Terms of Reference of Corporate Social Responsibility Committee (CSR)

The brief description of the terms of reference of the CSR Committee are:

1. formulating and recommending the CSR Policy to the Board in compliance with applicable provisions of Companies Act, 2013;
2. recommending annual action plan and the CSR Activities to be undertaken as per the applicable provisions of Companies Act, 2013;
3. recommending to the Board the CSR Expenditure to be incurred as per the applicable provisions of Companies Act, 2013;
4. periodic monitoring of the implementation of the CSR Policy and annual action plan;
5. reporting to the Board on the progress of the various CSR Activities and spends on a regular basis.