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CORPORATE SOCIAL RESPONSIBILITY

Pursuant to the norms laid down by the Companies Act, 2013, the Company has already constituted a Corporate Social Responsibility Committee (CSR Committee) and has framed its Corporate Social Responsibility policy accordingly.

Earlier the Company used to route its CSR activities through the Dhanuka Dhunseri Foundation (DDF). The contribution from FY 2014-15 will be in accordance with the CSR policy of the Company indicating the activities to be undertaken by the Company.

DDF was established in 1972 and focused on four major philanthropic areas:

Promoted education by building schools and colleges and provided assistance for their maintenance

Empowered the girl child through education and other initiatives

Improved healthcare by distributing free medicines, setting up dispensaries and providing assistance to charitable hospitals

Focused on community development through donations

During the year, the Foundation undertook initiatives to provide primary education to more than 250 children, graduation courses to around 500 girls and medical treatment to more than 20,000 patients.

DDF has built up a new hostel in Kolkata to accommodate 400 girls with a built up area of 70,000 sq. ft. Building plans were sanctioned by Kolkata Municipal Corporation.