As per the Companies Act, 2013 constitution of a Corporate Social Responsibility Committee of the Board and formulation of a Corporate Social Responsibility Policy is mandatory.
Ramdev Food Products Pvt. Ltd. is committed to utilize its Human and Financial Resources for the benefit of needy people as mandated by Companies Act, 2013 and rules made there under. Ramdev Food Products Pvt. Ltd. believes that by taking up appropriate activities and projects, and carefully targeting beneficiaries, it can help in raising human development index as well as transform the lives of the beneficiary for better living on sustainable basis.
Ramdev Food Products Pvt. Ltd. is conscious of its obligations as a responsible corporate entity to promote social harmony, increasing opportunities for socially and economically disadvantageous sections of the society. Ramdev Food Products Pvt. Ltd. will endeavor to carry out various activities which have been stated in Schedule VII of the Companies Act, 2013 and rules made there under.”
The Company firmly believes that CSR is primarily, the responsibility of the Company in relation to the impact of its decisions and activities on the society and also the Environment, through a transparent and ethical behavior which is:
(a) Consistent with sustainable development and welfare of Society,
(b) Takes into account the expectations of stakeholders,
(c) Is in compliance with applicable law
In this Policy, unless the context otherwise requires:
While the Company is eligible to undertake any suitable/ rightful activity as specified in Schedule VII of the Act, however, at present, it proposes to undertake the relevant activities on priority basis in the following three Thrust Areas:
The Company shall implement the identified CSR Projects by the following means:
Monitoring process for CSR Projects shall include the following:
Board of Directors
The Board shall include in its Report the annual report on CSR Projects as per the format provided in the Annexure to the Rules.