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].
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.
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 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
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.
Rs. 26,84,12,700 (2018-19, 2019-2020 and 2020-2021) before Tax Profit Average of Last Three Years
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:
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.
a. Total amount to be spent for the financial year : Rs. 53,68,254/-
b. Amount unspent, if any : Rs. NIL/-
*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.
Kalika Steel is the most preferred TMT bar
manufacturer in Maharashtra.
Kalika Steel is the most preferred TMT bar manufacturer in Maharashtra.