Index

Sr. No.	Title	S.No.
1.	Company’s Background & CSR Vision & Objective	2
2.	Applicability	3
3.	Focus Area	3
4.	Fund Allocation	4
5.	CSR Committee	5
6.	Monitoring & Review	4
7.	Reporting Mechanism	5
8.	Annexure -1	6

Company’s Background

Our company ANG Lifesciences India Limited was incorporated in the year 2006. It is engaged primarily in the business of manufacturing and marketing of finished pharmaceutical formulations in a dosage form of sterile dry powder injection vials.

Our registered office of the company is located at Darbara Complex, SCO 113, First Floor, District Shopping Centre, B Block, Ranjit Avenue, Amritsar – 143001. We carry out our production through our state-of-the-art manufacturing two units situated at Baddi, Himachal Pradesh.

The company is ISO-9001:2008 certified and has modern & sophisticated plant, equipment, technique and manpower. The planning and construction of plant has been done to conform to the regulatory requirements as per the norms of WHO GMP and GLP as per Schedule-M (revised). We manufacture our products in compliance with GMP requirements. We have dedicated area, machinery, facilities and advanced equipment for manufacturing of Beta Lactum & Non-Beta Lactum products as per GMP Norms. As per GMP norms, all the production processes are documented and validated to establish the accuracy of the procedures and the control measures.

1. CSR Vision & Objective

Vision	Objective
Our CSR vision endeavors to provide the best services to the society and promoting the sustainable growth.	Our Corporate Social Responsibility (CSR) policy is committed to achieve the goals sustainable development by integrating economic, environment, social imperatives and enhancing the quality of life of deprived and under-privileged.

2. Applicability

This policy has been formulated in consonance with section 135 of the Companies Act, 2013 and CSR Rules as notified by Ministry of Corporate Affairs in 2014.

The Policy shall apply to all CSR projects/ programmes undertaken by the Company in India as per Schedule VII of the Companies Act, 2013 (the Act).

3. Focus Area

In accordance with the requirement under the Companies Act, 2013, ANG considers practicing its corporate values through its commitment to grow in a socially and environmentally responsible way. Therefore, the areas of activities that will be considered are listed hereby:

Promoting healthcare including preventive health care practices, sanitation, contribution to the Swach Bharat Kosh set-up by the Central Government for the promotion of sanitation and providing safe drinking water and eradicating hunger;

Promoting education including special education and employment-enhancing vocational skills especially among children, women, elderly and the different abled, and livelihood enhancement projects;

Promoting Gender equality and empowering women, setting up homes, hostel and day care centers and such other facilities for senior citizenship and measures for reducing inequalities faced by socially and economically background group;

Protection of National heritage, art and culture including restoration of building and sites of historical importance and work of art, setting up public libraries, promotion and development of traditional arts and handicrafts;

Measures for the benefit of armed force veterans, war widows and their dependents;

Contributions to the Prime Minister’s National Relief Find or any other fund set up by the Central Government for socio-economic development and relief and welfare of the Schedule Castes, the Scheduled Tribes, other backward classes, minorities and women;

Rural Development projects;

Slum area development;

4. Fund Allocation

Allocation of funds will be made in line with the objective of the CSR policy and in accordance with the rules and regulations of the government time to time;

The company will ensure that it spends in every financial year, at least 2% of the average Net profits of the company, calculated in accordance with the provisions of Section 198 of the Act, made during the three immediately preceding financial year;

The CSR budget will be allocated after taking into account the recommendations of the CSR Committee and considering the nature of activities and programs;

The CSR Committee will decide on the location for the CSR programs/activities.

Any unutilized CSR allocation of a particular year, will be carried forward to the following year, i.e., the CSR budget will be non-lapsable in nature;

Any surplus arising out of the CSR projects or programs or activities shall not form part of the business profits of the Company.

5. CSR Committee

The CSR committee will consist of:

Sr. No.	Name of Director	Status	Nature of Directorship
1.	Mrs.Sudesh Kumari	Chairperson	Non-Executive Non Independent Director
2.	Mrs.Saruchi Gupta	Member	Executive Non Independent Director
3.	Mr.Sukhpal Singh	Member	Non Executive Independent Director

Or such other Directors as may be decided by the Board of directors from time to time. The CSR Committee will be responsible for the following:

Formulating a Corporate Social Responsibility Policy which shall indicate the activities to be undertaken by the Company as specified in Schedule VII and recommending the same to the Board for approval;

Recommending the amount of expenditure to be incurred on the activities referred above;

Monitoring the Corporate Social Responsibility Policy of the Company on a regular basis, ensuring that it is updated for any change or enhancement in scope and the same is recommended to the Board for approval;

Defining the modalities and monitoring the progress of the activities being undertaken under the policy.

6. Monitoring & Review

The Committee shall ensure timely execution of the scheduled activities as per the laid standards;

Appropriate documentation of CSR Policies, activities, and expenditure entailed will be maintained by the Company on a regular basis;

The Company shall ensure continual improvement of environmental performance by integrating environmental principles, programs and practices into the business.

7. Reporting Mechanism

CSR initiatives of the company will also be reported in the Annual Report of the Company in the format as specified in Annexure-1 to this Policy;