Preamble
AMOLYT LIFESCIENCES acknowledges its responsibility to contribute meaningfully to the social, economic, and environmental well-being of the communities in which it operates. As a healthcare-focused organization, the Company recognizes that sustainable business growth is intrinsically linked to improved public health outcomes, environmental stewardship, and ethical governance.
This Corporate Social Responsibility (CSR) Policy establishes the guiding framework for the Company’s CSR initiatives and ensures compliance with the provisions of Section 135 of the Companies Act, 2013, read together with the Companies (Corporate Social Responsibility Policy) Rules, 2014, as amended from time to time.
Purpose and Objectives
The objectives of this Policy are to:
- Articulate the Company’s CSR philosophy and strategic intent
- Define the governance structure for CSR planning, execution, and oversight
- Identify permissible CSR activities in alignment with Schedule VII of the Act
- Establish a transparent mechanism for implementation, monitoring, and reporting
- Ensure statutory compliance and measurable social impact
Purpose and Objectives
The objectives of this Policy are to:
- Articulate the Company’s CSR philosophy and strategic intent
- Define the governance structure for CSR planning, execution, and oversight
- Identify permissible CSR activities in alignment with Schedule VII of the Act
- Establish a transparent mechanism for implementation, monitoring, and reporting
- Ensure statutory compliance and measurable social impact
CSR Philosophy
The Company’s CSR philosophy is anchored in the belief that accessible, affordable, and preventive healthcare is fundamental to national development and social equity. CSR is viewed as an integral component of the Company’s long-term value creation strategy and not merely as a statutory obligation.
The Company’s CSR approach emphasizes:
- Preventive and promotive healthcare interventions
- Equitable access to essential healthcare services
- Environmental sustainability and responsible resource utilization
- Ethical conduct, transparency, and inclusive growth
Governance Framework
4.1 → CSR Committee
The Board of Directors shall constitute a Corporate Social Responsibility Committee in accordance with Section 135 of the Act.
Key Responsibilities of the CSR Committee include:
- Formulating and recommending the CSR Policy to the Board
- Recommending annual CSR plans, projects, and budgets
- Overseeing implementation of approved CSR initiatives
- Monitoring progress, outcomes, and impact of CSR programs
- Ensuring compliance with applicable legal and regulatory requirements
4.2 → Board of Directors
The Board of Directors shall:
- Approve the CSR Policy and any amendments thereto
- Ensure effective implementation and oversight of CSR activities
- Satisfy itself regarding the utilization of CSR funds
- Ensure appropriate disclosures in the Board’s Report and on the Company’s website
Governance Framework
4.1 → CSR Committee
The Board of Directors shall constitute a Corporate Social Responsibility Committee in accordance with Section 135 of the Act.
Key Responsibilities of the CSR Committee include:
- Formulating and recommending the CSR Policy to the Board
- Recommending annual CSR plans, projects, and budgets
- Overseeing implementation of approved CSR initiatives
- Monitoring progress, outcomes, and impact of CSR programs
- Ensuring compliance with applicable legal and regulatory requirements
4.2 → Board of Directors
The Board of Directors shall:
- Approve the CSR Policy and any amendments thereto
- Ensure effective implementation and oversight of CSR activities
- Satisfy itself regarding the utilization of CSR funds
- Ensure appropriate disclosures in the Board’s Report and on the Company’s website
CSR Applicability and Budget
In accordance with Section 135 of the Companies Act, 2013, the Company shall endeavor to spend, in each financial year, at least two percent (2%) of the average net profits of the Company made during the three immediately preceding financial years on CSR activities.
Any unspent CSR amount shall be treated strictly in accordance with the provisions of the Act and the applicable CSR Rules.
CSR Thrust Areas (Schedule VII Aligned)
The Company shall undertake CSR activities falling within the scope of Schedule VII of the Act, including but not limited to the following:
6.1 → Healthcare and Preventive Care
- Promotion of healthcare, including preventive healthcare
- Medical camps, health screenings, diagnostic support, and awareness initiatives
- Programs focused on maternal, child, adolescent, and geriatric health
6.2 → Access to Affordable Healthcare
- Support for availability of essential medicines and healthcare services
- Strengthening healthcare access in rural, remote, and underserved regions
6.3 → Environmental Sustainability
- Initiatives for environmental protection and ecological balance
- Waste management, water conservation, and pollution control programs
- Promotion of sustainable practices that support public health
6.4 → Community Development and Employee Engagement
- Education, skill development, and livelihood enhancement programs
- Employee volunteering and community participation initiatives
CSR Thrust Areas (Schedule VII Aligned)
The Company shall undertake CSR activities falling within the scope of Schedule VII of the Act, including but not limited to the following:
6.1 → Healthcare and Preventive Care
- Promotion of healthcare, including preventive healthcare
- Medical camps, health screenings, diagnostic support, and awareness initiatives
- Programs focused on maternal, child, adolescent, and geriatric health
6.2 → Access to Affordable Healthcare
- Support for availability of essential medicines and healthcare services
- Strengthening healthcare access in rural, remote, and underserved regions
6.3 → Environmental Sustainability
- Initiatives for environmental protection and ecological balance
- Waste management, water conservation, and pollution control programs
- Promotion of sustainable practices that support public health
6.4 → Community Development and Employee Engagement
- Education, skill development, and livelihood enhancement programs
- Employee volunteering and community participation initiatives
Exclusions
The following shall not be considered CSR activities:
- Activities undertaken in the normal course of business
- Activities that benefit only employees of the Company and their families
- Political contributions
- Activities undertaken outside India, except as permitted under applicable law
CSR Implementation Mechanism
CSR activities may be implemented through:
- Direct execution by the Company
- Eligible implementing agencies, trusts, or societies registered in accordance with CSR Rules
- Collaboration with government bodies or other eligible entities
All implementing agencies shall be subject to appropriate due diligence and compliance verification.
CSR Implementation Mechanism
CSR activities may be implemented through:
- Direct execution by the Company
- Eligible implementing agencies, trusts, or societies registered in accordance with CSR Rules
- Collaboration with government bodies or other eligible entities
All implementing agencies shall be subject to appropriate due diligence and compliance verification.
Monitoring, Evaluation, and Impact Assessment
The CSR Committee shall institute a robust monitoring framework to assess the progress and effectiveness of CSR initiatives.
Monitoring shall be based on defined Key Performance Indicators (KPIs), including but not limited to:
- Number of beneficiaries reached
- Geographic and demographic coverage
- Health and preventive care outcomes
- Environmental impact metrics
- Employee participation and volunteering hours
Impact assessments shall be conducted, wherever applicable, in compliance with CSR Rules.
Reporting and Disclosure
The Company shall include an annual CSR report in the Board’s Report in the prescribed statutory format
All disclosures shall be made in a transparent and timely manner
Reporting and Disclosure
The Company shall include an annual CSR report in the Board’s Report in the prescribed statutory format
All disclosures shall be made in a transparent and timely manner
Policy Review and Amendment
This Policy shall be reviewed periodically by the CSR Committee and the Board to ensure continued relevance, effectiveness, and compliance with statutory requirements. The Board reserves the right to amend this Policy at any time.