KALIKA STEEL ALLOYS PRIVATE LIMITED CIN - U27000MH2002PTC137689:

ANNUAL REPORT ON CORPORATE SOCIAL RESPONSIBILITY (CSR) ACTIVITIES [Pursuant to clause (o) of sub-section (3) of Section 134 of the Companies Act 2013 and Rule 9 of the Companies (Corporate Social Responsibility) Rules, 2014].

Corporate Social Responsibility

1. A Brief outline of the Company’s CSR policy, including overview of projects or programs proposed to be undertaken :

The Company’s CSR objective is to ensure socio-economic development of the community through different participatory and need based initiatives in the best interest of the poor and deprived sections of the society so as to help them to become SELF-RELIANT and build a better tomorrow for themselves.

CORPORATE SOCIAL RESPONSIBILITY (CSR) COMMITTEE

In compliance with Section 135 of the Companies Act, 2013, the Company has formed the “Corporate Social Responsibility (CSR) Committee”.

Manner in which the amount spent during the financial year 2021-22 is detailed is attached

OUR MISSION

Our Mission is to “To achieve product perfection through process integration be wielding end to end quality control over the raw material and manufacturing processes, to make steel that stand for purity, strength, malleability and the highest quality and provide increased value for the customer at lower cost

Uphold and promote the principles of inclusive growth and equitable development;
Develop Community Development Plans based on needs and priorities of host communities and measure the effectiveness of community development programmes;
Work actively in areas of preventive health and sanitation, education, skills for employability, livelihoods and income generation, waste resource management and water conservation for host communities for enhancing Human Development Index;
Collaborate with likeminded bodies like governments, voluntary organizations and academic institutes in pursuit of our goals;
To develop the required capability and self-reliance among the beneficiaries at the grass root levels, especially among women, in the belief that these are prerequisites for social and economic development;
To engage in affirmative action interventions such as skill building and vocational training, to enhance employability and generate livelihoods for persons from disadvantaged sections of society;
To pursue CSR Programmes primarily in areas that fall within the economic vicinity of the company’s operations to enable close supervision and ensure maximum development impact;
To carry out CSR Programmes in relevant local areas to fulfil commitments arising from requests by government/regulatory authorities and to earmark amounts of money towards “Enterprise Social Responsibility (ESR)” activities and to spend such money through ESR/CSR Cells of such administrative bodies of the government and/or directly by way of developmental works in the local areas around which the company operates;
Interact regularly with stakeholders, review and publicly report our CSR initiatives;

CSR POLICY:

As per the United Nations Industrial Development Organization (UNIDO) the Corporate Social Responsibility (CSR) is a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders. CSR is generally understood as being the way through which, a company achieves a balance of economic, environmental and social imperatives (“Triple-Bottom-Line- Approach”), while at the same time addressing the expectations of shareholders and stakeholders.

2. Terms of Reference

To formulate and recommend to the Board, a CSR Policy and the activities to be undertaken by the Company as per Schedule VII of the Companies Act, 2013.
To recommend amount of expenditure on CSR activities.

COMPOSITION OF CSR COMMITTEE:-

SR.NO

NAME OF MEMBER

DESIGNATION

1 Ghanshyamdas Chunilalji Goyal

The Chairman

2 Anilkumar Nandkishor Goyal

Member

3 Manoj Jaibhagwan Jindal

Member

Average Net Profit of the company for last three financial years:

Rs. 26,84,12,700 (2018-19, 2019-2020 and 2020-2021) before Tax Profit Average of Last Three Years

Our Values:

We Trust, Respect, Protect, Nurture & Encourage all our relations
To continuously learn and innovate
To promote efficiency and effectiveness

We the KALIKA STEELS PRIVATE LIMITED, Jalna, Maharashtra India has decided to reach to the Farmers & Solders, the real builders of the Country and deprived including children, women and other entities of the society through the CSR activities, to make better, happy and prosperous society.

During the process of rolling out the identified projects, there have been extensive stakeholder consultations and leanings. We have planned project based on the need and requirement of the people from the area where the project is going to be implemented.
The major heads of our CSR activities as per the CSR policy are mentioned below:

RURAL DEVEOPMENT & EDUCATION TO FARMERS
DEVELOPEMENT, RENNOVATION OF PUBLIC UTILITIES & IINFRASTRUCTURE
EDUCATION , INNOVATION AMONG STUDENTS
PROMOTING PREVENTIVE HEALTHCARE-HOSPITALS & WELFARE
SOCIAL AWARENESS, SWACHHA BHARAT ABHIYAN, ANIMAL HUSBANDRY,ETC.

The CSR initiatives taken up by the company are in the areas of education, agricultural development, skill development, sanitation and hygiene, social awareness and healthcare, etc. Our aim is to be one of the most respected companies in India delivering superior and sustainable value to all our customers, business partners, shareholders, employees and host communities and all other stakeholders of your Company.

The CSR initiatives focus on enhancing environmental and natural capital, supporting rural development, promoting education, providing preventive healthcare, providing sanitation and drinking water, creating livelihoods for people, especially those from disadvantaged sections of society, in rural and urban India, preserving and promoting sports for holistic development of host communities and create social, environmental and economic value to the society at large.

4. Prescribed CSR expenditure (2% of the amount as in item 3 above): Rs. 53,68,254/-

5. Details of CSR spent during the financial year:

a. Total amount to be spent for the financial year : Rs. 53,68,254/-

b. Amount unspent, if any : Rs. NIL/-

PARTICULAR

AMOUNT RS

OPenining Balance (A)*

0 Provisions CSR Account for current year (B)

53,68,254

Provisions CSR Account for current year (B)

53,68,254

Total CSR Fund (A+B)

53,68,254

Expended through CSR Account for current Year (C)

1.33.49.800 Previous Years Un-spend amount (D)

17,28,870

Balance to be required for CSR (A+B-C+D)*

62,52,676

*Note: – Amount of excess expenditure made during the previous year is carried forward and adjusted with the current expenditure as per the provisions of Sec 135(5) of the companies Act, 2013.

contact

KALIKA STEEL ALLOYS PRIVATE LIMITED CIN - U27000MH2002PTC137689:

Corporate Social Responsibility

1. A Brief outline of the Company’s CSR policy, including overview of projects or programs proposed to be undertaken :

CORPORATE SOCIAL RESPONSIBILITY (CSR) COMMITTEE

OUR MISSION

CSR POLICY:

2. Terms of Reference

COMPOSITION OF CSR COMMITTEE:-

SR.NO

NAME OF MEMBER

DESIGNATION

1

Ghanshyamdas Chunilalji Goyal

The Chairman

2

Anilkumar Nandkishor Goyal

Member

3

Manoj Jaibhagwan Jindal

Member

Our Values:

4. Prescribed CSR expenditure (2% of the amount as in item 3 above): Rs. 53,68,254/-

5. Details of CSR spent during the financial year:

PARTICULAR

AMOUNT RS

OPenining Balance (A)*

0

Provisions CSR Account for current year (B)

53,68,254

Provisions CSR Account for current year (B)

53,68,254

Total CSR Fund (A+B)

53,68,254

Expended through CSR Account for current Year (C)

1.33.49.800

Previous Years Un-spend amount (D)

17,28,870

Balance to be required for CSR (A+B-C+D)*

62,52,676

CONTACT

Source Approval

Steel empowers imagination.

Steel empowers imagination.

Steel empowers
imagination.