Cyanamid India Ltd, Atic Industries Ltd and Cibatul Ltd respectively.
Consequent to worldwide divestment of dyes and polymers business by ZENECA plc (formerly a part of ICI plc) and Ciba Ltd respectively, Atic Industries Ltd and Cibatul Ltd were merged into Atul Ltd in 1995 and 1998 respectively.
Atul Ltd operates through six business divisions, namely, Agrochemicals, Aromatics, Bulk Chemicals & Intermediates, Colors, Pharmaceuticals & Intermediates and Polymers. Each business, in step with the company vision, develops and implements its growth plans.
Atul's registered office is in Ahmedabad whereas its corporate headquarters are located in Atul, Gujarat. The Company is listed on the NSE in India and has over 35,000 shareholders. Atul also has offices in the USA, the UK, Germany, China and Vietnam that service its international customers.
India
