Announcements

Voting Results and Scrutinizer’s Report of 34th Annual General Meeting


With reference of above mention subject, we are enclosing herewith the details of Voting Results (remote e-voting and e-voting during the AGM) of 34th Annual General Meeting (“AGM”) of the Company held on Tuesday, September 27, 2022 at 11:00 a.m. (IST) (Started at 11:05 a.m.) through VC/OAVM, in compliance with the relevant provisions of the Companies Act, 2013 read with the rules made thereunder and in accordance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India in the format prescribed under Regulation 44(3) of the SEBI (LODR) Regulations, 2015 with Scrutinizer’s Report Pursuant to section 109 of the Companies Act, 2013 and rule 21(2) of the Companies (Management and Administration) Rules, 2014. Please take note that the voting results has already been filed with Stock Exchanges in XBRL mode. Click Here to view the Voting Results and Scrutinizer’s Report.

Proceedings of 34th Annual General Meeting


With reference to the above subject, we are attaching herewith proceedings of Thirty Fourth Annual General Meeting (AGM) of the Company held on Tuesday, September 27, 2022 at 11:00 a.m. (IST) (Started at 11:05 AM) through Video Conference (“VC”)/Other Audio Visual Means (“OAVM”) without physical presence of the members at the common venue in accordance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. The meeting concluded at 11:54 am. Click Here to view the proceedings.

Intimation of Book Closure for the purpose of 34th Annual General Meeting of the Company


This is to inform that pursuant to regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the register of members and share transfer books of the Company will remain closed from Wednesday, September 21, 2022 to Tuesday, September 27, 2022 (Both days inclusive) for the purpose of 34th Annual General Meeting of the Company scheduled to be held on Tuesday, September 27, 2022 at 11:00 am (IST) through Video Conference (“VC”)/Other Audio Visual Means (“OAVM”) for financial year 2021-22.

Intimation on re-appointment of Mr. Jaychander Swaminathan as Independent Director


With respect to above subject, this is to inform that on the recommendations of the Nomination and Remuneration Committee of the Company, the Board of Directors at its meeting held today i.e. Saturday, August 13, 2022 inter-alia reappointed Mr. Jaichander Swaminathan (DIN: 08537472) as Independent Director for second term of three years i.e. from August 25, 2022 to August 24, 2025.

The additional details as required pursuant to Regulation 30, SEBI Circular dated September 09, 2015 and other relevant provisions of the SEBI Listing Regulations, 2015 is enclosed as Annexure. Click Here to view the Intimation.

Intimation on appointment of statutory auditors of the Company


With reference to the above subject, this is to inform that on the recommendations of the Audit Committee of the Company, the Board of Directors at its meeting held today i.e. Saturday, August 13, 2022 inter-alia appointed M/s. Maharishi & Co., Chartered Accountants (ICAI Firm Registration No. 124872W) as Statutory Auditor for a period of five (5) consecutive years from the conclusion of ensuing 34th Annual General Meeting (“AGM”) until the conclusion of the 39th AGM to be held in the year 2027 in place of M/s. Kamlesh Rathod & Associates, Chartered Accountants whose term expires on conclusion of the ensuring 34th AGM and recommended the same for the approval of the members in ensuing AGM.

The additional details as required pursuant to Regulation 30, SEBI Circular dated September 09, 2015 and other relevant provisions of the SEBI Listing Regulations, 2015 is enclosed as Annexure. Click Here to view the Intimation

Outcome of Board Meeting Held Today i.e. August 13, 2022


With reference to the above subject, we would like to inform you that the Board of Directors of Atul Auto Limited at its meeting held today i.e. Saturday, August 13, 2022 inter-alia decided as under:

1. Considered and approved Standalone and Consolidated Unaudited Financial Results for the quarter ended on June 30, 2022.

2. Reappointed Mr. Jaichander Swaminathan (DIN: 08537472) as Independent Director for second term of three years i.e. from August 25, 2022 to August 24, 2025 on the recommendations of the Nomination and Remuneration Committee subject to approval of shareholders in ensuing Annual General Meeting.

3. Appointed M/s. Maharishi & Co., Chartered Accountants (ICAI Firm Registration No. 124872W) as Statutory Auditor in place of M/s. Kamlesh Rathod & Associates, Chartered Accountants whose term expires on conclusion of the ensuring 34th Annual General Meeting (AGM) for period of five (5) consecutive years from the conclusion of ensuing 34th AGM until the conclusion of the 39th AGM to be held in the year 2027 and to recommended the same for the approval of the members in ensuing AGM.

4. Fixed the Thirty Forth AGM on Tuesday, September 27, 2022 at 11.00 am (IST) through Video Conference (“VC”)/ Other Audio Visual Means (“OAVM”) facility.

5. Dissolved the Risk Management Committee with immediate effect.

The meeting of Board of Directors Commenced at 11:15 IST and ended at 17:10 IST.

Intimation on re-appointment of Mr. Mohan Jit Walia as Independent Director


With respect to above subject, this is to inform that on the recommendations of the Nomination and Remuneration Committee of the Company, the Board of Directors has reappointed Mr. Mohan Jit Walia (DIN: 08535435) as Independent Director for second term of three more years i.e. from August 09, 2022 to August 08, 2025 by passing the resolution through circulation on today i.e August 08, 2022 subject to approval of shareholders in ensuing Annual general Meeting.

The additional details as required pursuant to Regulation 30, SEBI Circular dated September 09, 2015 and other relevant provisions of the SEBI Listing Regulations, 2015 is enclosed as Annexure. Click Here to view the Intimation.

Board Meeting on August 13, 2022


Pursuant to Regulation 29 of the SEBI Listing Regulations, 2015, we hereby inform the Stock Exchange that the Meeting of Board of Directors of the Company is scheduled to be held on Saturday, August 13, 2022 inter alia to consider and approve the un-audited standalone and consolidated financial results for the quarter ended on June 30, 2022.

Further, as communicated earlier, pursuant to the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, and as per the Company's Code to Regulate, Monitor and Report Trading by Insiders, the trading window for dealing in the securities of the Company has been closed up to forty-eight hours after the announcement of the un-audited standalone and consolidated financial results for the quarter ended on June 30, 2022.

Intimation of closure of Trading Window as per the SEBI (Prohibition of Insider Trading) Regulations, 2015 for quarter ending on June 30, 2022


In terms of provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended and Company’s Code of Conduct to regulate, monitor and report trading by Designated Persons, the Trading Window for dealing in securities of the Company by Designated Persons shall remain closed from July 01, 2022 till 48 hours after the declaration of the financial results for the quarter ending on June 30, 2022 for all designated persons of the Company.

The date of the Board Meeting at which the said results will be considered shall be intimated in due course of time.

Disclosure of Related Party Transactions for the half year ended March 31, 2022


Pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company hereby submits related party transactions of the Company for the half year ended March 31, 2022. Click Here to view the Disclosure.

Outcome of Board Meeting held on May 27, 2022


Atul Auto Limited would like to inform you that the Board of Directors of Atul Auto Limited at its meeting held today i.e. Friday, May 27, 2022. Please Click Here to see the outcome.

Board Meeting on May 27, 2022: Audited Financial results for FY 2021-22


Pursuant to Regulation 29 of the SEBI Listing Regulations, 2015, we hereby inform that the Meeting of Board of Directors of the Company is scheduled to be held on Friday, May 27, 2022 inter alia to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended on March 31, 2022.

Further, as communicated earlier, pursuant to the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, and as per the Company's Code to Regulate, Monitor and Report Trading by Insiders, the trading window for dealing in the securities of the Company has been closed up to forty-eight hours after the announcement of the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2022.

Press release in respect of development of prototype Cargo and Passenger electric three wheeler by Atul Greentech Private Limited with the most reliable Honda Mobile Power Pack e:Swap and Valeo powertrain system


Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we are attaching herewith press release issued in respect of development of prototype Cargo and Passenger electric three wheeler by Atul Greentech Private Limited (Subsidiary of Atul Auto Limited) with the most reliable Honda Mobile Power Pack e:Swap and Valeo powertrain system. Click here to view the Press Release.

Intimation of closure of Trading Window as per the SEBI (Prohibition of Insider Trading) Regulations, 2015 for quarter/ year ending on March 31, 2022


In terms of provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended and Company’s Code of Conduct to regulate, monitor and report trading by Designated Persons, the Trading Window for dealing in securities of the Company by Designated Persons shall remain closed from April 01, 2022 till 48 hours after the declaration of the financial results for the quarter/ year ending on March 31, 2022 for all designated persons of the Company.

The date of the Board Meeting at which the said results will be considered shall be intimated in due course of time.

Outcome of Board Meeting Held Today i.e. February 12, 2022


Pursuant to regulation 30 (read with Part A of Schedule III) and regulation 33 of the SEBI Listing Regulations, 2015, we would like to inform you that the Board of Directors of Atul Auto Limited at its meeting held today i.e. Saturday, February 12, 2022 inter-alia approved the following:

1.considered and approved standalone and consolidated unaudited financial results for the quarter and nine months ended on December 31, 2021.

2.approved the proposal of Atul Greentech Private Limited (“Atul Green”), subsidiary of the company to manufacture, assemble and sale electric three-wheeler and authorized Mr. Paras Viramgama, Company Secretary & Compliance Officer of the Company to vote in favour of resolution to be proposed at shareholders’ meeting by Atul Green for alteration in object clause of Memorandum of Association of Atul Green.

3.approved the proposal of Atul Green to raise Rs.15 Crore by way of issue of equity shares on private placement basis at the price to be evaluated by Registered Valuer to the shareholder/s other than Atul Auto Limited which may include Mr. Vijay Kedia, Non-Executive Director (DIN: 00230480) of Atul Auto Limited, which in turn dilute the stake of Atul Auto Limited in Atul Green and authorized Mr. Paras Viramgama, Company Secretary & Compliance Officer of the Company to vote in favour of resolution to be proposed at shareholder’s meeting by Atul Green for increase of authorized share capital to facilitate the said issue (including amendment in capital clause accordingly) and to issue equity shares on private placement basis.

Board Meeting on February 12, 2022


Pursuant to Regulation 29 of the SEBI Listing Regulations, 2015, we hereby inform the Stock Exchange that the Meeting of Board of Directors of the Company is scheduled to be held on Saturday, February 12, 2022 inter alia to consider and approve the un-audited standalone and consolidated financial results for the quarter and nine months ended on December 31, 2021.

Further, as communicated earlier, pursuant to the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, and as per the Company's Code to Regulate, Monitor and Report Trading by Insiders, the trading window for dealing in the securities of the Company by the designated persons has been closed up to forty-eight hours after the announcement of the un-audited standalone and consolidated financial results for the quarter and nine months ended December 31, 2021.

INTIMATION OF CLOSURE OF TRADING WINDOW AS PER THE SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 2015 FOR QUARTER ENDING ON DECEMBER 31, 2021


In terms of provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended and Company’s Code of Conduct to regulate, monitor and report trading by Designated Persons, the Trading Window for dealing in securities of the Company by Designated Persons shall remain closed from January 01, 2022 till 48 hours after the declaration of the financial results for the quarter/ nine months ending on December 31, 2021 for all designated persons of the Company.

The date of the Board Meeting at which the said results will be considered shall be intimated in due course of time.

Disclosure of Related Party Transactions for the half year ended September 30, 2021


Pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company hereby submits related party transactions entered into by the Company on consolidated basis for the half year ended September 30, 2021. Click Here to view the Disclosure.

Outcome of Board Meeting Held Today i.e. November 13, 2021

Pursuant to regulation 30 (read with Part A of Schedule III) and regulation 33 of the SEBI Listing Regulations, 2015, we would like to inform you that the Board of Directors of Atul Auto Limited at its meeting held today i.e. Saturday, November 13, 2021 inter-alia considered and approved Standalone and Consolidated Unaudited Financial Results for the quarter and half year ended on September 30, 2021.

Board Meeting on November 13, 2021


Pursuant to Regulation 29 of the SEBI Listing Regulations, 2015, we hereby inform the Stock Exchange that the Meeting of Board of Directors of the Company is scheduled to be held on Saturday, November 13, 2021 inter alia to consider and approve the un-audited standalone and consolidated financial results for the quarter and half year ended on September 30, 2021.

Further, as communicated earlier, pursuant to the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, and as per the Company's Code to Regulate, Monitor and Report Trading by Insiders, the trading window for dealing in the securities of the Company by the designated persons has been closed up to forty-eight hours after the announcement of the un-audited standalone and consolidated financial results for the quarter and half year ended September 30, 2021.

Proceedings of 33rd Annual General Meeting

Thirty Third Annual General Meeting (AGM) of the Company held on Tuesday, September 28, 2021 at 03:30 p.m. (IST) through Video Conference (“VC”)/Other Audio Visual Means (“OAVM”) without physical presence of the members at the common venue in accordance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. The meeting concluded at 04:26 pm. Click Here to view the proceedings.

Commencement of Commercial Production at Bhayla (Dist. Ahmedabad) Plant

In terms of regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Part A of the Schedule III to the SEBI Listing Regulations, 2015, we hereby inform that the commercial production at Bhayla (Ta. Bavla, Dist. Ahmedabad) Plant of the Company for manufacturing three wheeler automobiles has been commenced on September 27, 2021.

Acquisition of equity shares of Khushbu Auto Finance Limited whereby making it wholly owned subsidiary


Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and with reference to our earlier disclosures vide letter dated October 30, 2020 and July 30, 2021, Atul Auto Limited (“the Company”) hereby informs the stock exchanges that the Company has completed the acquisition of 70% equity share capital of Khushbu Auto Finance Limited (“KAFL”) whereby making it Wholly Owned Subsidiary on September 01, 2021. Before the acquisition, the Company was holding 30% equity share capital of KAFL.

The brief details about the acquisition as required under SEBI Circular dated September 09, 2015 are given in the annexure.

Further, the Trading Window for dealing in securities of the Company by Designated Persons shall open after forty eight hours from the date of acquisition of shares of Khushbu Auto Finance Limited. Please Click here to view the Announcement.

Outcome of Board Meeting Held Today i.e. August 07, 2021


Pursuant to regulation 30 (read with Part A of Schedule III) and 33 of the SEBI Listing Regulations, 2015, we would like to inform you that the Board of Directors of Atul Auto Limited at its meeting held today i.e. Saturday, August 07, 2021 inter-alia decided as under:

1.Considered and approved Standalone and Consolidated Unaudited Financial Results for the quarter ended on June 30, 2021.

2.Constituted Risk Management Committee with three Directors namely Mr. Mahendra J Patel, Mr. Neeraj J Chandra and Mr. Vijay K Kedia pursuant to regulation 21(5) of the SEBI Listing Regulations, 2015.

3.Formulated Dividend Distribution Policy pursuant to regulation 43A of the SEBI Listing Regulations, 2015

Board Meeting on August 07, 2021


Pursuant to Regulation 29 of the SEBI Listing Regulations, 2015, we hereby inform the Stock Exchange that the Meeting of Board of Directors of the Company is scheduled to be held on Saturday, August 07, 2021 inter alia to consider and approve the un-audited standalone and consolidated financial results for the quarter ended on June 30, 2021.

Further, as communicated earlier, pursuant to the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, and as per the Company's Code to Regulate, Monitor and Report Trading by Insiders, the trading window for dealing in the securities of the Company by the designated persons has been closed up to forty-eight hours after the announcement of the un-audited standalone and consolidated financial results for the quarter ended June 30, 2021 or up to forty-eight hours after completion of the acquisition of shares of Khushbu Auto Finance Limited whichever is later.

Update in Acquisition of equity shares of Khushbu Auto Finance Limited whereby making it wholly owned subsidiary


This is continuation of our letter dated October 30, 2021 informing the Stock Exchanges about decision of the Board of Directors of Atul Auto Limited to acquire equity shares of Khushbu Auto Finance Limited whereby making it wholly owned subsidiary subject to approval of Reserve Bank of India (“RBI”).

Further, we would like to inform you that RBI has given its approval to the said acquisition for transfer of control/ shareholding in Khushbu Auto Finance Limited in terms of Para 3 of Non-Banking Financial Companies (Approval of Acquisition or Transfer of Control) Directions, 2015. The RBI approval letter No. AMD.DOS.RGS.NO.S277/01-10-262/2021-2022 dated July 29, 2021 is attached herewith for your ready reference.

The Company is causing to publish thirty days prior public notice about the change in control/shareholding in newspaper as required by the applicable RBI Circular. The Company will further inform the Stock Exchange once the acquisition will be done post-completion of thirty days of newspaper advertisement. Please Click here to view the Announcement.

Disclosure of Related Party Transactions for the half year ended March 31, 2021


Pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company hereby submits related party transactions entered into by the Company on consolidated basis for the half year ended March 31, 2021. Click here to view the Disclosure.

INTIMATION OF CLOSURE OF TRADING WINDOW AS PER THE SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 2015 FOR QUARTER ENDING ON JUNE 30, 2021


In terms of provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended and Company’s Code of Conduct to regulate, monitor and report trading by Designated Persons, the Trading Window for dealing in securities of the Company by Designated Persons shall remain closed from July 01, 2021. As the trading window is already closed since the acquisition of shares of Khushbu Auto Finance Limited is in process, the trading window shall factually remain closed till 48 hours after the declaration of the financial results for the quarter ending on June 30, 2021 or till 48 hours after completion of the acquisition of shares of Khushbu Auto Finance Limited whichever is later.

The date of the Board Meeting at which the said results will be considered shall be intimated in due course of time.

Outcome of Board Meeting Held Today i.e. June 25, 2021


With reference to the above subject, we would like to inform you that the Board of Directors of Atul Auto Limited at its meeting held today i.e. Friday, June 25, 2021 inter-alia decided as under:

1. Considered and approved standalone and consolidated financial results of the company and auditors reports thereon for the quarter ended (reviewed)/ financial year ended (audited) on March 31, 2021

2.Considered and approved audited standalone and consolidated financial statements of the company for the financial year ended March 31, 2021 and auditors reports thereon.

3. Re-appointed Mr. Jayantibhai J Chandra (DIN: 00057722) as Chairman and Managing Director of the Company for a term of three years with effect from April 01, 2022 subject to approval of shareholders in upcoming Annual General Meeting

4. Re-appointed Mr. Mahendra J Patel (DIN: 00057735) as Whole-time Director & CFO of the Company for a term of three years with effect from April 01, 2022 subject to approval of shareholders in upcoming Annual General Meeting

5. Re-appointed Ms. Aarti J Juneja (DIN: 06872059) as Independent Director of the Company for a second term of three years with effect from February 09, 2022 subject to approval of shareholders in upcoming Annual General Meeting

Board Meeting on June 25, 2021


Pursuant to Regulation 29 of the SEBI Listing Regulations, 2015, we hereby inform the Stock Exchange that the Meeting of Board of Directors of the Company is scheduled to be held on Friday, June 25, 2021 inter alia to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended on March 31, 2021.

Further, as communicated earlier, pursuant to the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, and as per the Company's Code to Regulate, Monitor and Report Trading by Insiders, the trading window for dealing in the securities of the Company has been closed up to forty-eight hours after the announcement of the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2020 or up to forty-eight hours after completion of the acquisition of shares of Khushbu Auto Finance Limited whichever is later.

INTIMATION OF CLOSURE OF TRADING WINDOW AS PER THE SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 2015 FOR QUARTER ENDING ON MARCH 31, 2021


In terms of provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended and Company’s Code of Conduct to regulate, monitor and report trading by Designated Persons, the Trading Window for dealing in securities of the Company by Designated Persons shall remain closed from April 01, 2021. As the trading window is already closed since the acquisition of shares of Khushbu Auto Finance Limited is in process, the trading window shall factually remain closed till 48 hours after the declaration of the financial results for the quarter/ year ending on March 31, 2021 or till 48 hours after completion of the acquisition of shares of Khushbu Auto Finance Limited whichever is later.

The date of the Board Meeting at which the said results will be considered shall be intimated in due course of time.

Disclosure of press release for launching of Atul Rik CNG under Regulation 30 of the SEBI (LODR) Regulations, 2015


Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we are attaching herewith press release issued on occasion of launching of all new Nxt Gen, Atul RIK CNG Autorickshaw by the Company. Please Click here to view the Press Release.

Outcome of Board Meeting Held Today i.e. February 11, 2021


With reference to the above subject, we would like to inform you that the Board of Directors of the Company at its meeting held today i.e. Thursday, February 11, 2021 considered and approved the unaudited standalone and consolidated financial results for the quarter/ nine months ended on December 31, 2020.

The meeting of Board of Directors Commenced at 04.15 pm and ended at 06:40 pm.

Board Meeting on February 11, 2021


Pursuant to Regulation 29 of the SEBI (LODR) Regulations, 2015, we hereby inform the Stock Exchange that the Meeting of Board of Directors of the Company is scheduled to be held on Thursday, February 11, 2021 inter alia to consider and approve the unaudited standalone and consolidated financial results for the quarter/ nine months ended on December 31, 2020.

Further, as communicated earlier, pursuant to the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, and as per the Company's Code to Regulate, Monitor and Report Trading by Insiders, the trading window for dealing in the securities of the Company has been closed up to forty-eight hours after the announcement of the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2020 or up to forty-eight hours after completion of the acquisition of shares of Khushbu Auto Finance Limited whichever is later.

INTIMATION OF CLOSURE OF TRADING WINDOW AS PER THE SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 2015 FOR QUARTER ENDING ON DECEMBER 31, 2020


In terms of provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended and Company’s Code of Conduct to regulate, monitor and report trading by Designated Persons, the Trading Window for dealing in securities of the Company by Designated Persons shall remain closed from January 01, 2021. As the trading window is already closed since the acquisition of shares of Khushbu Auto Finance Limited is in process, the trading window shall factually remain closed till 48 hours after the declaration of the financial results for the quarter/ nine months ending on December 31, 2020 or till 48 hours after completion of the acquisition of shares of Khushbu Auto Finance Limited whichever is later.

The date of the Board Meeting at which the said results will be considered shall be intimated in due course of time.

Disclosure of Related Party Transactions for half year ended September 30, 2020


Pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company hereby submits related party transactions for half year ended September 30, 2020 entered into by the Company on consolidated basis in the format specified in the accounting standards. Please Click here to view the Disclosure

Outcome of Board Meeting Held Today i.e. November 07, 2020


With reference to the above subject, we would like to inform you that the Board of Directors of Atul Auto Limited at its meeting held today i.e. Saturday, November 07, 2020 inter-alia transacted and approved the unaudited standalone and consolidated financial results for the quarter and half year ended on September 30, 2020

The meeting of Board of Directors Commenced at 12.01 pm and ended at 01:20 pm.

INTIMATION OF CLOSURE OF TRADING WINDOW AS PER THE SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 2015


In terms of provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and Company’s Code of Conduct to regulate, monitor and report trading by Designated Persons, the Trading Window for dealing in securities of the Company by Designated Persons shall remain closed till 48 hours after the completion of the acquisition of shares of Khushbu Auto Finance Limited, the details of which has been informed by the Company vide its letter ref. no. AtulAUTO/SEs/Disclosure/Reg30/ApprovalToAcquire dated October 30, 2020.

Board Meeting on November 07, 2020


Pursuant to Regulation 29 of the SEBI (LODR) Regulations, 2015, we hereby inform the Stock Exchange that the Meeting of Board of Directors of the Company is scheduled to be held on Saturday, November 07, 2020 inter alia to consider and approve the unaudited standalone and consolidated financial results for the quarter and half year ended on September 30, 2020.Further, as communicated earlier, pursuant to the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, and as per the Company's Code to Regulate, Monitor and Report Trading by Insiders, the trading window for dealing in the securities of the Company has been closed up to forty-eight hours after the announcement of the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2020.

Approval to acquire equity shares of Khushbu Auto Finance Limited whereby making it Wholly Owned Subsidiary


Pursuant to regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Atul Auto Limited hereby inform that the Board of Directors has at its meeting held on 30th October 2020 approved to acquire 70% of the equity share capital of Khushbu Auto Finance Limited (“KAFL”) whereby making it Wholly Owned Subsidiary subject to required regulatory approval. Currently, the Company holds 30% of the equity share capital of KAFL.

Please Click here to get brief details about the approved acquisition, as required under SEBI Circular dated September 09, 2015.

Voting Results of 32nd Annual General Meeting along with the Scrutinizer’s Report

With reference of above mention subject, we are enclosing herewith the details of Voting Results (remote e-voting and e-voting during the AGM) of 32nd Annual General Meeting (“AGM”) of the Company held on September 29, 2020 at 03:00 pm (IST) through VC/OAVM, in compliance with the relevant provisions of the Companies Act, 2013 read with the Rules made thereunder and in accordance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India in the format prescribed under Regulation 44(3) of the SEBI (LODR) Regulations, 2015 with Scrutinizer’s Report Pursuant to section 109 of the Companies Act, 2013 and rule 21(2) of the Companies (Management and Administration) Rules, 2014. Please Click here to view the Voting Results along with the Scrutinizer’s Report.

Proceedings of 32nd Annual General Meeting

Thirty Second Annual General Meeting (AGM) of the Company was held on Tuesday, September 29, 2020 at 03:00 p.m. (IST) through Video Conference (“VC”)/Other Audio Visual Means (“OAVM”) without physical presence of the members at the common venue in accordance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. All the items of business contained in the Notice of 32nd AGM were transacted. Click Here to view the proceedings.

Closure of Trading Window for September 2020 Quarter

In terms of provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended and Company’s Code of Conduct to regulate, monitor and report trading by Designated Persons, the Trading Window for dealing in securities of the Company by Designated Persons shall remain closed from Thursday, October 01, 2020 till 48 hours after the declaration of unaudited financial results for the quarter and half year ending on September 30, 2020. The date of the Board Meeting at which the said results will be considered shall be intimated in due course of time.

Analyst -- Investor Meet

Mr. Neeraj J Chandra, Whole-time Director (DIN: 00065159) and Mr. J V Adhia, President – Finance of the Company is going to meet Analyst/s of Laburnum Capital at 04.00 pm on September 26, 2020 through Video Conference.

Analyst - Investor Meet


The management of the Company is going to take part in B&K Investor Meet by Batlivala & Karani Securities India Private Limited on September 15, 2020 through Video Conformance. The management of the Company will meet various analysts/ institutional investors there.

Appointment of Mr. Vijay Kumar Goel as Independent Director (Additional)


With reference to the above subject, we would like to inform that the Board of Directors of Atul Auto Limited at its meeting held on Tuesday, August 25, 2020 has appointed Mr. Vijay Kumar Goel as an Additional Director (Independent Director) with effect from August 25, 2020. His brief profile is as under:

Mr. Goel, Aged 55 years is a Chartered Accountant by profession. He has also graduated in commerce from Delhi University and undergone Special Management program from IIM-Calcutta, Infrastructure Development and Financing Program from IIM-Ahmedabad and Venture Capital Development Program from ISB-Hyderabad. He has expert skill and experience in Infrastructure Project financing, Structuring of Organisation, contract and due diligence with a post qualification experience of around 30 years. He has arranged large Infrastructure funding, working capital and private equity amounting to more than $ 500 Million. He has performed several audit assignments of large banks and financial institution. He has travelled to various countries for Government and Business Delegations. He was appointed as Non-official Director on the Board of Indian Bank, a listed entity with a business of around $65 Billion. He was chairman of Audit Committee for two years and was part of Recovery Committee, Risk Management and Large Value Fraud Committee apart from Member of Central Board.

Further, the Board of Directors also took note of retirement of Dr. Margie Parikh (DIN: 07056179) as her term as Independent Director expires on August 30, 2020.

Outcome of Board Meeting Held on August 25, 2020


With reference to the above subject, we would like to inform you that the Board of Directors of Atul Auto Limited at its meeting held today i.e. Tuesday, August 25, 2020 and inter-alia decided as under:

1. Approved Standalone and Consolidated Unaudited Financial Results for the quarter ended on June 30, 2020.

2. Appointed Mr. Vijay Kumar Goel (DIN: 05014980) as Independent Director (Additional) of the Company with effect from August 25, 2020.

3. Took note of retirement of Dr. Margie Parikh (DIN: 07056179) as her term as Independent Director expires on August 30, 2020.

The meeting of Board of Directors Commenced at 03.45 pm and ended at 06:35 pm.

Board Meeting on August 25, 2020


Pursuant to Regulation 29 of the SEBI (LODR) Regulations, 2015, we hereby inform the Stock Exchange that the Meeting of Board of Directors of the Company is scheduled to be held on Tuesday, August 25, 2020 inter alia to consider and approve the unaudited standalone and consolidated financial results for the quarter ended on June 30, 2020.

Further, as communicated earlier, pursuant to the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, and as per the Company's Code to Regulate, Monitor and Report Trading by Insiders, the trading window for dealing in the securities of the Company has been closed up to forty-eight hours after the announcement of the unaudited standalone and consolidated financial results for the quarter ended June 30, 2020.

Closure of Trading Window..


In terms of provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended and Company’s Code of Conduct to regulate, monitor and report trading by Designated Persons, the Trading Window for dealing in securities of the Company by Designated Persons shall remain closed from Wednesday, July 01, 2020 till 48 hours after the declaration of unaudited financial results for the quarter ending on June 30, 2020.The date of the Board Meeting at which the said results will be considered shall be intimated in due course of time.

Outcome of Board Meeting Held on June 27, 2020


With reference to the above subject, we would like to inform you that the Board of Directors of the Company at its meeting held today i.e. Saturday, June 27, 2020 inter-alia decided as under:

1. Approved Standalone and Consolidated Audited Financial Results for the quarter and financial year ended on March 31, 2020.
2. Reappointed Mr. Neeraj J Chandra, Whole-time Director (DIN: 00065159) of the Company subject to approval of shareholders.

The meeting of Board of Directors Commenced at 11.30 p.m. and concluded at 04.30 pm.