Item No.

To Update and recommend to the Board, Corporate Social

Responsibility Policy of IRFC

THE COMPANIES (AMENDMENT) ACT, 2019 (The Amendment), has amended the
existing provisions and also inserted the new provisions under Section 135 of the
Companies act, 2013, Amendment Effective from 22.01.2021.

As per clause (a) sub-section (3) of the Section 135 of the Companies Act, 2013, The
Corporate Social Responsibility Committee shall formulate and recommend to the
Board, a Corporate Social Responsibility Policy which shall indicate the activities to
be undertaken by the company in areas or subject, specified in Schedule VII of the
Act.

There is Board approved CSR Policy in place. In view of the amendments in the CSR
Provisions, there is requirement to incorporate few changes in order to align the
CSR Policy with the recent amendments in the Companies Act, 2013 and CSR Rules.
Existing CSR Policy of the Company has been suitably aligned with the amendments
and placed before the CSR Committee for its consideration and recommendation to
the Board. The Draft modified CSR Policy is placed as Annexure __”A’ to __ “N”.

Amendments in the CSR Policy have been highlighted as underlined and deletion of
any existing provision is truck off.

CSR Committee is requested to approve the amended CSR Policy and recommend to
the Board new CSR Policy of the Company and pass the following resolution:

RESOLVED THAT pursuant to the provisions of Section 135 of the Companies Act,
2013 and the Companies (Corporate Social Responsibility) Rules, 2014 and any
other applicable provisions of Companies Act, 2013 read with Rules thereunder
(including any statutory modifications or re-enactment thereof, for the time being in
force), the draft policy on CSR activities of the Company as placed before the CSR

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Committee, be and is hereby taken on record and approved and recommended to
the Board for its approval.