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CSR Funds

  1. In line with the provisions of Sec 135 of the Companies Act 2013, and other sections, rules and notification issued thereof the company shall allocate at least 2% of their average net profit for three immediately preceeding financial years towards implementation of CSR policy.
  2. The CSR Committee shall approve the yearly CSR budget.
  3. Surplus, if any, arising out of CSR activities will not be part of business profit of the company.