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**SECTION: DIRECTORS’ RESPONSIBILITY STATEMENT** As required under Section 134 of the Companies Act, 2013, your Directors confirm having: - a) followed in the preparation of the Annual Accounts, the applicable accounting standards with proper explanation relating to material departures, if any; - b) selected such accou...
**SECTION: Dividend Distribution Policy** The Dividend Distribution Policy of your Company may be accessed on its corporate website. **SECTION: Annual Return** The Annual Return of your Company is available on its corporate website. **SECTION: Particulars of loans, guarantees or investments** Details of loans and inves...
This Report should be read in conjunction with the financial statements included herein and the notes thereto. **SECTION: CONCLUSION** Your Company’s ‘Triple Bottom Line’ philosophy has spurred the creation of innovative business models that synergize the building of economic, environmental, and social capital. Enterpr...
The Paperboards, Paper, and Packaging Businesses have made significant progress in terms of enhanced scale and profitability improvement. The Hotels Business has established a strong footprint of iconic properties and F&B brands on the back of an investment-led growth strategy. Your Company continues to build a dynamic...
CSR Policy - Brief outline and Overview** It is ITC’s Policy to direct its CSR Programmes towards achieving one or more of the following: - Poverty alleviation - Promoting education and skill development - Promoting healthcare including preventive healthcare - Providing sanitation and drinking water - Ensuring environm...
- **Waste Management:** Create a clean and healthy environment through awareness & behaviour change for individual & community responsibility. - **Sanitation:** Promote a hygienic environment through prevention of open defecation and reduce incidence of waterborne diseases. - **Poverty Alleviation:** Support the needy ...
Gupta | Non-Executive Director | 3 | | | 3 | R. Jain1 | Non-Executive Director | N.A. | | | 4 | S. Panray | Non-Executive Director | 3 | 3 | | 5 | N. Rao | Independent Director | 3 | | | 6 | A. K. Seth | Independent Director | 3 | | | 7 | M. Shankar | Independent Director | 3 | | 1 Appointed Member w.e.f. 1st January, ...
- **Social Forestry:** Improvement in household income from tree plantations. **SECTION: Horizon – II** Projects evaluated under Horizon - II positively impacted lives of children, youth, women, and communities. - **Women Empowerment:** Significant improvements in savings habits and access to loans. - **Support to Educ...
**SECTION: Financial Summary** (a) Average net profits of the Company as per Section 135(5): ` 20,173.67 crores (b) Two percent of the average net profits of the Company as per Section 135(5): ` 403.47 crores (c) Surplus arising out of the CSR projects or programmes or activities of the previous financial years: Nil (d...
| Preceding Financial Year(s) | Amount transferred to Unspent CSR Account under Section 135(6) (in `) | Balance Amount in Unspent CSR Account under Section 135(6) (in `) | Spent in the Financial Year (in `) | Amount transferred to a Fund as specified under Schedule VII as per second proviso to Section 135(5), if any | ...