Atul Ltd 2015-16

Atul Ltd | Annual Report 2015-16 3.4 Corporate Social Responsibility Committee 3.4.01 Role i) Formulating and recommending the Corporate Social Responsibility (CSR) Policy to the Board ii) Indicating reasons to the Board in case the amount of expenditure is less than 2% of the average net profits in a given year iii) Monitoring the CSR Policy from time to time iv) Recommending the amount of expenditure to be incurred on the CSR activities which may not be less than 2% of the average net profits of the last 3 years 3.4.02 Composition The Committee comprises following Members: No. Name Designation 01 H S Shah Chairman 02 S S Lalbhai Member 03 B N Mohanan Member 3.4.03 Meetings and attendance During 2015-16, 1 meeting was held : No. Name Total Attended 01 H S Shah 1 1 02 S S Lalbhai 1 1 03 B N Mohanan 1 1 The Board notes the Minutes of the CSR Committee meetings. 3.5 Investment Committee 3.5.01 Role i) Approving business strategies ii) Approving capital expenditure proposals exceeding ` 5 cr each iii) Recommending to the Board acquisition and disinvestment or divestment proposals iv) Recommending to the Board purchase | sale of investments in Equity shares 3.5.02 Composition The Committee comprises following Members: No. Name Designation 01 R A Shah Chairman 02 S S Baijal Member 03 B S Mehta Member 04 S M Datta Member 05 S S Lalbhai Member 3.5.03 Meetings and attendance During 2015-16, 1 meeting was held: No. Name Total Attended 01 R A Shah 1 1 02 S S Baijal 1 1 03 B S Mehta 1 1 04 S M Datta 1 1 05 S S Lalbhai 1 1 The Board notes the Minutes of the Investment Committee meetings.