Annexure - 3
CSR ANNUAL REPORT
1. A 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.
Our Company's CSR Policy was approved in 2014-15 as per section 135 of the Companies Act, 2013, as notified by the
Ministry of Corporate Affairs. Our Company has undertaken initiatives like Rural Infrastructure Development Program,
Comprehensive Village Development Program, School Infrastructure Development Program, etc., to provide
Infrastructure to the needy Schools and Villages in Rural Areas and spread Insurance Awareness amongst the people.
Our Company has also undertaken Education, Road Safety, Skill Development, Environment & Preventive Healthcare
related Projects for the Welfare of the Society.
Our Company’s CSR Policy is available on our Company’s official website at the following link:
https://uiic.co.in/csr
2. The Composition of the CSR Committee.
The CSR Committee comprises of the following Directors (as on 31.03.2019):
Shri G. Radhakrishnan, Chairman cum Managing Director
Shri S Gopakumar, Director & General Manager
Shri Madnesh Kumar Mishra, Director
Ms. Sindhu Pillai, Director
Shri Parijat Dutta, Director
3. Average net profit of the company for last three financial years.
` 381.32 crores.
4. Prescribed CSR Expenditure (two per cent of the amount as in item 3 above)
2% of ` 381.32 crores is ` 7.6264 crores. After taking into account ` 7.2475 crores unallocated during 2017-18, the
total CSR corpus was ̀ 14.8739 crores for 2018-19.
5. Details of CSR spent during the financial year 2018-19:
a) Total amount to be spent for the financial year- ̀ 14.8739 crores
b) Amount unspent, if any- (CSR Corpus- Amount spent in 2018-19)= ̀ (14.8739 –4.5254) = ̀ 10.3485 crores
c) Manner in which the amount spent during the financial year is detailed in- Annexure 3A.
6. In case the Company has failed to spend the two per cent of the average net profit of the last three financial years or
any part thereof, the company shall provide the reasons for not spending the amount in its Board’s Report.
The Company has selected projects which run for multiple years for implementation. The projects/programs
sanctioned, including the carried forward sanctions of earlier years, but remaining unspent, are relating to such multi-
year projects. The Company could not sanction and spend the total amount for want of suitable projects. The Company
is continuously evaluating the projects proposed and will be able to further enhance the spending in the coming years.
REP
OR
T O
F TH
E B
OA
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OF
DIR
ECTO
RS
69125
S No Project Amount Sanctioned Expected Date of
(in `) Completion
1 Rural Infrastructure Development Program(3 Villages) 33,15,000 September, 2019
2 School Infrastructure Development Program(138 schools) 2,76,00,000 July, 2019
3 Comprehensive Village Development Program(3 villages) 65,03,000 February, 2020
4 Project to provide infrastructure to schools in Hyderabad
through Swamy Vivekananda Educational Society 18,50,000 Completed
5 Project to provide digital infrastructure for skill
development of unskilled youth through Sri Sathya Sai
Seva Trust 25,00,000 Completed
6 Project to provide and install 10 CCTVs in Whites Road,
Chennai for road safety 2,85,000 Completed
7 Project to provide support for holistic development of
underprivileged children through Ramakrishna Mission 1,21,14,000 November, 2021
8 Project to provide mobility aids to approx. 750 disabled
people in Madhya Pradesh through Freedom Trust 50,00,000 December, 2019
9 Project to run 300 Ekal Vidhyalayas to provide education
and support to underprivileged children through Friends
of Tribals Society 60,00,000 April, 2020
10 Project to build 10 classrooms and provide infrastructure
in North East through Round Table India 82,72,500 April, 2020
TOTAL 7,34,39,500
During this year, the following new projects have been approved:
7. 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.
The CSR Committee of the Board affirms that the implementation and monitoring of the CSR Policy is the responsibility of the CSR Committee and confirms that the initiatives implemented by the Company are in compliance with the CSR Objectives and Policy of the Company.
REP
OR
T O
F TH
E B
OA
RD
OF
DIR
ECTO
RS
69127
1
Rur
al I
nfra
stru
ctur
e D
evel
opm
ent
Pro
gram
(3 v
illag
es s
elec
ted
in 2
018-
19, 4
vill
ages
sele
cted
in 2
017-
18, 1
2 vi
llage
s co
ntin
ued
Rur
al D
evel
opm
ent
Pro
ject
P
an I
ndia
61
8678
00
2820
044
0
43
6958
75
D
irec
t
from
201
6-17
and
24
villa
ges
cont
inue
d
from
201
5-16
)
2
Insu
ranc
e Li
tera
cy &
Inf
rast
ruct
ure
prov
isio
n in
138
sch
ools
sel
ecte
d in
2018
-19
& 1
01 s
choo
ls s
elec
ted
in
Educ
atio
n
P
an I
ndia
4
7800
000
219
0259
4 0
37
3137
05
D
irec
t
2017
-18
3
Com
preh
ensi
ve V
illag
e D
evel
opm
ent
Pro
gram
(3 v
illag
es s
elec
ted
in 2
018-
19,
7 vi
llage
s co
ntin
ued
from
201
7-18
& 3
R
ural
Dev
elop
men
t P
roje
ct
Pan
Ind
ia
3
2105
160
6
0858
71
0 2
1623
810
Dir
ect
villa
ges
cont
inue
d fr
om 2
016-
17)
4
Pro
ject
to
prov
ide
infr
astr
uctu
re t
o sc
hool
s
Thro
ugh
Sw
amy
in H
yder
abad
V
ivek
anan
da
Ed
ucat
iona
l
S
ocie
ty
5
Pro
ject
to
prov
ide
digi
tal i
nfra
stru
ctur
e fo
r
Thro
ugh
Sri
skill
dev
elop
men
t of
uns
kille
d yo
uth
Sat
hya
Sai
S
eva
Trus
t
6
Pro
ject
to
prov
ide
and
inst
all 1
0 C
CTV
s in
Whi
tes
Roa
d fo
r ro
ad s
afet
y
D
irec
t
7
Pro
ject
to
prov
ide
supp
ort
for
holis
tic
Thro
ugh
deve
lopm
ent
of u
nder
priv
ilege
d ch
ildre
n
R
amak
rish
na
M
issi
on
8
Pro
ject
to
prov
ide
mob
ility
aid
s to
app
rox
Vid
isha
, Raj
garh
, Ind
ore,
Kha
ndw
a,
Thro
ugh
750
disa
bled
peo
ple
in M
adhy
a P
rade
sh
C
hhat
arpu
r, G
una
Fr
eedo
m T
rust
and
Bho
pal(
Mad
hya
Pra
desh
)
9
Pro
ject
to
run
300
Ekal
Vid
hyal
ayas
to
Th
roug
h
prov
ide
educ
atio
n an
d su
ppor
t to
Fr
iend
s of
unde
rpri
vile
ged
child
ren
Tri
bals
Soc
iety
Dir
ect
Ex
pens
e In
dire
ctEx
pens
e
S.
No.
CS
R P
roje
ct
or A
ctiv
ity
Iden
tifi
ed
Sec
tor
in w
hich
the
P
roje
ct i
s C
over
ed
Pro
ject
s or
Pro
gram
s (
1) L
ocal
Are
a or
Oth
er
(2)
Spe
cify
the
Sta
te a
nd D
istr
ict
whe
re
Pro
ject
s or
Pro
gram
s w
ere
unde
rtak
en
Am
ount
Out
lay
(Bud
get)
P
roje
ct o
rP
rogr
am-w
ise
Act
ual
Am
ount
Spe
nt
(Pro
ject
- w
ise
brea
kup)
Cum
ulat
ive
Expe
ndit
ure
upto
the
re
port
ing
Per
iod
Am
ount
Spe
nt :
D
irec
t or
Th
roug
h Im
plem
enti
ngA
genc
y
FOR
MA
T FO
R T
HE
AN
NU
AL
REP
OR
T O
N C
SR
AC
TIV
ITIE
S T
O B
E IN
CLU
DED
IN
TH
E B
OA
RD
'S R
EPO
RT
- 20
18-1
9
Ann
exur
e 3A
REP
OR
T O
F TH
E B
OA
RD
OF
DIR
ECTO
RS
Educ
atio
n
185
0000
185
0000
0
1
8500
00
Ski
ll D
evel
opm
ent
25
0000
0
12
4874
7
0
1248
747
Educ
atio
n
28
5000
2
8331
8
0
283
318
Educ
atio
n
1
2114
000
4146
000
0
41
4600
0
Hea
lth50
0000
0
0
0
0
Educ
atio
n
600
0000
0
0
0
Hyd
erab
ad
Hyd
erab
ad
Whi
tes
Roa
d, C
henn
ai
Bih
ar &
Jha
rkha
nd
Odi
sha
69129
10
Pro
ject
to
build
10
clas
sroo
ms
and
prov
ide
Th
roug
h R
ound
infr
astr
uctu
re in
Nor
th E
ast
Tabl
e In
dia
11
P
roje
ct t
o pr
ovid
e ar
tific
ial l
imbs
to
500
disa
bled
peo
ple
in A
ndhr
a P
rade
sh
C
hito
or, K
urno
ol, A
nant
apur
, Kri
shna
,
Th
roug
h
(con
tinue
d fr
om 2
017-
18)
K
ham
mam
(And
hra
Pra
desh
)
Fr
eedo
m T
rust
12
P
roje
ct t
o pr
ovid
e so
lar
para
bolo
id s
yste
m,
Ensu
ring
env
iron
men
tal
Vri
ndav
an(U
ttar
Pra
desh
), G
uwah
ati(
Ass
am)
Thro
ugh
biog
as p
lant
, Eff
luen
t Tr
eatm
ent
syst
em
sust
aina
bilit
y, e
colo
gica
l bal
ance
&
Rou
rkel
a(O
dish
a)
Aks
haya
Pat
ra
and
sola
r lig
hts
in V
rind
avan
& b
ioga
s
Foun
datio
n
plan
ts in
Guw
ahat
i and
Rou
rkel
a(co
ntin
ued
from
201
7-18
)
13
P
roje
ct t
o bu
ild 1
1 to
ilet
bloc
ks in
Th
roug
h S
ulab
h
Gov
ernm
ent
scho
ols
in T
amil
Nad
u
San
itatio
n M
issi
on
(con
tinue
d fr
om 2
017-
18)
Foun
datio
n
14
P
roje
ct t
o pr
ovid
e in
fras
truc
ture
in
Gov
ernm
ent
scho
ols
in C
henn
ai(c
ontin
ued
from
201
7-18
)
TOTA
L
23
5094
460
4525
4555
0
1346
5261
2
Dir
ect
Ex
pens
e In
dire
ctEx
pens
e
S.
No.
CS
R P
roje
ct
or A
ctiv
ity
Iden
tifi
ed
Sec
tor
in w
hich
the
P
roje
ct i
s C
over
ed
Pro
ject
s or
Pro
gram
s (
1) L
ocal
Are
a or
Oth
er
(2)
Spe
cify
the
Sta
te a
nd D
istr
ict
whe
re
Pro
ject
s or
Pro
gram
s w
ere
unde
rtak
en
Am
ount
Out
lay
(Bud
get)
P
roje
ct o
rP
rogr
am-w
ise
Act
ual
Am
ount
Spe
nt
(Pro
ject
- w
ise
brea
kup)
Cum
ulat
ive
Expe
ndit
ure
upto
the
re
port
ing
Per
iod
Am
ount
Spe
nt :
D
irec
t or
Th
roug
h Im
plem
enti
ngA
genc
y
FOR
MA
T FO
R T
HE
AN
NU
AL
REP
OR
T O
N C
SR
AC
TIV
ITIE
S T
O B
E IN
CLU
DED
IN
TH
E B
OA
RD
'S R
EPO
RT
- 20
18-1
9
REP
OR
T O
F TH
E B
OA
RD
OF
DIR
ECTO
RS
2860
0000
3115
907
0
145
4587
8
1170
0000
1452
074
0
54
4527
9S
anita
tion
Tam
il N
adu
Educ
atio
nTa
mil
Nad
u12
5000
000
0D
irec
t
Ann
exur
e 3A
(co
ntd.
)
0
69131
Educ
atio
n
827
2500
0
0
0
Hea
lth45
0000
0
23
5000
0
0
4500
000
Meg
hala
ya, A
ssam
, Wes
t B
enga
l