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.

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.

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.