The Companies Act, 2013 (the “Act”) has made it mandatory for certain companies to carry out its corporate social responsibility activities in accordance with Section 135 of the Act, Schedule VII of the Act and the Companies (Corporate Social Responsibility Policy) Rules, 2014. In order to comply with the requirements of the law, the Board of Directors (the “Board”) of Angel Broking Limited (the “Company”) acting upon the recommendation of the Corporate Social Responsibility Policy Committee (the “Committee”), has adopted the Corporate Social Responsibility Policy (the “Policy”) and procedures with regard to the Company’s social responsibility.
Our Company strives to be a socially responsible company and strongly believes in development which is beneficial for the society at large as a part of its Corporate Social Responsibility (“CSR”). Through the CSR program, the Company sets the goal of reaching a balance that integrates human, environmental and community resources. By means of integrating and embedding CSR into its business operation and participating proactively in CSR initiatives, the Company intends to contribute continuously to the global sustainable development. The objective of this Policy is to set guiding principles for carrying out CSR activities by the Company and also to set up the process of execution, implementation and monitoring of the CSR activities to be undertaken by the Company.
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