Reliance Infrastructure : CSR Report 2021-22

Reliance Infrastructure Limited

Directors' Report

Annexure -C

Annual Report on Corporate Social Responsibilities (CSR) Activities

1. 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.
2. Composition of CSR Committee

Sr.	Name of Director	Designation / Nature of	No. of meetings of CSR	No. of meetings of CSR
No.		Directorship	Committee held during	Committee attended
			the year	during the year
1	Ms. Ryna Karani (Chairperson)	Independent Director	1	1
	(upto October 8, 2021)
2.	Shri S S Kohli (Chairman w.e.f	Independent Director	1	1
	October 28, 2021)
3.	Shri K Ravikumar	Independent Director	1	1
4.	Ms. Manjari Kacker (w.e.f.	Independent Director	-	-
	October 28, 2021)
5.	Dr. Thomas Mathew	Independent Director	-	-
	(w.e.f. April 22, 2022)
6.	Shri Punit Garg	Executive Director	1	1

1. Provide 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
   Our CSR policy is placed on the website at the link - https://www.rinfra.com/documents/1142822/1189698/Rinfra_ CSRPolicy_revised.pdf.
2. 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.
3. 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: Nil

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

1. Average net profit of the Company as per section 135(5) Loss of ` 2,667.38 crore
2. (a) Two percent of average net profit of the Company as per section 135(5) Not Applicable in view of the losses
3. 1. 
      (Loss of ` 53.35 crore)
   2. Surplus arising out of the CSR projects or programmes or activities of the previous financial years. Nil
   3. Amount required to be set off for the financial year, if any: Nil
   4. Total CSR obligation for the financial year (7a+7b-7c):Nil
4. (a) CSR amount spent or unspent for the financial year:

Total Amount			Amount Unspent (in `)
Spent for the	Total Amount transferred to		Amount transferred to any fund specified under
Financial Year	Unspent CSR Account as per		Schedule VII as per second proviso to Section 135(5)
(in `)	Section 135(6)
	Amount	Date of transfer		Name of the fund		Amount	Date of transfer
			Nil

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Reliance Infrastructure Limited

Directors' Report

1. 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 from

Local

Location of the

Project

Amount

Amount

Amount transferred

Mode of

Mode of Implementation - Through

No.

of the

the list of

area

project

Duration

allocated

spent

to Unspent CSR

Implementation -

Implementing Agency

Project

activities

(Yes/

for the

in the

Account for the

Direct (Yes/No)

State

District

Name

CSR

in Schedule

No)

project

current

project as per

Registration

VII to the

(in `)

financial

Section 135(6)

number

Act

year (in `)

(in `)

Nil

(c) Details of CSR amount spent against other than ongoing projectsfor the financial year:

(1)	(2)	(3)	(4)	(5)	(6)	(7)		(8)
Sr.	Name	Item from the	Local area	Location of the	Amount spent	Mode of	Mode of Implementation
No.	of the	list of activities	(Yes/No)	project	in the current	Implementation	- Through Implementing
	Project	in Schedule VII				financial year	- Direct (Yes/		Agency
		to the Act				(in `)	No)
			State	District	Name		CSR
										Registration
										number
					Nil

1. Amount spent in Administrative Overheads: Nil
2. Amount spent on Impact Assessment, if applicable: Not Applicable
3. Total amount spent for the Financial Year (8b+8c+8d+8e): Nil
4. Excess amount for set off, if any: Not Applicable

Sr.	Particular	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 transferred	Amount	Amount transferred to any fund	Amount remaining
No.	Financial	to Unspent CSR	spent in the	specified under Schedule VII as	to be spent in
	Year	Account under	reporting	per section 135(6), if any	succeeding financial
		section 135(6)	Financial Year				years (in `)
		Name of	Amount	Date of
		(in `)	(in `)
		the Fund	(in `)	transfer

Nil

(b) 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	amount spent	the project -
		Project	project was		allocated	the project	at the end	Completed /
			commenced		for the	in the	of reporting	Ongoing
					project	reporting	Financial Year
					(in `)	Financial	(in `)
						Year (in `)
					Nil

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Reliance Infrastructure Limited

Directors' Report

1. 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.
2. 1. Date of creation or acquisition of the capital asset(s): NA
   2. Amount of CSR spent for creation or acquisition of capital asset: NA
   3. Details of the entity or public authority or beneficiary under whose name such capital asset is registered, their address etc.: NA
   4. Provide details of the capital asset(s) created or acquired (including complete address and location of the capital asset):
      NA
3. 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
Date: May 13, 2022	Executive Director and Chief Executive Officer	Chairman CSR Committee

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