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CORPORATE SOCIAL RESPONSIBILITY

We Inspire | We Support | We Encourage

Aaditri Group believes in participating and designing the CSR initiatives providing its core services for safety and security to integrate environmental and social principles into its core business. These initiatives also provide opportunities for positive change in people and society's moral, physical, and intellectual development.

CSR Activity

A. CSR Policy: Index

  • I. Preamble on CSR & list of CSR Activities
  • II. Corporate Social Responsibility Policy
  • III. CSR Composition
  • IV. CSR Eligibility
  • V. Monitoring, Review And Evaluation
  • VI. Reporting Framework
  • VII. Geography

I. Preamble

Policy Objectives:

The objective of the CSR 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 and with Schedule VII of the Act and the CSR Policy Rules 2014.

CSR Activity

II. Corporate Social Responsibility Policy:

Activities identified As Applicable to Aaditri Group Under Schedule VII

The CSR activities that the Company may undertake shall be inter alia:

  • 1. Eradicating hunger, poverty and malnutrition, promoting preventive health care and sanitation, including contribution to the Swach Bharat Kosh set-up by the Central Government for the Swachh Bharat campaign or any other fund set-up by the Central Government or State Government for socio-economic development and relief and welfare of the Scheduled Castes, the Scheduled Tribes, other backward classes, minorities and women;
  • 2. Promoting education, including special education and employment enhancing vocation skills, especially among children, women, elderly, and the differently abled and livelihood enhancement projects;
  • 3. Promoting gender equality, empowering women, setting up homes and hostels for women and orphans, setting up old age homes, day care centers and such other facilities for senior citizens and measures for reducing inequalities faced by socially and economically backward groups;
  • 4. Ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agro-forestry, conservation of natural resources and maintaining quality of soil, air and water including contribution to the Clean Ganga Fund set-up by the Central Government for rejuvenation of river Ganges;
  • 5. Protection of national heritage, art and culture including restoration of buildings and sites of historical importance and works of art; setting up public libraries; promotion and development of traditional arts and handicrafts;
  • 6. Measures for the benefit of armed forces veterans, war widows and their dependents, Central Armed Police Forces (CAPF) and Central Para Military Forces (CPMF) veterans, and their dependents including widows;
  • 7. Training to promote rural sports, nationally recognised sports, Paralympics sports and Olympic sports;
  • 8. Contribution to the Prime Minister's National Relief Fund for Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) or any other fund set up by the Central Government for socio-economic development and relief and welfare of the Scheduled Castes, the Scheduled Tribes, other backward classes, minorities and women;
  • 9. Contributions to incubators or research and development projects in the field of Science, technology, engineering and medicine funded by the Central Government or State Government or Public Sector Undertaking or any agency of the Central Government or State Governments;
  • 10. Contributions to public funded Universities; Indian Institute of Technology (IITs); National Laboratories and autonomous bodies established under Department of Atomic Energy (DAE); Department of Biotechnology (DBT); Department of Science and Technology (DST); Department of Pharmaceuticals; Ministry of Ayurveda, Yoga and Naturopathy; Unani, Siddha and Homoeopathy (AYUSH); Ministry of Electronics and Information Technology and other bodies, namely Defence Research and Development Organisation (DRDO); Indian Council of Agricultural Research (ICAR); Indian Council of Medical Research (ICMR) and Council of Scientific and Industrial Research (CSIR), engaged in conducting research in science, technology, engineering and medicine aimed at promoting Sustainable Development Goals (SDGs);
  • 11. Rural development projects;
  • 12. Slum area development 'slum area' shall mean any area declared as such by the Central Government or any State Government or any other competent authority under any law for the time being in force;
  • 13. Disaster management, including relief, rehabilitation and reconstruction activities.

III. CSR Composition:

The Company is not required to constitute a Corporate Social Responsibility Committee as the amount required to be spent by a company on CSR does not exceed fifty lakh rupees, the requirement for constitution of the CSR Committee is not mandatory and the functions of the CSR Committee, in such cases, shall be discharged by the Board of Directors of the company.

The Board of Directors have approved the CSR Policy in their meeting dated 01.02.2023.

IV. CSR Eligibility:

A company would fall within the ambit of CSR provisions if any of the following thresholds are met:

  • Net worth of INR 500 crore or more
  • Turnover of INR 1,000 crore or more
  • Net profit of INR 5 crore or more during the immediately preceding Financial Year.

V. Monitoring, Review and Evaluation:

There are 2 levels of Monitoring and Review undertaken for CSR initiatives:-

Level 1 : Proposals received by the Board of Directors; Review in the Board Meeting; Finalisation of the proposal and budget and by the Board of Directors to take up the project;

Level 2 : Budget allocation, receiving of proposal letters, entering Agreements, if any;

Applying for Government / Statutory Approvals, if any; Review of work by the Board of Directors depending on the location of the project and Corporate Social Responsibility team respectively.

VI. Reporting Framework:

  1. CSR project/ activity
  2. Sector
  3. Project/ programme
    1.Local area/ others.
    2.State district.
  4. Amount outlay (budget)
    Project/Program me wise
  1. Amount spent by project/ programme:
    1.Direct - 2.Overheads
  2. Cumulative spend up to reporting period
  3. Cumulative spend
    up to reporting
    period
  4. Amount spent direct/ through implementing agency*

VII: Geography

1. The Company will prefer to discharge its CSR obligations in the vicinity of company's offices and installations. The focus of the Company would be to take CSR initiatives in the communities, ranging from those villages/ towns/cities around its offices in Guntur / Hyderabad / Visakhapatnam / Tirupati.

2. The Company's initiatives will be aligned to the Aaditri's CSR thrust areas.

3. Aaditri is committed to ensuring that they benefit from the company's presence.

Geography Image 1 Geography Image 2

B. CSR Programs and Outcomes: CSR Eligible Amount spent in financial year 2022-23 & the Projects taken-up:

  • Brief outline of the Company’s CSR Project:
  • The Company had a net profit above the specified limit from its business in immediately preceding financial year i.e. in FY 2021-22. Therefore, the Company is to spend or transfer 2% of its Average Net Profits during immediately preceding 3 Financial Years. The Board had constituted a Corporate Social Responsibility (CSR) Policy at the meeting of Board of Directors held on 01.02.2023.
  • To build a better study environment for children, the Company has contributed towards the below works under its thrust areas, undertaken at Krosur Zilla Parishad High School, Palnadu Dist., Andhra Pradesh.
    • Education
    • Health and Sanitation
    • School Infrastructure
    • Empowerment
    • Community Development
CSR Project Image 1
CSR Project Image 2

2. Creation or Acquisition of Capital Assets

The details relating to asset(s) so created or acquired through CSR spent in the financial year, are as below:

S.No Short particulars of the property or asset(s)
[including complete address and location of the
property] & date of creation		 Amount Spent (in ₹) Location of the property
1 15 ceiling Fans dated 30/03/2023 45,000.00 ZP High School, Krosur Postal and Mandal, Guntur District - 522410, Andhra Pradesh.
2 Name Board dated 31/03/2023 20,390.00
3 Grill Doors & Sq Pipes and Sheet Fixing for Doors, dated 30/03/2023 60,500.00
4 Wiring, PVC pipes, electric Switches, Holders and Bulbs dated 30/03/2023 90,000.00
5 Civil works related to Renovation and remodelling of school including wash Rooms dated 27/03/2023 604,000.00
Total 819,890.00

These assets were created or acquired through CSR spending to support the development and improvement of facilities at ZP High School in Krosur Postal and Mandal, Guntur District.

Particulars Remarks Amount (in ₹)
Financial Year in which CSR amount to be spent FY, 2022-23 0.00
Due date of spending CSR 31st, March,2023 0.00
Eligible CSR amount to be spent before 819,949.00
Amount can be spent under CSR not less than 863,000.00
Our Plans And Goals To Bring Change

In The World

In today’s interconnected world, businesses wield significant influence beyond just their bottom line. With this influence comes a responsibility to contribute positively to society and the environment. Engaging in Corporate Social Responsibility (CSR) not only benefits communities and the planet but also enhances a company’s reputation, fosters employee engagement, and drives long-term profitability.

01
Risk Mitigation

Corporate Social Responsibility (CSR) enhances reputation by showcasing dedication to societal and environmental concerns. This fosters trust among customers, investors, and communities, fostering brand loyalty and favorable public image, vital for sustainable success.

02
Enhanced Reputation

Corporate Social Responsibility (CSR) enhances reputation by showcasing dedication to societal and environmental concerns. This fosters trust among customers, investors, and communities, fostering brand loyalty and favorable public image, vital for sustainable success.

03
Employee Engagement and Retention

CSR programs boost morale, motivation, and satisfaction among employees, fostering pride and purpose. Socially responsible companies attract top talent, increasing productivity and retention rates while aligning with employees' values.

04
Long-Term Sustainability and Innovation

CSR fosters sustainable business through eco-tech investment, ethical supply chains, and community projects, driving growth while reducing environmental and social harm. It sparks innovation by cultivating collaboration and problem-solving skills.

Our CSR Work
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Corporate Social Responsibility (CSR)

As we continue to grow as a trusted name in real estate, we remain steadfast in our mission to give back to society and protect the planet for future generations.
At AADITRI GROUP, development goes beyond infrastructure — it’s about building lives.​


CSR POLICY