CSR Policy

Corporate Social Responsibility Policy

Aparajitha Corporate Services Limited’s (“Aparajitha”) philosophy is to be a professional organization and we aim to be one of the most respected companies, delivering superior and sustainable value with a commitment to its stakeholders to conduct business in an economically, socially and environmentally sustainable manner that is transparent and ethical.
Aparajitha is committed to undertake Corporate Social Responsibility (“CSR”) activities in accordance with the provisions of Section 135 of the Companies Act, 2013 and related Rules. Aparajitha believes that corporate development has to be inclusive and every corporate has to be responsible for the development of a just and humane society that can build a national enterprise. Aparajitha commits itself to contribute to the society in ways possible for the organization and has set up Aparajitha Foundations, its core CSR team, as a means for fulfilling this commitment.
The objective of the CSR Policy (“Policy”) is to lay down the guiding principles in undertaking various programs and projects by or on behalf of the company relating to Corporate Social Responsibility (“CSR”) within the meaning of section 135 of the Companies Act, 2013 read with Schedule VII of the Act and the CSR Policy Rules 2014(“Rules”).
This policy shall be applicable to Aparajitha and shall be effective from 1st July 2014
CSR Activities-Projects
  • Promotion of Education: including life skill education and employment enhancing vocation skills especially among adolescent school and college students.
  • Environment: ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agroforestry, conservation of natural resources and maintaining of quality of soil, air and water.
  • Sports: Training to promote rural sports, nationally recognized sports, para-olympic sports and Olympic sports.
  • Eradicating extreme hunger and poverty and malnutrition, promoting preventive healthcare and sanitation and making available safe drinking water;
Committee Composition
The CSR Committee means the Committee of the Board constituted in terms of Section 135 of the Companies Act, 2013 read with Rule 5 of the rules. The CSR Committee shall be composed of at least three (3) Directors. The CSR Committee shall include one (1) Independent Director effectively within the time period prescribed under law. Members of the CSR Committee may be replaced by any other member of the Board.
Committee Members
Names Role in Committee
Mr. Bharath Krishna Sankar
Mr. Krishnan Nagaraj
Mr. S Venkatesh Kumar
Compliance Officer
Committee Meetings
The Committee will meet at least twice in a year to discuss and review CSR activities and Policy. A quorum of two members is required to be present for the proceedings to take place. Such other meetings of the Committee can be convened as and when deemed appropriate. The Committee members may attend the meeting physically or via such audio¬ visual means as permitted under the Act. The Committee shall have the authority to call such employee(s), senior official(s) and or externals, as it deems fit. The Compliance Officer shall act as Secretary to the Committee.
Duties & Responsibilities of CSR Committee

(a) the list of CSR projects or programmes that are approved to be undertaken in areas or subjects specified in Schedule VII of the Act;

(b) the manner of execution of such projects or programmes as specified in sub-rule (1) of rule 4;

(c) the modalities of utilisation of funds and implementation schedules for the projects or programmes;

(d) monitoring and reporting mechanism for the projects or programmes; and

(e) details of need and impact assessment, if any, for the projects undertaken by the company:

Responsibility of the Board
  • Directors’ Report for FY 2013-14 onwards to include:
  • Contents of the CSR Policy and Composition of the CSR committee;
  • An annual report on the CSR in the prescribed format;
  • Reasons for failure (if any) to spend required amount on CSR activities.
CSR Expenditure
  • Profits arising from any overseas branch or branches of Aparajitha (whether operated as a separate company or otherwise); or
  • Dividend received from other companies in India.
Implementing CSR Activities
  • Projects or activities not falling within Schedule VII (Appendix 1);
  • Activities undertaken in pursuance of normal course of business;
  • Projects or programs or activities that benefit only the employees of Aparajitha and their families.
  • Direct or indirect contribution to any political party.
CSR Activities in Partnership
The company may undertake programs in collaboration with other companies only in cases where such programs are separately reportable in the CSR report of participating companies.
CSR Reporting
The Board in its Annual Report shall include the details of the CSR activities undertaken in the Financial Year. The particulars to be stated in the report shall be in the prescribed format.
The CSR Committee shall provide a responsibility statement on the implementation and monitoring of the CSR Policy and that it is in compliance with CSR objectives of Aparajitha, which statement shall form part of the Boards’ Report.
In case the company fails to spend 2% 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.
Review and Audit
The CSR committee shall be apprised on the implementation of the CSR activities and the progress shall be monitored on a quarterly basis.
Aparajitha shall through its internal controls, monitor and evaluate system implementation, assess, document and report the impact of its CSR activities/projects.
Records relating to the CSR activities and the CSR Expenditure shall be meticulously maintained. The Records shall be submitted for reporting and audit.
The financial audits of the implementing agencies shall also be done through periodic audits. In this regard, Aparajitha may appoint independent external consultants for carrying out such audits.
Amendment of Policy
The CSR policy of the company may be amended at any time by the board of the company on the recommendation of the CSR committee.
Policy Review
This policy will be reviewed annually; however, management reserves the right to revise the policy as and when required, with or without notice.
Policy Applicability
S. No. Legal Entities
Aparajitha Corporate Services (P) Limited
Appendix - 1

CSR Activities Listed in Schedule VII of the Companies Act, 2013

CSR shall focus on social, economic and environmental impact rather than mere output and outcome. Activities which are ad hoc and philanthropic in nature shall be avoided. Various activities that can be undertaken in general under CSR are outlined below:

Appendix - 2

Aparajitha Foundations Existing Projects

Following projects are the existing and current CSR activities being handled through Aparajitha Foundations:

By implementing projects named ThalirThiranThittam (TTT) and Tim Tim Tare in Tamil Nadu and Gujarat respectively, AF has been involved in providing Life skills education for adolescent children in the age group of 13 – 17(Std 7 – 12) in Government as well as Government aided schools in Tamil Nadu and Gujarat through an MOU signed with the respective State Government.
Aparajitha believes in working in areas that can create long-term impact on the society. Therefore focusing on ‘projects in life education’, have been chosen considering the impact they have in creating more empowering opportunities, building a better society, and nation building at large.
b.Project Green: For a cleaner, greener tomorrow
Project green will focus on adopting environment friendly measures and initiatives in every activity and process at Aparajitha.
c.Anganwadi Center
Anganwadi Centers have been started by the Indian government in 1975 as part of the Integrated Child Development Services program to combat child hunger and malnutrition. Aparajitha has sponsored the construction of five Anganwadi centers with the help of Government of Tamil Nadu in Kilaneri, Thenpalanzhi, Thanakkankulam, Silaiman & Valayankulam, Thiruparankundrum Taluk in Madurai District, Tamil Nadu.
Document Revision History
Version Number Effective Date Change / Review Description Author Reviewer Approver
Shimmy Saiesh - CHR
Shobana R - CPO
Policy Redrafted
Shimmy Saiesh - CHR
Shobana R - CPO
Committee Member list Updated
Shimmy Saiesh - CHR
Ganesh VS - BHR
Policy amended as per Rule 5(2) of the CSR Rules.
Shimmy Saiesh, AGM- HR Initiatives
Aparajitha Foundations, the not for profit wing of Aparajitha Corporate Services Limited, has pioneered in Life Skills Education to adolescent children. ThalirThiranThittam (TTT) is a unique program designed by Aparajitha Foundations to impart Life Skills that would bring about A Transformational Change through awareness amongst the children between the age group of 12 and 17.