Advancement of Public Charitable objects and trusts and fulfillment of its Corporate Social Responsibility obligation laid down under the Companies Act, 2013.
The Company has identified few focus areas of engagement which are as under: 1. Benefits to the under privileged
2. Education 3. Sanitation 4. Healthcare
5. Preservation of environment including watersheds, forests and wildlife.
4. Various activities under taken by the company.
I) Village Health Improvement Mission :This Mission which began in the year 2010-11 on a modest scale has now gained appreciable momentum over the past five years.
The health centre’s base camp at Dhadgaon, District - Nandurbar (Maharashtra State) along with it’s mobile unit provides medical facilities to the people of 28 villages. The number of beneficiaries has steadily risen to a present figure of around 25000 persons, primarily hailing from these villages.
The mobile service was rendered to 5055 patients reflecting an increase of 19% over the previous year. This included medical checkups, first aid, medication, vaccination etc. besides helping patients for hospitalization at town and district levels.
The other synchronous activities like Health checkups and a health awareness programs at “Ashramshalas” and “Aaganwadis” were also conducted. The total nos of male & female students who participated in these programs was 1611 as compared to 1319 in previous year, an increase of 22% over the last year.
The Company will continue to bolster this program aggressively during next financial year as well.
1) Social awareness initiatives - The focus and emphasis was given on creating awareness for “Addiction & Superstition free” society. Apart from regular camps such camps were also held during annual “Yatra Mohotsav” where large number of people gathers for celebration.
2) Village sanitation program at village Gadegaon - Four Ladies toilet blocks built at village Gadegaon in Jamner Taluka are being used extensively by the villagers. The Company has succeeded in establishing a mechanism by virtue of which Grampanchayat of Gadegaon is taking sole responsibility for the maintenance, operation and cleanliness of the facility. The periodic checks of the toilet blocks are carried out by the Company and independent agencies for auditing and ensuring it’s upkeep and desired utility. This has resulted in Zero open defecation in the village.
3) Future Plan - The Company is exploring the possibility for the following initiatives at Nandurbar District (M.S.) a) Setting up of an Agri Equipment Bank - The agricultural equipment for ploughing, de-weeding, pesticide spraying
etc. can be made available to the needy and poor farmers at a very nominal charges. b) Facility for Soil testing.
c) A demonstration unit to showcase - Composting, Vermi-composting techniques.
d) In the next financial year, company proposes to undertake rural sanitation program in selected villages of Tal - Jamner, Dist.- Jalgaon in association with the State Government, local bodies & public for which discussions are on.
4) Other Activities -
Company continues to provide safe drinking water to Gadegaon Village through its own pipe line.
Company actively participated in organizing awareness program throughout the year in areas of Health, Safety, Environment, disaster management, water conservation, forestation etc. Such camps were held at the villages in the neighborhood of Gadegaon.
Company’s ambulance facility is made available to villagers in case of emergency.
II) Energy Conservation -
a) Participated in” Vasundhara award” instituted by Government of Maharashtra Pollution Control Board (MPCB) for the year 2015.
b) The Gadegaon factory complex is a “Zero-Effluent & Zero- Sewage Discharge” campus. All the Sewage/effluent water is treated & reused for landscape & Gardening purpose.
III) Grant/ contribution for Educational and Healthcare facilities
The Company generously contribute towards various philanthropic activities particularly for education grant to students in need and to various Institutions / Trusts carrying out exemplary work in the field of education, healthcare and benefits of underprivileged in rural India.
5. Average Net Profit of the company for last 3 financial years:-
R 394.08 crores6. Prescribed CSR expenditure:
R 7.88 crores (2% of the average net profit of last three financial years)
7. Manner in which amount spent in the financial year:-
During the previous year, Company has spent a sum of R 3.69 crores including donations to several registered trusts apart from direct spending and providing company’s goods at special prices to Philanthropic NGOs and Trusts. These Trusts are providing education, vocational training at a very low cost and grants for medical help & education.
Company has initiated a project to improve Sanitation facilities in Jaswantgarh village in Rajasthan. Plan to have toilet block in each of the village house is underway. A sum of rupees 42.91 lacs have been spent till 30th June, 2015 out of the planned expenditure of about R 100 lacs. Further Company wants to undertake programs for the improvement of educational & sanitation facilities in village schools near to its plant at Durgapur, Puducherry and Malanpur apart from Gadegaon. Company remains committed to contribute for various philanthropic causes particularly in the field of education, healthcare and benefits of underprivileged.
The Company has set up a trust namely “Supreme Foundation” during the year. Supreme shall be contributing to the corpus of Supreme Foundation who would initiate various projects under its CSR programme. Your Company has taken steps in the right direction and going forward is committed to fulfill its Corporate Social Responsibility.
The Company would also undertake other need based initiatives in compliance with Schedule VII to the Act.
As a responsible Corporate Citizen, the company has evolved a CSR policy and is pursuing the CSR activities in letter and spirit. For and on behalf of the Board of Directors