Reliance Infrastructure : CSR Report 2023-24

About this update from Reliance Infrastructure Limited

Reliance Infrastructure Limited Directors' Report Annexure -C Annual Report on Corporate Social Responsibilities (CSR) Activities Brief outline on CSR Policy of the Company Reliance Infrastructure Limited ('Reliance Infrastructure') as a responsible corporate entity undertakes appropriate Corporate Social Responsibility (CSR) measures having positive economic, social and environmental impact to transform lives and to help build more capable & vibrant communities by integrating its business values and strengths. In its continuous efforts to positively impact the society, especially the areas around its sites and offices, the Company has formulated guiding policies for social development, targeting the inclusive growth of all stakeholders under nine specific categories including Promoting education, environment sustainability, economic empowerment, rural development, health care and sanitation. Composition of the CSR and Sustainability Committee: Sr Name of Director Designation No. of meetings of CSR and No. of meetings of CSR and No. / Nature of Sustainability Committee Sustainability Committee Directorship held during the year attended during the year 1. Shri S. S. Kohli (Chairman) Independent Director 1 1 2. Shri K Ravikumar Independent Director 1 1 3. Ms. Manjari Kacker Independent Director 1 1 4. Ms. Chhaya Virani Independent Director 1 1 5. Shri Punit Garg Executive Director 1 1 Provide the web-link where Composition of CSR and Sustainability Committee, CSR Policy and CSR projects approved by the Board are disclosed on the website of the company Our CSR policy is placed on our website at the link - https://www.rinfra.com/documents/1142822/1189698/Rinfra_ CSRPolicy_revised.pdf . Provide 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 (attach the report). Not Applicable. 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: Sr Financial Year Amount available for set-off from Amount required to be set-off for the No. preceding Financial Years (in ` ) Financial Year, if any (in ` ) Nil 6. Average net profit of the Company as per section 135(5) Nil (Loss of ` 893.61crore) 7. (a) Two percent of average net profit of the Company as per section 135(5) : Not applicable in view of the losses (Loss of ` 17.87 crore) (b) Surplus arising out of the 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 obligation for the Financial Year (7a+7b-7c): Nil 8. (a) CSR amount spent or unspent for the Financial Year: Total Amount Spent Amount Unspent (in ` ) for the Financial Total Amount transferred to Unspent Amount transferred to any fund specified under Schedule Year CSR Account as per Section 135(6) VII as per second proviso to Section 135(5) (in ` ) Amount Date of transfer Name of the fund Amount Date of transfer Nil (b) Details of CSR amount spent against ongoing projects for the Financial Year: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) Sl. Name Item Local Location of the Project Amount Amount Amount Mode of Mode of No. of the from the area project Duration allocated spent transferred to Implementation Implementation - Project list of (Yes/ for the in the Unspent CSR - Direct Through Implementing activities No) project current Account for (Yes/No) Agency in (in ` ) Financial the project as Schedule State District Year per Section Name CSR VII to (in ` ) 135(6) Registration the Act (in ` ) number Nil 26 Reliance Infrastructure Limited Directors' Report Details of CSR amount spent against other than ongoing projects for the Financial Year: (1) (2) (3) (4) (5) (6) (7) (8) Sr. Name of Item from the Local area Location of the Amount spent Mode of Mode of Implementation - No. the Project list of activities (Yes/No) project in the current Implementation - Through Implementing Agency in Schedule VII Financial Year Direct (Yes/No) to the Act (in ` ) State District Name CSR Registration number Nil Amount spent in Administrative Overheads: Nil Amount spent on Impact Assessment, if applicable: Not Applicable Total amount spent for the Financial Year (8b+8c+8d+8e): Nil Excess amount for set off, if any: Not Applicable Sr. Particulars Amount (in ` ) No. (i) Two percent of average net profit of the Company as per section 135(5) (ii) Total amount spent for the Financial year (iii) Excess amount spent for the Financial Year [(ii)-(i)] (iv) Surplus arising out of the CSR projects or programmes or activities of the previous Financial Years, if any (v) Amount available for set off in succeeding Financial Years [(iii)-(iv)] 9. (a) Details of Unspent CSR amount for the preceding three Financial Years: Sr. Preceding Amount Amount spent Amount transferred to any fund Amount remaining to No. Financial Year transferred to in the reporting specified under Schedule VII as per be spent in succeeding Unspent CSR Financial Year section 135(6), if any Financial Years (in ` ) Account under (in ` ) Name of Amount Date of section 135(6) the Fund (in ` ) transfer (in ` ) Nil Details of CSR amount spent in the Financial Year for ongoing projects of the preceding Financial Year(s): (1) (2) (3) (4) (5) (6) (7) (8) (9) Sr. Project Name Financial Year Project Total Amount Cumulative Status of No. ID of the in which the duration amount spent on the amount spent the project - Project project was allocated for project in at the end Completed / commenced the project the reporting of reporting Ongoing (in ` ) Financial Financial Year Year (in ` ) (in ` ) Nil 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): No capital asset has been created or acquired during the financial year. Date of creation or acquisition of the capital asset(s): Not Applicable Amount of CSR spent for creation or acquisition of capital asset: Not Applicable Details of the entity or public authority or beneficiary under whose name such capital asset is registered, their address etc.: Not Applicable Provide details of the capital asset(s) created or acquired (including complete address and location of the capital asset): Not Applicable Specify the reason(s), if the Company has failed to spend two per cent of the average net profit as per section 135(5). As there are no average net profits for the Company during the previous three financial years, no funds were set aside and spent by the Company towards Corporate Social Responsibility during the year under review. Punit Garg S S Kohli Executive Director and Chief Executive Officer Chairman CSR and Sustainability Date: May 30, 2024 Committee 27

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