The Corporate Social Responsibility Committee of SBIPL Projects Limited has been constituted in accordance with Section 135 of the Companies Act, 2013 and the Companies (Corporate Social Responsibility Policy) Rules, 2014.
Composition
| Name | Designation | Category |
|---|---|---|
| Mr. Surender Pal (DIN 03505172) | Chairman | Managing Director |
| Mr. Kunal Sharma (DIN 11278921) | Member | Independent Director |
| Ms. Priyanka (DIN 11458536) | Member | Non-Executive Director |
Terms of Reference
- Formulate and recommend the CSR Policy to the Board, including activities under Schedule VII of the Companies Act, 2013.
- Identify CSR policy partners and CSR programmes.
- Review and recommend CSR expenditure and allocation across approved programmes.
- Formulate and recommend an annual CSR action plan including approved projects, execution mechanism, utilisation of funds, implementation schedules, monitoring and reporting mechanism, and need/impact assessment where applicable.
- Delegate responsibilities to the CSR team and supervise execution.
- Review and monitor implementation of CSR programmes and issue necessary directions for timely completion.
- Perform other duties and exercise powers as required by the Board and applicable law, including Section 135 of the Companies Act and CSR Rules.
Meetings
The Committee functions in accordance with applicable law and Board-approved terms of reference. Meeting frequency, attendance and related disclosures are reported in the Annual Report / Corporate Governance disclosures, as applicable.