CORPORATE SOCIAL RESPONSIBILITY POLICYJUBILANT BIOSYS LIMITED

1INDEX

CLAUSENO.

PARTICULARSPAGE NO.

1.

Title and Applicability

32.

Vision, Mission and Objectives

43.

Guiding Principles

44.

Charter on CSR

65.

CSR Expenditure Budgeted

7

6.

Monitoring and Reporting

77.

Disclosure / Reporting

88.

Review / Amendment

89.

Approval of CSR Policy and Implementation

810.

Annexure-I

92

JUBILANT BIOSYS LIMITEDCORPORATE SOCIAL RESPONSIBILITY POLICY
1. TITLE AND APPLICABILITY
1.1 Preamble
Jubilant Biosys Limited (the “Company”) has global reach and provides comprehensive drug discovery
services from target discovery to candidate selection in partnership with leading healthcare companies
worldwide. With a clear scientific focus in Oncology, Metabolic Disorders, Central Nervous System(CNS) diseases, Pain and Inflammation, Jubilant Biosys has rapidly emerged as a leading collaborator
for pharmaceutical and biotechnology companies worldwide. In each of these therapeutic areas,
Jubilant Biosys has developed a deep level of expertise in discovery informatics, computationalchemistry, medicinal chemistry, structural biology, biology, in vivo, in vitro models and translational
sciences. Combined with strong clinical development and manufacturing capabilities from other Jubilant
subsidiaries, Jubilant Biosys has emerged as fully integrated company with end-to-end solutions.
Jubilant Biosys collaborates with the world’s leading pharmaceutical, biotech companies, academic
Institutions and research foundations.
In order to provide further impetus to social interventions and make the entire process and activities
more impact driven, it is imperative to outline guidelines on the Corporate Social Responsibility into apolicy pursuant to the provisions of the Companies Act, 2013 (the “Act”) read with the Companies(Corporate Social Responsibility Policy) Rules, 2014 (the “CSR Rules”).
1.2 Definitions and Interpretations“Board” means the Board of Directors of the Company.
“CSR Activities” means such programs and projects as may be recommended by the CSR Committee
and approved by the Board in terms of the CSR Policy, from time to time. The current programs andprojects identified by the CSR Committee are listed in Annexure I to this CSR Policy.
“CSR Committee” means the CSR Committee of the Company.
“CSR Expenditure Budgeted” means the amount recommended by the CSR Committee andapproved by the Board from time to time, to be incurred on the CSR Activities in India in a financial yearin terms of Section 135 of the Act and the CSR Rules. CSR expenditure will include all expenditure
incurred by the Company on CSR Programmes undertaken in accordance with the approved AnnualAction Plan.
“Annual Action Plan” will include the list of CSR projects or programmes that are approved to beundertaken in areas or subjects specified in Schedule VII to the Act, the manner of execution of suchprojects or programmes, modalities of utilisation of the CSR funds and implantation schedules for theprojects or programmes, monitoring and reporting mechanism for the projects or programmes anddetails of need and impact assessment for the projects undertaken by the Company. The CSR
Committee would recommend the Annual Action Plan to the Board. In case there is any alteration in
the Annual Action Plan at any time during the year, the CSR Committee would update such alteration
to the Board.
“Ongoing Projects” means projects that have a multi-year implementation focus but not having
timelines exceeding three years excluding the financial year in which it commences. The CSR
Committee may also designate some of the existing CSR project as Ongoing Projects and suchOngoing Projects shall be selected, implemented, monitored and reported in accordance with theapplicable CSR Provisions.
Any term used but not defined in this CSR Policy shall have the meaning assigned to it under the Act
or the CSR Rules.
3

1.3 Title and Scope
This Policy:
I.

shall be called the “Corporate Social Responsibility Policy” or “CSR Policy” of the Company whichis developed and implemented in accordance with the provisions of Section 135 of the Act readwith the CSR Rules.

II. outlines the Company’s philosophy and responsibility and lays down the guidelines andmechanism for undertaking socially impactful programs towards welfare and sustainable
development of the community around the area of its operations and other parts of the country.
III. shall be applicable to all CSR Activities taken up by the Company at various locations in India forthe benefit of different segment of the society at large, specifically the deprived andunderprivileged segment.
2. VISION, MISSION & OBJECTIVES

Corporate Social Responsibility is the commitment of businesses to contribute to sustainable economic
development by working with the employees, their families, the local community and the society at large
to improve their lives in ways that are good for business and for its development.
2.1 Vision
To follow global progression in the concept of Corporate Social Responsibility and its implementations
by way of being beneficial to our society and the corporations to which we render services.
To ensure benefit to society and to the corporation for sustainable development by imparting
measurable values to all stakeholders in every aspect of our operations.
Ensuring Corporate Social Responsibility is adopted through principled implementations that contributeto our country's social, cultural, and environmental development and help in developing the awarenesson these issues.
2.2 Mission & Purpose
To work on the popularity, adoption, and implementation of the concept of Corporate Social
Responsibility while adding measurable values to the community and to our corporation along withmanaging related processes to the advantage of all concerned in a way that becomes model forother corporations for replication, to further expanding the scope.
2.3 Objectives
The CSR Policy is laid down by the Company to ensure that the:•••CSR agenda is integrated with the business
Focussed efforts are made in the identified community development areas to achieve the expectedoutcomes
Support in nation building and bringing inclusive growth through our CSR programs

4

2.4 Governance
The Board monitors and reviews the performance and impact of the CSR programmes, provides input andcourse corrections if required and satisfies itself that the CSR funds so disbursed have been utilized for thepurposes and in the manner as approved by it. The CFO or a person responsible for financial management
shall certify to the fact that CSR funds so disbursed have been utilised for the purposes and in the manner
approved by the Board.

3. GUIDING PRINCIPLES
3.1 Our CSR is to have•••••

Respect for all stakeholders
Devotion to work ethics
Data and document discretion
Honesty in the flow of information
Continuity relations based on customer satisfaction

3.2 The CSR Activities may relate to one or more activities listed in Schedule VII to the Act. This is subject
to amendment of the Act and/or Rules from time to time.
3.3 The CSR Activities to be undertaken by the Company during each financial year along with theparticulars of projects, planned expenditure and implementation schedule are outlined in Annexure Ito this CSR Policy.
Our Promises

Our Values drives our actions….

At Jubilant we have embraced a three dimensional path to sustainability

5

4. CHARTER ON CSR (IMPLEMENTATION APPROACH AND MODALITIES)
4.1

FOCUS AREA OF INTERVENTION(i) The Company has identified the following focus areas of intervention:•Improving health indices through innovative services and promoting health seeking
behavior;•Universalizing elementary education and improving quality parameters for primaryeducation through community involvement;•Enhancing employability through vocational training; and•Supporting the community infrastructure as and when identified in the project area.
(ii)

4.2

The Company shall implement the CSR Activities stipulated in Annexure I to this CSR Policy.
The said annexure shall be re-drawn every financial year in relation to the CSR Activities
proposed to be undertaken in that financial year.

PROGRAMME IMPLEMENTATION APPROACH AND PROCESSThe Company shall implement all CSR Activities in the project mode in compliance with theprovisions of Section 135 of the Act read with the CSR Rules.
While implementing such projects, all possible efforts shall be made to define the following:(i)Programme Objective(ii)
Need Assessment/ Baseline Survey - It would give the basis on which the outcome of theprogramme would be measured(iii)
Duration of the programme(iv)
Funds allocated to the programme(v)
Implementation schedule(vi)
Responsibilities and authorities(vii)
Major results expected and measurable outcome(viii) Effective monitoring and evaluation(ix)
Programme Documentation

4.3

MODE OF IMPLEMENTATION
A. The CSR Activities shall be executed through one or more of the following modes:(a) directly by the Company; or(b) by Jubilant Bhartia Foundation (“JBF”), a social wing of Jubilant Bhartia group established in2007 and a non-profit organization (incorporated under Section 25 under the Companies Act,1956).
B.

CSR programmes may be implemented with the active participation of the concerned local
stakeholders. These interventions may also be synergized with the initiatives undertaken by theState Government, District Administration as well as Departments.

C.

The Company will identify the projects recommended by JBF which are falling within the purviewof Schedule VII to the Act and provide funds to JBF. The funds will be utilized by JBF for theidentified projects. JBF will maintain a separate account for each project at each location andensure to provide the details of expenditure / reports for each project, in a manner as may bedesired by the Company from time to time.

D.

Further, based on the review of the CSR Committee, the Board may amend Annexure I to theCSR Policy on an annual basis at the end of each financial year.

64.4

LOCATION OF CSR PROJECTS / PROGRAMMES / ACTIVITIESThe CSR Activities, whether undertaken by the Company itself or through JBF, shall be carried out inand around the areas of the Company’s manufacturing locations / offices.
However, the CSR Committee may identify other areas for CSR Activities, from time to time and obtainnecessary approval from the Board.

4.5

PROGRAMME DURATION
The time period of implementation of the programme will depend on its nature, extent of coverage andthe impact of the programme.
The Company will follow a project based accountability approach to stress on the long term
sustainability of its CSR projects. Based on the tenure of the identified projects, they will be qualified
as:i.
ii.

Short Term - upto 1 year
Long term / Ongoing Project

5. CSR EXPENDITURE BUDGETED
5.1 In the beginning of every financial year, the CSR Committee shall determine whether the provisionsof Section 135 of the Act for mandatory CSR spend are applicable to the Company and accordingly,
determine the CSR Expenditure Budgeted for the financial year and recommend the same for Boardapproval.
5.2 CSR Expenditure Budgeted shall include all expenditure including contribution to corpus or on
projects/programmes relating to the CSR Activities. For achieving the CSR objectives throughimplementation of meaningful and sustainable CSR programmes, the Company shall allocate thefollowing as its annual CSR Expenditure Budgeted:(i)

2% of its average net profits made during the three immediately preceding financial years, asprescribed under the Act and the CSR Rules from time to time;(ii) Any income arising there from;(iii) Surplus arising out of CSR Activities; and(iv) Such other amount as may be determined by the Company from time to time
5.3 Any surplus arising out of CSR Activities shall not form part of the business profits of the Company
and the same shall be spent on CSR activities.
5.4 Likewise, any excess amount spent on CSR activities may be set off against CSR expenditure to be
incurred in the succeeding financial years in accordance with the applicable CSR Provisions.
5.5 Unspent amount, if any, on the CSR Activities shall be dealt with in accordance with the provisions ofSection 135 of the Act and CSR Rules framed thereunder.

6. MONITORING AND REPORTING
6.1 The CSR Committee shall monitor all CSR Activities, including utilization of funds to ensure theireffective implementation in accordance with the CSR Rules read with Section 135 of the Act.

7

6.2 The progress of CSR programmes under implementation will be reported to the CSR
Committee at half yearly intervals.
6.3 Broadly, the following procedure will be adopted by the CSR Committee for implementing andmonitoring the CSR Activities:
The CSR Annual Action Plano The list of CSR projects or programmes that are approved to be undertaken in areas or
subjects specified in Schedule VII of the Act,o the manner of execution of such projects or programmes,o the modalities of utilisation of funds and implementation schedules for the projects orprogrammes,o monitoring and reporting mechanism for the projects or programmes ando Details of need and impact assessment, if any, for the projects undertaken by the company.
b. Monthly review of each CSR Project based on indicators by CSR Head of the Company
c. Quarterly review of the CSR Projects by CEO of the Company, based ono Budget vs actual expenditureo Target vs Achievementd. Half yearly review by CSR Committee and Board membersa.

6.4 The minutes of the meetings of the CSR Committee shall be placed before the Board.
6.5 The Company may conduct impact assessment on a periodic basis, either on its own or through anindependent professional or professional institutions, especially on the flagship programmes.
6.6 The CSR Committee may be directed by the Board to present the cost incurred on CSR Activities
annually and also the impact assessment thereof as appropriate.
7. DISCLOSURE / REPORTING

7.1

The CSR Policy shall be displayed on the Company’s website /www.jubilantgenerics.com

7.2

An annual report on the Corporate Social Responsibility shall form part of the Board’s report.

8. REVIEW / AMENDMENT
The Board may amend, abrogate, modify or revise any or all clauses of this Policy, on recommendation of
the CSR Committee and in accordance with the Act and the CSR Rules.
In case any provision(s) of this policy is contrary to or inconsistent with the provisions of the Act, Rules
framed thereunder and CSR Rules etc. (“Statutory Provisions”), the Statutory Provisions shall prevail.
Further, amendments in the Statutory Provisions shall be binding even if not incorporated in this Policy.

9. APPROVAL OF CSR POLICY AND IMPLEMENTATIONThe CSR Policy has been approved by the Board on May 25, 2023 on recommendation of the CSR
Committee and is effective from April 1, 2023

8

ANNEXURE I
CSR Annual Action Plan

S.No.

1231245
1
23
123

Key Projects of CSR FY 2023-24
Category
Under
Implementation
CSR Programmes
Schedule
ModalityVII

HealthPreventive (Swasthya Prahri Project)

Promotion of Education
MUSKAANSTEM (e-Muskaan+Vigyanshala)
Pathshala

Q2

Q3Q4IIIIIII

I

Health Awareness Programme

Khushiyoon KiImprovement)

Q1

I

Curative (JUBICARE)(LifeSkill

We Mentorship
Livelihood
Nayee Disha(Vocational Training)

II

II

Samridhhi (SHG Support)

II

Jubi Farm (Agro based activities)

Jubilant Bhartia
Foundation

Jubilant Bhartia
FoundationJubilant Bhartia
Foundation

II

Rural Development
Rural Infra Support

X

Jan Sanchetna

XJan Suvidha Kendra

Implementation
Schedule

X

Jubilant Bhartia
Foundation

1. Funds for undertaking CSR Activities shall be disbursed on a quarterly basis to the Implementing Agency,
Jubilant Bhartia Foundation for implementing the CSR projects as per the Implementation Schedule.
2. Monitoring and reporting of the CSR projects shall be undertaken as per the process mentioned in Clause
6.3 of the CSR Policy.
3. Since the overall limit of CSR expenditure is less than Rs. 10 Crore, Impact Assessment by an externalagency is not applicable. The Company shall conduct internal assessment of the CSR Projects tounderstand the impact based on SROI (Social Return on investment) principal.

9CSR ACTIVITIES AND BUDGET FOR FY 2023-24
1Sr.

2Name of theProject1

Health(Arogya,SwasthyaPrahari)

2

Education(Muskaan)

3

Livelihood(NayeeDisha)

3
Item from thelist of activitiesin Schedule VII
to the Act
Eradicating
hunger, povertyandmalnutrition;
promotinghealth care andsanitation andmaking available
safe drinking
water
Promotingeducation,
including special
education andemploymentenhancing
vocational skills
especially amongchildren,
women, elderlyand thedifferently able
persons andlivelihood
enhancement
projects
-do-

4
Local
area orother(Yes/No)

5

6

Location of the Project

AmountBudgetfor theproject(in RsLakhs)

State

District

Yes

Karnataka
Uttar Pradesh

Bangalore
GB NagarYes-do--do-Yes-do--do-

53.10

58.50

113.80225.40

Total

10

7
Mode ofimplementation
Direct(Yes/No)

8Mode of Implementation Through Implementing
AgencyName

CSR
Registration
numberNo

Jubilant
BhartiaFoundation

CSR00001657

No-do-

CSR00001657

No-do-

CSR00001657