Page 153 - Hitachi IR 2025

The details of the Committee and its terms of
reference are set out in the Corporate Governance
Report and Management’s Discussion and Analysis
Report forming part of this Report.
32. CORPORATE SOCIAL RESPONSIBILITY (CSR):
Corporate Social Responsibility (CSR) Committee
has been constituted in accordance with
Section 135 of the Act. The details of the composition
of the Committee, scope and functions are listed in
the Corporate Governance Report annexed to this
Integrated Annual Report.
The CSR Policy formulated by the Corporate Social
Responsibility Committee and approved by the
Board continues unchanged. The Policy can be
accessed on the Company’s website at https://
www.hitachienergy.com/in/en/investor-relations/
corporate-governance#policies.
For the Financial year 2024-25 the Company has
spent `2.69 Crores on CSR activities. The Annual
Report on CSR activities as required under Section
135 of the Act read with Rule 8(1) of the Companies
(Corporate Social Responsibility Policy) Rules,
2014 is annexed as Annexure-F to this Report.
33. ANNUAL RETURN:
Pursuant to Section 92(3) of the Act, the Company
has placed a copy of the Annual Return on its
website and the same is available at: https://
www.hitachienergy.com/in/en/investor-relations/
general-meetings#annual-general-meeting.
34.  CONSERVATION OF ENERGY, TECHNOLOGY
ABSORPTION, FOREIGN EXCHANGE EARNINGS
AND OUTGO:
The particulars relating to the Conservation of
Energy, Technology Absorption, Foreign Exchange
Earnings and Outgo, as required to be disclosed
under Section 134(3)(m) of the Act read with
Rule 8(3) Companies (Accounts) Rules, 2014, is
provided in Annexure-G to this Report.
35.  PARTICULARS OF EMPLOYEES INCLUDING
REMUNERATION OF DIRECTORS AND
EMPLOYEES:
The details related to remuneration and other
details of the employees drawing remuneration
under Section 197(12) of the Act read with Rules
5(2) and 5(3) of the Companies (Appointment
and Remuneration of Managerial Personnel)
Rules, 2014 forms part of this Report. None of the
employees listed as per above are related to any
Director / KMP of the Company.
In terms of Section 136(1) of the Act, the Integrated
Annual Report is being sent to the Shareholders
and others entitled thereto excluding the aforesaid
disclosure. In pursuance of second proviso of Rule 5
of the Companies (Appointment and Remuneration
of Managerial Personnel) Rules, 2014, if any
Shareholder is interested in obtaining the same
may write to the Company Secretary & Compliance
Officer at [email protected].
In accordance with Section 136 of the Act, this
disclosure is available for inspection by Shareholders
through electronic mode.
36.  DISCLOSURE AS PER THE SEXUAL HARASSMENT
OF WOMEN AT WORKPLACE (PREVENTION,
PROHIBITION AND REDRESSAL) ACT, 2013:
The Company has in place a Policy in accordance
with the provisions of The Sexual Harassment of
Women at Workplace (Prevention, Prohibition
and Redressal) Act, 2013 and the Rules made
thereunder that mandates no tolerance against any
conduct amounting to sexual harassment of women
at the workplace.
The Company has also constituted an Internal
Complaints Committee (ICC) for reporting and
conducting inquiries into the complaints made
by the victim on harassment at the workplace.
Throughout the year, training and awareness
events are held to instill sensitivity toward creating
a respectful workplace.
During the Financial year under review, no
complaints pertaining to sexual harassment of
women employees were received. Further, the
Company has a web portal known as “Hitachi Energy
Ethics Web Portal” wherein employees can report/
raise inter-alia the workplace harassment concerns/
related incidents. The sexual harassment complaints
as received via this Portal was investigated / being
investigated and brought to the attention of the
Audit Committee of the Board from time to time.
37. INSOLVENCY AND BANKRUPTCY CODE, 2016:
During the Financial year under review, neither any
application nor any proceeding was initiated against
the Company under the Insolvency and Bankruptcy
Code, 2016.
38.  DETAILS OF DIFFERENCE BETWEEN AMOUNT
OF THE VALUATION DONE AT THE TIME OF
ONE-TIME SETTLEMENT AND THE VALUATION
DONE WHILE TAKING LOAN FROM THE BANKS
OR FINANCIAL INSTITUTIONS ALONG WITH THE
REASONS THEREOF:
During the Financial year under review, the Company
has not made any one-time settlement with the
banks or financial institutions, therefore, the same
is not applicable.
Integrated Annual Report 2024-25
151