CORPORATE SOCIAL RESPONSIBILITY POLICY

CSR at our Company goes beyond the business and extends to the implementation of socially relevant activities for the benefit of the society at large. This policy is in keeping with the requirements of the Companies Act, 2013 and Companies (Corporate Social Responsibility) Rules, 2014.

1) Our CSR Vision & Mission

Through sustainable measures, actively contribute to the Social, Economic and Environmental Development of the community in which we operate ensuring participation from the community and thereby create value for the nation.

Ensuring socio-economic development of the community through different participatory and need- based initiatives in the best interest of the poor and deprived sections of the society so as to help them to become self-reliant and build a better tomorrow for themselves.

2) Roles and Responsibilities of the Committee

a) The Committee shall decide the CSR activities to be taken by the Company in accordance with this policy.
b) Decide the amount to be allocated for each project or activity.
c) Monitoring the progress of the initiatives rolled under this policy.
d) Submit a report to the Board of directors on all CSR activities undertaken during the financial year which shall duly be displayed on the company`s website.

3) CSR programs and projects

The Company`s commitment to CSR projects and programmes will be by investing resources into any of the following areas.
i. Eradicating hunger, poverty and malnutrition, promoting preventive health care and sanitation and making available safe drinking water;
ii. Promoting education, including special education and employment enhancing vocation skills especially among children, women, elderly, and the differently abled and livelihood enhancement projects;
iii. 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;
iv. 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;
v. Protection of national heritage, art and culture including restoration of buildings and sites of historical importance and works of art, setting up public libraries, promotion and development of traditional arts and handicrafts;
vi. Measures for the benefit of armed forces veterans, war widows and their dependents;
vii. Training to promote rural sports, nationally recognized sports, paralympic sports and Olympic sports;
viii. Contribution to the Prime Ministers' 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 women;
ix. Contributions or funds provided to technology incubators located within academic institution which are approved by the Central Government;
x. Rural development projects.
xi. Such other activities as the Board may consider to be appropriate.

4) Reporting, Evaluation & Documentation:

The Budget for CSR initiatives shall be prepared in accordance with the Section 135 of the Companies Act, 2013 or other statutory enactments. CSR projects will be undertaken based to the best possible extent on the recommendation of the CSR committee within the defined thrust areas.
The CSR committee will evaluate the project progress. The CSR report shall also be included in the Board`s report. Surplus arising out of CSR activity, if any, will not form part of business profits of the Company.

5) Implementation of the Policy:

The company`s CSR programs will be identified and implemented according to the Board`s approved CSR policy.

6) Review of the Policy:

The CSR committee shall review the CSR policy periodically and make revisions to the same with the approval of the Board.