At the board meeting held on August 10, 2019, Atul Auto Limited appointed Mr. Mohanjit Singh Walia as Independent Director (Additional) of the Company with effect from August 10, 2019. He has over 34 years of rich experience and quantifiable achievements in decisive leadership, business development, channel development & management, strategic planning etc. He has expertise in strategic technology planning, streamlining new product development cycle with key focus on first time right and design to cost, and reduced product development cycle. The board also took note of retirement of Mr. Hakubhai Lalakiya and Mr. Hemantkumar J Bhatt on expiring their second term as Independent Directors on August 11, 2019.