Atul Limited

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.