Page 281 - Hitachi IR 2025

Terms and conditions of transactions with related parties
All transactions entered into with related parties defined under the Companies act, 2013 were as per the
contractual terms with the respective related parties on arm’s-length pricing basis and the Company has
undertaken necessary steps to comply with the transfer pricing regulations under the Income tax act, 1961.
Outstanding balances at the year-end are unsecured and interest free and settlement occurs in cash as per the
credit terms with the respective related parties.
There are no loans or advances in nature of loans granted to promoters, directors or key managerial personnel.
There have been no guarantees provided or received for any related party receivables or payables.
40 CORPORATE SOCIAL RESPONSIBILITY EXPENSES
As per the Section 135 of the Companies Act 2013 ('Act'), the Board shall ensure that the Company spends, in
every financial year, at least two per cent of the average of the net profits of the three immediately preceding
financial years, in pursuance of its Corporate Social Responsibility ('CSR') Policy. Hence, the Company falls within
the ambit of Section 135 of the Act and is required to contribute the amount stipulated under the aforesaid
provisions of the Act.
All amount in Indian Rupees in Crores, except as stated otherwise
Particulars For the year ended
March 31, 2025
For the year ended
March 31, 2024
a) Gross amount required to be spent by the Company during
the year
4.26 3.68
b) Amount approved by the Board to be spent during the
4.26 3.68
year
c) Amount spent during the year ended on March 31, 2025:
In cash Yet to be paid in cash Total
i) Construction/acquisition of any assets - - -
ii) On purposes other than (i) above 2.69 1.57 4.26
d) Amount spent during the year ended on March 31, 2024:
In cash Yet to be paid in cash Total
i) Construction/acquisition of any assets - - -
ii) On purposes other than (i) above 1.51 2.17 3.68
e) Details related to spent/ unspent obligations: March 31, 2025 March 31, 2024
i) Contribution to Public Trust - -
ii) Contribution to Charitable Trust 2.69 1.51
iii) Amount yet to be paid in cash in relation to:
-Ongoing project 1.57 2.17
-Other than ongoing project - -
4.26 3.68
f) Details of ongoing project
With
Company
Opening balance Amount
required to be
spent during
the year
Amount spent during the year Closing balance
In separate
CSR
unspent
account
From
Company’s
bank account
From separate
CSR
unspent
account
With
Company
In separate
CSR
unspent
account
2.17 2.16 4.26 2.69 1.89 1.57 2.44
Integrated Annual Report 2024-25
279