Tata Motors AR

Corporate Overview

Financial Statements

Statutory Reports

114

72nd Annual Report 2016-17

ANNEXURE - 6

Annual Report on CSR Activities

[Pursuant to Section 135 of the Companies Act, 2013 and the Companies (Corporate Social Responsibility Policy) Rule 2014]

A brief outline of the Company’s CSR policy, including

an overview of projects or programmes proposed to be

undertaking and a reference to the web-link to the CSR Policy

and projects or programmes:

Overview:

(i) Outline of CSR Policy

- As an integral part of the

Company’s commitment to good corporate citizenship,

the Company believe in actively assisting in improvement

of the quality of life of people in communities, giving

preference to local areas around the Company’s business

operations. Towards achieving long-term stakeholder

value creation, the Company shall always continue to

respect the interests of and be responsive towards its

key stakeholders - the communities, especially those

from socially and economically backward groups, the

underprivileged and marginalized; focused on inter alia

the Scheduled Castes and Scheduled Tribes, and the

society at large. In order to leverage the demographic

dividend of its country, Company’s CSR efforts shall focus

on Health, Education, Environment and Employability

interventions for relevant target groups, ensuring

diversity and giving preference to needy and deserving

communities inhabiting urban India. CSR at the Company

shall be underpinned by ‘More from Less for More People’

philosophy, which implies striving to achieve greater

impacts, outcomes and outputs of its CSR projects and

programmes by judicious investment and utilization of

financial and human resources, engaging in like-minded

stakeholder partnerships for higher outreach benefitting

more lives.

Weblink for Tata Motors India CSR Policy: http://www.

tatamotors.com/investors/pdf/csr-policy-16-17.pdf

(ii) CSR Projects:

1. Aarogya (Health): Addressing child

malnutrition; health awareness for females; preventive

and curative health services, drinking water projects;

2. Vidyadhanam (Education): Scholarships; Special

coaching classes for secondary school students; IIT-JEE

& competitive exams coaching, school infrastructure

improvement; co-curricular activities; financial aid to

engineering students; 3. Kaushalya (Employability): Divers

training – novice and refresher; ITI partnership and allied-

auto trades; Motor Mechanic Vehicle (MMV); training in

retail, hospitality, white goods repair, agriculture and allied

trades; 4. Vasundhara (Environment): Tree plantation,

environmental awareness for school students.

Composition of CSR Committee:

The CSR Committee of the

Board of Tata Motors comprises (i) Dr Raghunath A. Mashelkar,

Non-Executive, Independent Director [Chairman of the

Committee]; (ii) Mr Guenter Butschek, CEO&Managing Director,

(iii) Mr Satish B. Borwankar, Executive Director (Quality) and (iv)

Ms Falguni S. Nayar, Non-Executive, Independent Director. Mr.

Ravindra Pisharody, Executive Director (Commercial Vehicles)

and Mr Mayank Pareek, President (Passenger Vehicle) also

attends the Committee meetings.

AverageNet Profit of theCompany for last threefinancial years:

Loss of

2,337 crores

*Prescribed CSR Expenditure (two per cent. of the amount

as in item 3 above):

Not applicable in view of the loss.

*Details of CSR Spend during the financial year:

25.94 crores was spent towards various schemes of CSR as

prescribed under Section 135 of the Act. The prescribed CSR

expenditure required to be spend in Fiscal 2017 as per the Act is

Nil, in view of net profit of the Company being negative under

Section 198 of the Act.

(a) Total amount to be spent for the financial year:

Not

applicable

(b) Amount unspent, if any:

Not applicable

(c) Manner in which the amount spent during the

financial year:

Refer Table in Annexure-A

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:

Not Applicable

Responsibility Statement of CSR Committee of Board:

The CSR Committee of the Company’s Board states that the

implementation and monitoring of CSR Policy, is in compliance

with CSR objectives and Policy of the Company.The Company had

engagedM/s KPMG India (Registered) for assurance on CSR spend

by the Company under Section 135 of the Act, Schedule VII.

Guenter Butschek

CEO & Managing Director

(DIN:07427375)

Dr. Raghunath A. Mashelkar

Non-Executive, Independent Director

(Chairman CSR Committee)

(DIN: 00074119)

Mumbai,

May 23, 2017