THE PEERLESS GENERAL FINANCE & INVESTMENT COMPANY LIMITED

Transcription

1 Annexure 'C' FORMAT FOR THE ANNUAL REPORT ON CSR ACTIVITIES TO BE INCLUDED IN THE BOARD S REPORT 1. A brief outline of the company s CSR policy, including overview of projects or programs proposed to be undertaken and a reference to the web-link to the CSR policy and projects or programs. Peerless' Corporate Social Responsibility Philosophy Peerless, in its 80 long years of glorious existence, has been committed to the philosophy of Bahujana Hitaya, Bahujana Sukhayacha ( Wellfare for Many and Happiness for Many ). As a natural consequence, the best interests of all our stakeholders and compassion for the community at large, particularly the underprivileged segment, are the cornerstones of Peerless Corporate Social Responsibility ( CSR ) Policy. Peerless has always cared for the deprived segments of our society and extended generous help towards their upliftment. Management s vision The Board of ors and the Management of the Peerless Group are committed to assisting the underprivileged and needy sections of society and to help building a sustainable way of living for them. Areas covering Peerless CSR Initiatives Based on Peerless philosophy and past practices, the Company adopted a comprehensive CSR Policy in strict compliance with the contents and spirit of VII of the Companies Act, Within the policy parameters, we have been actively supporting and al projects across the country. Website of the Company : 2. The Composition of the CSR Committee. Consequent upon the demise of Mr. Pranab Kumar Choudhury, Independent or and Chairman of the Committee on , Mr. Deepak Mukerjee, Independent or and Member of the Committee was elected Chairman of the Committee. The Committee consists of a Non-executive or, namely, Mr. Deepak Mukerjee, (Independent or) as Chairman and, two Executive ors, namely Mr. S. K. Roy, Managing or and Mr. B. Lahiri, Deputy Managing or, as members. 3. Average net profit of the company for last three financial years Rs million 4. Prescribed CSR Expenditure (two per cent of the amount as in item 3 above) Rs. 2,96,40,000/- 5. Details of CSR spent during the financial year : (a) Total amount to be spent for the financial year - Rs. 2,96,40,000/- (b) Amount unspent, if any NIL 32

2 (c) Manner in which the amount spent during the financial year is detailed below : Sl. CSR Sector in Projects or Amount Amount spent Cumulative Amount No. project or which the Programmes outlay on the projects spent : activity Project is (1) Local area (budget) or programs upto the or identified covered or other project or Sub-heads: reporting through (2) Specify the programs 1. period implemen- State and wise ting agency district (Rs.) on projects (Rs.) where or programs projects or 2. Overheads programs was undertaken 1 Financial Vocational Training Centre for Blind Boys, Skill Development, Narendrapur, 7,20,000/- 7,20,000/- Blind Boy s Academy, Narendrapur, 2 Financial renovation of building for Day care and free coaching centre, Baranagar, 35,00,000/- 35,00,000/- Sarada Siksha Mandir, West Bengal 3 Financial School & Hostels for orphan boys and girls & Dakshineshwar, North 24 Dakshineshwar Ramkirshna Adyapeath. 4 Financial Karnataka, Bengaluru 5 Financial Minjur, Chennai 33

3 6 Financial Kanyakumari 7 Financial Rajasthan, Puskar, Ajmer 8 Financial Rameswaram 9 Financial Kerala, Trivandrum 10 Financial Uttar Pradesh, 90,000/- 90,000/- 11 Financial construction of a hospital, Kakdwip, 33,62,208/- 33,62,208/- Kakdwip. 12 Financial free coaching centre and free distribution of books, dresses etc, Chengalpattu, Kanchipuram 2,27,960/- 2,27,960/-, Chengalpattu, Tamil Nadu 13 Financial educational help to poor in remote, rural areas, providing free learning materials, 3,28,094/- 3,28,094/- Dibyayan Yoga Research Centre,. 34

4 14 Financial, 4,20,000/- 4,20,000/- Maa Karunamoyee Trust,. 15 Financial and mobile medical unit, Mayal Bandipur, Hooghly 6,56,000/- 6,56,000/- Math, Mayal Bandipur, Ichapur, Hooghly. 16 Financial free education centre Odisha, Kothar, Bhadrak 5,07,200/- 5,07,200/- Ashrama, Kothar Odisha 17 Financial free computer training centre for poor Odisha, Kothar, Bhadrak Ashrama, Kothar Odisha 18 Financial hostel for poor, Suri, Birbhum Suri 19 Financial free milk distribution to poor children. Eradication of Hunger, Poverty, Malnutrition,, Rajarhat, North 24 1,85,000/- 1,85,000/- Math, Rajarhat 20 Financial organizing medical and dental camps, Shihore, Bankura 30,000/- 30,000/- Sri Sarada Math, Shihore 35

5 21 Financial purchase of mammography and ultrasonography machines for free cancer detection of poor patients., 1,34,94,000/- 1,34,94,000/- BK Roy Foundation,. 22 Financial providing scholarships to poor and meritorious for higher studies, Baranagar, 13,92,000/- 13,92,000/- Math, Baranagar 23 Financial, Naora, 3,86,000/- 3,86,000/- Math, Naora, Bhangar 24 Financial home for orphan girls, some with disabilities, New Alipore, 5,82,000/- 5,82,000/- Childlife Preserve, Shishur Sevay, 25 Financial education and training of poor street girl children,, Dumdum, Niharkana Rehabilitation Centre, Dum Dum 26 Financial, Ganga Sagar, 40,000/- 40,000/- Gangasagar. 27 Financial providing scholarships to poor and meritorious,, 4,20,000/- 4,20,000/-, Swami Vivekananda s Ancestral House & Cultural Centre. West Bengal 36

6 28 Financial free distribution of clothes/ blankets to poor people Eradication of Poverty, Dakshineswar North 24 3,00,000/- 3,00,000/- Dakshineswar Adyapeath 29 Financial providing scholarships to poor and meritorious,, Ramharipur, Bankura 50,000/- 50,000/- Ashrama, Ramharipur, 30 Financial purchase of ECG machine, computer and printer for,, 1,28,000/- 1,28,000/- Maa Karunamoyee Trust,, 31 Financial installation of elevator for the researchers, scholars coming to the library, Bagbazar, 7,50,000/- 7,50,000/- Gaudiya, Bagbazar, 32 Financial purchase of one ventilator, two multipara patient monitors, two syringe pumps, one biphasic defibrillator for setting up a twobedded intensive therapy unit,, Shantiniketan, Birbhum 12,99,818/- 12,99,818/- BK Roy Foundation, 37

7 CSR Projects Approved during the FY and amount partly disbursed and balance disbursement made in FY Sl. CSR Sector in Projects or Amount Amount spent Cumulative Amount No. project or which the Programmes outlay on the projects spent : activity Project is (1) Local area (budget) or programs upto the or identified covered or other project or Sub-heads: reporting through (2) Specify the programs 1. period implemen- State and wise ting agency district (Rs.) on projects (Rs.) where or programs projects or 2. Overheads programs was undertaken 1 Financial free Major Eye Surgeries Chennai;, 1,00,00,000/- (Balance Rs. 20,00,000/- disbursed in the year ) 1,00,00,000/- Sankara Nethralaya Chennai/ Tamil Nadu / 2 Financial education and training of poor street girl children, Dum Dum, North 24 3, (Balance Rs. 2,40,000/ - disbursed in the year ) 3, Niharkana Rehabilitation Centre, Dum Dum 3 Financial educational help to poor and meritorious, Ramharipur, Bankura 70,000/- (Balance Rs. 10,000/- disbursed in the year ) 70,000/- Ashrama, Ramharipur 4 Financial Gangasagar (Balance Rs. 80,000/- disbursed in the year ) Gangasagar 38

8 6. In case the company has failed to spend the two per cent of the average net profit of the last three financial years or any part thereof, the company shall provide the reasons for not spending the amount in its Board report. -Not Applicable 7. In the opinion of the CSR Committee, the implementation and monitoring of CSR Policy are in compliance with CSR objectives and Policy of the Company. Sd/- (S. K. Roy) Managing or Sd/- (D. Mukerjee) Chairman, CSR Committee 39