Striving to do our bit for society

1.Objective of Corporate Social Responsibility:

Unichem has engaged in Corporate Social Responsibility [CSR] activities for decades and much before the same became a mandatory responsibility of Corporates.Unichem being a pharmaceutical company is naturally inclined to improve the health of general public at large and the Company is well known for its Quality and Reliability over the years. Health and Education of economically backward communities have always been prioritized by Unichem.

2.CSR activities:

  • dot-style Promoting health-care including preventive health-care and sanitation mainly in the economic backward sections
  • dot-style Promoting education with primary focus on under privileged children in the backward areas
  • dot-style Making available safe drinking water
  • dot-style Training to promote recognized sports for children and
  • dot-style Promoting projects under Swachh Bharat Abhiyan

The above mentioned CSR initiatives focus on recognized activities mentioned in Schedule VII of the Companies Act, 2013, as amended from time to time.

The Company would undertake other need based activities in compliance with Scheduled VII of the Companies Act, 2013.

3.Terms of reference of the committee:

(i) To Formulate and recommend to the Board, a Corporate Social Responsibility Policy and any revisions thereof which shall indicate the activities to be undertaken by the company as specified in Schedule VII;

(ii) To Recommend the amount of expenditure to be incurred on the activities referred to in clause (i); &

(iii) To Monitor the Corporate Social Responsibility Policy of the company from time to time.

4.Implementation, Review and Reporting:

The approved CSR programme will be monitored and implemented by CSR Committee with the assistance of designated Senior Executives of the Company.

Once in six months or at such intervals as desired by the CSR committee, the above CSR activities will be reviewed and monitored by the Committee and a report on the CSR activities undertaken shall be placed before the Board by the CSR Committee.

The CSR Policy shall be periodically reviewed and appropriately revised by the CSR Committee.

5. Budget:

Minimum of two (2%) of the Average Net Profit (before tax) of the preceding three years will be allocated every financial year for CSR activities. Any reasons for non spending of the amount allocated to CSR shall be explained in the Report to the Shareholders.

Any unspent/unutilized CSR allocation of a particular financial year, may, at the joint discretion of the CSR Committee and the Board of Directors of the Company be carried forward to the following year.

This Policy has been amended, approved and adopted by the Board of Directors at their meeting held on March 31, 2018 .


The Muktangan initiative of Paragon Charitable Trust is a new model of education providing quality, child-centred, inclusive, English medium schooling to thousands of underprivileged children in Mumbai. Muktangan works in close partnership with the municipal corporation of Greater Mumbai and a number of NGOs across India.

A fund of 25 lakhs provided by Unichem has been utilized for running the Muktangan Sayani MPS Middle School at Mumbai during the academic year 2015-2016.

Unichem’s support has been crucial to upkeep the livelihood of 22 community teachers and education of 124 children between 5th and 8th standards at Sayani MPS Middle School. Between June 2015 to April 2016, students were provided quality education in an inclusive school environment comprising five and a half day school week. The medium of instruction was English and the teachers used Muktangan’s active constructive methodology to teach State Government’s prescribed syllabus. The programme also catered to six students with special needs.

In addition, these students were introduced to co-curricular activities like dance, drama, music, PE and ICT which encouraged them to participate in annual programmes such as:

Muktangan’s annual dance and drama programme where students from 5th to 7th standard performed on stage.

Project Day:
Students from 1st to 8th standard picked a project from their textbooks and built project models around the topic for display on Project Day at their schools.

Annual Day:
At the end of the academic year, students, parents and teachers organised a year-end show of music and dance to celebrate the close of another successful academic year.

Information and Communications Technology (ICT):
In an attempt to provide students at Muktangan with 21st century skill sets, they were introduced to an intensive Information and Communications Technology (ICT) programme Computer Masti, which trains students in computer skills. During the academic year, as part of their syllabus, 8th standard students created their own digital stories.