Pakka Mat

CORPORATE SOCIAL RESPONSIBILITY POLICY
OF
KSOLVES INDIA LIMITED
1. BACKGROUND
Corporate Social Responsibility is strongly connected with the principles of Sustainability; an

organization should make decisions based not only on financial factors but also on the social and
environmental consequences. It is recognized that integrating social, environmental, and ethical
responsibilities into the governance of businesses ensures their long-term success,
competitiveness, and sustainability.
The Government as well as regulators have framed various guidelines pertaining to

responsibilities of business as well as the mandatory Corporate Social Responsibility provisions
under the Companies Act, 2013 and Rules made thereunder.
This approach also reaffirms the view that businesses are an integral part of society and have a
critical and active role to play in the sustenance and improvement of healthy ecosystems, in
fostering social inclusiveness and equity, and in upholding the essentials of ethical practices and
good governance.
This policy encompasses the company’s philosophy for giving back to society as a corporate
citizen and lays down the guidelines and mechanism for undertaking socially useful programs for
the welfare & sustainable development of the community at large.
This policy shall apply to all CSR initiatives and activities taken up not only at the various work‐
centers and locations of the Company but also in any other parts of the country, for the benefit of
the society.
2. OBJECTIVES
Ksolves’ CSR Policy intends to:
 Strive for economic development that positively impacts society at large with minimal
resource footprint.
 Embrace responsibility for the Company’s actions and encourage a positive impact
through its activities to alleviate hunger, poverty, and malnutrition; to protect the
environment; and to support communities, stakeholders, and society.
3. FOCUS AREAS AND MODES OF IMPLEMENTATION
Focus areas
In accordance with the requirements under the Companies Act, 2013 and the rules/regulations
framed there under and circulars/clarifications issued thereunder from time-to-time
(collectively, “Applicable Law”), Ksolves CSR activities, will focus on:
• HUNGER, POVERTY, MALNUTRITION, AND HEALTH: Eradicating extreme

hunger, poverty and malnutrition, promoting preventive healthcare and sanitation, and
making available safe drinking water.
• EDUCATION: Promoting education, including special education and employment-

enhancing vocational skills, especially among children, women, the elderly and the
differently-abled, and livelihood enhancement projects; monetary contributions to
academic institutions for establishing endowment funds, chairs, laboratories, etc., with the
objective of assisting students in their studies, this also includes skilling and re-skilling
initiatives for those who are in need.
• RURAL DEVELOPMENT PROJECTS: Strengthening rural areas by improving

accessibility, housing, drinking water, sanitation, power and livelihoods, thereby creating
sustainable villages.
• GENDER EQUALITY AND EMPOWERMENT OF WOMEN: Promoting gender

equality and empowering women; setting up homes, hostels and daycare centers for
women and orphans; setting up old age homes and other similar facilities for senior
citizens, and adopting measures for reducing inequalities faced by socially and
economically backward groups.
• ENVIRONMENTAL SUSTAINABILITY: Ensuring environmental sustainability,

ecological balance, protection of flora and fauna, animal welfare, agro-forestry,
conservation of natural resources and maintaining the quality of soil, air, and water.
• NATIONAL HERITAGE, ART AND CULTURE: Protecting national heritage, art,

and culture, including the restoration of buildings, sites of historical importance, and
works of art; setting up public libraries; reviving, promoting, and developing traditional
arts and handicrafts.
Modes of implementation
Sl. No Focus area Implementation strategy

1 Hunger, Work directly or with non-profit organizations at the infrastructure and/or
poverty, operational level to support meal or nutrition-related programs in schools
malnutrition and other institutions across India. Work with medical and health-related
and healthcare organizations for projects in preventive healthcare, short-term and long-
term care and treatments.
2 Education Partner directly or with non-profit organizations, primary, secondary and

higher educational institutions including schools, colleges, and universities to
encourage efforts in a wide range of areas including training, provision of
funding for continued education, skilling and re-skilling initiatives, offline
and online education, research, infrastructure development and capacity
building.
3 Rural Work with non-governmental organizations (NGOs) and local
Development administrations to achieve community development goals. Partner directly
or with governments and NGOs to support projects related to development
and improvement of infrastructure and essential amenities, livelihood and
skilling initiatives, training and education, and rehabilitating
disaster-
affected victims in rural areas.
4 Gender equality Work directly or with NGOs to reach out to underprivileged and socially
and disadvantaged persons including women and children towards the cause of
empowerment of gender equality and empowerment. Projects include awareness activities,
women pieces of training, support for livelihood-related efforts, infrastructure
development, and operational needs.
5 Environmental a) Work with NGOs on safeguarding the environment, including

sustainability protection of flora and fauna, promoting climate action, renewable
energy, natural resource conservation as well as promoting resource
efficiencies across energy, water and waste management.
b) Projects can include interventions in the areas of water and wastewater
management (watershed management, lake rejuvenation, etc.), rural
electrification, waste to energy (household biogas), avoidance or
replacement of firewood for cooking with efficient alternatives,
forestry, amongst others.
6 National Support artists, including writers, poets, painters, musicians, dancers and
heritage, art and theatre artists, in collaboration with partner organizations through
culture contribution towards operational needs, performance activities, livelihoods,
and other opportunities to encourage the preservation of cultural and
traditional Indian art forms. Undertake restoration of architectural
structures, historical
monuments, and water bodies.
4. UNDERTAKING CSR ACTIVITIES
Ksolves will undertake its CSR activities (being projects/programs / other permitted
activities), approved by the CSR Committee through the eligible entity/organization as
approved by the CSR Committee.
The surplus arising out of the CSR activities shall not form part of the business profit of the
Company. Such surplus shall be spent towards its CSR activities in accordance with this
policy.
Identification and implementation of multi-year CSR projects/programs (“Ongoing Projects”)

will be monitored by the CSR Committee and the Board of Directors of the Company (“the
Board”), as required under Applicable Law.
5. CSR ANNUAL ACTION PLAN AND LOCATION OF CSR EFFORTS
The CSR Committee shall decide on the locations for CSR activities and formulate and
recommend to the Board for consideration/noting/approval a CSR annual action plan, which
shall contain all matters which are required under Applicable Law and any other matters as the
CSR Committee may deem fit from time to time.
The Board may modify the annual action plan as per the recommendations of the CSR
Committee at any time during the financial year, based on reasonable justification.
6. IMPACT ASSESSMENT
The impact assessment as and when applicable shall be undertaken by the Company or by the
recipient or by implementing agency as required by and in the manner set out under Applicable
Law, and the impact assessment report(s) shall be placed before the CSR Committee and the
Board and shall be disclosed as legally required.
7. COMPOSITION OF CSR COMMITTEE AND DISCLOSURES
The CSR Committee shall be comprised in accordance with the requirements of Applicable
Law. This CSR Policy, details of the composition of the CSR Committee, and projects
approved by the Board/CSR Committee shall be hosted on the Company's website.
8. GOVERNANCE
The Company can undertake CSR activities either by itself or through other entities (agency)
eligible to undertake CSR activities under Applicable Law. Accordingly, such other entities
will work closely with and support the Board and the CSR Committee in carrying out the CSR
activities of the Company. The entity will assist the CSR Committee in identifying the areas of
CSR activities and execution of initiatives as per defined guidelines. and will also assist the
Board and the CSR Committee in reporting the progress of deployed initiatives and in making
appropriate disclosures (internal/ external) on a periodic basis.
9. FUNDING, SELECTION AND MONITORING PROCESS
Such other entity will receive requests for funding of projects throughout the calendar year. Its
panel of experts will evaluate proposals received under such other entity’s focus areas and
projects will be prioritized by assessing their potential impact. Such other entity will then
forward its recommendations to the CSR Committee. The CSR Committee will deliberate on
the proposals and approve proposals for implementation at its discretion.
Ksolves’ representatives and/or such other entity will collaborate with stakeholders to monitor
the status of each project and will report its findings to the CSR Committee periodically to
enable the Board and the Management of the Company to meet their reporting, monitoring,
and other legal obligations as may be required by the board and the committee.
In any year, where the Company has spent in excess of its CSR obligation, such excess
spending shall be available for set-off against the Company’s CSR obligations for up to the
next three financial years in accordance with Applicable Law, and the Board/Committee shall
be competent to pass a resolution in this regard.
*****

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CORPORATE SOCIAL RESPONSIBILITY POLICY

Corporate Social Responsibility is strongly connected with the principles of Sustainability; an

The Government as well as regulators have framed various guidelines pertaining to

Ksolves’ CSR Policy intends to:

• HUNGER, POVERTY, MALNUTRITION, AND HEALTH: Eradicating extreme

• EDUCATION: Promoting education, including special education and employment-

• RURAL DEVELOPMENT PROJECTS: Strengthening rural areas by improving

• GENDER EQUALITY AND EMPOWERMENT OF WOMEN: Promoting gender

• ENVIRONMENTAL SUSTAINABILITY: Ensuring environmental sustainability,

• NATIONAL HERITAGE, ART AND CULTURE: Protecting national heritage, art,

Sl. No Focus area Implementation strategy

2 Education Partner directly or with non-profit organizations, primary, secondary and

5 Environmental a) Work with NGOs on safeguarding the environment, including

4. UNDERTAKING CSR ACTIVITIES

Identification and implementation of multi-year CSR projects/programs (“Ongoing Projects”)

5. CSR ANNUAL ACTION PLAN AND LOCATION OF CSR EFFORTS

9. FUNDING, SELECTION AND MONITORING PROCESS

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