| 1. | Financial Year | 2024-25 |
| 2. | Date of approval by Board of Directors | 07.03.2025 |
Pursuant to Section 135 of Companies Act 2013 read with the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021 dated January 22, 2021, read with the annual action plan for Corporate Social Responsibility (CSR) activities that will be undertaken for the FY 2024-25 is mentioned hereunder:
The CSR Annual Action Plan includes the list of CSR projects or programmes that are approved to be undertaken by the board in areas or subjects specified in Schedule VII of the Act. These projects or programmes are in line with our CSR policy which was approved in the meeting of the Board held on 20th December 2024 and governed by the Board of the Company.
| Sr No. | Names of CSR Projects/ Programmes | Location of the Project | Activity under Schedule VII | Manner of Execution (Direct/ Through Implementing Agency) | Allocated Budgets | Implementation Schedule |
| 1. | Wildlife Corridor | Bangalore | Activities relating to Animal Welfare | Holématthi Nature Foundation | Rs.9,95,000/- | On or before March 31, 2025 |
The Corporate Social Responsibility (CSR) budget, as stipulated by the Companies Act, 2013, and the rules and policies framed thereunder, shall be allocated towards approved CSR activities.
The Company shall ensure the collection of all necessary documents and information from these agencies.
The Company shall execute the aforementioned projects through any entity, company, public trust, or society as specified in the Rule 4 of the Companies (Corporate Social Responsibility Policy) Rules, 2014, including any re-enactments, modifications, or amendments thereto.
The Board shall ensure that the funds disbursed for Corporate Social Responsibility (CSR) are utilized for the approved purposes and in the manner specified. The Company Secretary of the Company shall certify the financial management of these funds.
The Company Secretary shall oversee the implementation of CSR projects, programs, and activities within the approved timelines and year-wise allocations as per the CSR Policy.
The Committee shall ensure compliance with the provisions related to CSR in the Companies Act, 2013, and the Rules made thereunder.
The Company Secretary is authorized to make necessary modifications for smooth project implementation within the overall permissible time period.
The allocated budgets are as per the financials for the financial year 2023-24 and the same shall be contributed to the Implementing Agency.
Not Applicable