Page 55 - Index

Mission-Critical Decisions, Made with Confidence.
Annexure I to the Directors’ Report
Annual Report on Corporate Social Responsibility Activities as prescribed under
Section 135 of the Companies Act, 2013, and Companies (Corporate Social Responsibility
Policy) Rules, 2014
1. Brief outline of the Company’s CSR Policy:
The CSR Policy lays down the following activities to be carried out by the Company:
• Strengthen the financial capabilities of socially and economically underprivileged communities
• Conservation of the environment by focusing on relevant programmes in the vicinity of Crisil offices so that
employees get directly involved in CSR initiatives
• Employee participation in financial literacy/promoting education and environment conservation, as well as
allowing employees to undertake projects of their choice, with small budget allocations reviewed by a Management
Committee, provided that the projects are also covered under Schedule VII to the Companies Act, 2013, as amended,
from time to time
• Contribute to, undertake, or support any other short-term causes/initiatives (up to two years) covered under
Schedule VII to the Companies Act, 2013, up to an allocation not exceeding 10% of the CSR budget in any given
financial year. The contribution may be made directly or indirectly, through various agencies, whether government or
semi-government or private (non-government) organisations. The CSR Committee may, under special circumstances
with reasonable justification, enhance the allocation for such short-term causes/initiatives to meet pertinent
community needs
Besides the focused thematic intervention mentioned above, Crisil, in alignment with the Company’s corporate
philosophy, may consider and undertake other activities as mentioned under Schedule VII of Section 135 of the
Companies Act, 2013.
The Company undertook the following projects in 2024: Mein Pragati (Assam) – Phase III Expansion/Exit, Livelihoods
(in Assam) - Phase II, GramShakti – Phase II, and Crisil Re (Environment). For key highlights of the CSR activities during
2024, please refer to pages 36-39 of the Annual Report.
The CSR Policy is available on the Company’s website, https://www.crisil.com/en/home/investors/corporate-
governance.html
2. Composition of CSR Committee:
Sl.
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 Nishi Vasudeva* Chairperson/Independent Director 2 2
2 Girish Paranjpe Member/Independent Director 2 2
3 Amish Mehta Member/Managing Director 2 2
*Ms Nishi Vasudeva joined the Crisil Board as Independent Director w.e.f. January 27, 2024, and is the Chairperson of the Committee
Annual Report 2024
53
Statutory Reports