Amal Ltd | Annual Report 2021-22 1. Conservation of energy, technology absorption and foreign exchange earnings and outgo Information required under Section 134(3)(m) of the Companies Act, 2013, read with Rule 8(3) of the Companies (Accounts) Rules, 2014 as amended from time to time, forms a part of this report. However, as per the provisions of Section 136 of the Companies Act, 2013 the report and accounts are being sent to all the members excluding the information relating to conservation of energy, technology absorption, foreign exchange earnings and outgo. 2. Subsidiary, joint venture and associate companies (` lakhs) No. Name Equity sharecapital Reserves and surplus Total assets Total liabilities Investments Revenue Profit before tax Provision for tax Profit after tax Dividend % shareholding Reporting currency Subsidiary company 1. Amal Speciality Chemicals Ltd 500 (64) 8,504 8,068 - 0 (57) 0 (57) - 100% INR 3. Corporate social responsibility 3.1 Policy, programs and scope 3.1.1 Policy The Company will volunteer its resources to the extent it can reasonably afford to contribute towards enhancing the quality of life, thereby the standard of living of people, particularly the marginalised sections of the society. Essentially, the indicative beneficiaries are the needy, who are living below the poverty line in rural or urban areas, particularly where Atul is operating. The endeavour is to uplift them through the chosen programs (mentioned below) so that they can live with dignity and self-respect. 3.1.2 Programs and scope Atul Foundation will take up projects and | or carry out activities under three broad programs: i) Education and Empowerment, ii) Health and Relief and iii) Infrastructure and Conservation with varied scope of work. i) Education and Empowerment a) Establish and | or support educational institutions b) Establish and | or support vocational institutions c) Enhance education in rural areas d) Promote integrated development of rural | tribal areas e) Promote sustainable livelihood opportunities f) Support needy and | or meritorious students ii) Health and Relief a) Eradicate hunger and malnutrition b) Establish and | or improve medical care centers c) Promote health, hygiene and sanitation d) Promote sports and fitness e) Support deserving | needy patients f) Support during natural calamities
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