Annual Report 2016-17

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Annexure E to the Report of the Directors

Annual Report on Corporate Social Responsibility (CSR) activities of the Company for the Financial Year 2016-17

1. A brief outline of the Company’s CSR policy, including overview of projects or programs proposed to be

undertaken and a reference to the web-link to the CSR policy and projects or programs.

Sustainability, consciousness, actions on environment and climate change awareness and contributions to reducing

social imbalance are the corner stones of your Company’s Corporate Social Responsibility.

Your Company conducts business in a sustainable and socially responsible manner. This principle has been

an integral part of your Company’s corporate values for more than two decades. Your Company is committed to

the safety and health of employees, protecting the environment and the quality of life in all regions in which your

Company operates.

To institutionalize the CSR initiative of your Company and to develop a systematic approach to administer the

process of grant of donations, your Company formed a Public Charitable Trust - Persistent Foundation in the

onancial year 2008-09.

A little help goes a long way! The story of Persistent Foundation stands as proof of this. Since 2009, the helping

hand of the Foundation has been trying to make communities and individuals stand on their feet. The Foundation

started with a humble purse of a few lakhs which gradually increased to

6 Crores as the Company grew in size

and revenue.

Projects and programs proposed to be undertaken

Persistent Foundation is committed to contribute towards improving the quality of life that every individual enjoys

and thus, beneoting the community at large. The work of the Foundation focuses on three areas – Health, Education

and Community Development.

In each of these focus areas, the key areas of work chosen by the Foundation for e[ecuting its own projects are as

follows:

1. Education:

Girls Scholarship Program for supporting girls who are undergoing their graduation in computers. The key

highlight of this program is the engagement of the Company’s employees in student selection process.

Student Sponsorship Program through which more than 200 students are supported every year. This

program is supported by the donations from your Company’s employees.

School uplifting program for providing infrastructural support to schools and conducting programs for

improvement of quality of education.

2. Health:

Curative Health Program by conducting cataract surgeries, facial cleft surgeries and bal shalyakriya.

Preventive Health Program through health check-ups at schools, mobile medical unit, breast cancer

screening and blood donation camps.

3. Community Development:

Village upliftment, through watershed projects under ‘Jalyukt Shivar Yojana’ of the Government of

Maharashtra

Go Green Initiative by installation of Solar Power Plants on roof top of railway stations at Pune and

Hyderabad

Urban upliftment through =ero Garbage Projects, skill development programs, working for elderly and

differently abled sections of the society.

4. Assistance in Natural Calamites

More details on the CSR Policy and projects are available on the Company’s website as per the link given

below: