Linde India : CSR Activities - 15 months period from 1 January 2022 to 31 March 2023

32 Linde India Limited

Annexure to Directors' Report.

[Annexure - 5]

Annual Report on CSR Activities for 15 months period from 1 January 2022 to 31 March 2023

1. Brief outline on CSR Policy of the Company
   Your Company is committed to behave responsibly towards people, society and the environment for inclusive growth of the society where we operate, to conserve natural resources and to develop sustainable products. The CSR Commitment of your Company is centred around four thematic areas, viz. Education, Health, Environment and Livelihood (Skill Development) and other areas or subjects specified in Schedule VII of the Companies Act, 2013.
2. Composition of CSR Committee:

Sl. No.

Name of the Director

Designation

No. of meetings held during tenure

No. of meetings attended

1	Dr S Sarin	Chairperson (Independent Director)	5
2	Mr A Balakrishnan	Member (Independent Director)	5
3	Mr A Banerjee	Member (Managing Director)	5

5

5

5

1. Provide the web-link where Composition of CSR Committee, CSR Policy and CSR projects approved by the Board are disclosed on the website of the Company
   Web-linkof composition of CSR Committee https://www.linde-gas.in/en/file/file1/index.html
   Web-linkof CSR Policy of the Company https://www.linde-gas.in/en/images/Linde%20India%20CSR%20Policy_24022022_tcm526- 676236.pdf
   Web-link of the CSR Projects approved by the Board for the 15 months period ended 31 March 2023 https://www.linde-gas.in/en/images/CSR_Annual%20Action%20Plan_2022_tcm526-676693.pdf
2. Provide the executive summary along with web-link(s) of Impact Assessment of CSR Projects carried out in pursuance of sub-rule (3) of Rule 8, if applicable.
   Not applicable, as the average CSR obligation of the Company did not exceed Rs. 10 Crore or more, in the three immediately preceding financial years.

5. (a) Average net profit of the Company as per sub-section (5) of Section 135	Rs. in Million
2,503.28
(b) Two percent of average net profit of the Company as per sub-section (5) of Section 135	50.07*
(c) Surplus arising out of the CSR projects/programmes/activities of the previous financial years	Nil
(d) Amount required to be set off for the financial year, if any	Nil
(e) Total CSR obligation for the financial year [(b)+(c)-(d)]	50.07
*The total CSR budget approved by the Board of Directors of the Company	51.24
6. (a) Amount spent on CSR Projects (both Ongoing Project and other than Ongoing Project)	Rs. in Million
45.11
(b) Amount spent in Administrative Overheads	00.05
(c) Amount spent on Impact Assessment, if applicable	Not Applicable
(d) Total amount spent for the Financial Year [(a)+(b)+(c)]	45.16
(e) CSR amount spent or unspent for the Financial Year*:

Total Amount Spent for the Financial Year (Rs. in million)

45.16

Amount Unspent (Rs. in million)

Total Amount transferred to Unspent CSR		Amount transferred to any fund specified under Schedule VII as
Account as per sub-section (6) of Section 135		per second proviso to sub-section(5) of Section 135
Amount (Rs. in million)	Date of transfer		Name of the Fund	Amount (Rs. in million)	Date of transfer
6.08*	24 April 2023	-	-	-

*Unspent CSR amount transferred to the separate Bank Account as required, is derived after deducting the CSR spent amount from the total CSR Budget approved by the Board of Directors for the 15 months period ended 31 March 2023.

Annual Report 2022-23 33

(f) Excess amount for set-off, if any:
Sl. No.		Particular		Amount (Rs. in Million)
(i)		Two percent of average net profit of the Company as per sub-section (5) of Section 135	50.07
(ii)	Total amount spent for the financial year	45.16
(iii)	Excess amount spent for the financial year [(ii)-(i)]	--
(iv)	Surplus arising out of the CSR projects or programmes or activities of the previous financial years, if any	--
(v)		Amount available for set off in succeeding financial years [(iii)-(iv)]	--

7. Details of Unspent CSR amount for the preceding three financial years:

Sl. No. Preceding

Financial

Year

Amount		Balance Amount		Amount		Amount transferred to a Fund		Amount
transferred to		in Unspent CSR		Spent in the		as specified under Schedule		remaining to
Unspent CSR		Account under		Financial Year		VII as per second proviso to		be spent in
Account under		sub- Section (6)		(Rs in Million)		sub- section (5) of Section		succeeding
sub- Section (6)		of Section 135				135, if any		Financial
of Section 135		(Rs. in Million)				Amount		Date of		Years (Rs. in
(Rs. in Million)						(Rs. in Million)		transfer		Million)

Deficiency,

if any

1.	2021	-	-	-	-	-	-	-
2.	2020	-	-	8.55	-	-	5.53	-
3.	2019	-	-	-	-	-	-	-

8. Whether any capital assets have been created or acquired through Corporate Social Responsibility amount spent in the Financial Year:

Yes

No

If Yes, enter the number of Capital assets created/ acquired

Sl.

Short particulars of the

Pincode of the

Date of

Amount of

Details of entity/ Authority/ beneficiary of the

No.

property or asset(s)

property or asset(s)

creation

CSR amount

registered owner

[including complete

spent (Rs.

CSR

Name

Registered

address and location of the

In Million)

registration

Address

property]

No., if

available

1

Setting up of Heavy Motor

Linde India Ltd, T8,

October 2022

7.31

-

-

-

Vehicle Driving Simulator*

MIDC Industrial Area,

to February

Navi Mumbai - 410208

2023

2

Ambulance (2 Nos.)*

King George's Medical

December

3.46

-

-

-

University, Lucknow -

2022

226003

3

Renovation of ICDS centre

743412

September

1.45

CSR00005584

Sandeshkhali

Village -

no.25 at Sandeshkhali Block

2022 to March

Maa Saroda

Chhotojirakepur.

1, Sundarbans

2023

Society for

PO-Basirhat (RS),

Women and

Dist.- North- 24

Children

Parganas -

743412, West

Bengal

4

Renovation of blind school

700034

November

2.20

CSR00022262

Calcutta Blind

643, D.H Road,

alongwith other safety and

2022 to

School

PO+PS Behala,

maintenance equipment

February 2023

Kolkata - 700034

donation and Scholarship for

visually disabled meritorious

student for a year

34 Linde India Limited

Sl.

Short particulars of the

Pincode of the

Date of

Amount of

Details of entity/ Authority/ beneficiary of the

No.

property or asset(s)

property or asset(s)

creation

CSR amount

registered owner

[including complete

spent (Rs.

CSR

Name

Registered

address and location of the

In Million)

registration

Address

property]

No., if

available

5

School repair and other

562111

November

0.98

NA

Government

Govindpura,

donations - Construction

2022 to

Higher

Nelamangala

of RO Water room, Library

February 2023

Primary

Taluk, Bengaluru,

room, Donation of Viewsonic

School

Karnataka -

Interactive Panel (inbuilt

562111

educational program for

all classes in Kannada

curriculum), donation of

stationary, cupboards,

tables, chairs for class rooms

and administrative office,

Renovation of class room

and office room rooftop

6

Donation of recycled 10

769016

December

0.28

NA

Anwesan

Balijhudi, PO

desktops to set up digital

2022 to March

Sonaparbat,

lab at Anweshan children's

2023

Rourkela, Odisha

home, Renovation of

- 769016

infrastructure and donation

of furnitures and other

accessories

7

Donation of 15 Laptops & 9

410501

September

0.28

CSR00013552

Snehwan

Koyali Tarf

Samsung Tabs to Snehwan

2022 to

Foundation

Chakan, Pune,

Foundation along with

December

Maharashtra -

allocation & maintenance

2022

410501

of Laptops, Purchase of

Samsung Tabs, Purchase of

Laptop Bags

8

Support the operations

743412

April 2022 to

0.83

CSR00005584

Sandeshkhali

Village -

of the computer training

March 2023

Maa Saroda

Chhotojirakepur.

centre at Hinjalganj West

Society for

PO-Basirhat(RS),

Bengal set up in 2021 with

Women and

Dist.- North- 24

the recycled laptops and

Children

Parganas, Pin-

desktops

743412, West

Bengal

*The Company is in the process of transfering the Capital Asset in the name of respective beneficiaries.

9. Specify the reason(s), if the Company has failed to spend two per cent of the average net profit as per sub-section (5) of Section 135

The CSR programs undertaken by the Company have a periodicity of 2-3 years for better monitoring of the programs and fund utilization which is in accordance with the Companies (Corporate Social Responsibility Policy) Rules, 2014. The total CSR amount has been split into tranches spread across the projects, hence the remaining expenses will be spent during FY 2023-24.

On behalf of the Board
A Banerjee	S Sarin
Managing Director	Chairperson, CSR Committee
DIN: 08456907	DIN: 06604529
Kolkata
23 May 2023