A. CSR Policy Philosophy

ARG GROUP not only makes the dreams comes true for 3 basic needs of the human being i.e. 'Roti' 'Kapda' Aur 'Makan' but also equally look for their social responsibility. Nuclear family is major concern now a day. The only son or daughter may not accompany his/her parents at the time when they really need him. There may be several reasons for the same. Jobs or business need may be some of them. Parents may or may not live with their kids due to their own reasons. Transfer in jobs or the working place of their kids may not confine themselves comfortable to live with.

As a responsible corporate citizen, we contribute for social, educational and environmental causes on a regular basis.

We firmly believe that an organization must maintain highest standards of corporate behavior towards its investors, stakeholders, employees and societies in which it operates. Constitution of a Corporate Social Responsibility Committee and formulation of a Corporate Social Responsibility Policy has become mandatory under the new Companies Act, 2013. Accordingly, the Company has formulated its’ CSR Policy which guides its sustained efforts for carrying and supporting socially useful programs.

B. CSR Vision

Aiming towards better education for all at large without any reservations and better quality living for all by improving sanitation, health care and cleaned environment are the Visions of the Company.

C. Constitution of CSR Committee

In terms of section 135 of the Companies Act, 2013 and the Rules made there under, Board of Directors of the Company at its meeting held on 14th May, 2014 has constituted a CSR Committee with the following members;

  Name Status Designation
1 Shri Atma Ram Gupta Director Chairman
2 Smt. Shashi Gupta Director Member

The CSR Committee to, inter alia, carry out the following functions;

a. To formulate and recommend to the Board, a Corporate Social Responsibility Policy which shall indicate the activities to be undertaken by the Company as specified in Schedule VII of the Companies Act, 2013 and the rules made there under.

b. To recommend the amount of expenditure to be incurred on the CSR activities.

c. To monitor the implementation of activities to be undertaken under the CSR Policy.

d. To carry out any other function as mandated by the Board from time to time and / or enforced by any statutory notification, amendment or modification, as may be applicable, necessary or appropriate for performance of its obligations.

E. Thrust Areas

While we strive to undertake all or any suitable activity as specified in Schedule VII to the Act, currently, we focus to support and implement the following activities as our thrust areas;

  1. Eradicating hunger, poverty and malnutrition
    • Provision of food, nutrition supplement, clothes, practical training for some activities to enable them self dependent etc for the poor, children and other deprived sections of the society.
    • Promoting sanitation and better living and providing safe drinking water.
  2. Promoting Health care including Preventive Health care through awareness programmers, health check-ups, provision of medicine & treatment facilities ,
  3. Ensuring environmental sustainability and ecological balance through :
    • Plantation drives in schools, villages, offices/business premises and other areas in general;
  4. Promotion of education especially among children:
    • Supporting schools with infrastructure like benches, toilets, potable water, fans etc.
    • Supporting other educational institutions.
    • Supporting poor class people towards education expenses for their children.

G. MONITORING MECHANISM

The CSR Officer of the Company will coordinate / review the implementation of CSR activities at various areas and report to the Board through the CSR Committee. The CSR Committee shall meet at least once in a year to monitor the implementation of CSR Plan and its activities. The Committee shall ensure that the CSR Policy, as amended from time to time, is displayed on the company’s website.

The CSR Committee shall place before the Board, a draft annual report on CSR activities as per the specified format, in a board meeting to be held in April / May of the following year for Board’s review and finalization. The Board shall include in its report to the shareholders, the annual report on CSR activities as per the format specified under the Rules.

The Company Secretary of the Company shall assist the CSR Committee and the Board for performing their respective duties under the CSR Policy, any changes by the Government in the regulations governing the CSR activities.