1. A brief outline of Company’s CSR policy, including overview of projects or programs to be undertaken and a
reference to the web-link to the CSR policy and projects or programs
TCIL is committed to conduct business in a socially, economically and environmentally responsible and sustainable manner, which enables the creation and distribution of wealth for the betterment of all its stakeholders, internal as well as external, through the implementation and integration of ethical systems and sustainable management practices. For this TCIL had laid a balanced emphasis on all aspects of corporate social responsibility and sustainability with regard to its internal operations, activities and processes, as well as undertake initiatives and projects to facilitate capacity building, empowerment of communities, inclusive socio-economic growth, environment protection, promotion of green and energy efficient technologies, development of backward regions, and upliftment of the marginalized and under-privileged sections of the society.
The term Sustainability has been used in conjunction with CSR in the title of DPE Guidelines because CSR activities, which are envisaged in the Act and in the CSR rules, can be supplemented with sustainability initiatives as both aim at achieving sustainable development goals.
The CSR Committee so constituted formulated Policy on Corporate Social Responsibility (CSR Policy) and the Board of Directors of the Company (‘Board’) has approved the same as per recommendation of CSR Committee.
Web link: https://www.tcil.net.in/corporate_social_responsibility.php
2. The Composition of the CSR committee
The Chairperson and Members of the Committee are as follows:
|S.No.||Name of Director||Designation/Nature of Directorship||Number of meeting of CSR Commitee held during the year||Number of meeting of CSR Committee attended during the year|
|1||Shri Sanjeev Gupta||Director (Govt. Nominee)||2||2|
|2||Shri Kamender Kumar||Director (Technical)||2||2|
|3||Smt Sharda Kharwar (w.e.f. 07/12/21)||Independent Director||1||1|
|4||Shri Hari Ranjan Rao (upto. 06/12/21)||Director (Govt. Nominee)||1||1|
3. Web-Link for Composition of CSR Committee ,CSR Policy and CSR Projects
4. . 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 (attach report):
Not Applicable. (Total CSR Budget for FY 2021-22 is less than threshold value of Rs. 10 Cr).
5.Details of the amount available for the setoff 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.
6.Average net profit of the company as per Section 135 (5):
Average net profit for last three financial years is negative (excluding profit of foreign projects/ dividend received, as per CSR rules). However, TCIL has spent an amount of Rs 19.78 Lakhs voluntarily on CSR Projects/Activities in FY 2021-22.
7. (a) Two percent of the average net profit as per section 135 (5): NIL (Avg. Net Profit is Rs. (15.27)Cr)
(b) Surplus arising out of CSR projects or programmes or activities of the previous financial years:NIL
c) Amount required to be set off for the financial year, if any: NIL
(d) Total CSR obligations for the financial year (7a+7b-7c): NIL
8. (a) CSR Amount spent or unspent for the financial year
|Total Amount spent(1) for the Financial Year (in Rs -Lakh)||Amount Unspent (in Rs)|
|Total amount transferred to unspent CSR Account as per section 135(6)||Amount transferred to any fund specified under Schedule VII as per second provision to section 135(5)|
|Amount (in Rs -Lakh)||Date of Transfer||Name of Fund||Amount||Date of Transfer|
|81.48||0.77||Refer to Note||NIL||NIL||NIL|
Note: (1) Unspent amount will be transferred to unspent CSR account within 30 days from the end of the financial year.
(2) Out of Rs 81.48 lakh, 19.78 lakhs expense on CSR pertains to 2021-22 and amount of Rs 61.70 Lakhs has been spent out of unspent amount pertaining to previous financial years.
The details of Ongoing and Other than Ongoing projects are attached herewith: View
Corporate Social Responsibility activities for 2021-22. Click here to view
Corporate Social Responsibility activities for 2020-21. Click here to view
Corporate Social Responsibility activities for 2019-20. Click here to view
Corporate Social Responsibility activities for 2018-19. Click here to view
Corporate Social Responsibility activities for 2017-18. Click here to view
Corporate Social Responsibility activities for 2015-16. Click here to view
Corporate Social Responsibility activities for 2014-15. Click here to view Policy and Details
Corporate Social Responsibility activities for 2013-14. Click here to view
Corporate Social Responsibility activities for 2012-13. Click here to view