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Annexure 2 to Board’s Report
Annual Report on CSR Activities

[Pursuant to Section 135 of the Companies Act, 2013 (‘the Act’) and Rules made thereunder]

A. CSR REPORT:

1. A brief outline of the Company’s CSR policy, Tata Chemicals Limited (‘the Company’) is committed to upholding the
including overview of projects or programs highest standards of CSR. We endorse the Tata Group purpose of improving
proposed to be undertaken and a reference to the quality of life of the communities we serve through long term stakeholder
the web-link to the CSR policy and projects or value creation. We believe in positively impacting the environment and
programmes. supporting the communities we operate in, focusing on sustainability of our
programmes and empowerment of our communities.

The Company has framed a CSR Policy in compliance with the provisions
of the Act, which is available on the Company’s website and the web
link for the same is http://www.tatachemicals.com/upload/content_pdf/csr-
policy_20161012071424.pdf.

2. The composition of the CSR Committee. i. Mr. S. Padmanabhan (Chairman)

ii. Ms. Vibha Paul Rishi
iii. Mr. R. Mukundan
3. Average net profit of the Company for last three ` 839.79 crore (as per Section 198 of the Act)
financial years
4. Prescribed CSR Expenditure (two percent of the ` 16.80 crore
amount as in item 3 above)
5. Details of CSR spent for the financial year:
a. Total amount spent for the financial year ` 14.28 crore

b. Amount unspent, if any: ` 2.52 crore
c. Manner in which the amount spent during The manner in which the amount has been spent is detailed in Part B of the
the financial year is detailed below: Annexure
6. In case the Company has failed to spend the two Funds have been allocated to ongoing projects that are being implemented
per cent of the average net profit of the last three over 2-3 years. Expenditure is being done based on implementation status of
financial years or any part thereof, the Company the projects.
shall provide the reasons for not spending the
amount in its Board Report. Out of unspent amount of ` 2.52 crore, ` 1.70 crore was spent in the month
of April 2018. The balance amount of ` 0.82 crore will be spent in the financial
year 2018-19, as agreed by the Board.
7. A responsibility statement of the CSR Committee The implementation and monitoring of CSR Policy is in compliance with CSR
that the implementation and monitoring of CSR objectives and policy of the Company.
Policy, is in compliance with CSR objectives and
policy of the Company.

70 Annual Report 2017-18