CORPORATE SOCIAL RESPONSIBILITY (CSR)

The Corporate Social Responsibility Committee authorized to perform the following functions:

(a) Formulate and recommend to the Board a “Corporate Social Responsibility Policy” which shall indicate the activities to be undertaken by the Company as specified in Schedule VII of the Companies Act, 2013, and the rules made thereunder, each as amended; monitor the implementation of the same from time to time; and make any revisions therein as and when decided by the Board;

(b) Review and recommend the amount of expenditure to be incurred on the activities referred to in clause (a);

(c) Monitor the Corporate Social Responsibility Policy of the Company from time to time;

(d) Identify Corporate Social Responsibility Policy partners and Corporate Social Responsibility Policy programmes;

(e) Formulate and recommend to the Board an annual action plan in pursuance of its Corporate Social Responsibility Policy, which shall include the following:

  • The list of Corporate Social Responsibility projects or programmes that are approved to be undertaken in areas or subjects specified in Schedule VII of the Companies Act, 2013;
  • The manner of execution of such projects or programmes as specified in the rules notified under the Companies Act, 2013;
  • The modalities of utilisation of funds and implementation schedules for the projects or programmes;
  • Monitoring and reporting mechanism for the projects or programmes; and
  • Details of need and impact assessment, if any, for the projects undertaken by the Company.

CSR COMMITTEE:

The Committee is consisting of three members of the Board and out of which one director is an independent director of the company. The committee comprises of following directors:

Sr. No Name of the Directors DIN Designation Category
1 Mr. Narayan Singh Rao 01237340 Chairman and Managing Director Chairman
2 Mr. Dilip Singh Rao 02241756 Whole time director Member
3 Mr. Prakash Jain 06498345 Non-Executive Independent Director Member

FOCUS AREAS:

We are committed to corporate social responsibility initiatives in the areas of education, healthcare, environment preservation and local employment. We try to identify the genuine needs of communities where we operate. We also participate in community and social activities. During the nine-month period ended December 31, 2024 and the Financial Years 2024, 2023 and 2022, we voluntarily incurred expenses towards corporate social responsibility amounting to ₹11.96 million, ₹ 16.10 million, ₹ 10.03 million, 7.62 million, respectively. Our Company has received a certificate of appreciation by the Govt. Lower Primary Kannada School Godihal (Belagvi) Karnataka for its contribution of classroom furniture, toilet blocks and renovation.

CSR POLICY:

As a part of its initiatives under “Corporate Social Responsibility” the Company has formulate Corporate Social Responsibility Policy (CSR Policy) in terms of which the Company has undertaken various activities/Programme in areas or subject, specified in Schedule VII. The Company’s CSR Policy is available at RIPL CSR .

CSR PROJECTS APPROVED BY THE BOARD OF DIRECTORS:

Name of File Date Download
Financial Year 2024-2025 Download
Financial Year 2023-2024 Download
Financial Year 2022-2023 Download
Financial Year 2021-2022 Download