|2. POLICY OBJECTIVES
The policy objectives of the Company as per Schedule VII of The Companies Act, 2013 are
a) Eradicating hunger, poverty and malnutrition, promoting preventive health care and
sanitation and making available safe drinking water:
b) Promoting education, including special education and employment enhancing
vocation skills especially among children, women, elderly, and the differently abled
and livelihood enhancement projects;
c) Ensuring environmental sustainability, ecological balance, protection of flora and
fauna, animal welfare, agroforestry, conservation of natural resources and maintaining
quality of soil, air and water;
d) Contribution to the Prime Minister's National Relief Fund or any other fund set up by
the Central Government for socio-economic development and relief and welfare of
the Scheduled Castes, the Scheduled Tribes, other backward classes, minorities and
e) *Promoting gender equality, empowering women, setting up homes and hostels for
women and orphans, setting up old age homes, day care centres and such other
facilities for senior citizens and measures for reducing inequalities faced by socially
and economically backward groups.
|3. SCOPE OF THE POLICY
|This policy covers the contribution of its ‘average net profit’ (calculated in accordance with
the provisions of Section 198 of the Companies Act, 2013) for eradicating hunger, poverty
and malnutrition and also prevent health care and safe drinking water through its contribution
in its various proposed projects / strategy for the human welfare and safety. The Company
shall also contribute its efforts and funds towards betterment of education and employment.
Due to the global warming, environmental safety in the recent days are the big issue,
therefore, the Company shall supports and works out on the environmental sustainability,
ecological balance, animal welfare, conservation of natural resources and maintaining quality
of soil, air and water. The policy also covers the contribution of its average net profit in the
Government recognized funds which will for socio-economic development for the society as
|4.1 "Corporate Social Responsibility (CSR)" means and includes but not limited to:
(I) Projects or programs relating to activities specified in Schedule VII to the Act or
(ii) Projects or programs relating to activities undertaken by the board of directors of a
Company (Board) in pursuance of recommendations of the CSR Committee of the Board as
per approved CSR Policy of the company subject to the conditions that such policy will cover
subjects enumerated in Schedule VII of the Act.
4.2 "CSR Committee" means the Corporate Social Responsibility Committee of the Board
referred to in section 135 of the Act i.e the Board consisting of three directors and out of
which at least one director shall be independent director.
4.3 "CSR Policy" relates to the activities to be undertaken by the company as specified in
Schedule VII to the Act and the expenditure thereon,
|4. COMPLIANCE, MONITORING AND REPORTING
|Compliance with this policy will be continuously monitored and subject to review by the
CSR Committee and the Board of Directors, supported by the Audit Committee. Compliance
will be reported to stakeholders through the Annual Report of the Company or its annual
Corporate Social Responsibility Report / Board’s Report. The CSR Committee shall at fixed
interval of every six month review the CSR activities of the Company and reports the same to
the Board of Directors at its ensuring Board Meeting. If any of the non-compliance is
observed by the CSR Committee, then they shall take the necessary action with the prior
approval of the Board. The CSR Committee shall continuously monitor the strategies for the
Company’s CSR activities.
|4. BASIC STANDARDS OF THE CSR COMMITTEE
a) The Committee shall conduct their duties under this policy with honesty, integrity and openness, respecting human rights and in the interest of the Company.
b) The Committee shall maintain the highest standards of integrity – for example, we will not promise more than the Committee can reasonably deliver or make commitments the Committee cannot or do not intend to keep.
|4. STRATEGY TO ACHIEVE THE CSR ACTIVITIES.
| help troubled families turn their lives around
improve mental health
reduce child poverty and make sure that children are properly supported so that they
complete their education
make work pay, and help people to find and stay in work
help people recover and become independent if things have gone wrong
work with the voluntary, public and private sectors to deal more effectively with
|6.2. Our strategy to promote education
| Rural secondary school education:
Identifying formal and informal educational opportunities in rural areas that are better
suited to meeting the requirements of local labour markets and the needs of the
Education for food and nutrition security: Imparting and strengthening pupils’ life
skills with the active involvement of their parents.
formal and non-formal education, adult education
Scholarships for girls, merit scholarships and technical education for boys
Girl child education
Digital literacy / computer education
Balwadis for elementary education
Quality primary education
expanding social safety nets
expanding nutrition programs that target children under 2 years of age
promoting gender equality
|6.3. Our strategy to promote Healthcare & family welfare includes action thereto:
supports pulse polio program
Mobile clinics — doctors' visits
General and multispeciality medical camps, cleft lips
Reproductive and child health care, supplementary nutrition / mid-day meal projects
Safe drinking water, sanitation — household toilets, community hospitals
HIV / AIDS, cancer, TB awareness and prevention camps
|6.4. Our strategy to promote Environment sustainability includes action thereto:
| investing in clean energy
making infrastructure improvements
increasing access to sanitation
offering technical assistance
promoting ecosystem-based solutions
|6.5. Our strategy to promote gender equality & empowering women includes action
| To protect the right and freedom of women.
To battle in opposition to gender unfairness.
To commence campaign for weaker segment of women.
To provide financial assistance to a needy women for setting up a small business unit
for her & her dependents daily basic needs of life.
To provide the financial assistance and other assistance to any trust who is engaged in
the woman empowerment activities.
To provide any trust the financial assistance for setting up of old age homes.
To conduct the programs on women empowerment by the Company itself or by any
other person / trust, to encourage and take the counseling sessions for adopting the
positive attitude in life.
|7. ADMINISTRATION AND REVIEW OF THE POLICY
|The CSR Committee shall be responsible for the administration, interpretation, application
and review of this policy. The Chairman of the CSR Committee also shall be empowered to
bring about necessary changes to this Policy, if required at any stage with the concurrence of the Board.
|The Company reserves its right to amend or modify this Policy in whole or in part, at any
time without assigning any reason whatsoever. However, no such amendment or modification
will be binding on the Employees and Directors unless the same is notified to them in