FY 2021-22

In FY 2021-22 Muthoot Finance Limited spent ₹81.14 crore on CSR against a 2% obligation of ₹80.87 crore.

Period: Apr 2021 - Mar 2022.

• Obligation (2% rule): ₹80.87 crore
• Spent in the year: ₹81.14 crore (projects ₹79.16 crore, admin overheads ₹1.98 crore)
• Set aside for ongoing projects (Unspent CSR Account): ₹0 crore
• Transferred to a Schedule VII fund: ₹0 crore
• Excess from earlier years set off against this year's obligation: ₹0 crore
• Environment spend: ₹0.2 crore

Main programmes

• Education infrastructure, Delhi (St George's Education Society): 16.63 cr; scholarships Delhi 6.25 cr, Kerala 4.09 cr + 0.74 cr
• Muthoot M George Institute of Technology school/college adoption, Ernakulam: 20.00 cr; Ernakulam direct 0.99 cr; Kanchipuram 1.38 cr
• Poor patients' medical assistance, all India: 5.57 cr direct plus 0.93 cr via trusts
• Covid-19 disaster management programme, all India: 4.62 cr
• Support to other organisations' infrastructure, all India: 7.09 cr
• Sports promotion (Kerala, Delhi): 2.37 cr incl. 2.00 cr via Muthoot Educational Trust
• Food distribution and one-time support: 1.58 cr; Snehashraya 0.47 cr; skill development Chennai 0.54 cr
• Solar lamps/panels, canal cleaning, waste management, Harithatheeram, all India: 0.20 cr

States: Kerala, Tamil Nadu, Karnataka, Delhi, Haryana, Uttarakhand, Telangana, All India.

Implementing agencies: Muthoot M George Institute of Technology, St George's Education Society, Muthoot Finance Educational Trust (Tamil Nadu), Muthoot Educational Trust, Muthoot M George Foundation, Muthoot M George Charitable Trust, Hand in Hand India.

Source: S5 Annual Report 2021-22, pages pdf pp.68-75