Page 121 - Tata_Chemicals_yearly-reports-2020-2021

Integrated Report Statutory Reports Financial Statements
1-59 Corporate Governance Report 147-300

Name, designation and address of the Compliance • Review and monitor the Company’s CSR policy and
Officer activities of the Company on behalf of the Board
Mr. Rajiv Chandan to ensure that the Company is in compliance with
General Counsel & Company Secretary appropriate laws and legislations;
Tata Chemicals Limited • Provide guidance to management to evaluate long
Bombay House, 24 Homi Mody Street term strategic proposals (including technologies
Fort, Mumbai - 400 001 adopted) with respect to CSR implications;
Tel. No.: +91 22 6665 8282 • Formulate and recommend to the Board (including any
Email: investors@tatachemicals.com revisions thereto), an annual action plan in pursuance
The Company has taken various investor-friendly activities of the CSR policy and have an oversight over its
like encouraging investors to register their email ids, facility implementation;
for registration of email ids for the limited purpose of • Review the impact assessment carried out for the
receiving Annual Report and e-Voting at the Annual General projects of the Company as per the requirements of the
Meeting in view of the Covid-19 pandemic, activities and law.
initiatives during the e-AGM and preparation of the Digital The Board has adopted a charter for the CSR Committee
Annual Report for FY 2019-20 to enable a live feel of the for its smooth functioning. The Company has revised the
Annual Report. Encouraging the corporate shareholders CSR Policy and the Charter pursuant to the Companies
for converting their holdings in dematerialised form, (Corporate Social Responsibility) Amendment Rules, 2021.
communication to shareholders for updating their bank The same is displayed on the website of the Company at
account details and other details for payment of dividend and https://www.tatachemicals.com/CSRPolicy2021.htm. A CSR
tax deducted at source related activity and communication Report giving details of the CSR activities undertaken by
of quarterly financial results to the shareholders via email are the Company during the year under review, along with the
some of the other investor-friendly initiatives undertaken by amount spent forms part of the Board’s Report.
the Company.
The Chairperson of the SRC briefs the Board at each Board Meetings Held
Meeting about the significant discussions at the SRC During FY 2020-21, three (3) Meetings of the CSR Committee
Meetings. were held on the following dates:
Ms. Vibha Paul Rishi, Chairperson of the SRC, was present at • July 30, 2020 • November 17, 2020
the e-AGM of the Company held on July 7, 2020. • February 11, 2021

6. Corporate Social Responsibility Committee The necessary quorum was present for all the Meetings of
the Committee.
The Corporate Social Responsibility (‘CSR’) Committee of
the Board is constituted in accordance with the provisions Composition and Attendance
of Section 135 of the Act. The CSR Committee has been No. of
entrusted with the specific responsibility of reviewing Name of Meetings No. of
corporate social responsibility programmes. The scope of the Member Category held during Meetings
the CSR Committee also includes approving the budget of tenure attended
CSR activities, reviewing the CSR programmes, formulation
of annual action plan and monitoring the CSR spends. Mr. S. Padmanabhan NED 3 3
(Chairman)
Terms of Reference Ms. Vibha Paul Rishi @ ID 1 1
The terms of reference of the CSR Committee, inter alia, are as Dr. C. V. Natraj # ID 2 2
under: Mr. R. Mukundan MD & 3 3
• Formulate and recommend to the Board the CSR CEO
policy containing guiding principles for selection, Mr. Zarir Langrana @ ED 1 1
implementation and monitoring of CSR activities as ID - Independent Director; NED - Non-Executive Director; MD & CEO -
specified under Schedule VII of the Act; Managing Director & Chief Executive Officer; ED - Executive Director
• Recommend the amount to be spent on CSR activities @ Ceased to be Members of the Committee w.e.f. September 1, 2020
and review reports on performance of CSR; # Appointed as a Member of the Committee w.e.f. September 1, 2020

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