Annexure 7

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Annual Report on CSR Activities

  1. CSR Policy: Mindtree will focus on CSR initiatives that promote the areas identified in this policy. Mindtree implement the chosen programs via three channels:
    a) Directly by Mindtree;
    b) Through Mindtree Foundation;
    c) Through “Individual Social Responsibility” programs undertaken by Mindtree Minds and supported by Mindtree as appropriate.
    Further, Mindtree’s CSR will primarily focuses on programs that:
    a) Benefit the differently abled;
    b) Promote education;
    c) Create sustainable livelihood opportunities.
    The CSR policy of the Company is stated in https://www.mindtree.com/corporate-social-responsibility-policy
  2. The composition of the CSR Committee:
    The members of the CSR Committee of the Board as on March 31, 2018 are:
    a) Mr. Krishnakumar Natarajan, Chairman
    b) Mr. Subroto Bagchi, Member
    c) Prof. Pankaj Chandra, Member
    d) Mr. N S Parthasarathy, Member
    e) Mr. Rostow Ravanan, Member
  3. Average Net Profit of the Company for last three Financial Years : ₹ 5,219,862,985/-
  4. Prescribed CSR Expenditure (two percent of the amount as in item 3 above) : ₹ 104,397,260/-
  5. Details of the CSR spent during the Financial Year 2017-18:
    a) Total amount to be spent for the Financial Year: ₹ 104,397,260/-
    b) Total amount spent for the Financial Year : ₹ 124,184,861/-
    c) Amount unspent if any: None
    d) Manner in which the amount spent during the Financial Year is detailed below:

Details of the CSR spent during the Financial Year:

Details of CSR spent by Mindtree Foundation on various projects:

6. Reasons for not spending the prescribed CSR expenditure: Not Applicable
7. The CSR Committee, hereby confirms that the implementation and monitoring of CSR Policy is in compliance with CSR objectives and CSR Policy of the Company.

For and on behalf of the Board of Directors

Rostow Ravanan
CEO & Managing Director

Krishnakumar Natarajan
Chairman of CSR Committee

Place: Bengaluru Date: April 18, 2018

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