Reliance Case Study

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Reliance Case study :

CHIEF EXECUTIVE OFFICER

1 Mr. Mukesh Dhirubhai Ambani is Chairman and Managing Director of Reliance


Industries Ltd. since July 31, 2002 and has been its Director since April 01, 1977

2 Yes

3 Salary and allowances - 4.49

Perquisites -0.27

Retiral benefits -0.71

Commission payable-9.53

Total - 15 crores

4 Mukesh D. Ambani - 72,31,692 equity shares

1. Who is on the board of directors of the company? How long have they served as
directors?\
 Mukesh D Ambani (chairman and managing director)
 Neeta M Ambani (non- executive and non independent director)
 Heetal R Meswani (Executive director)
 Nikhil R Meswani (executive director)
 P. M.S. Prasad (executive director)
 P.K. Kapil (executive director)
 R. A. Mashelkar ( independent director)
 AdilZainulbhai( independent director)
 Mansingh L Bhakta ( independent director)
 Dipak C Jain ( independent director)
 Yogendra P Trivedi ( independent director)
 Raminder S Gujral( independent director)
 Sumeet Banerji ( independent director)
 Arundhati Bhattacharya ( independent director)
 DharamVirKapur

2. How may of the directors are Inside directors:

 MukeshAmbani
 Anil Ambani
 Neeta Ambani
 DeeptiAmbani
 AkashAmbani
 AnantAmbani

3. How many of the directors are CEO’s of the other companies?


 Mansingh L. Bhakta
Chairman of the Taxation Law Standing Committee of Law Asia, an association of
lawyers of the Asia-Pacific region

 DharamVirKapur
Chairman (Emeritus) of Jacobs H&G (P) Limited
Chairman of GKN Driveline (India) Limited and Drivetech Accessories Limited.
Chairman of the Audit Committees of Honda Siel Power Products Limited and GKN
Driveline (India) Limited.

 Yogendra P. Trivedi
Chairman of Sai Service Station Limited and Trivedi Consultants Private Limited
Chairman of Indo-African Chamber of Commerce.

 Ashok Misra
Chairman of Intellectual Ventures.

4. Financial Market Concerns:

How many trading volume is there on this stock?

Traded Volume (shares)20,36,651

Traded Value (lacs)25,763.23

5(1) corporate social Responsibility:

Reliance Group (Reliance) seeks to impact people's lives through its Corporate Social
Responsibility (CSR) initiatives. Its CSR policy is aimed at improving lives, living and
livelihood for a stronger and inclusive India.

Most of these initiatives are conducted under the aegis of the Reliance Foundation, an
umbrella organization for the Company's social sector initiatives. These initiatives
happen to be in conformity with the Sustainable Development Goals (SDGs), outlined in
the United Nations 2030 Agenda for Sustainable Development. Reliance focuses on
ushering in change through the following focus areas:

Rural Transformation (RT) – Reliance works towards bridging the developmental gap
between rural 'Bharat' and urban 'India' by improving livelihoods and addressing
poverty, hunger and malnutrition. The programmed design is distinguished by two
unique features.

First, it is a holistic intervention for transformation driven by community aspiration goals


and second, it has been grounded with some of the most marginal communities of India.

These initiatives help build capacities of communities to promote peaceful and inclusive
societies and ensure long-term sustainable development.

Environment (En) – Reliance focuses on promoting environmental sustainability through


initiatives towards enhancing ecological balance, promoting biodiversity, conserving
natural resources and promoting renewable energy. Additionally, efforts have been
made to maintain the quality of soil, air and water.

Health (He) – Reliance provides affordable solutions for quality healthcare through
improved access to healthcare services and spreading awareness. The outcomes of
healthcare related initiatives include providing access to quality primary and secondary
care services to the deprived population, conducting need-based health camps and
providing consultation and medicine, amongst others. Efforts have been made to ensure
better maternal and child healthcare services and improve delivery through innovative
research programmes. Through the Drishti programme, Reliance has worked with the
visually impaired.

Education (Ed) – Reliance seeks to provide quality education, training and skill
enhancement to improve the quality of living and livelihood. The Company focuses on
promoting primary and secondary education, enabling higher education through
scholarships, promoting higher education through setting up and supporting universities
and skill development through vocational training.

Sports for Development (SD) – Reliance focuses on using sports as a medium to


encourage learning and inculcate leadership amongst the youth. The programme uses
sports and activities as a tool for development to bring about positive change. Under
this initiative, talented young students are groomed further to build their skills in sports.

Reliance's CSR policy is aimed at improving lives, living and livelihood for a stronger
and inclusive India.
Disaster Response (DR) – Reliance works towards organising timely relief and
rehabilitation of communities affected by natural calamities. Efforts are also made to
build capacities of local communities to cope with disasters and develop expertise and
resources to respond to it in a timely manner.

Arts, Culture and Heritage (A&C) – The initiative towards protecting Indian Arts, Culture
and Heritage is aimed at supporting and promoting artists and craftsmen, preserving
traditional art and handicraft and documenting India's rich heritage for the benefit of
future generations. Various promotional and developmental projects and programmes
have been conducted.

THROUGH THE INITIATIVES MENTIONED ABOVE, RELIANCE HAS ACHIEVED THE


FOLLOWING RESULTS:

Livelihoods of more than 19 lakh farmers and fisher folks enhanced with support from
Reliance (over 20 lakh since inception).

More than 97,000 individuals benefited from 2,982 interactive programmes on health,
agriculture and livelihoods (over 2 lakh benefited from 6,789 interactive programmes
since inception).

31 additional Village Farmers Associations were formed during FY 2015-16 and 3,000
marginal households were enrolled. (Since inception, more than 500 Village Farmers
Associations, with 48,500 marginal households have been positively impacted through
various sustainable agriculture initiatives).

6,749 Ha of land was brought under improved cultivation (53,934 Ha since inception).

Over 17,000 people supported to reach nutrition self-sufficiency (nearly 1.5 lakh since
inception).

Water harvesting structures created to collect 103 lakh cubic metres of rainwater (nearly
550 lakh cubic metres since inception).

Water harvesting and conservation efforts resulted in bringing 4,726 Ha under irrigation
(20,590 Ha since inception).

Over 5.4 lakh saplings were planted to preserve the environment (nearly 120 lakh since
inception).

Over 5 lakh health consultations provided to patients through Reliance managed


hospitals, mobile and static medical units and various health camps (over 35 lakh since
inception).

8,480 women were screened for anemia, of which 3,165 women were diagnosed and
received treatment for it (over 12,000 women screened, of which 4,900 received
treatment since inception).

A total of 12,283 children were screened for malnutrition and 1,459 received follow-up
treatment for it.

689 corneal transplants (14,728 since inception) supported under the Drishti
Programme.

675 cataract surgeries were supported under eye care services.

Through 27 Community Health Workers, over 1,000 pregnant women were enrolled for
antenatal and postnatal care services.

Over 500 patients were provided free consultation, counselling, investigation and
treatment for HIV/AIDS (over 8,000 patients since inception).

687 meritorious students were given scholarships to pursue higher studies (over 12,000
since inception).

Quality education was provided to 85,000 students through six 'Education for All' NGOs
(70,000 students) and 13 Reliance Foundation Schools (15,000 students).

Engaged with over 19 lakh youth (over 28 lakh since inception) across 18 cities who
were encouraged to adopt healthy and active lifestyle by integrating basketball into their
physical education curriculum.

23 children were awarded scholarships under Young Champs programme for


developing football abilities.

Sports for Development initiatives in rural areas reached out to more than 3,000
children through various events.

The relief activities covered seven districts and 218 villages in Gujarat, Maharashtra and
Tamil Nadu.

Lives of 1,46,510 individuals were impacted through disaster relief by providing various
relief materials (2.8 lakh individuals since inception).

Extended support to the annual concert, "Abbaji", organised by Ustad Zakir Hussain in
the memory of his father, Ustad Allah Rakha Khan. This concert featured renowned
musicians who came together to pay tribute to the legendary Guru.

Sustainable development is one of the key principles of Reliance's CSR. Reliance's


initiatives are aligned towards five broad dimensions of sustainability, viz., Planet,
People, Products and Processes, Prosperity and Peace and Partnerships. Following
sections provide the activities in line with these five dimensions.

5(2) Does the firm have a good or bad reputation ?


Report on Corporate Social Responsibility. "The Company's vision is to create value for
the nation, enhance quality of life across the entire socio-economic spectrum and build
an inclusive India. ... Reliance Group (Reliance) seeks to impact people's lives through
its Corporate Social Responsibility (CSR) initiatives.
Focus Areas of Engagement
For a company with diversified businesses like RIL, there are several opportunities to
increase and deepen social impact significantly and generate value for all. RIL seeks to
strategically consolidate the Company’s CSR initiatives to focus on discrete social
problems and enable people to earn their livelihoods. To streamline its social initiatives,
the Company, in its CSR policy, has identified six focus areas that aim to positively and
holistically impact society.

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