Corporate Social Responsibility (CSR) Policy

Policy Statement

The Company is committed to contributing positively to society through sustainable and responsible business practices. This Corporate Social Responsibility (CSR) Policy outlines the Company's philosophy, framework, and initiatives aimed at supporting inclusive growth, environmental protection, and community development, in accordance with Section 135 of the Companies Act, 2013 and the Companies (CSR Policy) Rules, 2014.

Objectives

• Promote sustainable development by addressing the needs of underprivileged communities.
• Align CSR initiatives with national priorities such as education, health, environment, and rural development.
• Foster a culture of social responsibility across the organization.
• Ensure compliance with applicable CSR laws and transparency in implementation.

Scope and Applicability

This policy applies to all CSR activities undertaken by the Company, directly or through implementing partners. It covers projects, programs, and contributions made in India as per the Company's CSR focus areas.

CSR Vision and Commitment

The Company's CSR vision is to create long-term value for society by promoting social equity, environmental stewardship, and economic progress. The Company is committed to conducting its operations in a way that contributes to sustainable development and supports the communities in which it operates.

Focus Areas for CSR Activities

• Education: Supporting initiatives in literacy, vocational training, and digital learning for underprivileged children and youth.
• Healthcare: Promoting preventive and curative healthcare, sanitation, and access to clean drinking water.
• Environment: Promoting sustainability through waste management, afforestation, renewable energy, and resource conservation projects.
• Women Empowerment: Supporting gender equality, livelihood enhancement, and self-help initiatives.
• Community Development: Rural infrastructure, skill development, and social welfare programs.
• Disaster Relief: Providing support during natural calamities, pandemics, or emergencies.

CSR Governance Structure

• Board of Directors: Provide strategic oversight and approve CSR policy, budget, and annual CSR report.
• CSR Committee: Formulated as per Section 135 of the Companies Act, responsible for recommending CSR projects, monitoring progress, and ensuring compliance.
• CSR Team: Responsible for implementing CSR projects, coordinating with partners, and preparing documentation.
• Implementing Partners: Selected based on their expertise, track record, and alignment with the Company's CSR objectives.

CSR Budget and Funding

The Company shall allocate at least 2% of the average net profits of the preceding three financial years towards CSR activities, as mandated by the Companies Act, 2013. Unspent CSR funds, if any, shall be carried forward or transferred in accordance with statutory requirements.

Implementation and Monitoring

• CSR programs may be implemented directly or through registered non-governmental organizations (NGOs) or other eligible entities.
• Each project shall have defined objectives, timelines, budgets, and measurable outcomes.
• The CSR Committee shall monitor implementation progress and ensure effective utilization of funds.
• Regular impact assessments shall be conducted for long-term and high-value CSR projects.

Reporting and Disclosure

The Company shall disclose details of its CSR policy, activities, and expenditures in the Board's Report and on the Company's official website, in accordance with statutory requirements. An annual CSR report, certified by the CSR Committee, shall be submitted to the Board of Directors.

Roles and Responsibilities

• Board of Directors: Approve the CSR Policy, ensure effective implementation, and disclose CSR performance annually.
• CSR Committee: Recommend CSR projects, allocate budgets, and oversee execution and monitoring.
• CSR Team: Coordinate project execution, maintain records, and report outcomes to the CSR Committee.
• Employees: Volunteer and support CSR initiatives as part of the Company's community engagement program.

Policy Review

This policy shall be reviewed annually or as required by changes in legal or business requirements. Any amendments shall be approved by the Board of Directors and communicated to all stakeholders.

Employee Acknowledgment

I acknowledge that I have read and understood the Corporate Social Responsibility (CSR) Policy of the Company I agree to support and participate in the Company's CSR initiatives and uphold its commitment to ethical and sustainable development.

Employee Name: __________________________

Signature: ______________________________

Date: _________________________________