• Yashi Khare Pamecha

India is the first country in the world to mandate corporate social responsibility (CSR) through a legal provision. Section 135 of the Companies Act, 2013 requires the prescribed class of companies in India to constitute a CSR committee and spend at least 2% of average net profits of the company made during the preceding three years towards CSR activities. To comply with this provision, only activities listed in Schedule VII of the Companies Act, 2013 must be undertaken for prescribed CSR spends. This study aims to assess the amount of expenditure companies incur on CSR initiatives, the percentage of net profits spent towards CSR and the different CSR activities undertaken by companies. For this, cases of ten listed companies with large market capitalization in India have been studied. The study reveals that companies are making significant efforts to contribute towards CSR by way of adopting villages, encouraging hygiene and sanitation, preserving heritage, enhancing livelihoods, conserving wildlife and uplifting the underprivileged.

Companies Act, Schedule VII, Average Net Profit, CSR

"Study of CSR Activities of leading listed companies and their compliance with Section 135 of The Companies Act, 2013 ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 9, page no.815-818, September-2018, Available :http://www.jetir.org/papers/JETIR1809768.pdf

"Study of CSR Activities of leading listed companies and their compliance with Section 135 of The Companies Act, 2013 ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 9, page no. pp815-818, September-2018, Available at : http://www.jetir.org/papers/JETIR1809768.pdf