CSR Initiatives

CORPORATE SOCIAL RESPONSIBILITIES

The Company has always been committed to the cause of social service and has repeatedly channelized a part of its resources and activities, such that it positively affects the society socially, ethically and also environmentally and has taken up various Corporate Social Responsibility ("CSR") initiatives and enhanced value in society.

The advent of the Companies Act, 2013 has mandated the constitution of the CSR Committee and formulation of a CSR Policy. Therefore, the Company has formulated a robust CSR Policy that encompasses its philosophy and guides its sustained efforts for undertaking and supporting socially useful programs for the welfare and sustainable development of the society.

CSR POLICY OF THE COMPANY

COMPOSITION OF CSR COMMITTEE:

ANNUAL ACTION PLAN

FY 2023-24

Note:

• In terms of the provisions of Section 135 of the Companies Act, 2013 and rules made thereunder, the Company is mandatorily required to spend an amountof ͅ₹25.55 lakhs towards CSR activities in the year 2023-2024. Although the Board of Directors of the Company have approved an amount of ₹26.00 lakhs to be spent on CSR activities during year 2023-24, in case the Company does not spend the excess amount i.e. ₹0.45 lakhs, the same would not be considered as unspent amount.
  
  However, in case the Company spends the entire amount of ₹26.00 lakhs towards CSR activities during year 2023-24, the excess amount i.e. ₹0.45 lakhs would be available for set-off in the next 3 years.
• The allocated budgets for each of the projects are tentative based on the projections, the actual spending may vary and will be subject to the approval of the Board.
• The Board may alter the aforesaid plan at any time during the year, as per the recommendation of its CSR Committee, based on the reasonable justification to that effect.

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DETAILS OF CSR ACTIVITIES




FY 2022-23:




Schedule Head	Particulars	Budget Allocated (Rs. in lakhs)	Amount Spent (Rs. in lakhs)	Pending Amount (Rs. in lakhs)	Status
Rural Development	Construction of multifarious skill development centre in Kazipally area.	39.00	23.73	15.27	Ongoing project
Health care	Infrastructure and logistic support to the Public Healthcare Centre building in Kazipally village.	5.50	3.50	2.00	Ongoing project
Promoting Rural sports	Development of sports infrastructure under the “VidhyaVikasa program” in Siddipet Area	2.00	2.00	-	Completed
Total		46.50	29.23	17.27




Note:

• The unspent amount for the year 2022-23 (i.e. Rs.17.27 lakhs) was transferred on 26th April, 2023 to unspent CSR account maintained with RBL Bank.

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FY 2021-22:




Schedule Head	Particulars	Budget Allocated (Rs. in lakhs)	Amount Spent (Rs. in lakhs)	Pending Amount (Rs. in lakhs)	Status
Disaster Management	Setting up of conversation of PSA Nitrogen plant to PSA Oxygen Plant in Gandhi hospital, Hyderabad, to cater Covid crisis	16.60	16.60	-	Completed
Health care	Construction of Public Healthcare Centre (PHC) building in Kazipally village	20.50	20.50	-	Completed
Total		37.10	37.10	-




Note:

• The unspent amount for the year 2021-22 (i.e. ₹15.50 lakhs) was transferred on31stMarch, 2022 to unspent CSR account maintained with RBL Bank.
• Aforesaid amount has been fully utilized on "Ongoing Project" for the year 2021-22and accordingly the unspent CSR account for the year 2021-22 has been closed on6thJuly, 2023 as approved by the Board in the meeting held on 29thMay, 2023.

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FY 2020-21:




Schedule Head	Particulars	Amount Spent (Rs. in lakhs)
Promoting education	Construction of school building in TNSZP High School, Elamanchili village, East Godavari, AP	0.55
Disaster Management	Distribution of food during covid19 pandemic in Kazipally and Jeedimetla area of Hyderabad	0.90
	Spreading awareness of covid19 pandemic	0.25
Rural Development	Construction of public road in Kazipally industrial area for the common beneficiary.	24.99
Environmental sustainability	Supply of Tree guards at Kazipally area	0.76
Sanitation	Garbage collecting e-vehicle in Elamanchili village and Utada village, East Godavari Dist., AP	1.29
	Construction of toilets in Veterinary Hospital, Elamanchili village, East Godavari, AP	0.97
Total CSR Spent		29.73




FY 2019-20:




Schedule Head	Particulars	Amount Spent (Rs. in lakhs)
Promoting education	Construction of Anganwadi School building, Kazipally.	2.00
	Renovation of TNSZP High School, Elamanchili village	3.00
Promoting & Sanitation	Construction of public toilets at Elamanchili village	1.70
	Repair of e-cart waste collecting vehicle	1.30
Health-care	Distribution of Dustbins.	0.84
Total		8.84




FY 2018-19:




Schedule Head	Particulars	Amount Spent (Rs. in lakhs)
Promoting education	Construction of Anganwadi School building, Kazipally.	14.82
	Support to Udbhav School for the education of girl child	0.50
Upliftment of weaker section	Contribution for the welfare of the weaker section	2.00
Total		17.32




CSR GALLERY




Inauguration of Public Healthcare Centre (PHC) building in Kazipally village

Inauguration of Public Healthcare Centre (PHC) building in Kazipally village

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Installed Oxygen Plant in Gandhi Hospital during the covid crisis.

Laying of foundation of KazipallyHospital.