Annexure II Annual Report

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Annexure II Annual Report

Financial Year

CSR Company

[Annexure -II]

Format for the Annual Report on CSR Activities to be Included in the Board's Report For Financial Year Commencing on or After 1st Day of April, 2020

1.Brief outline on CSR Policy of the Company.

2.Composition of CSR Committee:

Sr.No.	Name of Director	Designation / Nature of Directorship	Number of meetings of CSR Committee held during the year	Number of meetings of CSR Committee attended during the year
1	Mr. Seturaman Mahalingam	Non-Executive Independent Director	8	8
2	Mr. Seshagiri Rao MVS	Executive Director	7	7
1	Mr. Malay Mukherjee	Non-Executive Independent Director	8	8
2	Mr. Haigreve Khaitan	Non-Executive Independent Director	6	6

3.Provide the web-link where Composition of CSR committee, CSR Policy and CSR projects approved by the board are disclosed on the website of the company.

4. Provide the details of Impact assessment of CSR projects carried out in pursuance of sub-rule (3) of rule 8 of the Companies (Corporate Social responsibility Policy) Rules, 2014, if applicable (attach the report).

Attachment

5.Details of the amount available for set off in pursuance of sub-rule (3) of rule 7 of the Companies (Corporate Social responsibility Policy) Rules, 2014 and amount required for set off for the financial year, if any

	Total	820000	690000
Sr.No.	Financial Year	Amount available for set-off from preceding financial years (in Rs)	Amount required to be set-off for the financial year, if any (in Rs)
1	1st Apr 2018 - 31st Mar 2019	250000	200000
2	1st Apr2019 - 31st Mar 2020	270000	240000
3	1st Apr 2020 - 31st Mar 2021	300000	250000

6. Average net profit of the company as per section 135(5).

20,00,00,000

7. (a) Two percent of average net profit of the company as per section 135(5)

40,00,000

(b) Surplus arising out of the CSR projects or programmes or activities of the previous financial years.

15,00,000

(c) Amount required to be set off for the financial year, if any

25,00,000

(d) Total CSR obligation for the financial year (7a+7b-7c).

30,00,000

8. (a) CSR amount spent or unspent for the financial year:

Total Amount Spent for the Financial Year. (in Rs.)	Amount Unspent (in Rs.)
	Total Amount transferred to Unspent CSR Account as per section 135(6).		Amount transferred to any fund specified under Schedule VII as per second proviso to section 135(5).
	Amount.	Date of transfer.	Name of the Fund	Amount.	Date of transfer.

(b) Details of CSR amount spent against ongoing projects for the financial year:

(1)	(2)	(3)	(4)	(5)		(6)	(7)	(8)	(9)	(10)	(11)
Sr. No.	Name of the Project	Item from the list of activities in Schedule VII to the Act.	Local area (Yes/No).	Location of the project.		Project duration.	Amount allocated for the project (in Rs.).	Amount spent in the current financial Year (in Rs.).	Amount transferred to Unspent CSR Account for the project as per Section 135(6) (in Rs.).	Mode of Implementation - Direct (Yes/No).	Mode of Implementation - Through Implementing Agency
				State	District						Name	CSR Registration number
1	Life of Land		Yes	Maharashtra	Mumbai	12 Months	2,00,000	2,00,000	2,00,000	Yes	Synergy Connect	Direct
2	Good Health & Well Being		Yes	Maharashtra	Mumbai	24 Months	1,00,000	1,00,000	1,00,000	No	Indian Oil Foudation	U 12345 DL 2020 PLC 098765
3	Gender Equality		Yes	Kerala	Karumadi	36 Months	12,00,000	12,00,000	12,00,000	No	Reliance Foundation	U 12345 DL 2020 PLC 098765
Total									15,00,000

(c) Details of CSR amount spent against other than ongoing projects for the financial year:

(1)	(2)	(3)	(4)	(5)		(6)	(7)	(8)
Sr. No.	Name of the Project	Item from the list of activities in Schedule VII to the Act.	Local area (Yes/No).	Location of the project.		Amount spent for the project (in Rs.).	Mode of Implementation - Direct (Yes/No).	Mode of Implementation - Through Implementing Agency
				State	District			Name	CSR Registration number
1	Life of Land		Yes	Maharashtra	Mumbai	2,00,000	Yes	Synergy Connect	Direct
2	Good Health & Well Being		Yes	Maharashtra	Mumbai	1,00,000	No	Indian Oil Foudation	U 12345 DL 2020 PLC 098765
3	Gender Equality		Yes	Kerala	Karumadi	12,00,000	No	Reliance Foundation	U 12345 DL 2020 PLC 098765
Total									15,00,000

(d) Amount spent in Administrative Overheads

15,00,000

(e) Amount spent on Impact Assessment, if applicable

15,00,000

(f) Total amount spent for the Financial Year (8b+8c+8d+8e)

15,00,000

(g) Excess amount for set off, if any

15,00,000

Sl. No.	Particular	Amount (in Rs.)
(i)	Two percent of average net profit of the company as per section 135(5)
(ii)	Total amount spent for the Financial Year
(iii)	Excess amount spent for the financial year [(ii)-(i)]
(iv)	Surplus arising out of the CSR projects or programmes or activities of the previous financial years, if any
(v)	Amount available for set off in succeeding financial years [(iii)-(iv)]

9. (a) Details of Unspent CSR amount for the preceding three financial years:

SI.NO	Preceding Financial Year	Amount transferred to Unspent CSR Account under section 135 (6) (in Rs.)	Amount spent in the reporting Financial Year (in Rs.).	Amount transferred to any fund specified under Schedule VII as per section 135(6), if any.			Amount remaining to be spent in succeeding financial years. (in Rs.)
				Name of the Fund	Amount (in Rs).	Date of transfer
1
2
3
	Total

(b) Details of CSR amount spent in the financial year for ongoing projects of the preceding financial year(s):

	Total
(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)
Sr. No.	Project ID.	Name of the Project	Financial Year in which the project was commenced.	Project duration.	Total amount allocated for the project (in Rs.).	Amount spent on the project in the reporting Financial Year (in Rs).	Cumulative amount spent at the end of reporting Financial Year. (in Rs.)	Status of the project - Completed /Ongoing.
1
2
3

10. In case of creation or acquisition of capital asset, furnish the details relating to the asset so created or acquired through CSR spent in the financial year

(a) Date of creation or acquisition of the capital asset(s).

(b) Amount of CSR spent for creation or acquisition of capital asset.

(c) Details of the entity or public authority or beneficiary under whose name such capital asset is registered, their address etc.

(d) Provide details of the capital asset(s) created or acquired (including complete address and location of the capital asset).

11. Specify the reason(s), if the company has failed to spend two per cent of the average net profit as per section 135(5).

Sd/-(Chief Executive Officer or Managing Director or Director).	Sd/-(Chairman CSR Committee).	Sd/-[Person specified under clause (d) of sub-section (1) of section 380 of the Act] (Wherever applicable).

Annexure II Annual Report

Company Name

Generate Report

#	Financial Year	Company Name	Version	Last Updated Date	Action
1	2021-2022	JSW Steel	Draft	11/03/2021

Sr.No.	Name of Attachment	Download
1	SWASHTHA - Strengthening Water, Air, Sanitation and Hygiene Treasuring Health
2	Rural Development
3	Women Development And Empowerment
4	Disaster Management

JSW Steel Ltd.

2022-2023

CSR - 2

Report on Corporate Social Responsibility (CSR)

Annual Report on CSR Activities Year 2022-23

1. (a) Corporate Identity Number (CIN) of the company: 34132935741334

(b) Name of the company: JSW Steel Ltd.

(c) Address of the registered office of the company: JSW Centre, Bandra Kurla Complex (near MMRDA Grounds), Bandra (E), Mumbai – 400 051, Maharashtra, India.

(d) Email ID of Company registered on MCA Portal: kshitij.sharma@dispostable.com

2. (a) Financial Year to which the Corporate Social Responsibility details pertain From: 01/04/2021 To: 31/03/2022

(b) SRN of form AOC-4/ AoC-4 XBRL/ AoC-4 NBFC filed by the company for its standalone financial statements: 31st March, 2020.

3. (i) Net Worth: 20000000

(ii) Turnover: 10000000

(iii) Net Profit: 5000000

(iv) Criteria that triggered CSR applicability: All of the above

4. a (i) Whether CSR Committee has been constituted: Yes

(ii) Number of directors composing CSR Committee: 4

(iii) Number of meetings of CSR Committee held during the year: 8

Sr.No.	DIN	Name of Director	Category	Number of meetings of CSR Committee attended during the year
1	00065829	Mr. Seturaman Mahalingam	Non-Executive Independent Director	8
2	00065829	Mr. Seshagiri Rao MVS	Executive Director	7
1	00065829	Mr. Malay Mukherjee	Non-Executive Independent Director	8
2	00065829	Mr. Haigreve Khaitan	Non-Executive Independent Director	6

4. b (i) Whether the company has a website: Yes

(ii) If Yes, Provide web-link: https://www.jsw.in/groups/overview-steel

(iii) Whether following has been disclosed on the website of the company in pursuance of Rule 9 of Companies (CSR Policy) Rules, 2014

Composition of CSR committee: Yes
CSR Policy: Yes
CSR projects approved by the board: Yes

4. c (i) Whether Impact assessment ofCSR projects is carried out in pursuance of sub-rule (3) of Rule 8 of Companies (CSR Policy) Rules,20 14, if applicable: Yes

(ii) If Yes, whether the same has been disclosed in the Board Report: Yes

(iii) Provide web-link, if any: https://www.jsw.in/groups/overview-steel

4. d (i) Whether any amount is available for set off in pursuance of sub-rule (3) of Rule 7 of Companies (CSRPolicy) Rules, 2014: Yes

(ii) If yes, provide details:

	Total	820000	690000	130000
Sr.No.	Financial Year	Amount available for set- off (in Rs.)	Amount set-off in the financial year, if any (in Rs)	Balance Amount (in Rs)
1	1st Apr 2018 - 31st Mar 2019	250000	200000	50000
2	1st Apr2019 - 31st Mar 2020	270000	240000	30000
3	1st Apr 2020 - 31st Mar 2021	300000	250000	50000

5. (a) Whether the company has completed the period of three financial years since its incorporation: No

(b) If no, then provide the number of financial years completed since incorporation: 3

(c) Net Profit & other details for the preceding financial years:

Sr.No.	Particulars	Amount (in Rs)
		FY-1	FY-2	FY-3
1	Profit before tax	100000	100000	100000
2	Net Profit computed U/S 198	200000	200000	100000
3	Total amount adjusted as per rule 2(1Xh) of the CSR Policy Rules 2014	100000	100000	100000
4	Total Net Profit for section 135 (2-3)	100000	300000	100000

(d) Average net profit of the company as per section 135(5).

20,00,00,000

6. (a) 2% of Average net profit of the company as per section 135(5)

40,00,000

(b) Surplus arising out of the CSR projects/programs or activities of the previous financial year, if any

15,00,000

(c) Amount required to be set off for the financial year, if any

25,00,000

(d) Total CSR obligation for the financial year (6a+6b-6c)

30,00,000

7. (a) Whether CSR amount for the financial year has been spent: Yes

(b) If yes, CSR amount has been spent against: Both (Ongoing and other than ongoing projects)

(i) Details of CSR amount spent against ongoing projects for the financial year:

Number of Ongoing Projects for the financial year

(1)	(2)	(3)	(4)	(5)	(6)		(7)	(8)	(9)	(10)
Sr. No.	Project ID	Item from the list of activities in Schedule VII	Name of the Project	Local area (Yes/ No)	Location of the project		Project Duration (in months)	Amount spent in the Financial Year (in Rs.)	Mode of Implementation - Direct (Yes/ No)	Mode of Implementation - Through Implementing Agency
					State	District				CSR Registration number	Name
1	PRO/2018-20/GE/0001	Ensuring environmental sustainability	Life of Land	Yes	Maharashtra	Mumbai	24 Months	2,00,000	Yes	Direct	Synergy Connect
2	PRO/2020-2022/ZH/001	Improving Maternal Health	Good Health & Well Being	Yes	Maharashtra	Mumbai	12 Months	1,00,000	No	U 12345 DL 2020 PLC 098765	Indian Oil Foudation
3	PRO/2020-2022/QE/001	Gender Equity & Women Empowerment	Gender Equality	Yes	Kerala	Karumadi	36 Months	12,00,000	No	U 12345 DL 2020 PLC 098765	Reliance Foundation
Total								15,00,000

(ii) Details of CSR amount spent against other than ongoing projects for the financial year:

Number of Other than Ongoing Projects for the financial year

(1)	(2)	(3)	(4)	(5)		(6)	(7)	(8)
Sr. No.	Item from the list of activities in Schedule VII	Name of the Project	Local area (Yes/ No)	Location of the project		Amount spent in the Financial Year (in Rs.)	Mode of Implementation - Direct (Yes/ No)	Mode of Implementation - Through Implementing Agency
				State	District			CSR Registration number	Name
1	Ensuring environmental sustainability	Life of Land	Yes	Maharashtra	Mumbai	2,00,000	Yes	Direct	Synergy Connect
2	Improving Maternal Health	Good Health & Well Being	Yes	Maharashtra	Mumbai	1,00,000	No	U 12345 DL 2020 PLC 098765	Indian Oil Foudation
3	Gender Equity & Women Empowerment	Gender Equality	Yes	Kerala	Karumadi	12,00,000	No	U 12345 DL 2020 PLC 098765	Reliance Foundation
Total						15,00,000

(c) Amount spent in Administrative Overheads

40,00,000

(d) Amount spent on Impact Assessment, if applicable

40,00,000

(e) Total Amount Spent for the Financial Year

80,00,000

(f) Amount unspent! (excess) spent for the Financial Year [6(d)-7(e)] unspent for Ongoing projects)

10,00,000

(g) Amount eligible for transfer to Unspent CSR Account for the Financial Year as per Section 135(6) (before adjustments)

20,00,000

(h) Amount to be transferred to Fund specified in Schedule VII for the Financial Year (if total unspent for the Financial Year is greater than unspent for Ongoing projects)

10,00,000

8. Details of transfer of Unspent CSR amount for the financial year:

(a) Transfer to Unspent CSR account as per Section 135(6)

Amount to be transferred to Unspent CSR account	Amount actually transferred to Unspent CSR account	Date of Transfer	Deficiency, if any
2000000	1500000	22/2/2021

(b) Transfer to Fund specified in Schedule VII as per second proviso to Section 135(5) for the Financial Year:

Amount to be transferred to Fund specified in Schedule VII	Amount actually transferred to Fund specified in Schedule VII	Date of Transfer	Deficiency, if any
1000000	500000	22/2/2021

9. Specify the reason(s) if the company has failed to spend two per cent of the average net profit as per section 135(5):

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10. Whether any unspent amount of preceding three financial years (financial year ending after 22nd January 2021) has been spent in the financial year: Yes

(a) Details ofCSR amount spent in the financial year pertaining to three preceding financial year(s):

	Total	120,00,000	40,00,000	80,00,000	30,00,000		17,00,000
(1)	(2)	(3)	(4)	(5)	(6)		(7)	(8)
Sr. No.	Preceding Financial Year(s)	Amount transferred to Unspent CSR Account under section 135 (6) (in Rs.)	Balance Amount in Unspent CSR Account under section 135 (6) (in Rs.)	Amount spent in the Financial Year (in Rs.).	Amount transferred to a fund as specified under Schedule VII as per second proviso to section 135(6), if any.		Amount remaining to be spent in succeeding financial years. (in Rs.)	Deficiency, if any.
					Amount (in Rs).	Date of transfer.
1	2018-2020	65,00,000	15,00,000	50,00,000	15,00,000	05/05/2018	10,00,000
2	2020-2022	25,00,000	10,00,000	15,00,000	5,00,000	24/04/2020	2,00,000
3	2018-2020	30,00,000	15,00,000	15,00,000	10,00,000	30/04/2020	5,00,000

(b) Details of CSR amount spent in the financial year for ongoing projects of the preceding financial year(s):

Number of Ongoing Projects

	Total			93,00,000	35,00,000	30,00,000
(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)
Sr. No.	Project ID.	Name of the Project	Financial Year in which the project was commenced	Amount spent for the project at the beginning of the Financial Year (in Rs).	Amount spent in the Financial Year (in Rs).	Cumulative amount spent at the end of Financial Year. (in Rs.)	Status of the project -Completed /Ongoing
1	PRO/2018-20/GE/0001	Gender Equality	2018	65,00,000	50,00,000	15,00,000	Completed
2	PRO/2020-2022/ZH/001	Zero Hunger	2020	25,00,000	15,00,000	5,00,000	Ongoing
3	PRO/2020-2022/QE/001	Quality Education	2020	30,00,000	15,00,000	10,00,000	Completed

c (i) Whether any new CSR project has been undertaken in the financial year from the Unspent amount pertaining to preceding three financial years : Yes

(ii) If yes, nature of the new CSR Project(s) is/are: Both (Ongoing and other than ongoing projects)

(iii) Details of amount spent against new ongoing CSR project in the financial year :

Number of Ongoing Projects

(1)	(2)	(3)	(4)	(5)	(6)	(7)		(8)	(9)	(10)	(11)
Sr. No.	Project ID	Financial Year to which the new project pertains	Item from the list of activities in Schedule VII	Name of the Project	Local area (Yes/ No)	Location of the project		Project Duration (in months)	Amount spent in the Financial Year (in Rs.)	Mode of Implementation - Direct (Yes/ No)	Mode of Implementation - Through Implementing Agency
						State	District				CSR Registration number	Name
1	PRO/2018-20/GE/0001	2021-2022	Ensuring environmental sustainability	Life of Land	Yes	Maharashtra	Mumbai	12 Months	2,00,000	Yes	Direct	Synergy Connect
2	PRO/2020-2022/ZH/001	2021-2022	Improving Maternal Health	Good Health & Well Being	Yes	Maharashtra	Mumbai	24 Months	1,00,000	No	U 12345 DL 2020 PLC 098765	Indian Oil Foudation
3	PRO/2020-2022/QE/001	2021-2022	Gender Equity & Women Empowerment	Gender Equality	Yes	Kerala	Karumadi	36 Months	12,00,000	No	U 12345 DL 2020 PLC 098765	Reliance Foundation
Total									15,00,000

(iv) Details of amount spent against new other than ongoing projects in the financial year:

Number of Other than Ongoing Project

(1)	(2)	(3)	(4)	(5)	(6)		(7)	(8)	(9)
Sr. No.	Financial year to which the new project pertain	Item from the list of activities in Schedule VII.	Name of the Project	Local area (Yes/ No)	Location of the project		Amount spent in the Financial Year(in Rs.)	Mode of Implementation - Direct (Yes/ No)	Mode of Implementation - Through Implementing Agency
					State	District			CSR Registration number	Name
1	2021-2022	Ensuring environmental sustainability	Life of Land	Yes	Maharashtra	Mumbai	2,00,000	Yes	Direct	Synergy Connect
2	2021-2022	Improving Maternal Health	Good Health & Well Being	Yes	Maharashtra	Mumbai	1,00,000	No	U 12345 DL 2020 PLC 098765	Indian Oil Foudation
3	2021-2022	Gender Equity & Women Empowerment	Gender Equality	Yes	Kerala	Karumadi	12,00,000	No	U 12345 DL 2020 PLC 098765	Reliance Foundation
	Total						15,00,000

11. Whether any unspent amount pertaining to FY 2014-15 to FY 2019-20 has been spent in the financial year: Yes

Details of amount spent against CSR projects in the financial year:

Number of CSR Projects

(1)	(2)	(3)	(4)	(5)	(6)		(7)	(8)	(9)
Sr. No.	Financial year to which the new project pertain	Item from the list of activities in Schedule VII.	Name of the Project	Local area (Yes/ No)	Location of the project		Amount spent in the Financial Year(in Rs.)	Mode of Implementation - Direct (Yes/ No)	Mode of Implementation - Through Implementing Agency
					State	District			CSR Registration number	Name
1	2021-2022	Ensuring environmental sustainability	Life of Land	Yes	Maharashtra	Mumbai	2,00,000	Yes	Direct	Synergy Connect
2	2021-2022	Improving Maternal Health	Good Health & Well Being	Yes	Maharashtra	Mumbai	1,00,000	No	U 12345 DL 2020 PLC 098765	Indian Oil Foudation
3	2021-2022	Gender Equity & Women Empowerment	Gender Equality	Yes	Kerala	Karumadi	12,00,000	No	U 12345 DL 2020 PLC 098765	Reliance Foundation
	Total						15,00,000

12. Whether any capital assets have been created or acquired through CSR spent in the financial year: Yes

If Yes, enter the number of Capital assets created/acquired: 3

Furnish the details relating to such asset(s) so created or acquired through CSR spent in the financial year:

Total				10,00,000
	(a)	(b)	(c)	(d)	(e)
Sr. No.	Short particulars of the property or asset(s) [including complete address and location of the property]	Pin code of the property or asset(s)	Date of creation	Amount of CSR spent	Details of the entity/ Authority/ beneficiary of the registered owner
					CSR Registration Number, if applicable	Name	Registered address
1			05 May 2021	10,00,000	U 12345 DL 2020 PLC 098765	Synergy Connect	JSW Centre, Bandra Kurla Complex, Near MMRDA Grounds, Bandar East, Mumbai 400 051

(All the fields should be captured as appearing in the revenue record, flat no, house no, Municipal Office/Municipal/Corporation/Gram panchayat are to be specified and also the area of the immovable property as well as boundaries)

Declaration

I am authorized by the Board of Directors of the Company vide resolution number 112233444 Dated 15/2/2021 to sign this form and declare that all the requirements of Companies Act, 2013 and the rules made thereunder in respect of the subject matter of this form and matters incidental thereto have been complied with. I further declare that:

13. Whatever is stated in this form and in the attachments thereto is true, correct and complete and no information material to the subject matter of this form has been suppressed or concealed and is as per the original records maintained by the company.

14. All the required attachments have been completely and legibly attached to this form.

To be digitally signed by one director.

To be digitally signed by

Name of the Director: K. V. R. MURTY

Designation: Executive Director

DIN of the director: 00065829

Note: Attention is drawn to provisions of Section 448 and 449 which provide for punishment for false statement I certificate and punishment for false evidence respectively.

Report Menu

Annexure II Annual Report

[Annexure -II]

1.Brief outline on CSR Policy of the Company.

2.Composition of CSR Committee:

3.Provide the web-link where Composition of CSR committee, CSR Policy and CSR projects approved by the board are disclosed on the website of the company.

4. Provide the details of Impact assessment of CSR projects carried out in pursuance of sub-rule (3) of rule 8 of the Companies (Corporate Social responsibility Policy) Rules, 2014, if applicable (attach the report).

5.Details of the amount available for set off in pursuance of sub-rule (3) of rule 7 of the Companies (Corporate Social responsibility Policy) Rules, 2014 and amount required for set off for the financial year, if any

6. Average net profit of the company as per section 135(5).

20,00,00,000

7. (a) Two percent of average net profit of the company as per section 135(5)

40,00,000

(b) Surplus arising out of the CSR projects or programmes or activities of the previous financial years.

15,00,000

(c) Amount required to be set off for the financial year, if any

25,00,000

(d) Total CSR obligation for the financial year (7a+7b-7c).

30,00,000

8. (a) CSR amount spent or unspent for the financial year:

(b) Details of CSR amount spent against ongoing projects for the financial year:

(c) Details of CSR amount spent against other than ongoing projects for the financial year:

(d) Amount spent in Administrative Overheads

15,00,000

(e) Amount spent on Impact Assessment, if applicable

15,00,000

(f) Total amount spent for the Financial Year (8b+8c+8d+8e)

15,00,000

(g) Excess amount for set off, if any

15,00,000

9. (a) Details of Unspent CSR amount for the preceding three financial years:

(b) Details of CSR amount spent in the financial year for ongoing projects of the preceding financial year(s):

10. In case of creation or acquisition of capital asset, furnish the details relating to the asset so created or acquired through CSR spent in the financial year

(a) Date of creation or acquisition of the capital asset(s).

(b) Amount of CSR spent for creation or acquisition of capital asset.

(c) Details of the entity or public authority or beneficiary under whose name such capital asset is registered, their address etc.

(d) Provide details of the capital asset(s) created or acquired (including complete address and location of the capital asset).

11. Specify the reason(s), if the company has failed to spend two per cent of the average net profit as per section 135(5).

Annexure II Annual Report

Composition of CSR committee: Yes

CSR Policy: Yes

CSR projects approved by the board: Yes