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File: Companies Act 2013 Pdf 161906 | Socialresp
corporate social responsibility report on corporate social responsibility pursuant to section 135 2 of companies act 2013 has been presented in a separate section forming part of the board s ...

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                                             CORPORATE SOCIAL RESPONSIBILITY 
        Report on Corporate Social Responsibility pursuant to Section 135(2) of Companies Act, 2013 has been 
        presented in a separate section forming part of the Board’s Report (ANNEXURE-V). 
                                                                                                                                   ANNEXURE-V 
                                                               CSR Activities 2021-22 
        Brief outline on CSR Policy of the Company: 
         
        ECL has adopted and implemented CIL CSR Policy which is in consonance with amendment of Companies 
        Act, 2013 and CSR Amendment Rules, 2014. The DPE Guidelines vide F. No. 15(13)/2013-DPE (GM) 
        dated 21st October, 2014 effective from 01.04.2014 is also adhered. Our CSR initiatives has integrated 
        our  business  with  social  processes  by  extending  our  social  responsibility  primarily  focusing  on 
        underprivileged,  marginalised  and  Project  Affected  People  (PAPs)  staying  around  ECL’s  Operational 
        Areas. As per the provision under CIL CSR Policy, 80% of the fund should be utilised within the radius of 
        25 Km of ECL HQ/Area/Project and remaining 20% would be spent within the State/State of operation. It 
        is  ensured that poor and needy section of the society derives the maximum benefit to support their 
        development and sustainability. 
         
        Composition of CSR Committee during the year: 
           Sl.            Name of the Member                         Designation             Meeting held during              No. of Meetings 
           No.                                                                               respective tenure of                  attended 
         1.         Shri Shiv Tapasya Paswan                      Chairman                  01      members                   01 
         2.         Shri Sanjiv Soni                              Member                    02                                01 
         3.         Shri S.N. Tiwari                              Member                    03                                Nil 
         4.         Shri Animesh Bharti                           Member                    05                                04 
         5.         Shri Pravin Kant                              Member                    05                                05 
         6.         Shri A.K. Ganeriwala                          Member                    05                                05 
         7.         Smt. Dharmshila Gupta                         Member                    01                                01 
          8.        Shri Shiv Narayan Pandey                      Member                    01                                01 
        The web-link where Composition of CSR committee, CSR Policy and CSR projects approved by the Board 
        are disclosed on the website of the company: 
         
        ECL has developed a CSR portal that provides the information related to Composition of CSR Committee, 
        CSR Policy and CSR projects approved by the Board. The further information can be found in the web-
        link -  http://secureloginecl.co.in/csr/index.php.  
         
        ECL has also developed an ECL CSR Photo App (can be downloaded from play store) where the project 
        related details like project name, location, sector, implementing agency, project cost and photographs of 
        CSR projects are updated on regular basis. 
          
                 Distribution of football to local villagers                                      ECL is committed for better                    
                                                                                                    health care for villagers 
        The details of Impact Assessment of CSR projects carried out in pursuance of sub-rule (3) of rule 8 of the 
        Companies (Corporate Social Responsibility Policy) Rules, 2014, if applicable: 
         
        This study aims to investigate the functionality and satisfaction levels of existing toilets both functional 
        and dysfunctional in total 1952 schools located in 10 blocks of  Deoghar having a total number of 692 
        schools, 5 blocks of Sahibganj having a total number of 145 schools and 23 blocks of Purulia having a 
        total number of 1115 schools districts of Jharkhand and West Bengal respectively and to examine the 
        social factors impacting sustainability of schemes; examine links between participatory planning, social 
        accountability, governance and scheme sustainability; and identify issues for best practice guidelines for 
        development practitioners to bring about improved sustainability. 
         
        During the study, a total number of 3372 schools in 38 blocks within the 3 districts of Jharkhand and 
        West Bengal were surveyed. The objective of the study was to understand the outcomes of the project 
        through physical verification of infrastructure and collection of feedback from the beneficiaries for the 
        constructed toilets by the following measures such as its utilization, quality of construction, hygienic 
        conditions, increase in the attendance after construction of toilets and the reach of the message within 
        the students and the society under the “Swachh Bharat Swachh Vidyalaya Abhiyan”. 
         
        Both qualitative and quantitative data collection instruments were used to achieve these objectives. Data 
        collection  activities  include  the  schools  where  the  toilets  were  constructed.  At  the  school  level,  the 
        following process took place to acquire in-depth information: key informant interviews focused group 
        discussions (FGDs) on toilets that are in use through the installation of all the necessary amenities like 
        water, pits doors, number of urinals & wash closets (WCs) for both boys and girls, Status of Cleaning etc., 
        by ECL. In addition, documentary review along with the physical observation of all the schools was 
        carried out. The technique used in the data collection included physical verification of the constructed 
        toilets, their utilization, available facilities, hygienic conditions, and interaction with the school's staff 
        members. 
         
        Findings of the study reveal that the surveyed schools do have sufficient number of toilets with more or 
        less the required facilities, however, some of the toilets need more attention in terms of maintaining the 
        consistency in terms of the construction and the installation of some more provisions. Some of the school 
        authorities have expressed satisfaction while, some have expressed their dissatisfaction towards the 
        construction of the toilets but, majority of the school staff were happy to see that the ECL has generously 
        funded for such a noble cause. This initiative will invariably make the life of school going children easier. 
        The detail report can be found in- http://secureloginecl.co.in/csr/index.php 
         
          
        ‘SwasthyaSetu’ free Ambulance Service started at Shikaripara&Kathikund Block of Dumka District under 
        CSR 
         
        Details  of  the  amount  available  for  set-off  in  pursuance  of  sub-rule  (3)  of  rule  7  of  the  Companies 
        (Corporate Social Responsibility Policy) Rules, 2014 and amount required for set off for the financial 
        year, if any: 
         Sl.      Financial Year                        Amount available for set-off from  Amount required to be set-
         No.                                            preceding financial years (in Rs.)                   off for the financial year, if 
                                                                                                             any (in Rs. ) 
         1.       2021-22                               Nil                                                  Nil 
        Average net profit of the company as per section 135(5):Rs. 628.87 Crore. 
         
        2% of average net profit of the company as per section 135(5): Rs. 12.57 Crore. 
        Surplus arising out of the CSR projects or programmes or activities of the previous financial years: Nil 
        Amount required to be set off for the financial year, if any: Nil 
        Total CSR obligation for the financial year (7a+7b-7c): Rs. 12.57 Crore. 
         
         
       CSR amount spent or unspent for the financial year: 
         Total      Amount  Amount Unspent (in Rs.) 
         Spent  for  the  Total Amount transferred to  Amount  transferred  to  any  fund  specified 
         Financial  Year  Unspent CSR Account as per  under Schedule VII as per second proviso to 
         (in Rs.)                section 135(6)                            section 135(5) 
                                 Amount                Date          of  Name  of  the  Amount                      Fund  Amount. 
                                                       transfer            Fund                                     Date of transfer 
         Rs. 13.86 Crore         Nil                   N.A.                N.A.                  Nil                N.A. 
       Details of CSR amount spent against ongoing projects for the financial year: Amount spent against 
       ongoing projects during the financial year 2021-22 was Rs. 5.10 Crore. Details are attached as Annexure-
       A. 
        
       Details of CSR amount spent against other than ongoing projects for the financial year: Amount 
       spent against other than ongoing projects during the financial year 2021-22 was Rs. 8.51 Crore. Details 
       are attached as Annexure-B. 
                                     Distribution of bio-degradable bags at Kajora Area of ECL                                          
        
       Amount spent in Administrative overheads: Nil 
        
       Amount spent in Impact Assessment, if applicable: Rs.0.25 Crore (Details are attached as Annexure-
       C) 
        
       Total amount spent for the Financial Year (8b+8c+8d+8e):Rs. 13.86 Crore. 
        
       Excess amount for set off, if any: 
         Sl. No.     Particulars                                                                                 Amount (Rs. Cr) 
         1.          Two percent of average net profit of the company as per section 135(5)                      12.57 Crore 
         2.          Total amount spent for the Financial Year                                                   13.86 Crore 
         3.          Excess amount spent for the financial year [(ii)-(i)]                                       1.29 Crore 
         4.          Surplus arising out of the CSR projects or programmes or activities of  Nil 
                     the previous financial years, if any 
         5.          Amount available for set off in succeeding financial years [(iii)-(iv)]                     Nil 
        Details of Unspent CSR amount for the preceding three financial years: 
         Sl.      Preceding          Amount                    Amount             Amount transferred to any fund  Amount 
         No.      Financial          transferred  to  spent                 in  specified  under  Schedule  VII  as  remaining 
                  Year               Unspent           CSR  the                   per section 135(6), if any                         to be spent 
                                     Account  under  reporting                    Name  of  Amount                  Date        of  in 
                                     section  135(6)  Financial                   the Fund         (in Rs.)         Transfer         succeeding 
                                     (in Rs.)                  Year                                                                  financial 
                                                               (in Rs.)                                                              years       (in 
                                                                                                                                     Rs.) 
         1.       2018-19            Nil                       Nil                N.A.             N.A.             N.A.             Nil 
         2.       2019-20            Nil                       Nil                N.A.             N.A.             N.A.             Nil 
          3.      2020-21            Nil                       Nil                N.A.             N.A.             N.A.             Nil 
        Details of CSR amount spent in the financial year for ongoing projects of the preceding financial 
        year(s): Amount spent against ongoing projects for the financial year is Rs. 7.91 Crore.  
         
        In  case  of  creation  or  acquisition  of  capital  asset,  furnish  the  details  relating  to  the  asset  so 
        created or acquired through CSR spent in the financial year (asset-wise details): N.A. 
         
        Specify the reason(s), if the company has failed to spend two percent of the average net profit as 
        per section 135(5): Two percent of the average net profit as per section 135(5) for F.Y. 2021-22 is 
        Rs.12.57 Crore and ECL has spent Rs. 13.86 Crore i.e. Rs. 1.29 Crore more than the required expenditure. 
         
                   _____________________                                                                           ______________________ 
                 (Jaiprakash Gupta)                                                                                (Shiv Tapasya Paswan) 
              Director (Technical) P&P                                                                     Chairman, CSR Sub-Committee 
         
        Date: 08.06.2022 
        Place: Sanctoria 
         
        Annexure: A, B & C. 
         
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...Corporate social responsibility report on pursuant to section of companies act has been presented in a separate forming part the board s annexure v csr activities brief outline policy company ecl adopted and implemented cil which is consonance with amendment rules dpe guidelines vide f no gm dated st october effective from also adhered our initiatives integrated business processes by extending primarily focusing underprivileged marginalised project affected people paps staying around operational areas as per provision under fund should be utilised within radius km hq area remaining would spent state operation it ensured that poor needy society derives maximum benefit support their development sustainability composition committee during year sl name member designation meeting held meetings respective tenure attended shri shiv tapasya paswan chairman members sanjiv soni n tiwari nil animesh bharti pravin kant k ganeriwala smt dharmshila gupta narayan pandey web link where projects approv...

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