Pharmaceutical company directs CSR funding towards healthcare, education and apprenticeship support, with no unspent amount reported.
MUMBAI (India CSR): Kopran Limited spent Rs. 83.53 lakh on Corporate Social Responsibility (CSR) initiatives during the financial year 2025-26, exceeding the statutory expenditure of Rs. 74.46 lakh calculated under Section 135 of the Companies Act, 2013. The pharmaceutical company’s CSR expenditure increased by approximately 26.56% from Rs. 66 lakh in FY 2024-25, according to its Annual Report 2025-26.
In compliance with requirements of Section 135 of the Act, the Company has laid down a CSR Policy. The composition of the Committee, contents of CSR Policy and report on CSR activities carried out and amount spent during the financial year ended March 31, 2026 in the format prescribed under the Companies (Corporate Social Responsibility Policy) Rules, 2014,
Kopran reported an average net profit of Rs. 37.23 crore for the three immediately preceding financial years. Two per cent of this amount resulted in a prescribed CSR expenditure of Rs. 74.46 lakh for FY 2025-26. After adjusting Rs. 13.91 lakh available from excess CSR expenditure in the preceding financial year, the company’s net CSR obligation for the year stood at Rs. 60.55 lakh.
Spending Overview
| CSR Indicator | FY 2025-26 |
|---|---|
| Average net profit | Rs. 37.23 crore |
| Two per cent CSR requirement | Rs. 74.46 lakh |
| Previous-year excess adjusted | Rs. 13.91 lakh |
| Net CSR obligation | Rs. 60.55 lakh |
| Total CSR expenditure | Rs. 83.53 lakh |
| Excess over prescribed two per cent | Rs. 9.07 lakh |
| Unspent amount | Nil |
| Administrative overheads | Nil |
| Impact-assessment expenditure | Nil |
The company did not transfer any amount to an Unspent CSR Account or a Schedule VII fund because its CSR obligation was fully met. Its statutory auditor also reported that there were no unspent amounts relating to ongoing or other-than-ongoing CSR projects requiring statutory transfer.
Project Allocation
Kopran implemented seven CSR projects during the year. All were classified as projects other than ongoing projects.
| CSR Project | Location | Expenditure |
|---|---|---|
| Healthcare and education through Anant Trust | Mumbai | Rs. 18 lakh |
| Direct healthcare support | Mumbai | Rs. 1.50 lakh |
| Healthcare and education through Baldev Sharma Marshalls Foundation | Mumbai | Rs. 2 lakh |
| Healthcare through Rotary Club of Worli Bombay Trust | Mumbai | Rs. 2 lakh |
| Education through Sitadevi Taparia Charitable Trust | Mathura | Rs. 20 lakh |
| Healthcare through Drishti Foundation | Mumbai | Rs. 17 lakh |
| Apprenticeship stipends | Khopoli | Rs. 23.03 lakh |
| Total | Rs. 83.53 lakh |
Apprenticeship Support
The largest single allocation was Rs. 23.03 lakh for stipends paid directly to apprentices appointed under the Apprentices Act, 1961. This allocation represented approximately 27.57% of Kopran’s total CSR expenditure. The activity was undertaken in Khopoli, Maharashtra, and was treated as an eligible CSR activity under the relevant Ministry of Corporate Affairs clarification. The investment reflects the company’s emphasis on vocational exposure, workplace learning and employment-oriented skill development.
Healthcare Focus
Healthcare remained a major component of the CSR portfolio. Kopran supported healthcare interventions directly and through organisations including Anant Trust, Baldev Sharma Marshalls Foundation, Rotary Club of Worli Bombay Trust and Drishti Foundation. Projects described exclusively as healthcare received Rs. 20.50 lakh. Another Rs. 20 lakh supported combined healthcare and education activities. The annual report categorised Kopran’s broader CSR focus areas as education, healthcare, environmental sustainability, rural development, relief for economically disadvantaged communities and other activities covered under Schedule VII.
Education Support
The company allocated Rs. 20 lakh to an education project implemented by Sitadevi Taparia Charitable Trust in Mathura, Uttar Pradesh. Education was also included in two combined healthcare and education projects in Mumbai, with a total allocation of Rs. 20 lakh. Consequently, projects containing an education component accounted for Rs. 40 lakh, or around 47.89% of the total CSR expenditure.
Regional Distribution
Maharashtra received approximately Rs. 63.53 lakh, representing about 76.06% of Kopran’s CSR expenditure. This included projects in Mumbai and Khopoli. The remaining Rs. 20 lakh, or approximately 23.94%, was allocated to the education project in Mathura. Mumbai-based initiatives alone received Rs. 40.50 lakh.
Implementation Model
Kopran spent Rs. 24.53 lakh directly on healthcare support and apprenticeship stipends. This represented approximately 29.37% of the year’s CSR expenditure. The remaining Rs. 59 lakh, representing about 70.63%, was implemented through registered charitable organisations. The implementing organisations disclosed in the annual report were:
- Anant Trust
- Baldev Sharma Marshalls Foundation
- Rotary Club of Worli Bombay Trust
- Sitadevi Taparia Charitable Trust
- Drishti Foundation
Governance Structure
Kopran’s CSR Committee was chaired by Independent Director Mamta Biyani. Surendra Somani and Varun Somani served as committee members. Two CSR Committee meetings were held during FY 2025-26, and all three members attended both meetings. The committee guides the company’s CSR strategy, reviews programme implementation and oversees the utilisation of CSR expenditure in accordance with statutory requirements. Impact assessment was not applicable to the company’s CSR projects during the year. Kopran also reported no expenditure on administrative overheads and no creation or acquisition of capital assets through CSR funds.
Excess Expenditure
Kopran spent Rs. 9.07 lakh more than the unadjusted statutory requirement of Rs. 74.46 lakh. The CSR annexure identifies this amount as available for set-off against CSR obligations in succeeding financial years, subject to applicable rules. Separately, the annual report presents Rs. 22.98 lakh as the cumulative excess after including Rs. 13.91 lakh carried forward from the preceding year. The distinction is important: Rs. 9.07 lakh represents the current year’s excess, while Rs. 22.98 lakh reflects the combined excess position.
Overall, the disclosures show full CSR compliance, higher year-on-year expenditure and concentrated investments in healthcare, education and apprenticeship development.
