REPORT ON CSR ACTIVITIES/ INITIATIVES

[Pursuant to Section 135 of the Act & Rules made there under]

 

1.      Brief outline on CSR policy of the Company

 

The CSR policy of EASTERN ORGANIC FERTILIZER PVT LTD , sets out the commitment and approach towards Corporate Social Responsibility of safeguarding the environment & ensuring environmental sustainability, ecological balance, animal welfare, conservation of natural resources and maintaining quality of soil.

 

The CSR theme of our Company is to build sustainable livelihood, to facilitate livelihood opportunities and promote socio-cultural development.

 

The Focus areas of CSR policy are:

 

·         Animal Welfare

·         Maintaining Quality of Soil

·         Training to educate rural population

·         Rural Development project

·         Free Education

·         Food & Shelter

·         Medical Assistance

 

2.      Composition of the CSR Committee

 

Sl. No.	Name of Director	Designation / Nature of Directorship	Number of meetings of CSR Committee held during the year	Number of meetings of CSR Committee attended during the year
1.	Sudhir Satnaliwala	Chairman-Whole-Time Director	2	2
2.	Akshay Satnaliwala	Member-Executive Director	2	2

 

3.      Web link where composition of CSR Committee, CSR Policy and CSR projects approved by the Board are disclosed on the website of the Company.

 

The Board of Directors of the Company has approved the CSR Policy as recommended by the Committee and the same has been uploaded on the Company’s website

 

Provide the details of Impact assessment of CSR projects carried out in pursuance of sub rule (3) of rule 8 of the Companies (Corporate Social responsibility Policy) Rules, 2014, if applicable (attach the report) —Not Applicable

 

4.      Details of the amount available for set off in pursuance of sub rule (3) of rule 7 of the Companies (Corporate Social Responsibility Policy) Rules, 2014 and amount required for set off for financial year, if any

 

Sl. No.	Financial Year	Amount available for set-off from preceding financial years (in `)	Amount required to be set-off for the financial year, if any (in `)
1.	Not Applicable	Not Applicable	Not Applicable

 

5.      Average net profit of the company as per section 135(5) FY( 2021-2023):

Rs. 5,58,46,660/-

 

6.      (a) Two percent of average net profit of the company as per section 135(5):Rs. 11,16,933/-

(b)   Surplus arising out of the CSR projects or programmes or activities of the previous      financial years: Nil

(c)   Amount required to be set off for the financial year, if any: Nil

(d)  Total CSR obligation for the financial year (7a+7b-7c): Rs. 11,16,933/-

 

7.      (a) CSR amount spent or unspent for the financial year:

 

Total Amount Spent for the Financial Year (`        in Rs.)	Amount Unspent (in `)
	Total Amount transferred to Unspent CSR Account as per section 135(6)		Amount transferred to any fund specified under Schedule VII as per second proviso to section 135(5)
	Amount	Date of transfer	Name of the Fund	Amount	Date of transfer
11,18,000/-	Not Applicable

 

     

  (b) Details of CSR amount spent against ongoing projects for the financial year:

 

1

2

3

4

5

6

7

8

9

10

11

Sl. No.

Name of the Project

Item from the list of activities in Schedule VII to the Act.

Local area (Yes/ No)

Location of the project.

Project duration

Amount allocated for the project (in Rs.`)

Amount spent in the current financial Year (in Rs. `)

Amount transferred to Unspent CSR Account for the project as per Section 135(6) (in Rs. `)

Mode of Implementation – Direct (Yes/No)

Mode of Implementation through Implementing Agency

State

District

Name

CSR Registration number

1.

Clause IV of Schedule VII

YES

West Bengal

Kharagpur

ON GOING

6,08,000/-

–

No

Akhil Bharat Goseva Sansthan

CSR00025352

2.

Clause I & II of Schedule VII

NO

Gujarat

Bhavnagar

ON GOING

5,10,000/-

–

No

Shree Shraddha Education and Charitable Trust

CSR00029026

(c)  Details of CSR amount spent against other than ongoing projects for the financial year:

 

Sl. No.	Name of the Project	Item from the list of activities in schedule VII to the Act	Local area (Yes/ No)	Location of the project.		Amount spent for the project (` in Lac)	Mode of implementation – Direct (Yes/No)	Mode of implementation – through Implementing Agency.
				State	District			Name	CSR registration number
Not Applicable

                        For and on behalf of the Board of Directors

Eastern Organic Fertilizer Private Limited

 

 

 

Sd/-