Emcure Pharmaceuticals spends Rs. 6 Cr on CSR in FY 2020-21

Mumbai: Emcure Pharmaceuticals Limited has spent over 6 cores towards CSR in India. As per Section 135 of the Companies Act, 2013, a corporate social responsibility (CSR) committee has been formed by Emcure Pharmaceuticals Limited. The areas for CSR activities are promoting education, healthcare and ensuring environmental sustainability.

According to company annual report, the total amount spent for the Financial Year on CSR amounted: Rs. 64.7 Million. Amount spent during the year on activities which are specified in Schedule VII of the Companies Act 2013 are: Gross amount of Rs. 60.18 million (March 31, 2020 Rs. 58.92 million) required to be spent by the Company during the year.

As per Section 135 of the Companies Act, 2013, a corporate social responsibility (CSR) committee has been formed by the holding company and its Indian subsidiaries. The areas for CSR activities are promoting education, healthcare and ensuring environmental sustainability.

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Amount spent during the year on activities which are specified in Schedule VII of the Companies Act 2013 are: Gross amount of Rs. 80.20 million (March 31, 2020 Rs. 74.77 million) required to be spent during the year by the company and its Indian subsidiaries.

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CSR of Emcure Pharmaceuticals Limited