Corporate Social Responsibility Policy

1. Preamble

Social Responsibility is one of the fundamental values of the Company and implies taking responsibility beyond our legal and contractual obligations. Perusal of the Company's following policy statements reflects the Management's commitment towards Social Responsibility:

  • Vision

  • Mission

  • Values

  • Quality Policy

  • Safety, Health & Environment Policy

2. Policy Statement

To work towards the development & welfare of all sections of society, without discrimination, in terms of their:

  • Physical and mental health and wellbeing.

  • Economic wellbeing & growth through education and development of skills.

  • Ethical, Moral and spiritual development.

To ensure protection & Improvement of the Habitats & Environment.

3. Implementation

The CSR Policy of the Company shall be implemented in the following manner:

a. Governance

The Governance mechanism shall include the constitution of a CSR Committee consisting of the following:

  • Shri Dalip Jolly

  • Shri Pradeep Jolly

  • Shri Varun Jolly

b. Programs & Activities

The above Committee shall, from time to time, identify and authorise programs in accordance with the Policy Statement and oversee their implementation.

The Committee shall keep the Board of Directors informed about the activities and the progress made. Suitable organization structure may be created for the smooth conduct of such activities.

c. Budget

The Committee will propose and get approval from the Board of Directors the budget for the proposed programs & activities.

d. Compliance

The Committee shall ensure that the programs & activities undertaken, and the amounts spent fulfill the statutory requirements under Section 135 of the Companies Act, 2013.

e. Evaluation, Monitoring & Reporting

All programs, whether implemented directly by the Company or indirectly by funding other organizations, shall be evaluated on objective criteria in terms of impact made on the beneficiaries and the environment.

All programs shall be monitored and information regarding the same would be shared through structured reporting.