Company Overview Financial Statements Notice Statutory Reports 11 Rudolf Atul Chemicals Ltd | Annual Report 2019-20 c) Develop and | or maintain rural amenities d) Restore sites of historical importance e) Promote use of renewable resources Please refer to the following URL for details of policy, programs and projects: 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 15.01 Prescribed CSR expenditure, at 2% of above 0.30 Total amount spent for the financial year 0.30 Amount unspent by the Company nil 2.4 Manner in which spent (` cr ) No. Program Project | Activity Location Outlay for the year Cumulative expenditure up to reporting period Implementing agency Village District (State) Budget Spent (A) (B) (C) (D) (E) (F) (G) 1. Health Improvement of Hygiene through construction of toilets 3 villages3, Valsad (Gujarat) 0.30 0.30 1.22 AFT1 | ARDF2 Total direct expenditure 0.30 0.30 1.22 1AFT: Atul Foundation 2ARDF: Atul Rural Development Fund 3Three villages covered under construction of individual household toilets - Magod Dungri, Meh, Umarsadi Machhiwad 2.5 Implementing agencies 2.5.1 Atul Foundation Trust (Atul, Gujarat ): Established in 2011, AFT is an embodiment of the purpose of Atul towards serving the society. It is the apex trust through which all CSR initiatives of Atul Group are undertaken. 2.5.2 Atul Rural Development Fund (Atul, Gujarat ): Established in 1978, ARDF implements projects for upliftment of marginalised sections of the communities.
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