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Annual Report 2016-17

Leadership Development:

Building both, people and functional capability is one of the key elements of our

investment in people. Few employees were selected for yearlong ‘ChangeMakers’ program, who were given

e[posure to different and key activities across the organisation. This group has also worked on various ideas and

activities towards proposing various improvements and changes to the operational issues in the organisation.

Diversity and Inclusion:

As a part of a large multinational group, the Company wants the workforce to represent

the societies in which it operates. The Company’s commitment to Diversity and Inclusion enables it to be creative,

competitive and thrive in the IT environment.

Prerana, is the forum, for the women run by women in the Company, had special focus on women in leadership during

this year. A special mentoring program is launched for aspiring women to be nurtured to be future leaders. Various

lectures by women leaders were also arranged from time to time to motivate women in the Company.

Principle 4

Businesses should respect the interests of, and be responsive towards all stakeholders, especially those who are

disadvantaged, vulnerable and marginalized

1.

Has the company mapped its internal and e[ternal stakeholders?

Yes

2. Out of the above, has the company identioed the disadvantaged, vulnerable & marginalized stakeholders -

Yes

3. Are there any special initiatives taken by the company to engage with the disadvantaged, vulnerable and

marginalized stakeholders. If so, provide details thereof, in about 50 words or so –

The Company through Persistent Foundation (the ‘Foundation’), CSR wing of the Company has undertaken several

programs to indulge with the disadvantaged, vulnerable and marginalized stakeholders. During the onancial year,

the following hallmark projects were implemented by the Foundation under 3 (three) focus areas:

Education

a.

Kiran – Girls’ Scholarship Program:

Persistent Foundation started Girls’ Scholarship Program in the year

2010-11 with the object to help needy and competent girls to become educated, conodent, skilled and employable.

The scholarship amount is decided on the basis of the fee structure of the engineering colleges. The Foundation

provides

`

40,000 per year to each girl student, till the completion of her curriculum. During the year, total 40

girls were selected for this program. Currently, in total, there are more than 150 girls who get support under this

program.

b.

Study Centers:

Persistent Foundation, in association with several NGOs runs 21 study centers for the children in

the slum and rural areas where these students get place to study, support in study and opportunity for personality

development. The average enrollment for each center is 60 students. There are 13 such centers in Hyderabad,

3 in Goa and 5 in Nagpur. These centers have helped 500+ students in coping up with their academics.

c.

School Upliftment:

The Foundation is associated with 19 schools across all the locations where the Foundation

has helped 7,000+ students from these schools with infrastrure development as well as enhancing the quality

of education. Under infrastrure development, the Foundation has helped these schools by way of construction /

refurbishment of toilet blocks, rain water harvesting, assistance in enriching libraries, science labs, etc., provided

benches and bunk beds, sports equipment, etc.

Health

a.

School Health Check-up and Doctor Facility:

For past 6 years, the Foundation has been carrying out health

check-up programs in 10 slums, 5 primary schools and 3 special schools in association with a team of 4 doctors.

Along with this, doctor facility is also provided in those schools. Every year around 5,000+ students get beneot

from this program.

b.

Mobile Medical Unit:

Persistent Foundation, in association with HelpAge India, operated the Mobile Medical Unit

for Velim, a remote village in Goa. During this onancial year, around 900 patients were beneotted from this project.

c.

Cataract Surgeries:

Persistent Foundation is associated with Dr. Manohar Dole Medical Foundation in Pune,

Vivekananda Memorial Hospital in Nagpur and Dr. /. V. Prasad Memorial Hospital in Hyderabad for carrying out

the cataract surgeries for elderly poor people. During the year, around 2,000 people were beneotted from such

surgeries.