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Corporate Social Responsibility Policy (CSR Policy) : 1. Title and Applicability

This document outlines the Corporate Social Responsibility (CSR) Policy of Modi Builders and Realtors Private Limited. It describes the purpose, scope, and objectives of the CSR policy, which has been formulated in accordance with the Companies Act of 2013. The key aspects covered include the constitution of a CSR Committee responsible for formulating and overseeing the company's CSR agenda, including recommending a CSR policy and activities to the Board of Directors.

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87 views

Corporate Social Responsibility Policy (CSR Policy) : 1. Title and Applicability

This document outlines the Corporate Social Responsibility (CSR) Policy of Modi Builders and Realtors Private Limited. It describes the purpose, scope, and objectives of the CSR policy, which has been formulated in accordance with the Companies Act of 2013. The key aspects covered include the constitution of a CSR Committee responsible for formulating and overseeing the company's CSR agenda, including recommending a CSR policy and activities to the Board of Directors.

Uploaded by

mangjit
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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CORPORATE SOCIAL RESPONSIBILITY POLICY (CSR POLICY)

1. TITLE AND APPLICABILITY

The Document describes the Corporate Social Responsibility Policy (“CSR Policy”) of M/s.
Modi Builders and Realtors Private Limited (“the Company”), which has been formulated in
accordance with the provisions of Section 135 of the Companies Act, 2013 and the Companies
(Corporate Social Responsibility Policy) Rules, 2014 and the relevant amendments,
notifications and circulars for the time being in force.

2. SCOPE AND OBJECTIVE OF CSR POLICY

The purpose of this Policy Document is to make the Stakeholders aware about CSR and the
manner in which the CSR activities are undertaken by the Company and Focus areas of CSR.

3. PURPOSE

The Companies Act, 2013 has brought greater emphasis on CSR that provide guidance on
minimum CSR spend, focus areas, implementation mechanism and reporting to the
Shareholders of the Company. Pursuant to the provisions of Section 135 of the Companies
Act, 2013 and the Companies (Corporate Social Responsibility Policy) Rules, 2014, CSR
provisions are prescribed to stipulate greater responsibility by Companies towards the Society.
As the Company meets the eligibility criteria stipulated in Section 135 of the Companies Act,
2013, the provisions related to CSR are applicable to the Company.

4. CSR COMMITTEE

4.1. CONSTITUTION OF CSR COMMITTEE

As per requirements of Section 135 of the Companies Act, 2013 and the Companies (Corporate
Social Responsibility Policy) Rules, 2014, a Corporate Social Responsibility Committee (“the
CSR Committee”) has been constituted by the Board of Directors comprising of three directors
to oversee the CSR agenda of the Company. The CSR Committee Chairman shall be appointed
by the Board. The Board of Directors shall be empowered to take decision for making or
effecting changes in the constitution of the CSR Committee as and when required.

4.2. RESPONSIBILITIES OF THE CSR COMMITTEE

a) To formulate and recommend to the Board of Directors, a CSR Policy indicating the
activities to be undertaken by the Company as specified in Schedule VII of the
Companies Act, 2013;

b) The following activities shall be included as part of the CSR activities:


 Promotion of Education;
 Promoting gender equality and empowering women;
 Reducing child mortality and improving maternal health;
 Ensuring environmental sustainability;

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