1. A brief outline of the Company’s CSR policy, including overview of projects or programs proposed to be undertaken.

   (a) The objective of the company is to contribute to the social, health related, economic development of the communities, sports and education, measures for reducing inequalities faced by socially and economically backward groups, so as to promote sustained growth of the society and community and in particulars take up the activities as included in Schedule VII of the Companies Act, 2013.

   (b) The CSR Committee facilitates the Annual CSR action plan containing the clear terms of reference outlining the key tasks, duration of assignment, allocation of budget for different projects, method of implementation and review. The CSR budget shall be according to Companies Act, 2013.

   (c) Any surplus arising out of the CSR projects or programs or activities shall not form part of the business profit of the Company. Any unspent amounts shall be dealt with in accordance with the provisions of Companies Act, 2013 as amended from time to time. Any unspent amount, other than unspent amount relating to an ongoing project, will be transferred to a Fund specified in Schedule VII, within a period of six months of the expiry of the financial year

   (d) Project activities identified under CSR are to be directly handled by the company or implemented by agencies, which would include- Voluntary Organizations (VOs) formal or informal Elected local bodies such as Panchayat etc., Institutes/ Academics Institutions, Trusts, Hospitals, Self Help Groups, Govt/Semi Govt.I Autonomous Organizations, or institutes, Mahila Mandalas, Professional Consultancy Organizations etc.

   The Corporate Social Responsibility activities undertaken by the Company will be monitored by the Corporate Social Responsibility Committee duly constituted by the Board. The committee will be responsible to institute a transparent monitoring mechanism for implementation of the CSR projects or programs or activities undertaken by the company.

   During the year 2023-24, the Company continued its CSR commitments for certain projects/activities on which the CSR expenditure for the financial year was made. The activities included promoting education and health care including preventive health care, facilities for senior citizens, Training to stimulate rural sports and measures for reducing inequalities faced by socially and economically backward groups, animal welfare etc.

   In its pursuit to contribute to the society, BCL Industries Limited through its CSR arm, is constructing a patients shelter home near All India Institute of Medical Sciences (AIIMS) Bathinda to provide subsidized accommodation to the patients and their relatives coming from far off places to reside there during their treatment at AIIMS (Bathinda).

   The Company in association with M/s. Dwarka Dass Mittal Charitable Trust has successfully completed and handed over 51 Houses for the Economically Weaker Section of the Community in Odiya Colony, Bathinda.

2. Composition of the Corporate Social Responsibility (CSR) Committee:

   SR No	Name of Director	Designation/Nature of Directorship	Number of meetings of CSR Committee held during the year	Number of meetings of CSR Committee attended during the year
   1	Mr. Parampal Singh Bal	Chairman ( Non-executive and Independent Director)	2	2
   2	Mr. Ramesh Chander Nayyar	Member ( Non-executive and Independent Director)	2	1
   3	Mrs. Neerja Jain	Member ( Non-executive and Independent Director)	2	2
   4	Mr. Sat Narain Goyal	Member ( Whole Time Director)	2	2

3. Web-link where Composition of CSR committee, CSR Policy and CSR projects approved by the Board are disclosed on the website of the Company:
   https://www.bcl.ind.in/wp-content/uploads/2021/05/csr-policy-bcl-2021.pdf
4. Details of Impact assessment of CSR projects carried out in pursuance of sub-rule (3) of rule 8 of the Companies (Corporate Social responsibility Policy) Rules, 2014, if applicable: Not Applicable
5. Details of the amount available for set off in pursuance of sub-rule (3) of rule 7 of the Companies (Corporate Social responsibility Policy) Rules, 2014 and amount required for set off for the financial year, if any

   SR No	Financial Year	Amount available for set-off from preceding financial years (Rs. In Lakhs)	Amount required to be set-off for the financial year, if any (Rs. In Lakhs)
   1	2021-2022	NA	NA
   2	2022-2023	NA	1.59
   3	2023-2024	1.59	NA
   	Total	1.59	NA

6. Average net profit of the company for last three financial years as per Section 135(5) of the Companies Act, 2013, (Rs. in lakhs): Rs. 8981.23 Lakhs

7. CSR amount spent for the financial year:

   (a)Two percent of average net profit of the Company as per Section 135(5) of the Act for the Financial Year 2023-24: (Two per cent of Rs.8981.23 Lakhs): Rs.179.62 Lakhs

   (b) Surplus arising out of the CSR projects or programmes or activities of the previous financial years: NA

   (c) Amount required to be set off for the Financial Year, if any: Rs. 1.59 Lakhs

   (d) Total CSR obligation for the Financial Year (a+b-c): Rs. 178.03 Lakhs

8. (a) CSR amount spent or unspent for the financial year:

   	Amount unspent (in Rs In lakhs)
   Total Amount Spent for the Financial Year. (Rs in lakhs)	Total Amount transferred to Unspent CSR Account as per section 135(6).		Amount transferred to any fund specified under Schedule VII as per second proviso to section 135(5).
   	Amount.	Date of transfer.	Name of the fund.	Amount.	Date of transfer.
   Rs. 173.11 Lakhs	4.91	Refer point 11 below	N.A	N.A	N.A

   (b) Details of CSR amount spent against ongoing projects for the financial year:

   SR No	Name of the project	Item from the list of activities in Schedule VII	Local area (Yes/No)	Location of the project		Project duration	Amount allocated for the project (Rs in lakhs)	Amount spent in the current financial Year (Rs in lakhs)	Amount transferred to Unspent CSR Account for the project as per the 135(6) (Rs in lakhs)	Mode of Implementation - Direct (Yes/No)	Mode of Implementation -Through Implementing Agency
   				State	District						Name	CSR Registration number
   1	Patients Shelter Home, AIIMS (Bathinda)	promoting health care	Yes	Punjab	Bathinda	3 years	600	157.3	Nil	No	Dwarka Dass Mital Charitable Trust	CSR00002250

   (c) Details of CSR amount spent against other than ongoing projects for the financial year:

   SR No	Name of the project	Item from the list of activities in schedule VII to the act	Local area (Yes/No)	Location of the project		Amount spent for the project (Rs. In Lakhs)	Mode of implementation - Direct (Yes/No)	Mode of implementation -Through implementing agency
   				State	District			Name	CSR
   1	Bahiana Sports & Welfare Club	Stimulating rural sports	Yes	Punjab	Bathinda	2.50	Yes	N.A	N.A
   2	School fees for poor Children	Promoting eductation	Yes	Punjab	Bathinda	6.56	Yes	N.A	N.A
   3	Others		No	Punjab	Bathinda	6.75	No

   (d) Amount spent in Administrative Overheads- Nil

   (e) Amount spent on Impact Assessment, if applicable- Not Applicable

   (f) Total amount spent for the Financial Year- Rs. 173.11 Lakhs

   (g) Excess amount for Set off, if any:

   SR No	Particulars	Amount (Rs. In Lakhs)
   (i)	2% of average net profit for CSR expenditure	179.62
   (ii)	Amount available for set off from previous years	1.59
   (iii)	Amount required to be spent during 2023-24	178.03
   (iv)	Amount spent during 2023-24	173.11
   (v)	Shortfall for the financial year	4.91

9. (a) Details of Unspent CSR amount for the preceding three financial years: Nil

   (b) Details of CSR amount spent in the financial year for ongoing projects of the preceding financial year(s): Not Applicable

10. In case of creation or acquisition of capital asset, furnish the details relating to the asset so created acquired through CSR spent in the financial year (asset-wise details). - Not Applicable

    (a) Date of creation or acquisition of the capital asset(s). - NA

    (b) Amount of CSR spent for creation or acquisition of capital Asset - NA

    (c) Details of the entity or public authority or beneficiary under whose name such capital asset is registered, their address etc. - NA

    (d) Provide details of the capital asset(s) created or acquired (including complete address and location of the capital asset) - NA

11. Specify the reason(s), if the company has failed to spend two per cent of the average net profit as per section 135(5). –

    Required CSR expenditure under sec 135(5) of Companies Act, 2013 for the F.Y 2023-24 was Rs. 178.03 lacs and during the F.Y the company spent Rs. 173.11 lacs on the identified projects and balance Rs. 4.91 Lacs which remained unspent as on 31/03/2024 was spent on 10/04/2024 on the identified projects.

    Since the company has spent all pending amount within 10 days of the end of the FY hence it was decided not to open a separate bank account.

For and on behalf of the Board of Directors