CORPORATE SOCIAL RESPONSIBILITY POLICY

INTEX TECHNOLOGIES (INDIA) LIMITED

Company has formulated a Corporate Social Responsibility Committee under the provisions of
section 135 of the Companies Act, 2013 and Companies (Corporate Social Responsibility Policy)
Rules, 2013.
Composition of Committee
Corporate Social Responsibility Committee comprises following board members:
i.
ii.
iii.

Mr. Bharat Bhushan Chadha

Mr. Atul Jain
Ms. Nidhi Sardana

Independent Director
Whole Time Director and CFO
Whole Time Director

Functions of CSR Committee

a)
b)
c)
d)
e)
f)

Formulate and update CSR Policy, for approval by the Board of Directors.
Approve projects that are in line with the CSR policy of the Company.
Put monitoring mechanisms in place to track the progress of each project.
Recommend the CSR expenditure to the Board of Directors.
Meet atleast twice a year to monitor CSR policy and review the progress made.
Any other matter directly or indirectly related to CSR compliances

CSR Projects, Programme and Activities

Company shall undertake such projects, programs and activities which are falling within the
purview of schedule VII of the Act and as may be amended by ministry from time to time.
Modalities of execution of CSR activities
Company may undertake CSR activities as it own or through any or all following agencies:

A registered trust, society or section 8 companies provided such entity is established by

the company.

A registered trust, society of section 8 companies which is not established by the

company Provided It shall have an established track record of three years in undertaking
similar projects or programs and activities to be undertaken by these entities are those
which are specified by the company.

Evaluation, Monitoring and reporting mechanism

Company Secretary to the Committee will evaluate the viability of proposals/ programs for CSR
initiatives and report the same to the Committee.
The CSR Committee will submit report to the Board. The report would indicate:

Details of program/activity undertaken during the period;

Details of outlay, budgeted vs. actual, and reasons of variance;
Achievement or impact recorded in the society due to such CSR initiatives

Board will do periodic reviews and communicate its observations to the CSR Committee

The CSR Policy shall be placed on the Companys Website

Annual Report on CSR Activities shall be prepared and be attached with Companys
Board Report

CSR Expenditure
CSR expenditures shall be as required under Section 135 of the Companies Act, 2013 and
Companies (Corporate Social Responsibility) Rules, 2014.
CSR expenditure will include all expenditure, direct and indirect, incurred by the Company on
CSR Programmes undertaken in accordance with the approved CSR Plan. Moreover, any surplus
arising from any CSR Programmes shall be used for CSR. Accordingly, any income arising from
CSR Programmes will be netted off from the CSR expenditure and such net amount will be
reported as CSR expenditure.
Amendments to CSR Policy
CSR policy may be amended or revised from time to time after approval of Board of Directors
upon recommendations of CSR Committee. If required Chairman of the CSR committee shall be
authorised to issue necessary clarification as regard to CSR policy and shall be tabled before
next meeting of the committee for information and rectification.

Sd/Mr. Bharat Bhushan Chadha

Director
Date: 04.08.2014

Sd/Mr. Atul Jain

Director

Sd/Ms. Nidhi Sardana

Director