(a) Dr. Devaiah Pagidipati (Non-Executive Director)
(b) Mr. Venkata Brijmohan Mandala (Non-Executive Director)
(c) Mr. Ankit Dineshbhai Parikh (Non-Executive Director)
Scope of Work
Round Table India ‘Freedom through education’ – in pursuit of educating underprivilege children. Round Table India’s focus on building infrastructure is aimed at promoting education for posterity and hence RTI has put in colossal efforts to build FTE school blocks across the nation. Under the FTE program, RTIs members (called Tablers) identify needy schools for the underprivileged
that are operating from dilapidated or open structures; schools that have land available but little resources to take up big ticket expenditures like construction. It is here that RTI steps in and builds school blocks and amenities across India to help such efforts and hand over newly constructed quality school blocks to the school bodies.
Following are some of the necessities that are facilitated via Freedom through education:
● Build quality school buildings
● Build toilets
● Provide lights and fans
● Provide classroom furniture
● Construct science laboratories
● Build library rooms
● Construct computer rooms
The NGO shall ensure that all programs supported by ZebPay’s donations will meet the following
– The classroom construction projects will be PAN India where there is actual need of Infrastructure by the Schools, provided that prior to any disbursement of donations by ZebPay, the NGO and ZebPay shall mutually agree in writing about the location/place of the relevant classroom construction projects where the donations/funds from ZebPay will be deployed. To this end, ZebPa’’s point of contact shall be its Chief of Staff.
– Toilets for women/girls, facilities for clean drinking water and computer room facilities will be included in all construction projects (to the extent permissible).
– Branding across all schools should be consistent and aligned with ZebPay’s instructions and shall only be published or disseminated with the prior written approval of ZebPay.
– Testimonies of the School Teacher and School Students are required which can be used by ZebPay in Social Media.
– the NGO will share a bi-monthly update with ZebPay on the programs undertaken with ZebPay’s support and the progress thereof.
– The NGO will utilize ZebPay’s donation/grant on Matching Concept Basis with the Tables (Chapters of Round Table India) will also use the balance funds to construct the FTE Classrooms, and once the Total Amount aggregates to Rupees Four Crores (Rs 4,00,00,000/-) that is Grant of Rs 2,00,00,000/- by ZebPay (at its discretion) and Balance Rs 2,00,00,000/- or more as generated by Tables (Chapters of NGO internally) will be used for FTE Construction and Female Toilet Blocks. The target should be to achieve close to 80-100 Classrooms with an average cost of Rs 4-5 Lacs per classroom.
CORPORATE SOCIALRESPONSIBILITY POLICY(CSR POLICY)
- Title and applicability
1.1) The document describes the Corporate Social Responsibility Policy (“CSR Policy”) of Awlencan Innovations India Limited (“AIIL” or “the Company”). It includes AIIL’s vision, mission and other relevant attributes of Corporate Social Responsibility.
1.2) The CSR policy shall be guided by AIIL’s corporate philosophy of respect for the individual and the society at large.
1.3) The CSR policy has been formulated in accordance with Section 135 of the Companies Act 2013 and the CSR Rules 2014 and the relevant amendments / notifications / circulars.
1.4) The CSR policy shall apply to all CSR programs of AIIL
- Vision and Mission
AIIL is committed to build a sustainable business with strong social relevance and a commitment to inclusive growth and contribute to the society by supporting causes on various concerns including road safety, healthcare, environmental sustainability, promoting education, promoting sports and other rural development activities.
In pursuance of our vision that AIIL desires to be a ‘Company which society wants to exist’, we are dedicated towards fulfilling the social objectives through various CSR activities. The Company shall make its endeavour to positively impact and influence the Society for its sustainable development.
The Companies Act, 2013 has brought greater emphasis on CSR with rules that provide guidance on minimum CSR spend, focus areas, implementation mechanism and reporting to the shareholders of the company.
AIIL CSR Policy has been designed keeping in view the company’s business vision, its CSR vision and long-term social objectives that the company wants to achieve. AIIL CSR Policy has been created with the purpose to outline its CSR focus areas, review mechanism, execution process and reporting mechanism.
- Responsibility of the Board of Directors
The responsibility of the Board of Directors shall be as under:
4.1) To approve the CSR Policy & disclose the contents of such policy in its report and also place it on the Company’s website;
4.2) Ensure that the activities proposed in the CSR Policy are undertaken;
4.3) Ensure that the company spends, in every financial year, at least 2% of average net profits of the company made during the 3 immediately preceding financial years, as required under Section 135 of the Companies Act, 2013 & Rules made thereunder;
4.4) If a company fails to spend the sum as mentioned above, then the Board shall, in its Report specify the reasons for not spending the amount.
- CSR Committee
5.1. Constitution of CSR Committee
A Corporate Social Responsibility Committee (“the CSR Committee”) has been constituted by the Board of Directors to oversee the CSR agenda of the Company. The committee has been formed as per the requirements of Section 135 of the Companies Act, 2013 and Companies (Corporate Social Responsibility Policy) Rules, 2014.
The Board of Directors shall be empowered to take decisions for making or effecting changes in the constitution of the CSR Committee.
The composition of the CSR Committee shall be disclosed in the Board of Directors’ Report.
5.2. Responsibilities of the CSR Committee
a) To formulate & recommend to the Board of Directors, a CSR Policy indicating the activities to be undertaken as specified in Schedule VII of the Companies Act, 2013 and modify / amend the same as required;
b) To review and approve annual budgets with respect to CSR programs;
c) To develop and institutionalize a CSR reporting mechanism in light with Section 135, Rule 8 of the Companies Act 2013;
d) To ensure that AIIL corporate website displays the approved CSR policy of the company
e) To monitor the CSR Policy, Projects and Programs from time to time.
5.3. Meetings of CSR Committee
The CSR Committee shall meet as per the requirements of the Companies Act, 2013 and any amendments thereto. The meeting shall be held either at the registered office of the company or any other place, as may be decided by the members.
- Areas of CSR Activities
The Company is hereby devoted to direct its CSR resources, to a reasonable extent, for improving the quality of life of the people by focusing on the social causes, including but not limited to the following areas:
(i) Eradicating hunger, poverty and malnutrition, promoting health care including preventive health care and sanitation including contribution to the Swach Bharat Kosh set-up by the Central Government for the promotion of 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 including contribution to the Clean Ganga Fund set-up by the Central Government for rejuvenation of river Ganga.
(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 art and handicrafts;
(vi) Measures for the benefit of armed forces veterans, war widows and their dependents, Central Armed Police Forces (CAPF) and Central Para Military Forces (CPMF) veterans, and their dependents including widow;
(vii) Training to promote rural sports, nationally recognized sports, paralympic sports and olympic sports
(viii) Contribution to the prime minister’s national relief fund 8[or Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund)] or any other fund set up by the central govt. for socio economic development and relief and welfare of the schedule caste, tribes, other backward classes, minorities and women;
(ix) (a) Contribution to incubators or research and development projects in the field of science, technology, engineering and medicine, funded by the Central Government or State Government or Public Sector Undertaking or any agency of the Central Government or State Government; and
(ix) (b) Contributions to public funded Universities; Indian Institute of Technology (IITs); National Laboratories and autonomous bodies established under Department of Atomic Energy (DAE); Department of Biotechnology (DBT); Department of Science and Technology (DST); Department of Pharmaceuticals; Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy (AYUSH); Ministry of Electronics and Information Technology and other bodies, namely Defense Research and Development Organization (DRDO); Indian Council of Agricultural Research (ICAR); Indian Council of Medical Research (ICMR) and Council of Scientific and Industrial Research (CSIR), engaged in conducting research in science, technology, engineering and medicine aimed at promoting Sustainable Development Goals (SDGs)
(x) Rural development projects
(xi) Slum area development.
Explanation.- For the purposes of this item, the term `slum area’ shall mean any area declared as such by the Central Government or any State Government or any other competent authority under any law for the time being in force.
(xii) Disaster management, including relief, rehabilitation and reconstruction activities.
Following activities shall be excluded from the CSR expenditure of AIIL:
i) Activities which are exclusively for the benefit of employees of the company or their family members;
ii) Activities undertaken in pursuance of normal course of business of the Company;
iii) Direct or indirect contribution to political parties;
iv) Expenditure on item/s not in conformity with Schedule VII of the Companies Act 2013;
v) Surplus arising out of CSR projects shall not form part of the business profits of Company instead the same will be further used for CSR purposes only.
- Geographies and beneficiaries
AIIL will give preference to the local areas around its operations for spending the amount earmarked for CSR activities. AIIL’s operations are mainly concentrated in the following areas:
a) State of Gujarat
b) State of Haryana
c) State of Karnataka
d) State of Rajasthan
e) State of Telangana
f) State of Tamil Nadu
g) AIIL may undertake CSR activities in any other area in India as may be decided, from time to time
The beneficiaries of AIIL’s CSR programs may be the following categories of people:
a) Children / students
c) Weaker sections of the society
d) Others – society at large
- Implementation mechanism
The company may conduct / implement CSR programs by itself and/or through registered trusts, societies and / or Section 8 (previously section 25) companies with an established track record of at least three years in carrying on activities in the related area/s or as suggested by Ministry of Corporate Affairs vide circulars/notifications.
The company may collaborate or pool resources with other companies to undertake CSR activities and any expenditure incurred on such collaborative efforts would qualify for computing the CSR spending.
The progress will be reported to the CSR Committee during the committee meetings. The progress on CSR programs undertaken by the Company will be reported in the Annual Report in the format prescribed by the CSR Rules 2014.
- Monitoring of CSR programs
The AIIL CSR team shall be responsible for day to day management of CSR related activities of the company. The team shall periodically report to the CSR committee regarding the financial and programmatic progress of CSR projects.
All projects undertaken by AIIL shall be monitored on a regular basis. On-site monitoring would also be undertaken at least once a year to ensure on-track implementation.
The CSR team shall be empowered to appoint an external third party to monitor / review / audit the progress (financial and programmatic) of the CSR projects.
- Effective Date
The CSR Policy shall be effective from the date of its approval by the Board of Directors. Provided, however, that all the acts done in pursuance of the earlier CSR Policy shall stand ratified and covered under this policy.
- Amendments to the CSR Policy
CSR Policy may be updated to align it with the changing requirement or changes in the legal and regulatory framework. Any revision in the Policy shall be approved by the Board of Directors.
CSR POLICY APPROVED ON BEHALF OF BOARD OF DIRECTORS ON THIS 10TH DAY OF FEBRUARY, 2022 AT AHMEDABAD