Page 180 - Hitachi IR 2025

BOARD’S REPORT
The composition of the Risk Management Committee as on March 31, 2025 and the attendance of members
at the Meetings held during the financial year 2024-25 are as follows:
Members of the Committee Designation No. of Meetings
Held Attended
Mr. Mukesh Butani Chairman, Independent Director 2 2
Ms. Meena Ganesh Independent Director 2 2
Mr. Nuguri Venu Managing Director and CEO 2 2
Mr. Ismo Antero Haka Non-Executive, Non-Independent Director 2 2
Mr. Ajay Singh Chief Financial Officer 2 2
8. CORPORATE SOCIAL RESPONSIBILITY COMMITTEE:
Pursuant to Section 135 of the Act, a Corporate Social Responsibility (CSR) Committee of the Board has
been constituted.
The terms of reference and Role of the Corporate Social Responsibility Committee are as per the provisions of
Section 135 of the Act.
The CSR Committee shall be responsible for formulating and recommending to the Board the CSR Policy and
an Annual Action Plan, which shall include the following:
• list of CSR projects or programs that are approved to be undertaken in areas or subjects as specified in
Schedule VII of the Act;
•
the manner of execution of such projects or programs.
•
the modalities of utilization of funds and implementation schedules for the projects or programs.
•
monitoring and reporting mechanism for the projects or programs.
•
details of need and impact assessment, if any, for the projects undertaken by the Company.
•
to monitor the Corporate Social Responsibility Policy of the Company from time to time.
During the financial year under review 4 Meetings were held viz., May 21, 2024; July 24, 2024;
October 29, 2024 and January 29, 2025.
The Committee is chaired by Ms. Akila Krishnakumar, Independent Director. The composition of the Committee
as of March 31, 2025 and the attendance of members at the Meetings held during the financial year 2024-25
are as follows:
Members of the Committee Designation No. of Meetings
Held Attended
Ms. Akila Krishnakumar Chairperson, Independent Director 4 4
Mr. Nuguri Venu Managing Director and CEO 4 4
Mr. Achim Michael Braun Non-Executive, Non-Independent Director 4 4
The Company has formulated a Policy for its CSR and also identified the following key areas for undertaking
CSR activities:
• Promote gender equality and empowering of women in the engineering workforce
To promote gender equality by ensuring initiatives to empower / advancement of women and in the
engineering work force, thereby increasing diversity and inclusion.
• Endorse education, employability & health care
To create necessary infrastructure and resources to enable the promotion of primary education among
children and impart vocational skills training to the youth, promoting health care including preventive
health care.
•
Social impact projects
To collaborate with communities to provide innovative off-grid solutions to improve access to electricity in
the country, especially in rural areas for its development.
178 Hitachi Energy India Limited