Professional Documents
Culture Documents
1. A brief outline of the Companys CSR vocation skills especially among children,
policy, including overview of projects or women, elderly, and the differently abled
programs proposed to be undertaken and and livelihood enhancement projects;
a reference to the web-link to the CSR
policy and projects or programs: 2. Ensuring animal welfare;
d. Nutritious daily meals for Children (a) Total amount to be spent for the financial
Greenply is sponsoring nutritious daily year: `293.03 lacs
meals for Children of Tiljala, Topsia and (b) Amount unspent, if any: `226.33 lacs*
its adjoining areas in Kolkata, who are
taking education and skill development * During the year under review, the Company has
activities through EKTARA, a Kolkata based formed and registered a Trust namely GREENPLY
Charitable Trust. FOUNDATION under the Provisions of Indian
Trusts Act, 1882, to carry out CSR activities of
Web link to the CSR Policy of the Company: the Company. To maintain the integrity of CSR
http://www.greenply.com/images/pdf/ expenditure for the FY 2015-16, the Company has
Corporate_Social_Responsibility_Policy.pdf transferred `2.02 crore to the said Trust. The Trust
will utilise the same for CSR activities approved
2. Composition of the CSR Committee: by the CSR Committee from time to time. Out of
The Greenply CSR committee was formed `2.02 crore, the Trust has made expenditure of
to shape the vision, mission and goal of the `6.51 lacs towards administrative expenses
Companys CSR initiatives. The committee during FY 2015-16. Going forward all CSR
members are: expenditure will be made by the Trust. The
unutilised fund lying with the Trust as on
a. Mr. Rajesh Mittal, Managing Director 31.03.2016 amounting to `195.49 lacs (net of
b. Mr. Vinod Kumar Kothari, Independent liabilities) will be used for CSR activities along
Director with fresh funding, if any, from the Company,
c. Mr. Shobhan Mittal, Joint Managing during FY 2016-17.In view of the time taken
Director & CEO for identifying & setting-up the institutional
d. Mr. Upendra Nath Challu, Independent framework, the Company has unspent amount
Director adding upto `226.33 lacs. Out of the above
`195.49 lacs has directly been disbursed
3. Average net profit of the Company for last by the Company to be spent by GREENPLY
three financial years: `14651.52 lacs FOUNDATION for eligible CSR Projects and
which is expected to be spent during FY 2016-17.
(c) Manner in which the amount spent during the financial year is detailed below:
1 2 3 4 5 6 7 8
S. CSR Project or Activity Sector in which the Projects or Amount outlay Amount spent Cumulative Amount
No identified Project is covered programs (1) (budget) project on the projects expenditure spent:
Local area or program wise or programs upto the Direct or
or other (2) Sub-heads: reporting through
Specify the (1) Direct period i.e. FY implementing
State and expenditure 2015-16 agency
district where on projects or
projects or programs (2)
programs was Overheads
undertaken
1 Supporting of a unique Promoting education, Udayan `13,20,000 for the Direct `2,40,000 Through
academic excellence including special Shalini period 2014-15 to expenditure: Udayan Care,
and personality education and Fellowship 2018-19 `2,40,000 West Bengal
development employment enhancing Programme in
programme for vocation skills especially Kolkata and
deserving and talented among children, neighbouring
girls from weaker women, elderly, and the Districts of
socio economic differently abled and West Bengal
background, aiming livelihood enhancement
to turn them into projects
empowered and
dignified woman or
Shalinis.
2 Mobile Medical Van Eradicating hunger, Healthcare `1,36,58,000 for Direct `22,37,446/- Direct
(MMV) to provide poverty and Project the period 2015- expenditure:
basic diagnostic, malnutrition, promoting through 16 to 2017-18 `22,37,446/-
medicine, curative, preventive health care Mobile
referral and and sanitation and Medical Van
counselling services making available safe (MMV) in
to the rural population, drinking water the nearby
with the aim of villages
improving access to of Tizit,
medical services in the Dist: Mon,
remote areas as well Nagaland
as raising the level of
awareness among the
community towards
healthy and hygienic
living.
3 Project relating Promoting education, Kirti Nagar `1,46,81,164 for Direct `24,91,848/- Direct
to vocational Skill including special (Delhi) the period 2015- expenditure:
Development in the education and 16 (January 2016 `24,91,848/-
domain of Carpentry employment enhancing to March 2016) to
vocation skills especially 2016-17
among children,
women, elderly, and the
differently abled and
livelihood enhancement
projects
4 Nutritious daily meals Eradicating hunger, Nutritious `60,66,750 Direct `10,49,790 Through
for Children and one poverty and daily meals for the period expenditure: Ektara,
time expansion of malnutrition, promoting for Children 2015-16(October, `10,49,790 Kolkata, West
Kitchen considering preventive health care of Tiljala , 2015 to March, Bengal
number of children for and sanitation and Topsia and 2016) to 2017-18
their education etc. making available safe its adjoining
drinking water areas in
Kolkata
5 Greenply Foundation `2,02,00,000 `2,02,00,000
(Trust)
Total `2,62,19,084 `2,62,19,084
About the implementing agency: would like to submit that in view of the
time taken for identifying & setting-up the
a. Udayan Care, West Bengal: Udayan Care, institutional framework, the Company has
West Bengal, a Charitable Trust having unspent amount adding upto `226.33 lacs.
its office at Alok Kunja, 83 Ballygunge Out of the same `195.49 lacs has directly
Gardens, Kolkata-700 029, engaged in been disbursed by the Company to be spent
supporting education and grooming girl by GREENPLY FOUNDATION for eligible
students from economically weaker section CSR Projects and which is expected to be
of society. spent during FY 2016-17. The Company is
committed to the underlying intent of CSR
b. Ektara: Ektara, a Charitable Trust having and is optimistic of meeting its obligations
its office at 31/1, Topsia Road (South), under section 135 of the Companies Act,
Kolkata-700 046, engaged in providing 2013 and thereby make a positive impact
education opportunity along with nutritious on the society.
daily meals and awareness on health and
hygiene and livelihood training to the 7.
The CSR Committee of the Company
woman and children of Tiljala, Topsia and hereby confirms that the implementation
its adjoining areas in Kolkata. and monitoring of CSR Policy, is in
compliance with CSR objectives and Policy
6. The reasons for not spending the minimum of the Company.
allocated amount to be spent on the CSR
activities of the Company:
The Company has spent `262.19 Lacs Signing both on behalf of the Company and the
(includes transfer of `202.00 lacs to CSR Committee
Greenply Foundation, a trust created
by the Company under the Provisions of
Indian Trusts Act, 1882 to carry on its CSR Rajesh Mittal
activities) towards CSR activities, which Chairman of CSR Committee & Managing Director
is less than 2% of the average net profit of (DIN: 00240900)
last 3 financial years being `293.03 lacs.
Place : Kolkata
In response to the same, your Company
Dated : May 24, 201 6