Shanti Arham Foundation is company floated by the management of Shanti Foumach Pvt limited. The Company believes in a philosophy of adopting sustainable business practices which are beneficial to the various stakeholders including the society. Through its corporate values, the Company constantly endeavors to actively contribute to the social and economic development of the communities in which it operates.
The Company has always believed in giving back to the society and recognized its role and responsibility as a corporate citizen. The Company has social values ingrained into its culture and manner of working. The Company may undertake various CSR projects, programs and activities from time to time. Such projects, programs and activities will be undertaken keeping in mind the CSR philosophy of the Company and in alignment with the permissible activities under the Companies Act, 2013 and rules framed under (as amended from time to time). It shall be at the discretion of the Company to undertake, modify, implement and cancel CSR projects, programs and activities from time to time as it deems fit.
Without prejudice to the generality of the aforesaid, the company may from time to time undertake any project, program and activity on one or more of the following areas:
- Environment
- Education
- Health
- Empowerment & Gender Equality
- Innovation
- Development
The company has its vast vision in the area of :
- Ensuring environment sustainability, ecological balance, maintaining quality of soil, air and water.
- Contributions to approved agencies engaged in research aimed at promoting Sustainable Development Goals (SDGs)
- Promoting education, including special education through various activities including organizing schools development projects/programs, by organizing special sessions in schools, etc,
- Promoting education through various activities including providing support to educational institutions, centres for non-formal education, tent school programs, schools at various sites like construction sites, etc,
- Contributions to public funded Universities IIT’s, DAE, DRDO and other approved agencies.
- Employment enhancing vocation skills especially among children and women through various activities including child care centres, anganwadi programs, livelihood enhancement projects, vocational training programs, etc,
- Setting up homes & hostels for women and orphans.
Contribution to incubators or research & development projects in fields of science, medicine, technology and engineering.
Rural Areas, animal welfare.
Any other projects, programs and activities falling within the permissible activities prescribed under Companies Act, 2013, rules made thereunder, any circular/notification/guidelines/clarification issued thereunder. Mode of carrying out CSR activities.
The Company may carry out the CSR activities either on its own, or through a registered trust or registered society or through a company registered under Section 8 of the Companies Act, 2013 or through one or more of the modes in such manner as it deems fit and as allowed under the provisions of the Companies Act, 2013 and rules made thereunder. The Company may also collaborate with other companies for undertaking projects, programs and activities in such manner as it deems fit.
The Board of Directors may change the composition of the CSR Committee from time to time in such manner as it thinks fit. Subject to provisions of Companies Act, 2013 and rules made thereunder, the CSR Committee may meet at such intervals, in such manner and may carry out matters in such manner and function generally as per such guidelines as it deems fit.
The CSR Committee shall have, inter alia, the following roles, powers and responsibility:
Formulate and recommend the CSR Policy and any amendments therein to the Board of Directors of the Company,
Develop and approve various CSR projects, programs and activities to be undertaken from time to time either directly by the Company or through other entities,
Determine modalities of execution of such CSR projects, programs and activities,
Undertake all necessary steps to implement the CSR activities,
Authorise and approve CSR expenditure from time to time subject to the limits approved by the Board of Directors,
Monitor the CSR activities in such manner as it deems fit,
Carry out all such acts, deeds, matters and things as may be required in connection with aforesaid matters and generally for any matter connected with the CSR policy of the Company,
To perform such functions as may be entrusted by the Board of Directors from time to time.