CORPORATE SOCIAL RESPONSIBILITY

Your Company has been one of the foremost proponents of inclusive growth and since inception, has been continuing to undertake projects for overall development and welfare of the society. The Company’s commitment to the development of weaker and underprivileged sections of society is continuing for four decades now. Through the group’s charitable trust “Deepak Foundation” and has upgraded its Corporate Social Responsibility (‘CSR’) activities to cover a larger section of the society encompassing social interventions in various developmental domains such as Health, Education, Livelihood, etc. in order to support the downtrodden, needy and marginalized citizens and also to create social infrastructure for their sustenance.

During the year under review, the Company has spent ₹ 7.44 Crores on CSR activities, against the requirement of ₹ 7.44 Crores, being 2% of average of the Net Profits for the preceding three years.

The Company has in place a CSR Policy which provides guidelines to conduct its CSR activities. The CSR Policy has been posted on the website of the Company at https://www.godeepak.com/wp-content/themes/twentysixteen/ companyfiles/corporate_governance_report/DNL_Corporate%20 Social%20Responsibility%20Policy.pdf

The Report on CSR activities in terms of the requirements of Companies (Corporate Social Responsibility Policy) Rules, 2014 is annexed herewith as Annexure - C, which forms part of this Report.