CORPORATE SOCIAL RESPONSIBILITY
POLICYRAICHEM MEDICARE PRIVATE LIMITED
Plot No.24 25, 26 & 26P, Raichur Industrial Growth Centre, Chicksugur village,Raichur, Karnataka-584134

CSR POLICY
1.INTRODUCTION
Corporate Social Responsibility (CSR) is the Company’s commitment to its stakeholders toconduct business in an economically, socially and environmentally sustainable manner that istransparent and ethical.
Raichem Medicare Private Limited, in India is committed to undertake CSR activities inaccordance with the provisions of Section 135 of the Indian Companies Act, 2013 and relatedRules.
Raichem Medicare Private Limited commits itself to contribute to the society in ways possible
for the organization and will set up its committed core CSR Committee (When applicable), asa means for fulfilling this commitment.
2. AIMS & OBJECTIVES
To develop a long-term vision and strategy for Raichem Medicare Private Limited CSR
objectives.
Establish relevance of potential CSR activities to Raichem Medicare Private Limited corebusiness and create an overview of activities to be undertaken, in line with Section 135 andSchedule VII of the Companies Act, 2013.
3. CSR ACTIVITIES:
Company shall undertake CSR activities for development of the society and the environment,
particularly in the vicinity of the areas where the facilities of the company are located.
A. The company shall undertake such activities which are broadly related to any of thefollowing:(i) Eradicating hunger, poverty and malnutrition, promoting health care including preventive
health care and sanitation(ii) Promoting education, including special education and employment enhancing vocation
skills especially among children, women, elderly and the differently abled and livelihood
enhancement projects.
(iii) Promoting gender equality, empowering women, setting up homes and hostels for
women and orphans; setting up old age homes, day care centres and such other facilities forsenior citizens and measures for reducing inequalities faced by socially and economically
backward groups.

(iv) ensuring environmental sustainability, ecological balance, protection of flora and fauna,
animal welfare, agroforestry, conservation of natural resources and maintaining quality ofsoil, air and water.
(v) protection of national heritage, art and culture including restoration of buildings and sitesof historical importance and works of art; setting up public libraries; promotion anddevelopment of traditional art and handicrafts;(vi) measures for the benefit of armed forces veterans, war widows and their dependents,
Central Armed Police Forces (CAPF) and Central Para Military Forces (CPMF) veterans, andtheir dependents including widows;(vii) training to promote rural sports, nationally recognised sports, paralympic sports andolympic sports(viii) Rural development projects(ix) Development of area declared as “slum area” by the Government or Competent
Authority.
(x) Disaster management, including relief, rehabilitation and reconstruction activities.
B. The company may also contribute to the following funds as part of CSR activities:(i) Swach Bharat Kosh set-up by the Central Government for the promotion of sanitation andmaking available safe drinking water.
(ii) Prime Minister’s National Relief Fund or Prime Minister’s Citizen Assistance and Relief inEmergency Situations Fund (PM CARES Fund) or any other fund set up by the Central
Government for socio economic development and relief and welfare of the schedule caste,
tribes, other backward classes, minorities and women;(iii) Contribution to incubators or research and development projects in the field of science,technology, engineering and medicine, funded by the Central Government or State
government or Public Sector Undertaking or any agency of the Central Government orState Government;(iv) Contributions to public funded Universities; Indian Institute of Technology (IITs); National
Laboratories and autonomous bodies established under Department of Atomic Energy (DAE);
Department of Biotechnology (DBT); Department of Science and Technology (DST);
Department of Pharmaceuticals; Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddhaand Homoeopathy (AYUSH); Ministry of Electronics and Information Technology and otherbodies, namely Defense Research and Development Organisation (DRDO); Indian Council ofAgricultural Research (ICAR); Indian Council of Medical Research (ICMR) and Council of
Scientific and Industrial Research (CSIR), engaged in conducting research in science,technology, engineering and medicine aimed at promoting Sustainable Development Goals(SDGs).

The above list is inclusive; we will amend this list time to time according to Schedule VII andSection 135 of Companies Act, 2013.
4. FOCUS AREAS
While the company may undertake CSR activities in any areas listed above, the focus areas ofCSR activities should be on the following aspects:(i) Health Camps(ii) Environment protection(iii) Rain Water Harvesting(iv) Rural Transformation(v) Safe Drinking Water(vi) Education to underprivileged
5. CSR COMMITTEE (WHEN APPLICABLE)
Currently, CSR Committee provisions are not applicable, if applicable then CSR Committee
shall be formed as per the applicable laws and the committee shall be responsible for theimplementation/monitoring and review of this policy and various projects/activities
undertaken under the policy. The CSR Committee shall submit periodical reports to the boardof directors.
6. CSR FUND
The company shall endeavor to achieve the objectives of CSR Policy and allocate every year:
a. Minimum 2% of its average net profits made during the three immediately preceding
financial years
b. Any income or surplus arising out of the CSR activities, projects or programs shall not form
part of the business profit of the company and the same shall be ploughed back for use in CSR
activities All the expenditure relating to CSR shall be pre-approved by the Board (CSRCommittee when applicable).
The CFO/Any authorised person shall monitor the utilization of funds for the purposes set
forth and certify to this effect.
Unspent CSR amount, if any, shall be transferred to separate account in accordance with theapplicable CSR Rules from time to time.
7. DUTIES & RESPONSIBILITIES OF CSR COMMITTEE (WHEN APPLICABLE) OTHERWISE THE
BOARD
Currently, The Board of Directors are responsible for all activities which is necessary for theCSR.

When applicable then CSR Committee, formulate and recommend to the Board the CSR
activities/programs to be undertaken by Raichem Medicare Private Limited. Recommend theBoard the CSR Expenditure to be incurred on the CSR activities/programs. Institute atransparent mechanism for implementation of the CSR projects and activities. Effectively
monitor the execution of the CSR activities.
Prepare an annual report of the CSR activities undertaken for Raichem Medicare Private
Limited and submit the report to the Board.
8. RESPONSIBILITY OF THE BOARD
Approve the CSR Policy and the CSR Expenditure after taking into consideration therecommendations made by the CSR committee (When applicable).
Ensure the CSR spending every financial year of at least 2% of average net profits made during
immediately preceding 3 financial years, in pursuance with the Policy.
Ensure disclosure of the contents of the CSR Policy on the Raichem Medicare Private Limited
website.
Preparation of annual report on the CSR in the prescribed format as per the Companies Act,2013.
9. CSR EXPENDITURE
In every financial year, Raichem Medicare Private Limited shall spend 2% of its average Net
Profits in the immediately preceding three (3) financial years.
CSR Expenditure shall mean all expenditure incurred in respect of specific projects/programs
relating to the approved CSR activities. CSR Expenditure shall not include expenditure on anitem not in conformity or not in line with activities which fall within the purview of the CSR
activities listed in above.
The surplus arising out of the CSR activities or projects shall not form part of the businessprofit of Raichem Medicare Private Limited.
10. IMPLEMENTING CSR ACTIVITIESThe implementation and execution of the CSR activities/projects shall be carried out throughthe Raichem Medicare Private Limited, headed by the Board (CSR working committee
members, headed by CSR Committee Directors when applicable).
Raichem Medicare Private Limited shall undertake the CSR activities directly and also throughvarious implementing agencies such as, NGO’s, non-profit organizations, etc. Such
implementing agencies shall have an established track record as prescribed under the law.

Raichem Medicare Private Limited may collaborate with other companies for undertaking theCSR projects/programs subject to fulfilment of separate reporting requirements as prescribedin the Rules.
Some of the initiatives taken up by Raichem Medicare Private Limited will facilitate theinvolvement of Raichem Medicare Private Limited employees as volunteers in ongoing CSR
activities and events, giving them an opportunity to engage in socially meaningful activities,
thus, enabling them to realize their full potential and role as socially responsible citizens(Employee Volunteer Programs).
The initiatives undertaken may be communicated to the employees through specificawareness campaigns, so as to enable maximum participation.
11. CSR REPORTING
The Board in its Annual Report shall include the details of the CSR activities undertaken in theFinancial Year. The Board (when applicable CSR Committee) shall provide an annual report on
the implementation and monitoring of the CSR Policy and that it is in compliance with CSR
objectives of Raichem Medicare Private Limited, which statement shall form part of theBoards’ Report.
RaichemMedicare
PrivateLimited
shalldisplayon
its
websitehttps://www.iceitaly.com/facilities/raichemmedicare the contents of its CSR Policy and otherinformation as may be required to be displayed.
12. AMENDMENTS
The Policy may be reviewed and amended from time to time.
13. DISCLOSURE
All disclosures, display and reporting requirement related to CSR shall be made in accordancewith the provisions of the Act and Rules made thereunder.