Page 88 - Kolte Patil AR 2019-20

For the Board of Directors,
Rajesh Patil
Chairman and Managing Director
DIN 00381866
Date: 23 June 2020 Place: Pune
Umesh Joshi
Independent Director
DIN: 02557162
86 | Kolte-Patil Developers Limited
ANNEXURE IV
Corporate Social Responsibility (CSR)
[Pursuant to clause (o) of sub-section (3) of section 134 of the Act and Rule 8 of the Companies (Corporate Social Responsibility) Rules, 2014]
The CSR Committee has formulated CSR policy to spend CSR corpus on primary on education and to develop rural area preference would be villages nearby company’s project.
CSR policy can be accessed at: https://www.koltepatil.com/assets/uploads/ corporate_governance/157190905294663790.pdf Mr. Umesh Joshi – Chairman
Mr. Jayant Pendse – Member
Mr. Prakash Gurav – Member
Mr. G L Vishwanath – Member
Mrs. Manasa Vishwanath – Member Mr. Milind Kolte - Member
3. Average net profit of the company for last three financial years
4. Prescribed CSR Expenditure (two per cent of the amount as in item 3 above)
5. Details of CSR spent during the financial year
(a) Total amount spent for the financial year
(b) Amount unspent
6. Reasons for not spending the amount
7 A responsibility statement of the CSR Committee that the implementation and monitoring of CSR Policy, is in compliance with CSR
objectives and Policy of the Company
“The implementation and monitoring of Corporate Social Responsibility (CSR) Policy, is in compliance with CSR objectives and policy of the Company.”
1. A brief outline of the Company’s CSR policy, including overview of projects or programs proposed to be undertaken and a reference to the web-link to the CSR policy and projects or programs
2. The Composition of the CSR Committee
C12,822 Lakhs C 256 Lakhs
C 404 Lakhs Not Applicable Not Applicable