The CSR Policy has been formulated and adopted in terms of Section 135 of the Companies Act, 2013 and the Rule/ classification made there under. CORPORATE SOCIAL RESPONSIBILITY POLICY “Here whatever hour you come, you will find light and help and human kindness”.

Breach Candy Hospital Trust (BCHT) is committed to support the needs of underprivileged sections of the society and thereby undertakes corporate social responsibility initiatives in accordance with the terms of Section 135 of the Companies Act, 2013 and the Rules/ guidelines stated in Schedule VII of the Companies Act 2013.

The Board of Trustees of BCHT have constituted a CSR Committee comprising of three Trustees as mentioned below.

The CSR Committee will play the following role in fulfilling BCHT’s CSR objectives:

Recommendation of the project/ program to be undertaken within the long term vision and strategy in respect of CSR activities, amount of expenditure to be incurred, types of activities, roles and responsibilities of various stakeholders etc. Formulation of a monitoring mechanism for ensuring implementation of the projects/programs undertaken or the end use of the amount spent by it towards CSR activities. The contribution will be made for any activities undertaken within India. The Committee will give preference to the local areas around it where it operates in spending the amount earmarked for CSR activities.

The role of the Board with respect to CSR is as under:

Review the recommendations in respect of annual budget for CSR Disclose contents of the policy in the Hospital’s Annual Report/website; and Ensure that the Hospital spends/ transfers in every financial year, atleast two percentage of the average net profits made during the three immediately preceding financial years of the Hospital on CSR activities.

The Hospital Trust will undertake all or any of the permitted CSR activities through an established Trust/Association/Institution.

The following procedure will be adhered to while funding CSR activities.

The annual amount of contribution will be paid to the selected Trust/ Association/ Institution. Employees of BCHT or their families will not be eligible for any benefit under this.

CSR Committee will institute a transparent monitoring mechanism for implementation of CSR Projects or programs undertaken by the selected Trust/ Association/Institution by calling for account of deployment from the said Trust / Association / Institution.

The CSR Committee will report to the Managing Committee from time to time, the status of the CSR activities undertaken by it along with the report on the impact created by such projects/ activities.

The Hospital would upload this Policy on its website www.breachcandyhospital.org Further, detailed status report on the CSR activities carried out by the hospital will be disclosed every year as part of the Annual Report. The said information will also be uploaded on the website of the Company.

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. –

Breach Candy Hospital Trust has formulated and adopted CSR policy in terms of sec 135 of the Companies Act, 2013 and the Rules/classification made there under. The Hospital has set up CSR Committee consisting of 3 Trustees.

The objective is to support the needs of the underprivileged sections of the society and thereby undertake CSR initiatives in accordance with the terms of the sec 135 of the Companies Act 2013 and the Rules/guidelines stated in Schedule VI of the Companies Act 2013.

The projects considered for funding are – Promoting Preventive Healthcare and Sanitation (Village Health and Development) project in Mahabaleshwar Taluka, Maharashtra.

The CSR policy is available in the “About” section of the website of www.breachcandyhospital.org.

The Composition of the CSR Committee

Average net profit of the company for last three financial years – Rs 34.90 crores (previous year- Rs 32.36 crores).

Prescribed CSR Expenditure (two per cent) – Rs 70 lakhs (Previous year - Rs 65 lakhs.

Details of CSR spent during the financial year.

A sum of Rs 70 lakhs (applicable for FY 2015-16 ) was contributed by the hospital to Indian Red Cross Society in July 2016 to continue the below mentioned activity initiated by them last year.

The hospital contributed a sum of Rs 65 lakhs in March 2015 to Indian Red Cross Society out of which they spent on promoting preventive healthcare and sanitation on villages in the rural area of Mahabaleshwar taluka, Maharashtra during the year. The details are given in the table below

A responsibility statement of the CSR Committee that the implementation and monitoring of CSR Policy, is in compliance with CSR objectives and Policy of the company. This is to confirm that the implementation and monitoring of CSR policy, is in compliance with CSR objectives and policy of the company.

Sd/- (Suresh L. Goklaney - Chairman CSR Committee).

Sd/- (N. Santhanam - Chief Executive Officer).