mtv

CORPORATE SOCIAL REPORTING (CSR)

The company since its inception has seen responsible to the society and has pioneered in undertaking activities which promote various social and charitable objectives. Company has also, over the years, undertaken various social and charitable activities directly and through NGOs.  Pursuant to clause (o) of sub-section (3) of section 134 of the Act and Rule 9 of the Companies (Corporate Social Responsibility) Rules, 2014] Company has formulated the policy to continue the CSR activity in a structured way under the following broad categories.

  1. Eradicating poverty
  2. Promoting education
  3. Promoting gender equality and reducing inequalities faced by socially and economically backward groups
  4. Ensuring environmental sustainability
  5. Employment enhancing vocational skills;
  6. Promoting Social business projects
  7. Contribution to the Prime Minister’s National Relief Fund or any other fund setup by the Central Government or the State Governments for socio-economic development and relief and funds for the welfare of the Scheduled Castes, the Scheduled Tribes, other backward classes, minorities and women; and such other matters as may be prescribed.

The company in its meeting of Board of Director dated 20th May,2014 for the first time constituted a CSR committee consisting of following Directors.

  • Mr. John K Paul, Managing Director
  • Mr. Francis K Paul, Whole Time Director
  • Mr. M.A.Sajjan, Director

During the Year CSR committee has focused its activities majorly on enhancing vocational skills among youth.  Activity was carried out through KIHRD a registered trust engaged in conducting  educational programs and training vocational skills, recognized by various universities and Department of Technical Education, Govt. Of india.,  to deserving candidates of various segments of society.

Committee has also extended its support to the society by facilitating and promoting the inborn entrepreneurial ability and skills among the underprivileged in the society, especially focusing on women. Provided financial assistance to enhance the current social status of women, increase women’s family household income and improve quality of life.  This was executed through “K.P.Paul Foundation” in association with “Rajagiri Out reach” an NGO well recognized  for its CSR activities by various local and international bodies.

Amount Qualified and Spend for CSR Activity

SL no.ParticularsAmount
1Average Net profit of last 3 yearsRs 449 lacs
2Qualifying amount @ 2% of item 1 aboveRs 9 lacs
3Amount spent during the FY 2014-15Rs 10,50,000/-
Spend Through KIHRD for Promoting EducationRs 4,50,000/-
Spend Through KP Paul Foundation for promoting Gender equalityRs 6,00,000/-

We here by confirm that implementation and monitoring of CSR policy is in compliance with the CSR Objectives and Policy of the company.

 

 

JOHN K PAUL                                                                                               

MANAGING DIRECTOR

 

Menu
1-800 123-8090call toll free