Page 97 - BCML AR 2019-20

BALRAMPUR CHINI MILLS LIMITED

2. The Composition of the CSR Your Company’s CSR Committee comprises of the following members as on 31st March,
Committee: 2020:
- Shri Naresh Dayal – Chairperson (Non - Independent Director)
- Shri Dinesh Kumar Mittal – Member (Independent Director)
- Shri Vivek Saraogi – Member (Managing Director)
- Shri Sumit Mazumder – Member (Independent Director)

3. Average net profit of the Company H54633.70 lacs
for last three financial years:
4. Prescribed CSR Expenditure (two H1092.67 lacs
percent of the amount as in item 3
above):
5. Details of CSR spent during the
financial year
a. Total amount to be spent for H1092.67 lacs
the Financial Year:
b. Amount unspent, if any: Nil
c. Manner in which the amount The manner in which the amount is spent is detailed in Annexure A.
spent during the financial year
is detailed below:
6. In case the Company has failed Not Applicable
to spend the two percent of the
average net profit of the last three
financial years or any part thereof, the
Company shall provide the reasons
for not spending the amount in its
Board Report:
7. Affirmation by CSR Committee: The CSR Committee affirms that the implementation and monitoring of the CSR Policy is in
compliance with the CSR objective and Policy of the Company.

Annual Report 2019-20 | 95