Atul Ltd Annual Report 2016-17

Atul Ltd | Annual Report 2016-17

Corporate Social Responsibility

3.1 Policy, programs and scope

3.1.1 Policy

Atul will help enhance the quality of life of the people belonging to the marginalised sections of the society and

volunteer its resources to the extent it can reasonably afford to Atul Foundation (Trust) and (or) other entities under its

umbrella. The Foundation will particularly undertake projects in and around the locations where the Company operates.

3.1.2 Programs and scope

Atul Foundation will take up projects and | or carry out activities under 3 broad programs: i) Education and Empowerment,

ii) Health and Relief and iii) Conservation and Infrastructure with varied scope of work.

Education and Empowerment

a) Establish and | or support schools

b) Establish and | or support colleges

c) Establish and | or support vocational institutes

d) Encourage sports

e) Promote integrated development of tribal areas

ii) Health and Relief

a) Enhance rural hygiene and sanitation

b) Establish mobile medical care facilities

c) Organise medical camps

d) Establish medi-care centres

e) Assist during natural calamities

iii) Conservation and Infrastructure

a) Protect environment

b) Develop and | or maintain rural utilities

c) Develop and | or maintain rural amenities

d) Restore sites of historical importance

e) Promote use of renewable resources

Please refer to the following web-link for details of policy, programs and projects:

3.2 Committee

» H S Shah (Chairman)

» S S Lalbhai

» B N Mohanan

3.3 Expenditure: determination and actual spent

(

cr)

Particulars

Amount

Average net profit of the Company of the last 3 financial years

329.31

Prescribed CSR expenditure, at 2% of above

6.59

Total amount spent for 2016-17

6.60

Amount unspent by the Company

Nil