Atul Limited Appoints Shantanu Khosla as Independent Director for Five-Year Term
Atul Limited has appointed Mr. Shantanu Khosla as an Independent Director for a five-year term, approved by shareholders through postal ballot voting. Mr. Khosla brings four decades of FMCG industry experience, including senior roles at Procter & Gamble and Crompton Greaves Consumer Electricals Ltd. He holds a B.Tech from IIT Mumbai and a management diploma from IIM Kolkata. The appointment aligns with Atul's corporate governance practices, following all necessary regulatory procedures.

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Atul Limited , a prominent player in the chemical industry, has announced the appointment of Mr. Shantanu Khosla as an Independent Director for a five-year term. The appointment was approved by shareholders through a postal ballot voting process, with the special resolution passed by the requisite majority via remote e-voting.
Shareholder Approval
The company's shareholders have given their consent to Mr. Khosla's appointment for five consecutive years. This approval solidifies his position on the board and demonstrates shareholder confidence in his potential contributions to the company.
Extensive Industry Experience
Mr. Khosla brings a wealth of experience to Atul Limited's board, with a career spanning four decades in the Fast-Moving Consumer Goods (FMCG) industry. His professional journey includes:
- Senior positions with Procter & Gamble across multiple countries
- 15 years as the Head of Procter & Gamble India
- Managing Director of Crompton Greaves Consumer Electricals Ltd from 2015 to 2024
- Current roles as Non-executive Vice Chairman of Crompton Greaves Consumer Electricals Ltd and Operating Partner at Advent, a private equity firm
Educational Background
Mr. Khosla's academic credentials include:
- B.Tech degree from the Indian Institute of Technology (IIT), Mumbai
- Management diploma from the Indian Institute of Management (IIM), Kolkata
Board Independence
The company has confirmed that Mr. Khosla holds no relationships with other directors on Atul's board and does not own any shares in the company, underlining his independence in the role.
Corporate Governance
This appointment aligns with Atul Limited's commitment to strong corporate governance practices. The company has followed the necessary regulatory procedures, including:
- Recommendation by the Nomination and Remuneration Committee
- Approval by the Board of Directors
- Disclosure to stock exchanges as per SEBI regulations
- Shareholder approval through postal ballot
The appointment of Mr. Khosla, with his extensive experience in consumer goods and leadership roles, is expected to bring valuable insights to Atul Limited as it navigates future growth and market challenges in the chemical industry.
Historical Stock Returns for Atul
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.30% | -2.84% | -2.37% | -19.70% | -22.07% | -6.33% |




































