CSR Initiatives

CORPORATE SOCIAL RESPONSIBILITIES

The Company has always been committed to the cause of social service and has repeatedly channelized a part of its resources and activities, such that it positively affects the society socially, ethically and also environmentally and has taken up various Corporate Social Responsibility ("CSR") initiatives and enhanced value in society.

The advent of the Companies Act, 2013 has mandated the constitution of the CSR Committee and formulation of a CSR Policy. Therefore, the Company has formulated a robust CSR Policy that encompasses its philosophy and guides its sustained efforts for undertaking and supporting socially useful programs for the welfare and sustainable development of the society.

CSR POLICY OF THE COMPANY

COMPOSITION OF CSR COMMITTEE:

Sl No.	Name of Director	Designation in Committee
1	Mr. TVVSN Murthy [Managing Director]	Chairman
2	Mr. TV Praveen [Executive Director]	Member
3	Dr. (Mr.) Mannam Malakondaiah [Independent Director]	Member
4	Dr. (Mr.) Srinivas Samavedam [Independent Director]	Member

DETAILS OF CSR ACTIVITIES

FY 2023-24:

Schedule Head	Particulars	Budget Allocated (Rs. in lakhs)	Amount Spent (Rs. in lakhs)	Pending Amount (Rs. in lakhs)	Status
Promoting Education	Sponsoring the education of Ms. Goruputi Bharathi for the course of B-pharma	1.46	1.46	-	Completed
Rural Development	Construction of Road in Kazipally area.	14.40	14.34	-	Completed
Health Care	Contribution to PHC building centre in Kazipally area. Ambulance (₹7.53 lakhs) Others (₹2.55 Lakhs)	10.14	10.08	-	Completed
Rural Development	Balance amount for construction of multifarious skill development centre in Kazipally area	11.25	11.25	-	Completed
Total		37.25	37.13	-

Note:

• CSR obligation for the year 2023-24 was ₹37.04 lakhs based on the calculation pursuant to Section 135 of the Companies Act, 2013.
• As on 31.03.2024, the Company spent ₹37.13 lakhs (i.e. excess spent - ₹0.09 lakhs).
• During the year, the Company has utilised the excess amount (i.e. ₹11.50 lakhs) transferred to the unspent CSR account on 26.04.2023 for the year 2022-23.

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FY 2022-23:

Schedule Head	Particulars	Budget Allocated (Rs. in lakhs)	Amount Spent (Rs. in lakhs)	Pending Amount (Rs. in lakhs)	Status
Rural Development	Construction of multifarious skill development centre in Kazipally area.	27.75	27.75	-	Completed
Health care	Infrastructure and logistic support to the Public Healthcare Centre building in Kazipally village.	5.50	5.50	-	Completed
Promoting Rural sports	Development of sports infrastructure under the “VidhyaVikasa program” in Siddipet Area	2.00	2.00	-	Completed
Total		35.25	35.25	-

Note:

• CSR obligation for the year 2022-23 was ₹35 lakhs based on the calculation pursuant to Section 135 of the Companies Act, 2013.
• As on 31.03.2023, the Company was able to spend ₹29.23 lakhs (unspent amount - ₹5.77 lakhs).
• However, the Company had transferred ₹17.27 lakhs on 26.04.2023 to unspent CSR account maintained with RBL Bank, which is ₹11.50 lakhs over & above the requisite amount.
• The CSR projects for the year 2022-23 was marked as “Completed” by Board in the meeting held on 10.02.2024.
• Accordingly, the aforesaid unspent CSR account was closed on 27.05.2024.

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FY 2021-22:

Schedule Head	Particulars	Budget Allocated (Rs. in lakhs)	Amount Spent (Rs. in lakhs)	Pending Amount (Rs. in lakhs)	Status
Disaster Management	Setting up of conversation of PSA Nitrogen plant to PSA Oxygen Plant in Gandhi hospital, Hyderabad, to cater Covid crisis	16.60	16.60	-	Completed
Health care	Construction of Public Healthcare Centre (PHC) building in Kazipally village	20.50	20.50	-	Completed
Total		37.10	37.10	-

Note:

• The unspent amount for the year 2021-22 (i.e. ₹15.50 lakhs) was transferred on31stMarch, 2022 to unspent CSR account maintained with RBL Bank.
• Aforesaid amount has been fully utilized on "Ongoing Project" for the year 2021-22and accordingly the unspent CSR account for the year 2021-22 has been closed on6thJuly, 2023 as approved by the Board in the meeting held on 29thMay, 2023.

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FY 2020-21:

Schedule Head	Particulars	Amount Spent (Rs. in lakhs)
Promoting education	Construction of school building in TNSZP High School, Elamanchili village, East Godavari, AP	0.55
Disaster Management	Distribution of food during covid19 pandemic in Kazipally and Jeedimetla area of Hyderabad	0.90
	Spreading awareness of covid19 pandemic	0.25
Rural Development	Construction of public road in Kazipally industrial area for the common beneficiary.	24.99
Environmental sustainability	Supply of Tree guards at Kazipally area	0.76
Sanitation	Garbage collecting e-vehicle in Elamanchili village and Utada village, East Godavari Dist., AP	1.29
	Construction of toilets in Veterinary Hospital, Elamanchili village, East Godavari, AP	0.97
Total CSR Spent		29.73

FY 2019-20:

Schedule Head	Particulars	Amount Spent (Rs. in lakhs)
Promoting education	Construction of Anganwadi School building, Kazipally.	2.00
	Renovation of TNSZP High School, Elamanchili village	3.00
Promoting & Sanitation	Construction of public toilets at Elamanchili village	1.70
	Repair of e-cart waste collecting vehicle	1.30
Health-care	Distribution of Dustbins.	0.84
Total		8.84

FY 2018-19:

Schedule Head	Particulars	Amount Spent (Rs. in lakhs)
Promoting education	Construction of Anganwadi School building, Kazipally.	14.82
	Support to Udbhav School for the education of girl child	0.50
Upliftment of weaker section	Contribution for the welfare of the weaker section	2.00
Total		17.32

CSR GALLERY

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