Notice Statutory Reports Company Overview Financial Statements 13 Rudolf Atul Chemicals Ltd | Annual Report 2018-19 Please refer to the following web-link for details of policy, programs and projects: http://www.racl.net.in/pdf/RACL-CSR_Policy.pdf 2.2 Committee » Gopi Kannan Thirukonda (Chairman) » Wolfgang Schumann » Sudhir Merchant 2.3 Expenditure: determination and actual spent (` cr ) Particulars Amount Average net profit of the Company for the last three financial years 14.48 Prescribed CSR expenditure, at 2% of above 0.29 Total amount spent for the financial year 0.29 Amount unspent by the Company Nil 2.4 Manner in which spent (` cr ) No. Program Project | Activity Location Village, District (State) Outlay for the year Cumulative expenditure up to reporting period Implementing agency Budget Spent (A) (B) (C) (D) (E) (F) (G) 1. Health Improvement of hygiene through construction of toilets 5 villages, Valsad 0.29 0.29 0.92 ARDF* Total direct expenditure 0.29 0.29 0.92 *ARDF: Atul Rural Development Fund 2.5 Implementing agency 2.5.1 Atul Rural Development Fund Established in 1978, ARDF is an embodiment of the purpose of Atul towards serving the society. It is the apex trust through which all CSR initiatives of the Company are undertaken. 2.6 Confirmation of compliance The CSR Committee confirms that the implementation and monitoring of the CSR Policy is in compliance with its objectives and Policy of the Company. Managing Director Chairman CSR Committee G Venugopala Rao Gopi Kannan Thirukonda
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