2 Annual Report 2019-20 I Atul Foundation Kasturbhai Lalbhai (1894 - 1980) The legacy of Mr Kasturbhai Lalbhai has been synonymous with three terms in the broadest sense: excellence, perseverance and trusteeship. Social responsibility must include sympathy, helpfulness and willingness to forego self interest in order to promote the welfare, happiness and contentment of others and of the country as a whole. ~ Kasturbhai Lalbhai Balwantrai Mazumdar (1902 -1981) An economist, Mr Balwantrai Mazumdar was a voracious reader, sound thinker, patient listener and a farsighted professional. He created an atmosphere of camaraderie that brought out the collective best in the people of Atul. He was the moving force behind making the first site of Atul one of the largest eco-friendly manufacturing facilities of its kind in the world. He remained with the Group till the end of his life as did most of the people who worked with Mr Kasturbhai Lalbhai. Siddharth Lalbhai (1923 - 1998) A chemical engineer and the elder son of our Founder, Mr Siddharth Lalbhai dedicated his life to the development of Atul. He accorded equal value to creation of wealth and service to society. The principles of trusteeship that he upheld, the personal qualities of integrity, perseverance and simplicity that he lived by and the single-minded devotion that he gave to tasks on hand will always remain our guiding force.